Northeast
Jasper Venture Group to Convert Queens Hospital to Condominiums
New York-based Jasper Venture Group has announced its plans to convert the vacant Parkway Hospital site in Queens’ Forest Hills neighborhood to luxury condominiums. The site features 107,142 square feet and a parking lot.
Home Properties Begins Major Energy Upgrade on NJ Property
Home Properties has hired Lapolla Industries Inc. to implement Lapolla’s Multi-Family Energy Savings Program at the REIT’s Jacob Ford Village in Morristown, N.J.
Carnegie Becomes a Certified B Corporation
Textile manufacturer Carnegie announced they have become a Certified B Corporation. B Corp certification is a rigorous third party assessment performed by the non-profit organization B Lab.
Greystone Launches Brooklyn Luxury Apartments
Greystone has launched Printhouse Lofts, a 36-unit luxury rental apartment building in Brooklyn’s Williamsburg neighborhood.
L+M Completes NJ TOD
Work has been completed on 50 & 55 South Essex Avenue in the City of Orange, a township in Essex County, N.J.
JV to Develop Mixed-Use Community in Coram, NY
The Long Island Regional Economic Development Council, Community Development Corporation of Long Island and Conifer Realty have joined forces to build Wincoram Commons, a mixed-use development to be comprised of 176 workforce rental homes and 13,300 square feet of commercial space on 17.65 acres in Coram, N.Y.
Stonehenge, SL Green Complete 1080 Amsterdam Renovation in NYC
Stonehenge Partners and SL Green Realty Corp. have opened 1080 Amsterdam, a rental apartment tower in the Morningside Heights neighborhood of Manhattan
Manhattan’s One Museum Mile Reaches Sell-Out
One Museum Mile, a condo development at 1280 Fifth Ave. on Central Park in Manhattan, has sold all of its units.
Garden Communities Begins Leasing at Woodcrest at Clark in Clark, N.J.
Garden Homes subsidiary Garden Communities has announced the opening of the first of four apartment buildings in the company’s active adult community Woodcrest at Clark.
TODAY’S DEALS: Eastern Union Funding Closes $46.57M Construction Loan for South Jersey Townhomes
Investors Bank will provide a $40 million construction loan with a $6.57 million earn-out for The Avery, a 450-unit townhome project; and BMC Capital provides a $1.32 million cash-out refinance loan for a student-housing property.