Subject: Northeast Regional Digest (NEDIG)
Residential Developer in Lead to Buy Boston’s Fan Pier Site
August 11, 2004 The Boston GlobeLennar Corp., one of the largest home builders in the country, is close to an agreement to buy the prized Fan Pier site on the South Boston Waterfront, several executives involved in the negotiations said ...
Related Begins Work on NYC Apartment Tower
August 10, 2004 New York PostRelated Cos. has broken ground for One Carnegie Hill, a 42-story apartment tower on East 96th Street between Second and Third avenues in Manhattan. Related bought a 99-year ground lease from the Islamic Cultural Center ...
Army Looking to Sell, Swap Old NY Base
August 6, 2004 NewsdayThe U.S. Army wants to make a deal with the Bellmore Logistics Activity facility, a 17-acre former military base in North Bellmore, N.Y. The Army wants to dispose of the property, which closed in January 1996, but ...
Developer Sought for Commercial Portion of New Penn Station in NYC
August 5, 2004 New York Daily NewsAfter 11 years of planning, the rebuilding of the James A. Farley Post Office as the new Penn Station is about to get underway. Empire State Development Corp., the state agency in charge of ...
SkyMark Holdings Gets $11.5Mln Loan for NJ Project
July 29, 2004 SkyMark Holdings Inc. has received an $11.5 million construction loan from Interchange Bank of Saddle Brook, N.J. The financing will allow the Hackensack, N.J., development firm to begin construction on East Crescent, an upscale 35-unit townhouse project ...
Developer Plans to Double Size of Cambridge, Mass., Campus
July 29, 2004 Boston HeraldThe Bulfinch Cos. wants to demolish the aging 1950s- and 1960s-era campus of defunct research firm Arthur D. Little in Cambridge, Mass., to make way for a giant laboratory development. The Needham, Mass., developer plans to ...
State Street, Manulife Pioneers in Expanding Boston Frontier
July 28, 2004 Boston HeraldState Street Corp. has begun moving its headquarters to State Street Financial Center, its new tower near South Station, and away from its traditional financial district bastion at 225 Franklin St., just off Post Office Square. ...
McCourt in Default on Small South Boston Site
July 28, 2004 Boston GlobeFrank H. McCourt Jr., who early this year bought the Los Angeles Dodgers for $430 million, is at least two months in default on a half-acre site in South Boston with an empty office building on ...
Bond Insurer to Move Midtown NYC Offices
July 27, 2004 New York Post (Third item)Financial Security Assurance is expanding by more than 30,000 square feet in midtown Manhattan. The bond insurer is moving to 110,380 square feet in former Deutsche Bank space at 31 W. 52nd St. ...
Cantor Fitzgerald Signs Lease for Permanent HQ in Midtown NYC
July 27, 2004 After a two-year search for a new headquarters, Cantor Fitzgerald has signed a lease at 110 E. 59th St., a midtown Manhattan office building that Bloomberg LP will soon be vacating. The bond trading firm and its ...
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