Property News

An office complex in Hackensack, N.J., hit hard by the financial crisis has been acquired by the family that developed the three buildings about a half-century ago.

High-rises, townhomes and a public river walk are planned for an undeveloped area south of Chicago's downtown Loop in a project breaking ground Monday, adding to a frenzy of construction along the waterway.

Frank Lowy and Larry Silverstein's interests were aligned when they bought the lower Manhattan complex, but they diverged during its rebuilding.