Northeast

KGD Architecture Elevates Henry Mahns and Tom Donaghy to Principals

Principals Ben Kishimoto, AIA, NCARB, LEED AP; Chris Gordon AIA, NCARB and Manoj Dalaya, AIA, AICP are announced the elevation of Henry Mahns, AIA and Tom Donaghy, AIA, LEED AP to principals at KGD Architecture.

GFI Realty Named Exclusive Agent for Site on ‘Legendary’ Bed-Stuy Retail Street

GFI Realty Services has been named exclusive sales agent for 1425 Fulton Street in Brooklyn. The site is located in the resurgent Bedford-Stuyvesant area, the busiest development neighborhood in Brooklyn.

The Brodsky Organization Tops Off Residences at the Cathedral

One of New York City’s premier developers, owners and managers of residential and commercial properties topped out its two newest rental towers.

EDR Appoints New Chief Operating Officer

EDR announced that Dan Gottlieb has joined EDR as chief operating officer. In his role at EDR, Dan will be involved in the strategic growth and expansion of the business.

Modern Spaces Named Leasing Agent for Astoria’s Newest Development

Tsilo Group has a new residential project coming to Astoria, Queens, and has chosen leading brokerage firm Modern Spaces as the exclusive leasing and marketing agent.

Adjacent Brooklyn Buildings Net Record Sale Price

A pair of adjacent apartment buildings in the Kensington section of Brooklyn have sold for a combined $10.33 million, GFI Realty Services announced.

Wayne Everett Joins Pennrose Properties as Director of Asset Management

Wayne Everett has joined Pennrose Properties LLC as director of asset management, a new position for the organization.

Manhattan’s Newest, Hottest Condo Market Revealed

Manhattan real estate prices are at an all-time high, with a great number of new luxury residences hitting the market each year.

CPC Helps Keep NYC Community Affordable

With funding through Freddie Mac, Community Preservation Corporation has closed on a $40 million loan for the refinancing of Cathedral Parkway Towers. Refinancing helps prevent otherwise unavoidable rent increases that would have resulted from escalating operating costs at the 309-unit Mitchell-Lama project on West 110th Street in New York City.

High-Tech Luxury Living Launches in the Heart of Philadelphia

The new heart of Center City living is officially open for leasing.