Xenia also reported on Wednesday it had purchased The Ritz-Carlton Pentagon City, a 365-room luxury hotel in Arlington, VA for $105 million, or approximately $287,670 per key.

Manhattan posted 9.48 million square feet of leasing activity in the third quarter, which was 10.6% higher than volume registered in the second quarter and 15.1% more than deals closed in the third quarter of 2016.

In connection with the Newmark Holdings rebranding, Jeffrey Gural will step down as chairman of Newmark Knight Frank and become chairman emeritus, while maintaining his position as chairman of the Gural family's GFP Real Estate.

In exchange for incentives, Charter Communications has committed to add more than 1,000 jobs in Connecticut and invest $100 million in the state over the next seven years.

A total of 51% of the new lease transactions in Westchester County involved businesses in the health care or legal sectors. The largest deal in the third quarter was Montefiore Hospitals' renewal and expansion at South Westchester Executive Park in Yonkers for 281,497 square feet.

A report on the single-family rental home market released on Monday by Amherst Capital Management LLC indicates that institutional ownership of single-family rental homes surpassed 200,000 units in 2016.

The implosion process called “energetic felling” was part of the $873 million Kosciuszko Bridge project, which is replacing the former 78-year-old bridge with two new state-of-the-art, cable-stayed bridges.

The eight-story steel and glass facility will include an Advanced Imaging Center, Ambulatory Surgery Center and Heart and Vascular Institute, in addition to a 20,000-square-foot expansion of private rooms for the medical center and 75,000 additional square feet for physicians' offices.