NEW YORK CITY-Formation of the group coincides with Mo Vaughn's successful bid for the debt on a neglected 14-building South Bronx portfolio.

NEW YORK CITY-Formation of the group coincides with Mo Vaughn's successful bid for the debt on a neglected 14-building South Bronx portfolio.

NEW YORK CITY-The Rose Urban Green Fund will use its allocation through the New Markets Tax Credit program to help generate projects in low-income areas.

NEW YORK CITY-The two-year non-recourse loan to locally based Chetrit and Read Property will go toward purchasing 138 residential units at a busted Florida condo project.

NEW YORK CITY-The largest union of the city's uniformed police will house its executive offices within Mack-Cali's share of 125 Broad St.

NEW YORK CITY-The 14-story, $259-million replacement for a classroom building that was heavily damaged on 9/11 is expected to open in 2012.

NEW YORK CITY-Total size of the three deals at Monday Properties' 1.4-million-square-foot tower is more than 50,000 square feet.

NEW YORK CITY-The New York Fed will test tri-party reverse repurchase agreements 'to ensure operational readiness' if the Federal Open Market Committee decides to use them.