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Luxury Assisted Living Facility Opens in White Plains

Luxury Assisted Living Facility Opens in White Plains

A new luxury assisted living complex called The Bristal at White Plains celebrated its official grand opening last week during a ribbon-cutting ceremony that attracted over 200 Worcester County dignitaries, businesspersons and residents.…

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Brooklyn’s Gateway Elton Street Moves to Phase II

Brooklyn’s Gateway Elton Street Moves to Phase II

Two years after work started on Gateway Elton Street, a three-phase public/private green housing development in the Spring Creek neighborhood of Brooklyn, representatives of the NYC Department of Housing Preservation and Development (HPD) and the Hudson Companies , Related Companies, and CAMBA Housing Ventures gathered at the site to celebrate…

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Graffiti Landmark 5Pointz to Be Replaced by Residential Towers

Graffiti Landmark 5Pointz to Be Replaced by Residential Towers

Long Island City’s 5Pointz, a 90-year-old factory building that has been serving as an outdoor exhibit space for graffiti artists around the world, is slated for demolition as the property’s owners are seeking a special permit for a zoning variance that would allow them to replace the building with two…

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Morris Court to Bring 201 Affordable Units to the South Bronx

Morris Court to Bring 201 Affordable Units to the South Bronx

A full city block bound by 142nd Street, 143rd Street and Morris Avenue in the South Bronx is being transformed into a mixed-income residential complex as a joint venture of lead developers Azimuth Development Group, Best Development Group and the Upper Manhattan Development Corp, and general contractor Joy Construction Corp.…

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New Rental Buildings Headed For Williamsburg, Murray Hill

New Rental Buildings Headed For Williamsburg, Murray Hill

The Rabsky Group, a Brooklyn-based developer, is working on a mixed-use building located in Williamsburg at 146 South 4th Street, Buzz Buzz Home reports. Designed by Nataliya Donskoy of ND Architecture LLC, also of Brooklyn, the new brick, glass and steel building is set for completion in the 4th Quarter…

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Holiday Inn NYC – Lower East Side Opens at 150 Delancey Street

Holiday Inn NYC – Lower East Side Opens at 150 Delancey Street

By Veronica Grecu, Associate Editor The growing InterContinental Hotels Group (IHG) empire recently added a new facility to its New York City list of hotels with the opening of Holiday Inn NYC – Lower East Side at 150 Delancey St. Designed by architect Gene Kaufman, who has a long history…

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World’s Largest Data Center Opens in Manhattan

World’s Largest Data Center Opens in Manhattan

Sabey Data Center Properties, a Seattle-based multi-tenant data center owner that also specializes in computer infrastructure, has powered up the first phase of the largest and tallest data center in the world. The 32-story high-rise is located at 375 Pearl Street in Lower Manhattan in the formerly foreclosed Verizon Building,…

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Luxury Tower Under Construction Hits Market with One-third of Units Already Sold

Luxury Tower Under Construction Hits Market with One-third of Units Already Sold

An announcement made by the development team behind a much-anticipated residential tower in Midtown Manhattan shows once again that the luxury market in New York City is anything but boring these days.…

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Orbach Group Pays $70M for Manhattan Portfolio; Extell Sells Retail Condo at the International Gem Tower

Orbach Group Pays $70M for Manhattan Portfolio; Extell Sells Retail Condo at the International Gem Tower

The Orbach Group, a New York-based real estate management and investment company, has expanded its New York City apartment portfolio with three new acquisitions totaling around $70 million. The seller, Dermot Company, was represented in the transaction by Andrew Scandalios of HFF.…

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Construction Breaks Ground on 925-unit Multifamily Project in Long Island City

Construction Breaks Ground on 925-unit Multifamily Project in Long Island City

March 4 marked the official groundbreaking of the initial phase of Hunter’s Point South, the biggest affordable housing project in New York City in 40 years. A $332 million joint venture between Phipps Houses, Related Companies, and Monadnock Construction, the project is located on a 30-acre site on the Long…

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Harlem’s Victoria Theater to Be Reborn as Mixed-Use Cultural Venue

Harlem’s Victoria Theater to Be Reborn as Mixed-Use Cultural Venue

Harlem’s historic Victoria Theater on 125th Street will undergo a $142 million renovation spearheaded by Danforth Development Partners and Exact Capital.…

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Green Affordable Housing Building Opens in the Bronx

Green Affordable Housing Building Opens in the Bronx

A new low-income, eco-friendly residential building in the Bronx was officially opened on February 21 during a ribbon cutting ceremony hosted by the New York City Housing Authority (NYCHA). Located at 770 East 166th Street at Tinton Avenue in Morrisania, the nearly $38 million project was built by Blue…

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