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NEW YORK CITY-Extell Development's proposed plan of converting the Riverside Center on the Upper West Side to a 2,500-apartment project is facing opposition from the Manhattan Borough President Scott Stringer.
NEW YORK CITY-Park Center for Rehabilitation and Healthcare is purchasing the Jewish Geriatric Center, a not-for-profit 354-bed nursing home at 4915 10th Ave. in Brooklyn, for $60 million.
CHICAGO-A US Bankruptcy Court judge has ruled in favor of the lenders of the 556-room InterContinental Chicago O'Hare Hotel causing a setback for Harp Group, the hotels' developer and owner.
CHICAGO-Regency Centers Corp., a Jacksonville-based operator, owner and developer of community and grocery-anchored shopping centers, has acquired the Glen Oak Plaza in Glenview, IL, for $18 million.
SAN DIEGO-LNR Partners Inc., a commercial realty investor, has completed the sale of the 316-room Mission Plaza Hotel & Suites to Jet Stream Hotels & Resorts and Reven Capital for a 70% loss of $12.5 million.
BROOKLYN, NY-The Department of Citywide Administrative Services in New York City has inked a lease for 81,800 square feet of office space in downtown Brooklyn at 2 MetroTech Center.