Northeast
HAP Investments Buys Site for Condos in Manhattan
HAP Investments, a New York-based real estate investment and development company, has acquired a development site at 215-219 West 28th St. in Manhattan for $51 million. The site comes along with adjacent air rights.
53 Broadway Thriving in Brooklyn’s South Williamsburg Neighborhood
New York developer Adam America, in partnership with The Horizon Group, is reveling in the success of its new 53 Broadway community in Brooklyn’s South Williamsburg neighborhood after nearly two-thirds of the building’s apartments were leased in its first three weeks on the market.
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ground on Schoolhouse Terrace at Croton Heights, a 172,000-square-foot, mixed-income development that will replace outdated public housing in Yonkers, N.Y.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.