Northeast

Current MTA President Patrick J. Foye, a favorite Cuomo transportation appointee, was nominated by the governor as the new chairman of the MTA. Foye will succeed Acting MTA Chairman Fernando Ferrer.

The technology law firm is leaving Midtown West heading to Midtown South moving into Global Holdings Management Group's 1250 Broadway.

Robert Koen and Stephen Friedberg, attorneys at the Mintz law firm, share some of the pressing legal issues and what they tell clients in previewing GlobeSt.com's upcoming Net Lease Event.

Alpha Capital Partners of Bridgeville, PA reports that its Opportunity Zone fund has purchased 1501 Herman St. and is planning to develop a 300-unit multifamily project there, according to Jide Famuagun, CEO of Alpha Capital.

These cities are good investments due to their popularity, growth, stability and neighborhood factors.

Foreign capital is moving into Philadelphia to invest in core deals in Center City, says Rittenhouse Realty's Ken Wellar.

The state legislature passed a budget including congestion pricing, a mansions tax and a permanent 2% property tax cap.

CBRE states that the sale price equated to the third highest sale price per unit secured for a 1960-1979 vintage asset in Hillsborough County.