ORLANDO-Sergio and Hortensia Urena, operators of the IPN Deli in lower Manhattan, paid Edward Costa $190,000 or $82.60 per sf for the 2,300-sf, 90-seat, 21-year-old restaurant at 5758 Dahlia Dr. The Urenas will continue to operate their New York property.

ORLANDO-The locally based Internet marketplace, headed by Michael Gerrity, allows consumers to get free quotes by sifting real mortgage offers made by participating brokers and lenders on REC's own network.

NEW YORK CITY-The under-served affordable-housing market just got a serious boost from two major players. The initiative is geared to revitalizing down-trodden neighborhoods as well as increase ownership opportunities for low-income workers.

PHOENIX-Local retailers are the driving force behind metro Phoenix's strong 2001 close and 2002 outlook, says an exec for CB Richard Ellis. Some 70% of big box space vacated by national retailers was absorbed in Q4 2001.