In conjunction with the bankruptcy filing, the internally-managed REIT reports it has entered a stalking horse equity and asset purchase agreement with an entity owned by funds managed by affiliates of Fortress Investment Group of New York City with a bid of $174.4 million.

The mayor in her address outlined her administration's efforts to identify more than $100 million in savings and efficiencies over the first 100 days and the work that remains to balance next year's budget.

"Over the last decade, the environmental remediation industry has learned a lot about what SRRA covers and where it fell short," Richardson said. "This update to the legislation dots the i's and crosses the t's, directly pulled from our lived experience with the requirements."

MTB AMG is using the funding to relocate the company's headquarters and 160 jobs from Brooklyn to Newark.

The county acquired the two buildings that are connected by a walkway bridge over University Avenue for $26 million. Located in Newark's downtown, the complex is located across the street from the Historic Essex County Courthouse.

The lease renewal was signed with building owner Denholtz Properties, which moved its headquarters to the nearly 31,000-square-foot boutique office building earlier this year.

"We applied our proven value add capital program in full force to reintroduce River North Park to the Chicago market," says Lela Cirjakovic, executive vice president of operations at Waterton.

The joint venture partnership says it will embark on a multi-million-dollar repositioning of the property. Keystone reports that it will also relocate its headquarters, currently located at SORA East in Downtown Conshohocken, to the office complex.