Northeast
Robert Ross Joins GFI Capital Resources Group as Chief Technology Officer
GFI Capital Resources Group, a provider of diversified real estate and insurance services, announced that 15-year industry veteran Robert Ross, has joined the company as chief technology officer.
Dranoff Properties Developing Philadelphia Mixed-Use Property
Dranoff Properties is developing Southstar Lofts, a new multifamily mixed-use property located on Philadelphia’s main transit artery, South Broad Street.
Tribeca’s Tallest Building Ever Being Developed
Alexico Group LLC and Hines, in partnership with Dune Real Estate Partners LP and funds managed by Goldman Sachs, is developing 56 Leonard, which at 830-feet high will be the tallest building ever built in New York City’s popular Tribeca neighborhood.
Highrise Apartment Rising in Boston
Work is under way on 120 Kingston St. between the Chinatown neighborhood and Leather District of Boston, which will be a residential and retail building on the site of the former Dainty Dot building.
Citi Provides $250M Financing for New York Affordable Housing
The Community Preservation Corp. has secured $250 million in financing from Citi for the construction, rehab and preservation of affordable housing in New York (state and city).
Monadnock Breaks Ground on Largest Affordable Community in Long Island City Development
The largest affordable housing community to be developed in New York City in more than 30 years has broken ground at Hunter’s Point South in Long Island City.
SPECIAL REPORT: Knakal Says New York City Sales Market is ‘Phenomenal,’ Land Prices ‘On Fire’
Robert Knakal, chairman of Massey Knakal Realty Services, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates lead to real estate bubbles.
ChargePoint Partners with NYSERDA to Install More than 80 Electric Vehicle Charging Stations in New York
ChargePoint recently installed an electric vehicle charging station at the Solaire, a multifamily community in Battery Park City in Manhattan. This installation marks the first of more than 80 planned EV charging stations throughout New York.
Pennrose and Blue Sea to Redevelop Prospect Plaza
The New York City Housing Authority and New York City Housing Preservation and Development have tapped Pennrose, a multifamily specialist based in Philadelphia, to be a co-developer on Brooklyn’s Prospect Plaza redevelopment.
Arbor Appoints Todd Hirsch Executive Vice President, Head of CMBS Finance and Distribution
Arbor Commercial Mortgage LLC (Arbor) today announced the appointment of Todd Hirsch as executive vice president, head of CMBS Finance and Distribution.