Northeast

Three Promoted to Senior Vice President at FirstService Residential

First Service Residential, previously known as Cooper Square Realty, announced that Steven Hirsch, Marc Kotler and Tom Padilla have been promoted to the position of senior vice president.

MAP Breaks Ground on Mixed-Income Development in Yonkers

Magnusson Architecture and Planning has broken ground on Schoolhouse Terrace at Croton Heights, a 172,000-square-foot, mixed-income development that will replace outdated public housing in Yonkers, N.Y.

Sustainable Mixed-Use Building Nearly Complete in Brooklyn’s Brighton Beach Neighborhood

Construction is nearly complete on Bright ‘n Green’s fully-sustainable, six-unit, mixed use community in Brooklyn’s Brighton Beach neighborhood.

Related Companies Names Philippe Visser SVP of Development

Related Companies today announced that Philippe Visser will join Related and the Hudson Yards development team as senior vice president of development.

Related Cos. Kicks Off Condo Sales at NYC Multifamily Tower

Related Sales, a division of Related Cos., has started offering the condo units at One Madison, a 53-unit tower overlooking Madison Square Park in Manhattan. At 60 stories, the slender glass tower offers views of the city and its surrounding waterways.

Duravit Announces Designer Dream Bath Competition

Duravit launched its first ever North American design competition: the Duravit Designer Dream Bath Competition.

NYC Falls Behind Tokyo in Residential Investment Value: Study of Top Global Cities

Residential rental growth in the world’s leading cities outperformed office rents in the first half of 2013, making residential real estate look a viable investment asset class, according to international real estate advisor Savills.

Transwestern to Establish Major Presence in Boston with Acquisition of Richards Barry Joyce & Partners

Transwestern’s Houston headquarters announced it is acquiring Richards Barry Joyce & Partners LLC (RBJ), a full-service real estate firm based in Boston. Establishing its 34th U.S. office, Transwestern achieves a significant presence in the Boston market.

Cantor-Pecorella to Sell Historic NYC Building-Turned-Condos

Rutherford Place at Stuyvesant Square, which is listed on the National Register of Historic Places, is being transformed into 78 one-of-a-kind, new condominium homes that are being sold by Cantor-Pecorella, the building’s exclusive sales and marketing firm.

Arker Cos. Acquires Affordable Apartments on Staten Island for $27M

Two affordable housing properties in the New York borough of Staten Island have traded hands for a combined total of $27 million.