Globest Sectors

NEW YORK CITY-SL Green enters into an agreement to sell 470 Park Ave. S, which will generate a gain of approximately $118.4 million.

BROOKLYN, NY-Fifth Avenue Committee breaks ground on its affordable green residential development, located directly across the street from Atlantic Yards.

SOMERVILLE, MA-The 65,000-sf office and retail building at 212 Elm St. here features a stable rent roll with several top tenants.

LYNDHURST, NJ-The plastics maker now owns the building it initially leased as part of a headquarters move. A $7-million loan has completed the deal.

TRENTON-The half-acre parcel near this city's train station has been cleared of buildings. City officials are looking for housing or mixed uses.

NEW YORK CITY-A phased occupancy of the landmark Equitable Building--consolidating four separate Manhattan locations--is slated to begin in Mid 2008.

DELRAY BEACH, FL-Work begins on the 29-unit Seagate Residences, with construction of the 162-suite Seagate Hotel & Spa and Seagate Beach Club expected to start soon.

BEVERLY HILLS, CA-The acquisition is the second within the Golden Triangle this year for Festival Retail Fund 1 and its sixth acquisition of 2007.