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BOSTON—While the report's projections on growth and the stress they will put on the city's infrastructure are alarming, the report characterizes the city's current infrastructure as “inadequate, deteriorating, and out of date.”
LOS ANGELES—The Dallas-based hotel manager is now at the helm of the Hyatt Regency Los Angeles International Airport, a 581-room hotel under redevelopment to become the largest feather in Hyatt's North American cap.
Put a petrochemical plant less than two miles away from a shopping mall, and what do you get? In Pennsylvania, at least, you get ringing praise from the REIT that owns the mall.
MIDDLETOWN, NJ—Community Investment Strategies, a builder of award-winning over-55 and multifamily housing communities throughout New Jersey, has started work on Bayshore Village, a new affordable, age-restricted housing community for seniors 62 and older in Middletown, NJ.
STANFORD, CA—BONE Structure expects to build 50 new homes in California in 2016 that will meet the 2020 Zero Net Energy new home building requirements.
PARSIPPANY, NJ—Kings Supermarkets has extended the lease of its 40,878-square-foot corporate headquarters at 700 Lanidex Plaza, Parsippany, NJ, for an additional nine-year term.
NEW YORK CITY—Weighing in on the state of affairs at NYU's hotels conference earlier this week, a group of four top hotel executives said that, in spite of recent market dips, the industry appears to be at its healthiest point yet.
ROCHESTER, NY—The properties, which are located in Arkansas, Illinois, Indiana, Kentucky and Missouri, total 450,711 square feet and are tenanted under one master lease for an initial term of 17 years.