HOBOKEN, NJ—The Hoboken City Council has approved by an 8-1 vote plans to redevelop the city's rail yards.

NEW YORK CITY—“In New York, we could have the most dilapidated piece of crap with environmental problems and hair growing out of it and there'd still be 100 buyers lining up for it," Massey Knakal chairman Bob Knakal told an amused crowd at a recent industry event.

GREENWOOD VILLAGE, CO—The full-service hotel in suburban Denver was sold to ASAP Holdings.

ALBANY, NY—In a surprise decision, the New York State Gaming Facility Location Board decided not to recommend any of the six gaming proposals in Orange County and instead awarded just one casino for the Catskill/Hudson Valley Region in Sullivan County at the Concord Hotel property in the Town of Thompson.