CHERRY HILL, NJ-MeriStar Hospitality Corp. moves the 200-room Four Points Hotel by Sheraton to Growth Properties of Philadelphia, which quickly puts the South Jersey property under the Clarion Hotel banner.

PARSIPPANY,NJ-Sublet space is said to be on the rise in Northern New Jersey, and this latest block will be offered at below-market prices, according to its brokers.

ATLANTIC CITY-In a complicated sale-leaseback deal, a Philip Morris subsidiary has purchased the tax benefits from the New Jersey Sports and Exposition Authority, which will continue to run it.

PRINCETON-The closings were expected. In fact, when the merger was announced late last year the top executives of both banks indicated as much. Now the official numbers are in on just what will go.

MOUNT LAUREL, NJ-After three decades of legal wrangling and three trips to the State Supreme Court the low-income housing that Ethel Lawrence wanted to build here is finally a reality.

ATLANTIC CITY-As part of its $225 million expansion, the Tropicana Casino and Resort is proposing a pedestrian bridge linking the casino/hotel to its parking garage that will be turned into a themed shopping mall.

ELIZABETH, NJ-Hefty increases in tonnage, containers, number of ships and cargo value seem to justify the $1.8 billion expansion program that the Port Authority kicked off last year.

CARLSTADT, NJ-He can't legally block it, but New Jersey acting governor's active opposition to the proposed Mills mixed-use project in the Meadowlands casts doubt on whether and where it will get done. He discussed the topic on a radio call-in show last night.