WHITE PLAINS-In the first major lease deal since it acquired the building a few months ago, Caspi Development Co. reports that the Bank of New York has signed a lease renewal deal for its 14,467 square feet office at 235 Main St.

SUFFERN, NY-If the cosmetics firm receives all the necessary approvals and incentives it requires, Avon Products Inc. hopes to begin construction on a new $93 million research and development facility here sometime next year.

WINDSOR, CT-Griffin Land, the real estate division of Griffin Land & Nurseries Inc. of New York City, reports that it has acquired the remaining 70% interest in two, 80,000-sf office buildings that are part of the Griffin Center office complex here.

TARRYTOWN, NY-DLC Management Corp. has acquired Olde Towne Plaza, a 288,000-sf strip regional power center in Ballwin, Mo. from Regency Centers of Jacksonville, Fla. for $32.3 million, globest.com has learned.

GREENWICH, CT-Urstadt Biddle Properties Inc. reports it has signed a $41-million contract to acquire a 185,000-sf shopping center property in the Westchester/Fairfield County area.

WHITE PLAINS-Cappelli Enterprises reports it has retained HRH Construction of New York City as the construction manager for its 35-story residential tower, part of its $300-million City Center at White Plains project.

OSSINING, NY-A local commercial broker has filed a $120-million lawsuit in New York State Supreme Court charging that the Town of Ossining and some of its chief officials conspired with a local business to deprive him of a brokerage commission on the sale of a parcel of property.

WHITE PLAINS-The Winter Organization of New York City, the owner of the 81 Main St. office building in downtown White Plains has announced that it will undertake an extensive renovation/modernization program to make the building more competitive with other nearby class A properties.