NEW YORK CITY-To feed both its real estate and consumer businesses, locally based Credit Suisse acquires a finance company specializing in acquiring and syndicating tax credits.

BROOKLYN, NY-A local developer picks up a three-acre property for $8.8 million. SSJ Development plans a townhouse development costing approximately $30 million along the waterfront here.

NEW YORK CITY-Globally, valuation takes a more important role in the dealmaking process. CBRE sees its valuation practice grow from a few dozen appraisers to a worldwide effort.

LONG ISLAND, NY-Leasing tapers off a bit, yet many spaces are still able to command higher asking rents. Sources say there will be a number of large deals down the road. Additionally developers are beginning a number of spec projects here.

NEW YORK CITY-Local financier Sonnenblick Goldman forms a subsidiary to deal with securities issues. The firm will provide placement agent services for investment funds as well as become more involved in securities-based products.

NEW YORK CITY-Vornado officials detail plans for the Moynihan station project and for their possible international ventures. The firm is also concentrating efforts in its DC-area portfolio.

NEW YORK CITY-Leasing and investment activity here and across the world carries differences and similarities. Cushman & Wakefield execs discussed the global marketplace during a forum here.

NEW YORK CITY-In a private transaction, Boston Properties buys Allied Partner's interest in Citigroup Center. The pair acquired the site in 2001. Allied officials say they wanted to take advantage of the appreciation of trophy properties.