NEW YORK CITY—The project has been named “Red Hoek Point” in deference to the area's early Dutch settlers who named the peninsula “Roode Hoek” for its rich red soil and hook-shaped land mass.

BOSTON—The expected total project budget for the Terminal B improvements is currently estimated at $180 million. The partial project budget of $45 million was approved at the Massport board meeting last Thursday.

GREENBURGH, NY—If the expansion project were fully built-out it would double Regeneron's Westchester workforce, or result in 2,500 new jobs.

BOSTON—“One Bowdoin Square represents an excellent opportunity to invest in a quality asset in Boston's Government Center and North Station neighborhoods,” says Steven Osborne, senior director at New York Life Real Estate Investors.

CAMBRIDGE, MA—In another piece of heartening industry news, Belgian health tech company icometrix, which opened a subsidiary in Cambridge earlier this year, secured a significant milestone for its software technology.

NEW YORK CITY—“Daniel has an impressive background in representing institutions and funds in a wide range of real estate acquisitions and financings,” says Keith Pattiz, head of McDermott's real estate practice.

BOSTON—"Boston is growing faster than at any time in the last 50 years, and we need to make sure that anyone who wants to help make our city better can afford to live here," says Mayor Walsh.

BOSTON—The deal includes a loan from AIG and mezzanine debt from JP Morgan Asset Management.