YONKERS-A plan that could eventually expedite more than $3 billion in new development on a 500-acre section of the waterfront and downtown districts receives a necessary and symbolic seal of approval from the Yonkers City Council.

YONKERS-A plan that could eventually expedite more than $3 billion in new development on a 500-acre section of the waterfront and downtown districts receives a necessary and symbolic seal of approval from the Yonkers City Council.

YONKERS-A plan that could eventually expedite more than $3 billion in new development on a 500-acre section of the waterfront and downtown districts receives a necessary and symbolic seal of approval from the Yonkers City Council.

WHITE PLAINS-While commercial brokerage firms Cushman & Wakefield and Newmark Knight Frank have Westchester County's office availability rate being flat or up slightly from three months ago, both agree that rates will be lower later this year. Office-asking rents--in White Plains particularly--will be higher.

FAIRFIELD, CT-Sun Realty Associates, a locally based ownership group, secures $20.6 million in financing for its Black Rock Shopping Center property here. The funds were used to defease an existing securitized loan.

FAIRFIELD, CT-Sun Realty Associates, a locally based ownership group, secures $20.6 million in financing for its Black Rock Shopping Center property here. The funds were used to defease an existing securitized loan.

KINGSTON, NY-Armor Dynamics Inc. will build a $20-million "green" manufacturing plant at the Kingston Business Park here. The firm expects to create 570 new jobs in the next five years at the 58,000-sf facility.

WILTON, CT-Lights, Camera, Interaction, the makers of the "Melissa & Doug" brand of children's toys, will relocate its corporate headquarters from Norwalk to 141 Danbury Rd. here this spring. The firm purchased the vacant 47,040-sf building for $5.2 million.