WHITE PLAINS-The Seltzer Group of New York City has paid $3.8 million for a small parcel of land in downtown White Plains and plans to build a $30-million rental housing development there.

WHITE PLAINS-The Seltzer Group of New York City has paid $3.8 million for a small parcel of land in downtown White Plains and plans to build a $30-million rental housing development there.

GREENWICH, CT-Amaranth Advisors, LLC a newly formed hedge fund, has signed a 19,758-sf sublease deal at the Greenwich American Center here.

PELHAM MANOR, NY-Discount retailer A.J. Wright has taken occupancy of a 23,813-sf store at Pelham Plaza, a large community shopping center located near the Westchester-Bronx border, according to Levin Management Corp., which brokered the deal.

NEW HAVEN, CT-While Fairfield County and its environs have seen their office vacancies rise dramatically after Sept. 11, the New Haven County office market has shown resiliency and has so far held its own during the current economic downturn.

WHITE PLAINS-New York Presbyterian Hospital believes that New York State and Westchester County, in particular, need to develop a strategy to promote biotechnology development as one means of advancing economic recovery in the New York metro area.

ELMSFORD, NY-Chief Economist to Governor George Pataki, Stephen Kagann says the suburban New York economy is now on the rebound. However, his outlook for New York City is that a recovery is at least a year away.

POUGHKEEPSIE-New York Governor George Pataki pulled the switch on Monday to light the vintage 1931 marquee symbolizing the completion of the current $1.4 million renovation program at the historic Bardavon Opera House here, which first opened in 1869.