BXP sold an equity stake in its 343 Madison Avenue office tower, a financing move that doesn't change the construction timeline but signals how the firm is funding a project already on our board. therealdeal.com
Developer Goose closed a $143 million construction loan for the long-contested Arrow Linen site, clearing a financing hurdle for a project neighbors have fought for years. therealdeal.com
The City Council's COPA land-use reform bill heads to a committee vote with new industry-requested tweaks, a step closer to changing how projects clear city approval. therealdeal.com
Engineers are straightening the nearly-collapsed Pfizer Building in Dumbo in increments as small as 1/64th of an inch, a remediation approach worth watching for any contractor doing structural stabilization work. gothamist.com