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NEW YORK CITY-While AOL Time Warner celebrates its new merger with hundreds of layoffs nationally from TV journalists to AOL techies, some here are hoping the Columbus Circle building will bring greater prosperity to the area.
SAN LORENZO, CA-The San Lorenzo Village Center Specific Plan covers 22 acres in the heart of the unincorporated area, which sits off Interstate 880 and borders the City of Hayward on Silicon Valley's northern edge.
ATLANTA-Simon Cooper, president of Marriott Lodging Canada, is replacing Horst Schulze as president and chief operating officer. Shulze will stay on as vice chairman of Ritz-Carlton Hotel Co., owned by Marriott International.
NEW YORK CITY- REIT investors should do well with this counter-cyclical sector because these assets do well when the economy slows down. The firm has upgraded its ratings for three multifamily stocks.
ARLINGTON, VA-Charles E. Smith is paying a dividend of $0.585 per share for the final quarter of 2000. Dividends are payable on Feb. 15 to shareholders of record as of Feb. 7.
ST. PAUL, MN-The deal for 110,000 sf in the 400 Building and 40,000 sf in the Lafayette Building eases a growing glut of office space downtown, where a 630,000-sf building has opened and sublease space will be available.
WASHINGTON, DC-The Corporate Executive Board is the newest tenant to sign up for 1857 K St., NW, a 170,000-sf office building set to open January 2002. The firm is renting 30,731 sf.
RIDGEFIELD, WA-Landowner Bob Zimmerly is partnering with Schuck and JRC Financial Inc., two Colorado-based companies. The trio has formed Pioneer Estates LLC to develop the project. JD White Co. Inc. of Vancouver is providing planning support.
STERLING HEIGHTS, MI-Cypress Senior Living hires Milford,MI-based builder to create 222-unit Sterling Heights complex. It should be completed next year.
ARLINGTON HEIGHTS, IL-The two-building complex also includes approximately 40,000 square feet of retail space and is located across Northwest Highway from the Metra commuter rail depot. AvalonBay plans renovation of apartments.