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CLEVELAND-The hotel and restaurant employees union, a big shareholder in Boykin, is attacking management for failing to boost the trust's sagging share price. The union is demanding management consider a sale or liquidation of the trust.
PHOENIX-After more than a decade of struggle, a $330-million development poised on the edge of Grand Canyon National Park faces it's final hurdle in Coconino County in the Nov. 7 election.
BAYONNE, NJ-Developer Starwood Heller is finishing the build-out and lease-up of the A&P-anchored Bayview Plaza, which the company acquired three years ago. It even draws shoppers from across the Bayonne Bridge.
BOSTON-Syms store downtown here is closing because sales did not meet company expectations compared to New York and Chicago stores. The store made it past the first-year mark, but closed before its third.
OAKLAND, CA-Apartments, office and retail space are apart of the plans for the 10-acre project that would be built on a portion of the MacArthur BART station. Jones Lang LaSalle and Creative Housing Associates will begin developing the project in 2003.
SAN FRANCISCO-In what just might be the strangest real estate story of the year, Maritime International is planning a $150-million floating hotel and conference center that would be an exact replica of the Titanic.
FAIRFAX, VA-Prentiss Properties has broken ground on its third building in Willow Oaks, starting the last phase of development for the 387,469-sf park that it acquired in 1998.