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WASHINGTON, DC-While the economy is slowing down, housing affordability is increasing according to a National Association of Realtors report. Fourth quarter 2000 index of 132.9 is up 8.2% from the 124.7 reported in the previous quarter.
SEATTLE, WA-A company source tells GlobeSt CapitalStream has been growing rapidly over the past few years, and has moved a few times in the last three years to accommodate its widening employee base.
SOUTH AMBOY, NJ-The Victorian-style project, part of a larger community-wide development plan, will total almost 200 units. Build-out is expected to take three years and ground has now broken for the project.
MORGAN HILL, CA-A city task force is recommending the City Council approve the former grounds of Saint Louise Regional Hospital, consolidated with other Catholic Healthcare West-owned facilities in Gilroy, for another full-service medical building.
WASHINGTON, DC-The US General Services Administration has completed consolidation of the Federal real property regulations, 66 FR 5358. Copies of the regulation, which are in a question and answer format, are available at the agency's website.
NEW YORK CITY-Final bids were filed yesterday for the storied Twin Towers and various surrounding assets. Insiders report the Port Authority expects to get close to its $3-billion asking price, but the final results could take weeks.
MURRAY HILL, NJ-The medical device manufacturer will move as many as 500 positions from five other states to a new location to be determined in Central New Jersey.
EL CERRITO, CA-JMS Development Corp. is proposing the project, which also includes live-work units and 6,881 sf of retail, for the 4.2 acres previously owned by the El Cerrito Mill and Lumber Co.
NEW YORK CITY-The sublease for a portion of the 27th floor went for $100 per sf. The former tenant, a law firm, is consolidating its New York offices at Park Avenue Tower on 55th St.