EAST RUTHERFORD, NJ-Despite a recent pledge by Gov. Chris Christie that work would begin in January, the month came and went without major work at the long-delayed American Dream Mall project getting restarted.

NEW YORK CITY-The US CMBS delinquency rate for commercial real estate loans fell to 9.57% in January.

NEW YORK CITY-Demolition work has begun at 180 Orchard St., the future site of a new 23-story hotel on the Lower East Side of Manhattan.

NEW YORK CITY-SL Green Realty Corp. has paid more than $122 million for nearly 70,000 sf of retail space at 131-137 Spring St. here.

MIAMI-Local investors are expecting to sign a deal to purchase the troubled U.S. Century Bank based here.

CHICAGO-Job cut announcements by Illinois businesses last month fell sharply from a year earlier, but were much higher than those reported in December of last year.

MIAMI-A judge threw out a $3.1-milion verdict against The Related Group on Thursday, ruling that the developers did not intend to harm a not-for-profit in trying to secure approvals for a condo project in Coconut Grove.

WASHINGTON, DC-Despite the fact that the federal government shed 3,400 jobs last year, the jobless rate in Washington area held steady at 5.3%.