BOSTON-The real estate investment manager bought the two adjoining Back Bay offices for $87.1 million. Together the properties, bought on behalf of a separate account client, total 184,222 square feet.

NEW YORK CITY-The New York Building Congress analyzed construction start data for 2011 and found a 31% decline, compared to the previous year. This was due to a decline in the non-residential sector, though the public sector saw a dip as well.

ISLAND PARK, NY-King Kullen supermarket will anchor the center, located at 80 Waterfront Blvd. Sabre Real Estate Group, which is marketing the property, tells GlobeSt.com that the area lacks retail and boasts strong demographics.

NEW YORK CITY-The Real Estate Board of New York’s Fourth Quarter 2011 Residential Sales Report show a stabilizing New York City housing market, REBNY’s Mike Slattery tells GlobeSt.com’s Carl Gaines.

NEW YORK CITY-US Senator Charles Schumer and other elected officials gathered Friday afternoon at the Brooklyn Navy Yard to celebrate the official transfer of the Admirals Row site from the Federal government to New York City.

NEW YORK CITY-The company has arranged the recapitalization of the 160,000-square-foot Midtown building.

NEW YORK CITY-Most respondents to the latest GlobeSt.com poll are lukewarm on the governor’s plan to redevelop the Javits Center land in lieu of a convention center at Aqueduct. The RPA’s Hope Cohen points out that tearing down Javits is just one piece of the puzzle.

NEW YORK CITY-TBWA Worldwide, an advertising agency, has renewed for 107,308 square feet of space at the Feil Organization’s 488 Madison Ave., a landmarked tower overlooking St. Patrick’s Cathedral.