NEW YORK CITY-In August, Thomas Leppert resigned as chairman and CEO of the Turner Corp. and Davoren was named his successor. The changing of the guard happened with the start of the new year.

NEW YORK CITY-The $58 million will be used to build the project's 240 rental units.

NEW YORK CITY-Despite opposition from the Real Estate Board of New York, Mayor Bloomberg approves the revision of a 1971 law that provides tax relief to multifamily developers.

NEW YORK CITY-Despite opposition from the Real Estate Board of New York, Mayor Bloomberg approves the revision of a 1971 law that provides tax relief to multifamily developers.

NEW YORK CITY-Sunstone becomes a partner in the joint venture to acquire the 460-key property. The acquisition is part of Sunstone's effort to divest of non-core assets and move into top 25 markets.

NEW YORK CITY-Sunstone becomes a partner in the joint venture to acquire the 460-key property. The acquisition is part of Sunstone's effort to divest of non-core assets and move into top 25 markets.

NEW YORK CITY-The company will occupy a total of 12 floors in an Equity Office property currently undergoing a major redevelopment.

NEW YORK CITY-The company will occupy a total of 12 floors in an Equity Office property currently undergoing a major redevelopment.