Owners Developers & Managers

TF Cornerstone inks two nail
salon leases totaling 3,184 s/f

Manhattan NY Real estate development firm TF Cornerstone (TFC) has inked a new lease signing with sundays Studio, a high-end salon that specializes in non-toxic nail care and self-care experiences, at the ground floor of Malt Dr.’s North Tower in Long Island City.

The Dermot Company with PGGM
acquires 767-unit luxury residence

Manhattan, NY The Dermot Company (Dermot), a vertically integrated, multifamily investment manager, owner, and operator of high-quality communities, in partnership with Dutch pension fund service provider PGGM, has acquired 20 Exchange Pl., a 767-unit, 57-story

Brookfield Properties takes on transformative
repositioning project at One Liberty Plaza

Manhattan, NY Brookfield Properties has commenced a transformative repositioning project to modernize the lobbies at One Liberty Plaza. This major capital investment in the property comes on the heels of Brookfield Asset Management securing a $750 million refinancing at the 2.3 million s/f class A commercial skyscraper.

Aarons of AFD Contract Furniture to join CoreNet’s ERS Host Committee

Manhattan, NY AFD Contract Furniture’s (AFD) CEO, David Aarons, has been invited to serve on the Host Commitee for CoreNet Global’s 2025 Eastern Regional Symposium (ERS) in New York City. Taking place June 2025, the event is typically attended by over 400 real estate professionals.

Decoding “City of Yes for Economic Opportunity” - by Juan Gomez

New York is a fast-paced city, but it’s zoning regulations are still stuck in the last century. However, a recently approved zoning initiative might soon change that. As of June 2024, businesses can operate on upper floors, corner stores can open on residential blocks, and life science research facilities are permitted in all commercial districts – but these are just a few of the many changes

BREV, PCD Development, and Hines
maintain strong sales at The Daymark

Sleepy Hollow, NY The Daymark, a premier collection of waterfront condominium residences, has maintained sales momentum, securing ten new contracts over the summer. Rising along the Hudson River within the award-winning Edge-on-Hudson mixed-use community, The Daymark presents a opportunity to experience a lifestyle that integrates nature with modern living.

Solar Landscape enters partnership with National Storage Affiliates Trust

New York, NY National Storage Affiliates Trust (NSA) and Solar Landscape have entered into an agreement to pursue the installation of new solar capacity on rooftops across the NSA’s properties nationwide. NSA and Solar Landscape plan to develop at least 100 megawatts of solar capacity, which represents 8.5 million s/f of rooftop space.

Featured Property: The Lincoln Park Development
transforms downtown New Rochelle

New Rochelle, NY The recently completed Lincoln Park Development sets a new direction for the future of downtown New Rochelle and serves as an example of the transformative power of architecture to revitalize urban spaces and support community growth. The development is the actualization of a decade long effort for the city.

SL Green Realty’s Giorgio Armani Residences 100% sold

Manhattan, NY According to SL Green Realty Corp., Giorgio Armani Residences on the Upper East Side have sold out. All 10 residential units within the luxury condominium project are now under contract for gross consideration totaling $168.2 million. The sales are expected to close in the fourth quarter of 2024. 

Domain Companies, VOREA Group, Silverstein Properties and Cantor Fitzgerald L.P. launch affordable housing lottery in Gowanus

Brooklyn, NY The Domain Companies, VOREA Group, Silverstein Properties and Cantor Fitzgerald, L.P. launched a lottery for the affordable apartments at 420 Carroll, the first building developed through the 2021 Gowanus Neighborhood Rezoning. The lottery is for 90 homes reserved for families between 40 and 100% of the area median income, which is 25% of the total 360 apartments in the development.