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East Harlem Center for Living and Learning Breaks Ground

East Harlem Center for Living and Learning Breaks Ground

Ground has been broken on East Harlem Center for Living and Learning, a new 151,000-square-foot mixed-use development to offer 88 affordable apartments, a 58,000-square-foot K-8 charter school and more than 6,000 square feet of office space to be used by not-for-profit organizations.…

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Long Island City Building Gets $120M Financing; The Edge Is Top Selling Building in NYC

Long Island City Building Gets $120M Financing; The Edge Is Top Selling Building in NYC

By Veronica Grecu, Associate Editor One of the leading commercial real estate finance companies in the U.S., Walker & Dunlop LLC of Bethesda, Md., recently announced that it provided $120 million financing for a high-rise apartment building in Long Island City, N.Y. The financing team lead by Walker & Dunlop’s…

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Micro-Housing to Solve Apartment Crisis in NYC?

Micro-Housing to Solve Apartment Crisis in NYC?

The lack of inventory and skyrocketing rent prices have forced New Yorkers to reconsider their housing options or look for new solutions to transform their notoriously tiny apartments into multifunctional homes.…

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Brookfield Breaks Ground on $4.5 Billion Manhattan West Development

Brookfield Breaks Ground on $4.5 Billion Manhattan West Development

The first phase of Brookfield Office Properties’ newest and largest development project in New York City kicked off on January 15 with a groundbreaking event in the presence of Mayor Michael Bloomberg and other city and real estate officials.…

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Work Imminent on Mixed-Use Tower in Meatpacking District

Work Imminent on Mixed-Use Tower in Meatpacking District

Property Group Partners and landlord Romanoff Equities have joined forces to replace a former meat processing facility in New York’s Meatpacking District with a mixed-use complex that would stand as a prominent structure in the neighborhood. Designed by James Carpenter Design Associates architectural firm in cooperation with Gerner Kronick &…

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Developer Announces $67M Mixed-Income Rental Building in Greenpoint

Developer Announces $67M Mixed-Income Rental Building in Greenpoint

The Domain Companies, a real estate investment and development firm based in New Orleans, officially announced last week that it has secured financing of a new mixed-income development in Greenpoint, Brooklyn’s northernmost neighborhood, through a mix of loans at below-market interest rates from the New York City Housing Development Corporation…

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Onyx Equities Grabs Prominent Office Building; Avison Young Hires Tri-State Pharma Industry Expert

Onyx Equities Grabs Prominent Office Building; Avison Young Hires Tri-State Pharma Industry Expert

By Veronica Grecu, Associate Editor Onyx Equities LLC, a Woodbridge, N.J.-based private real estate investment, development and management firm, closed on one of Long Island’s largest office building sales of 2012. On December 19, Onyx completed the acquisition of Atria West—a 235,000-square-foot, Class A office building in the village of Garden…

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Avison Young Named Exclusive Leasing Agent for Prime Data Center, Hires Specialist in NY Office

Avison Young Named Exclusive Leasing Agent for Prime Data Center, Hires Specialist in NY Office

1547 Realty Partners, a company that was founded by industry professionals to invest in data center properties, has recently appointed Avison Young as the exclusive leasing agent for 1 Ramland Road, a state-of-the-art data center and disaster recovery facility in Orangeburg, N.Y.…

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Via Verde Affordable Housing in the Bronx Wins ULI Award Workforce Housing Model of Excellence

Via Verde Affordable Housing in the Bronx Wins ULI Award Workforce Housing Model of Excellence

An eco-friendly housing development in the Bronx is one of the three projects nationwide to receive the 2012 Jack Kemp Workforce Housing Model of Excellence Award from the Urban Land Institute (ULI).…

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JV Breaks Ground on $500M Luxury Residential Tower

JV Breaks Ground on $500M Luxury Residential Tower

Work has begun on a $500 million luxury apartment tower developed by a joint venture between local Zeckendorf Development LLC and Global Holdings Inc. Designed to become a prime international location by London-based architectural firm Foster + Partners, the 44-story tower will rise within the prestigious United Nations Plaza overlooking…

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$14M Supportive Housing Project for Veterans Opens in the Bronx

$14M Supportive Housing Project for Veterans Opens in the Bronx

A ribbon-cutting and recognition ceremony held on Nov. 8 marked the grand opening of Kingsbridge Terrace Veterans Residence—a six-story housing facility dedicated to New York City veterans who served in Iraq and Afghanistan, as well as for those struggling with homelessness and substance abuse.…

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LEED Gold Certification Awarded to Iconic Chrysler Building; LinkedIn Doubles Presence at Empire State Building

LEED Gold Certification Awarded to Iconic Chrysler Building; LinkedIn Doubles Presence at Empire State Building

The U.S. Green Building Council has awarded the LEED Gold-EBOM designation to New York City’s iconic Chrysler building. The certification comes one year after owner Tishman Speyer, a leading real estate development and investment company, embarked on a complex retrofit project at the skyscraper located on the east side of…

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