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NEW YORK CITY-Al Ratner, co-chairperson of Forest City Enterprises, spoke with GlobeSt.com about the Times Square project that will be a joint venture between The New York Times and his company.
EVERETT, WA-In a partnership between the private developer and the military made doable by the National Defense Authorization Act of 1996, 288 on-base townhome rentals will be constructed to provide additional, affordable housing for military personnel at the Naval station here.
ORLANDO-CalEast Industrial Investment buys top-grade Center of Commerce, an 11-building, 93%-leased asset, from Principal Capital Real Estate Investors and Petula Associates Ltd. for a total $123,333 per acre or $2.83 per sf.
NEW YORK CITY-TMW, a German investment group, has purchased the majority of interest in the building known for its Art Deco design--even given a nod in the musical, Annie. Tishman Speyer and Travelers Group will retain the other 25%.
SAN DIEGO-The San Diego County Taxpayers Association has joined San Diego mayor Dick Murphy and ballpark proponents in endorsing a new financing plan for the stalled project.
WILTON, CT-The Davis Cos. report that the Wilton has granted the firm final approval for 200,000 sf in new office development at its $90-million Wilton Corporate Park.
BOSTON-While state lawmakers attempt to change or do away with the affordable housing law here, Mayor Thomas M. Menino and other local housing advocates are unwavering in their support of Chapter 40B.
WAYNE, NJ-The supermarket's name will survive, but the 186-store chain will end up as a 30-store operation in the hands of a Vermont-based wholesaler with the others all being sold off in small blocks to other companies.
BALTIMORE, MD-Terry R. Dunkin of Colliers Pinkard, a real estate based management firm with offices here, will serve as chair of the Appraisal Institute's mid-Atlantic region. He heads Colliers Pinkard's appraisal group.