STAMFORD, CT-The YMCA at 909 Washington Blvd. is selling off the eight-story attached tower, which will be repositioned as a hotel. The sale allows the center to reopen.

YONKERS-The estimated $3.1-billion redevelopment project is slowly gaining momentum and awaits a Phase I approval in January of next year.

YONKERS-The estimated $3.1-billion redevelopment project is slowly gaining momentum and awaits a Phase I approval in January of next year.

DENVER-Jeffrey H. Schwartz, chairman and CEO of the global REIT, is resigning amid the economic turmoil. Walter C. Rakowich, the president and COO, will take over as CEO.

DENVER-Jeffrey H. Schwartz, chairman and CEO of the global REIT, is resigning amid the economic turmoil. Walter C. Rakowich, the president and COO, will take over as CEO.

PARIS-The Radisson Hotel Paris La Defense will open in Q3 of 2011, while the Hotel Ambassador will undergo a revamp and become the Radisson Ambassador Hotel, Paris Opera by December 2008.

PARIS-The Radisson Hotel Paris La Defense will open in Q3 of 2011, while the Hotel Ambassador will undergo a revamp and become the Radisson Ambassador Hotel, Paris Opera by December 2008.

CAMBRIDGE, MA-Amid the economic turmoil, the ivy league university is reassessing its investment in the Boston neighborhood.