PHILADELPHIA-City Council President Darrell Clarke is expected to introduce legislation geared to bringing some 40,000 vacant, tax delinquent properties back on the tax rolls. If successful, the initiate could raise $125 million in revenue for the city. Each year the city spends approximately $20 million for maintenance on these vacant properties, according to The Inquirer. …

EDISON, NJ-Gov. Chris Christie told a group of real estate executives that he supports legislation that would modify and simplify state business tax incentive programs.

JERSEY CITY, NJ-Goldman Sachs is preparing to put approximately 300,000 square feet of space at 30 Hudson St. on the sublease market.

BROOKLYN, NY-Philadelphia-based developer Pennrose Properties has been added to the group charged with the redevelopment of the Prospect Plaza development here.

NEW YORK CITY-Brause Realty Inc. has awarded the leasing assignment for the available office and retail space at its 254 West 31st St. building here.

The General Services Administration reports that it received 35 proposals by Monday's deadline in connection with the plan to swap the downtown headquarters of the FBI for a new campus in the region.

ATLANTA- Cornerstone Real Estate Advisors LLC shelled out a total of $47.2 million for three Alpharetta office buildings.

NAPERVILLE, IL – The City Council on Tuesday granted approval for the controversial Water Street mixed-use project here that will feature a hotel, retail and parking garage.