Restoration and St. Nicks Alliance break ground on Dekalb Commons, affordable housing development

Brooklyn, NY Bedford Stuyvesant Restoration Corp. (Restoration) and St. Nicks Alliance (St. Nicks) celebrated the groundbreaking of Dekalb Commons, three new 100% affordable housing developments. The development includes 652 Dekalb Ave., 639 Dekalb Ave. and 1187 Fulton St. Special guests in attendance included council member Chi Ossé, assembly Member Stefani Zinerman and Assembly member Phara Souffrant Forrest.

New York City mandatory parapet inspections starting January 1, 2024 - by Joe DiPompeo

To ensure the safety and longevity of these structures, and the safety of the public on the street, New York City has introduced a new mandate.  Starting on January 1, 2024, all buildings in NYC with parapets facing the public right-of-way, regardless of height, must undergo an annual inspection. This initiative is a significant step toward maintaining the city’s architectural integrity and ensuring the safety of its residents and visitors.

Property of the Month: Morgan North - the redevelopment and adaptive reuse of the largest USPS postal distribution center in NYC

Manhattan, NY The expansive, 645,000 s/f Morgan North redevelopment by Tishman Speyer transforms what was once New York City’s largest postal distribution center into a multi-use, sustainable property housing creative office space, a multilevel rooftop park and street-level retail. Located at 351 9^th Ave., the body of the building encompasses an entire city block between 9th and 10^th Aves. from

Why New York property managers shouldn’t settle on software - by Anthony Vendittoli

Venator Advisors is a property management consultancy that specializes in the implementation of real estate technology. We’re based in New York and New Jersey but have clients across the country. While some businesses haven’t fully caught on yet, automation has changed the game, and basic accounting software simply won’t cut it in the real estate industry anymore.

A pivotal period for geothermal energy – with New York City leading the way - by Charles Copeland and Tristan Schwartzman

Recent extreme weather – and related environmental conditions – has made the need to address climate change more inescapable than ever. From the immediate devastation of wildfires to the reduced air quality of their far-reaching smoke plumes to the relentlessness of heat domes and flash flooding, the case for reducing carbon emissions is irrefutable. 

Standard Communities expands offices and staff due to progressive growth of the company

Manhattan, NY Standard Communities, a national affordable housing developer and investor, has expanded its principal offices and added staff reflecting a growing business. “We have applied productive strategies, with acquisitions and ground-up development, to extend our successful track record in a challenging environment,” said Scott Alter

Ginsburg Development opens second phase of leasing at Admirals Cove development

Haverstraw, NY Building on the resounding success of the first phase of leasing at the Admirals Cove luxury development, Ginsburg Development Companies (GDC) has opened the second phase of apartments at the waterfront community. Set on a peninsula with water on three sides and a private marina, the second phase of Admirals Cove features two four-story buildings with a total of 58 one-, two-, and three-bedroom apartments.

MHCM hires Wisniewski as project manager

Poughkeepsie, NY Mid Hudson Construction Management (MHCM) has hired Kyle Wisniewski to its team of dedicated construction professionals as a project manager. In this role, Wisniewski is responsible for estimating job costs, subcontractor buyouts, scheduling and purchasing, and having a constant construction interface, leading to relationships with owners leaving them satisfied while ensuring projects are completed on time and on budget.  

MAG Partners, Safanad and Penn South break ground on 200,000 s/f mixed-use project

Manhattan, NY MAG Partners broke ground on their 188-unit, mixed-use project at 335 Eighth Ave. in partnership with Penn South (also known as Mutual Redevelopment Houses, Inc.). Dignitaries including council member Erik Bottcher, helped to mark the occasion. Thirty percent of the new building’s units will be reserved for low- and middle-income residents under the Affordable NY Program.

TFC and Culture Lab unveil sculpture garden at Hunter's Point South

Queens, NY TF Cornerstone (TFC) and Culture Lab LIC hosted a grand reveal at the Hunter’s Point South waterfront of the new sculpture garden, situated between 5203 and 5241 Center Blvd. The three sculptures were created by New York artists Kenny Greenberg, Paul Maus and Erwin List Sanchez, who were selected through a 2022 open call for public outdoor sculptures.