Northeast

The development plan calls for a total of 303 units that will consist of a mix of one- two- and three-bedroom apartments. A total of 19 units would be affordable to those making 60% of average median income.

CNL Healthcare Properties was the seller of the four inpatient rehabilitation facilities.

In connection with the deal, Vornado also reports that Haim Chera, 50, has left the family-owned Crown Acquisitions to join Vornado as its EVP- head of retail.

With first-quarter gross domestic product figures due April 26, the surprisingly strong retail report spurred economists to further increase projections.

The mixed-use development will include 232 five-star hotel rooms, luxury for-sale residential units, approximately 10,000 square feet of retail space and a 368-space parking garage. Both the hotel and the for-sale residential units will be branded and operated by Four Seasons Hotels and Resorts.

Marc Wieder, a partner at accounting firm Anchin, points out ways Treasury's proposed Opportunity Zone regulations make real estate transactions easier.

The former historic National Products Company building has a new life as a modern mixed-use development.

Reinhart, the long-time general counsel for K. Hovnanian, will lead Brunelli's efforts to assist homebuilders and other developers, as well as buyers and tenants on mixed-use projects.