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PARSIPPANY, NJ—The State of New Jersey has awarded a New York State based company a $34.475-million contract to demolish the former Greystone Park Psychiatric Hospital here.
PHILADELPHIA, PA—Michael J. Sher has joined Colliers International as senior managing director of the Healthcare Services Group. In addition to the Colliers Philadelphia healthcare team, Colliers Healthcare Services Group includes over 75 professionals across the United States.
NEW YORK CITY—The move—which is being made due to Michael McNally's planned retirement from the position by year end—has led to several other senior-level promotions.
VALLEY FORGE, PA—The Dow Hotel Company, a Seattle-based hotel owner/investor and operator of 11 first-class, full-service hotels throughout the United States, has been named the manager of the DoubleTree by Hilton Hotel Philadelphia-Valley Forge.
CAMDEN, NJ—The ownership of Revel Casino Hotel, facing losses of $1 million-$2 million a week, was looking to shut its doors Monday, but was turned down by state regulators, who ordered Revel to remain open until Labor Day weekend.
EATONTOWN, NJ—Vietnamese noodle restaurant Pho 99 and nail salon Affinity Nails & Spa have leased a combined 7,700 square feet of space at Eatontown Plaza in Eatontown. Levin Management is exclusive leasing agent for the 30,000-square-foot center. The lease signing brings Eatontown Plaza to 100 percent occupancy.
NEW BRUNSWICK, NJ—Republican U.S. Senate candidate Jeff Bell will keynote RealShare NEW JERSEY, the annual conference for New Jersey's commercial real estate movers and shakers, at New Brunswick's Hyatt Regency on Sept. 11. The industry's premier educational and networking conference is hosted by ALM's Real Estate Media Group, publishers of GlobeSt.com and Real Estate Forum.
PHOENIX—Resmark Apartment Living and Lennar Multifamily Communities announce the opening of a new luxury apartment community, Skywater at Town Lake, in Tempe. The community has completed the first group of apartment units and will welcome its first residents this month.
BOSTON—Property services company DTZ reports that Chris McMahon and Peter Bean have left Newmark Grubb Knight Frank and have joined the firm as senior vice president and vice president in brokerage, respectively.