HUNTINGTON, NY-Gone from the revised proposal are 111 of the original 490 apartments and a transit-oriented development component.

RYE BROOK, NY-It’s the second hotel sale this year for the Dallas-based REIT, which is using proceeds to pay down debt.

NEW YORK CITY-William Mack and Lee Neibart will continue leading the business, which now has a global real estate investment manager in partner in NAB.

NEW YORK CITY-A 16% increase in regional shipping traffic for 2010 bodes well for the ports and the region’s industrial sector.

NEW YORK CITY-The private equity giant has hired Goldman Sachs veteran Ralph Rosenberg as head of real estate investing.

NEW YORK CITY-Known as TDI/Dune Real Estate Investments LLC, the joint venture will focus solely on class A apartment properties in core markets.

NEW YORK CITY-The property’s close proximity to public transportation helped bring in the sale at a 5.2% cap rate, says Massey Knakal’s Sarath.

ALBANY-Julie Shimer, currently president and CEO of Welch Allyn, will join Kenneth Adams in leading the statewide economic development agency.