Development - New York

  • JV Restructures Partnership for Brooklyn Redevelopment

    Greenland USA and Forest City Realty Trust reached an agreement to extend Greenland's ownership interest to 95 from 70 percent and decrease Forest City's interest to 5 from 30 percent for its Pacific Park Brooklyn mixed-use project.

    16 January 2018 18:15
  • Manhattan Conversion Project Lands $130M

    Eastern Consolidated arranged the construction loan on behalf of Delshah Capital for its adaptive reuse project, which will transform a medical facility into a luxury community in Morningside Heights.

    12 January 2018 17:31
  • Mortar Arch + Dev Nabs Brooklyn Development Site

    The developer plans to begin work on a new, five-story condo development at the Greenpoint site, beginning in the winter of 2018.

    21 December 2017 14:01
  • Heartstone Development JV Opens NJ Community

    Hidden Village in Aberdeen, N.J., features 200 rental units and a number of amenities, including a swimming pool, private garages for most units and a clubhouse.

    19 December 2017 15:04
  • Waterline Square Tops Out in Manhattan

    GID Development Group has celebrated the topping out of the 2.2 million-square-foot development. The three-tower building is scheduled to welcome its first buyers by the end of 2018.

    14 December 2017 18:22
  • Henley USA Acquires Queens Apartments for $23M

    The company plans to renovate the 56-unit property in Jackson Heights, including upgrades to the heating systems and updating common areas.

    13 December 2017 14:55
  • Jonathan Rose Begins Leasing Brooklyn Community

    Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.

    12 December 2017 17:20
  • Woodmont Breaks Ground on Luxury NJ Community

    Woodmont Bay Club Bayonne will comprise 220 units spanning four acres. Construction is slated for completion in the spring of 2019.

    11 December 2017 17:48
  • Brooklyn Development Lands $15M

    The bridge loan will finance a three-building development of residential units over street-level retail in an accessible part of the city’s Bedford-Stuyvesant neighborhood.

    08 December 2017 20:14
  • What Does De Blasio’s Re-Election Mean for NYC Affordable Housing?

    During his campaign, Mayor Bill de Blasio pledged to expand his focus on affordable housing. Standard Communities Co-Founders Scott Alter and Jeff Jaeger weigh in on how his re-election will impact affordable housing developers and renters.

    06 December 2017 14:18
  • Cammeby’s Completes Reno of Brooklyn Luxury Community

    Located in the borough's Brighton Beach neighborhood, the updated Shorecrest Towers at Trump Village includes a series of high-end unit upgrades and new lifestyle amenities.

    21 November 2017 14:23
  • Lightstone Completes Long Island City Development

    The 428-unit ARC features luxury amenities such as a salt-water pool, bocce courts and a greenhouse.

    09 November 2017 15:17
  • JV to Build 274 Affordable Units in Brooklyn

    HPD and HDC designated the joint venture between MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corp. to develop Chestnut Commons, which will be East New York’s largest affordable community.

    31 October 2017 13:49
  • Meridian Capital Arranges $50M Construction Loan

    SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.

    31 October 2017 01:58
  • LeFrak Completes $70M Reno of Queens Community

    The firm's five-year capital improvement program has come to an end, bringing the 4,600-unit, 20-building LeFrak City community to a new level with a series of infrastructure and amenity upgrades.

    10 October 2017 14:46