Owners Developers & Managers

Hidrock to convert 35 West 36th St. into office condos

Manhattan, NY According to Hidrock Properties, 35 West 36th St., a 12-story, 78,000 s/f office building located in Midtown’s Herald Sq. submarket, will be converted to office condos.

Vanbarton Group launches leasing at 380-unit Hollingsworth property

Manhattan, NY Vanbarton Group has launched leasing at Hollingsworth. Located at 70 West 37th St. at the corner of Sixth Ave. in Midtown, the 25-story rental building features a collection of 380 residences

SSRGA advises co-op/condo boards on smoke detector NY compliance

New York, NY As of April 1st, all smoke detecting alarm devices that are solely operated by battery power shall employ a non-removable, non-replaceable battery that powers the device

Nuveen Real Estate hires Phillips and Tilton as portfolio managers

New York, NY Nuveen Real Estate has hired two portfolio managers for its office and industrial sector strategies.  The new hires – Chad Phillips and Brian Tilton –report to Rahul Idnani, Nuveen Real Estate’s global COO and U.S. head of portfolio management.  

Madison Realty Capital developing 280,000 s/f Union Crossing project

Bronx, NY In September, The New York Times reported on the building boom in the South Bronx. Since then, developers have been flooding to the area, bringing about new residential

Orient Development’s Ammann receives TCO

Manhattan, NY The Ammann, a new condominium development at 40 Pinehurst Ave., on the corner of 179th St. in Hudson Heights, has received its Temporary Certificate of Occupancy (TCO), enabling buyers to close

Westchester IDA approves incentives for $95 million apartment project

White Plains, NY The Westchester County Industrial Development Agency (IDA) has approved resolutions of intent to provide financial incentives for a $95 million apartment complex to be built

What every commercial and residential real estate broker needs to know about property taxes - by David Wilkes

Real estate brokers – for both commercial and single-family residential properties – often regard property taxes as potential deal-killers for one of two reasons. In the first scenario, based on potential sale value,

New York City Green New Deal’s Greenhouse Gas Emissions Reduction Bill - by Jeff Rios and Charlie Marino

On Earth Day, NYC’s mayor’s office and city council unveiled NYC’s Green New Deal referred to as “The Climate Mobilization Act,” a package of bills to reduce NYC’s carbon emissions 40% by 2030 and 80% by 2050 (aka 80x50). 

“Biophilic Design: The Architecture of Life” – It’s a journey worth taking - by Steven Schleider

We did not coin the headline of this article. It’s the title of a brilliant documentary about the relationship between the natural world and built environment; how deprivation from being around nature negatively affects us; and how being around nature is beneficial to our health, state of mind and productivity.