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201 New Affordable Apartments in the Bronx Officially Open

201 New Affordable Apartments in the Bronx Officially Open

The official grand opening of new affordable apartments in the Bronx was celebrated with a ribbon-cutting ceremony.…

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Proposed Superskinny Tower in Midtown East Boasts Unique, Full-Floor Green Spaces

Proposed Superskinny Tower in Midtown East Boasts Unique, Full-Floor Green Spaces

As New York City is running out of buildable space, “superskinny” or “pencil” structures are becoming more and more popular when it comes to new construction projects.…

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Luxury Rental Tower with Swimming Pool Underway in Murray Hill

Luxury Rental Tower with Swimming Pool Underway in Murray Hill

A new luxury residential tower is under construction in Manhattan’s Murray Hill neighborhood, where a six-story Hertz parking garage used to be.…

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Victor Group and Lend Lease Team Up on Manhattan Condominium Building

Victor Group and Lend Lease Team Up on Manhattan Condominium Building

Victor Group announced it paired up with Lend Lease to develop a residential project at 281 Fifth Ave. in Manhattan.…

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Major Celebration as Residents Return to Renovated Apartments in Formerly Hazardous Building

Major Celebration as Residents Return to Renovated Apartments in Formerly Hazardous Building

An infamous Inwood, N.Y., building was severely destroyed and at risk of collapsing. As of Thursday, the major rehabilitation of 552 Academy Street in Inwood was officially completed. …

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Ideal Properties Unveils 784 Park Ave For $6.29M

Ideal Properties Unveils 784 Park Ave For $6.29M

Located in the center of the Upper East Side in New York, the four-bedroom, four-and-a-half bathroom luxury apartment is situated in the 1930 prewar building.…

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Low-Income Affordable Housing Project Underway in Brooklyn

Low-Income Affordable Housing Project Underway in Brooklyn

Work is now underway on a new supportive housing development in Brooklyn’s Ocean Hill neighborhood.…

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LeFrak Celebrates Major Milestone in Ongoing Capital Improvement Program

LeFrak Celebrates Major Milestone in Ongoing Capital Improvement Program

The West Courtyard facility, located at the corner of Junction Boulevard and 57th Ave. in New York, is officially opened.…

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BDG Enters the Bronx with 40KSF Retail Complex

BDG Enters the Bronx with 40KSF Retail Complex

The bland corner of Southern Blvd. and Hunts Point Ave. in the Bronx is set for a complex makeover project that will add a new urban retail center in the borough.…

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TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M

TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M

Kushner Companies closes on the acquisition of a 16-building, 291-unit portfolio of Manhattan and Brooklyn multifamily walk-up properties; and HFF secures financing for a property near the University of Houston. …

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New Partnership Investing $20M in Affordable Housing in California

New Partnership Investing $20M in Affordable Housing in California

The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.…

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IHG, Sam Chang Continue New York City’s Hotel Glut

IHG, Sam Chang Continue New York City’s Hotel Glut

By Veronica Grecu, Associate Editor There’s a plethora of hotels in New York, but the city’s robust hospitality market will always make room for more. A new Crowne Plaza is scheduled to open in Midtown Manhattan in 2017, InterContinental Hotels Group (IHG) announced last week. Owned by LRR Holdings, LLC—a…

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