NEW YORK CITY-The owner of a rehab project at 446-450 West 14th St. aims to attract fashion retailers, media tenants and other users looking to establish a brand presence in this trendy Downtown neighborhood.

PHOENIX-One of the biggest developers of affordable housing believes President George W. Bush has seriously undermined the original intent of the Section 8 voucher program. At RealShare Multi Family, Stuart Boesky of CharterMac, declared that his re-election could have a negative impact on apartment developers and recipients of government-subsidized housing.

NEW YORK CITY-Timothy Callahan, Trizec's president and CEO, reveals that his firm will be shedding more office properties in non-core markets and concentrating on selective investing, particularly in JV partnerships with other entities.

BROOKLYN, NY-The Frank Gehry-designed Brooklyn arena, tipping the scales at 7.7-million-sf, is set to go. Now all developer Bruce Ratner needs is the team to play there. The bidding war is on for the New Jersey Nets basketball franchise.

MELVILLE, NY-Reckson Associates Realty Corp. makes changes to its board of directors. The plans give independent board members more control over the board of the REIT, which reported revenues of $526.4 million last year.

WOODBRIDGE, NJ-NJSEA head George Zoffinger shared his frustrations about developing the Continental Airlines Arena project at the RealShare New Jersey Conference yesterday. Meanwhile, a group of heavy hitters admitted that the state's office sector continues to soften, with vacancy rates approaching 20%.

NEW YORK CITY-At a REBNY breakfast meeting yesterday, Senator Hillary Rodham Clinton touched on several Lower Manhattan redevelopment issues including the creation of a WTC research institute and a new high school.

ATLANTA- Bright-Sasser Canton LLC, based in Chattanooga, TN, has sold a 302,024-sf shopping center to Inland Retail Real Estate Trust. The center is currently 100% occupied by 49 tenants, including Publix and Belk's.