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NEW YORK CITY-The Tunnel Garage in SoHo has been converted into an apartment, which will open in September for rent rates starting at $6,500 per month.
ATLANTA-Sales in the commercial property market remained at a standstill for months with sellers refusing to reduce prices while buyers demanded discounts.
HORSHAM, PA-Toll Brothers, a builder of luxury homes, has created a new unit called Gibraltar Capital and Asset Management to take over investment opportunities as well as real estate acquisition.
ORLANDO-Arbon Equipment Corp. Inc. has signed a new lease for 13,800 sf of industrial space at the Lee Vista Business Center located at 7443 Emerald Dunes Drive, Orlando.
WASHINGTON, DC-The National Association of Home Builders has reported that the housing market index in July has fallen by more than anticipated with the expiration of the federal tax credit.