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ELMWOOD, IL-The village of Elmwood filed suit on Thursday to force CenterPoint Properties to divulge how it spent tax incremental financing granted for its Deer Run industrial project here.
WHITE PLAINS, NY-Although not officially announced by the company or Westchester County, Xylem Inc., a spinoff of ITT Corp., is in negotiations to lease 50,000 sf or more at 1 International Drive in Rye Brook, NY.
WHITE PLAINS, NY-Laurence P. Gottlieb, director of the Office of Economic Development for Westchester County since 2010, announced his resignation Thursday to accept the position of president and CEO of the Hudson Valley Economic Development Corp. effective Feb. 25.
TRENTON, NJ-Federal officials say that New Jersey will receive $1.82 billion as part of the first installment of the more than $50-billion in Hurricane Sandy recovery package approved last month by Congress.
MIAMI-A group of investors that include Greenwich, CT-based Starwood Capital Group, is investing more than $100 million to turn the former Gansevoort South Hotel in Miami Beach into the 1 Hotel & Residences South Beach.
CHICAGO-President Obama is close to selecting Chicago's Penny Pritzker as his nominee for commerce secretary of the United States, a number of major news outlets are reporting.
NEW YORK CITY-The ownership of Stuyvesant Town and Peter Cooper Village could begin raising rents at the massive East Side apartment complex beginning in April.