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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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Three Majestic Redevelopment Proposals Pitched for Grand Central Station’s Upcoming Centennial

Three Majestic Redevelopment Proposals Pitched for Grand Central Station’s Upcoming Centennial

One of New York City’s most iconic places, Grand Central Station—located at 42nd Street and Park Avenue in Midtown Manhattan, is just months away from celebrating its centennial. To honor this milestone and breathe new air into this historic area, the Municipal Art Society of New York (MAS) has invited…

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Times Square Prepares for New Hyatt Place; $16 Million Renovation Completed at Hilton Long Island

Times Square Prepares for New Hyatt Place; $16 Million Renovation Completed at Hilton Long Island

Developer 41st Midtown LLC has reached a management agreement with Stanford Hotels Corp., an affiliate of Chicago-based Hyatt Hotels Corporation, to build a new Hyatt Place hotel in New York’s vibrant Times Square and within walking distance of Avenue of the Americas, one of the densest office corridors in the…

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Lightstone Group Gets $51M Construction Loan for Upscale Multifamily Project in Queens

Lightstone Group Gets $51M Construction Loan for Upscale Multifamily Project in Queens

Manhattan-based development company The Lightstone Group, along with its branch Lightstone Value Plus Real Estate Investment Trust (LVPR), has recently closed a $51 million construction loan with the Canadian Imperial Bank of Commerce (CIBC) and plans to use the funds to create a multifamily complex in Queens Borough’s Long Island…

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