Murdoch Capital LLC and Parkway Partners, two Houston-based privately held real estate investment companies, formed a joint venture for the acquisition and redevelopment of the former Toys R Us.

The developer says the Life Time club at One Wall Street will be the most extensive health and wellness center in New York City.

Housing will continue to be a hot topic this year as millennial home ownership remains slow and the stage is set for the 2020 election.

While noting that the college's current budget is balanced and its $52-million endowment has been strong, the harsh financial realities of small universities in the United States could not be ignored.