New York
Much-Needed Housing for Seniors and Low-Income Families Breaks Ground in South Queens
By Veronica Grecu, Associate Editor In an effort to revitalize a long-vacant site that’s part of the Brownfield cleanup program, the Arcker Cos. broke ground on two housing developments for seniors and low-income families in Richmond Hill. According to the Queens [...]…
Continue reading →Empire State Building Achieves LEED Gold Certification
By Veronica Grecu, Associate Editor Jones Lang LaSalle announced in an official statement this week that the U.S. Green Building Council has awarded a LEED Gold certification to the Empire State Building, as further recognition from the $550 million Empire State [...]…
Continue reading →$3M Renovation for Brooklyn’s Parkside Playground Begins
By Veronica Grecu, Associate Editor The long-awaited renovation project of Brooklyn’s historic Parkside Ave. finally started in the presence of members of the Flatbush community and city and state officials who attended the groundbreaking ceremony. The $3 million Parkside Playground project [...]…
Continue reading →Brooklyn Goes “Green” through Strategic Programs and Sustainable Developments
By Veronica Grecu, Associate Editor Three key Brooklyn communities enrolled in a three-year strategic program called “Brooklyn Greens” are planning several events and initiatives that would encourage young people, adults and community institutions to improve their local environment through energy-efficient actions. [...]…
Continue reading →Busy Week for Commercial Real Estate in New York City
By Veronica Grecu, Associate Editor The commercial real estate transactions cited by Citibizlist that were closed this week in New York City show signs of improvement in the market. The entire fourth floor of an office building located at 1150 Avenue of [...]…
Continue reading →Marriott International Announces Plans for Tallest Hotel in New York
By Veronica Grecu, Associate Editor One of the most daring real estate developments will take shape at 1717 Broadway at 54th Street in Manhattan. In an official statement released this week, global hotel chain Marriott International and Granite Broadway Development announced [...]…
Continue reading →Affordable Housing Escalates in New York Neighborhoods
By Veronica Grecu, Associate Editor New York’s affordable housing initiative has come a long way—with $1.3 billion invested in the plan and 15,827 units of affordable units financed for middle-class and low-income residents in Fiscal Year 2011, which ended on June [...]…
Continue reading →Lenox and LIC Residential Developments Return to Life
By Veronica Grecu, Associate Editor After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long [...]…
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