NEW YORK CITY-A proposal by the Bloomberg administration to rezone a large section of midtown east has received high praise from a number of city government and business leaders.

NEW YORK CITY-CIM Group's purchase of the retail portion of 225 Fifth Ave. has come in at more than $78 million, city records indicate.

ATLANTA-Commercial brokerage firm Colliers International has signed a new 35,000-sf lease at the Promenade office tower in midtown Atlanta.

CHICAGO-A joint venture of Starwood Capital Group of Greenwich, CT and locally based Madison Realty Group Inc. has filed plans to build a new four-story apartment building in Logan Square.

WASHINGTON, DC-High sales volume and low inventory are fueling the nation's housing market that is now being viewed as a bright spot for the U.S. economy.

PHILADELPHIA-Community Legal Services, a non-profit law firm that provides legal assistance to the poor, is moving into its new North Philadelphia offices this month.

ATLANTIC CITY, NJ-The Atlantic Club Hotel and casino filed a notice with the state of 1,729 worker layoff, but said the notice was a legal formality that is required as part of a pending sale.

NEW YORK CITY-The more than 1 million-sf office tower-Four New York Plaza-has reopened way ahead of schedule.