Globest Sectors

WEST POINT, GA-Crossman & Co. begins work on the Venue, which will contain 938 apartments, more than 350,000 sf of retail space and a hotel.

DALLAS-The leading architectural firm will shift towers in Lincoln Centre to double its office, create green space and bed down a deal two years in advance of the expiration.

NEW YORK CITY-Eli Cohen, who purchased the 304 Fifth Ave. property with the intention of building retail, is selling the property for $7.5 million.

LAS VEGAS-With the real estate industry having missed out on Generation X, it is working hard to attract and retain Generation Y in the face of significant disconnects.

SOUTHLAKE, TX-Hines banks the largest undeveloped site in the city after nine months of talks with Newland Communities. A new name and new master plan are coming.

NEW YORK CITY-Sources confirm reports that Merrill Lynch is inches away from a deal with Vornado to build new in Midtown. It's not a prospect that makes the Downtown Alliance smile.

PHILADELPHIA-As contracts mount, Rotem USA exits its Navy Yard location for new expanded headquarters under a 20-year lease at 2400 Weccacoe Ave.

NEW YORK CITY-Manhattan's apartment rental market weakens for the first time in 2007 with one- and two-bedroom units in a doorman building showing the most significant decrease.