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Update: Vornado Realty Trust Sells Stake in Boston Site to Millennium Partners

Vornado Realty Trust, a popular commercial real estate manager and REIT based in the U.S. has sold its stake in a site in Downtown Crossing, a small shopping district of Boston to Millennium Partners, another prominent commercial property firm.

New York’s Rockaway Courthouse to be Converted into Medical Facility

New York’s long abandoned Rockaway Courthouse will reportedly be restored and converted into a medical facility. The New York City Economic Development Corporation and Mayor Michael Bloomberg announced in a press statement that they had selected a developer, The Harmony Group to undertake the redesigning project.

Annie Leibovitz West Compound Fails to Sell, Price Cut to $29 Million

Famous photographers Annie Leibovitz's West Village compound of three separate townhouses, which first hit the market in December, has now been relisted at $29 million, according to reports.