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CORAL GABLES, FL-It's rare in foreclosure proceedings for a lender to recoup most of its money, but Ocean Bank did just that in the case of residential and commercial units it owned and later sold at the Ponce Tower Condominiums here.
CHICAGO-A developer's plan to build a convention center adjacent to O'Hare International Airport has been at least temporarily sidetracked by a federal judge in connection with a Securities and Exchange Commission lawsuit.
NEW YORK CITY-The purchase of a critical two-acre parcel by JDS Development Group at the former Con Edison site on the East River in Kips Bay could pave the pay for construction to begin on its residential high-rise project this summer.
SILVER SPRING, MD-The Tower Cos. presented plans last night that would dramatically increase the residential and shopping components of The Blairs development here.
PHILADELPHIA-While Beneficial Bank says it has narrowed its search to three locations in the city, a report has it that the bank is seriously considering 1818 Market St. here for its new corporate headquarters.
ATLANTIC CITY, NJ-The state's top casino regulator confirmed published reports that the Revel casino and hotel is seeking outside assistance with its finances.
TRENTON, NJ-On pace to break occupancy levels recorded prior to the recession, the lodging industry received a major boost in the aftermath of Hurricane Sandy from displaced homeowners and construction workers who flocked to the state's hotels and motels in late 2012.