NEW YORK CITY-Month after month, things are looking better on the national employment scene and jobs in the real estate sector are also becoming more plentiful. The local employment situation is lagging behind somewhat.

NEW YORK CITY-Just seven months after fetching $63 million, Penncom Plaza trades again but this time for $91 million.

NEW YORK CITY-The fashion company, which last month inked a deal for more than 275,000 sf of headquarters space in Midtown South, sets its sights on retail space in Times Square. The company intends to construct a "lifestyle destination" spot.

WORCESTER, MA-A first-time joint venture between Callahan and Abrams anticipates constructing 97 luxury condominiums in a 160,000-sf historic mill site. The project is just one of $2 billion worth of initiatives in this area.

DOVER, MA-Boston College signed an agreement in principal to purchase the St. Stephen's Priory here. A source close to the deal says the 78.5-acre site sold for approximately $16.5 million.

BROOKLYN, NY-The signing of 422,300 sf in industrial deals over the past few months, stands as proof positive to the city that more space is needed at the Brooklyn Navy Yard. An expansion effort is expected to generate as many as 800 jobs.

BOSTON-Area officials predict the restoration of a lavish opera house will keep the momentum rolling on a revitalization of the adjoining neighborhoods.

NEW YORK CITY-Freedom Tower architect Studio Daniel Libeskind has taken a pay issue to court, filing a suit against Silverstein Properties for $800,000 in back pay for work on the World Trade Center rebuilding effort.