The Cincinnati region's largest retail center, Forest Fair Village, has been placed on the market. The more than 2-million-square-foot complex, owned by World Properties, has been listed for $45 million.
A worldwide team of cyberthieves stole $45 million from ATMs in dozens of cities over seven months. Details of the first-of-its-kind, high-tech robbery became public when prosecutors unsealed an indictment against eight men accused of carrying out the portion of the attack in the New York City area. "This was a 21st-century bank heist that reached through the Internet and spanned the globe," said Loretta Lynch, U.S. attorney for the Eastern District of New York.
Vornado Realty Trust has sold its 50% share of a building in the Downtown Crossing district of Boston to Millennium Partners, according to sources. The REIT reported receiving net proceeds of $45 million for the sale.