WALLKILL, NY-Officials with Ginsburg Development Cos. received approvals for a new community called "the Fairways," which will eventually feature 217 housing units located near the Orange County Golf Club here.

NORWALK, CT-Building and Land Technology has sold its 227-unit Merritt River Apartments complex here for a record setting $264,000 per unit to an institutional investor. The eight-story building sold for $60 million.

PURCHASE, NY-Simone Development Cos. plans to begin construction this spring on the first new office building to be built on the I-287 corridor here in nearly 15 years.

NEW ROCHELLE, NY-Developer Louis Cappelli's plan for a 26-story tower on a vacant parcel of land is moving through the approval process and is on course for a groundbreaking in the late spring or early summer.

WESTPORT, CT-An affiliate of Lexham Realty of Stamford has increased its holdings in the Westport market by acquiring the 274 Riverside Ave. office building here along the Saugatuck River for $12.7 million.

NORWALK, CT-Ending an office search that lasted at least two years, FactSet Research has decided to consolidate its three offices in the Greenwich area and move to 126,000 sf of space at the Merritt 7 Corporate Park here.

RYE BROOK, NY-The Altria Group Inc., parent company of Kraft Foods and Philip Morris International, is planning to vacate its massive complex here by year's end, and has hired CBRE to sell the 625,000-sf facility.

WHITE PLAINS, NY-Argent Mortgage Co., which already leases more than 200,000 sf at 333 Westchester Ave. here, has signed a lease across town for 223,366-sf of space at 44 South Broadway.