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The NRP Group, in partnership with RPW Group, complete 200-unit luxury apartment community - One Webb Ave.
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The NRP Group, in partnership with RPW Group, complete 200-unit luxury apartment community - One Webb Ave.

Harrison, NY The NRP Group, in partnership with RPW Group, has completed and opened One Webb Ave., a 200-unit luxury multifamily community. Designed with sustainability, wellness and connectivity in mind, One Webb Ave. offers residents a high-quality living experience in one of Westchester County’s most desirable communities.
Global Holdings signs Cerity Partners to 68,271 s/f lease with expansion at 99 Park Avenue
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Global Holdings signs Cerity Partners to 68,271 s/f lease with expansion at 99 Park Avenue

Manhattan, NY According to Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, Cerity Partners LLC, a national wealth management and financial advisory firm, has expanded its headquarters at 99 Park Ave.
Officials celebrate groundbreaking of $167 million Chelsea Beacon redevelopment Manhattan
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Officials celebrate groundbreaking of $167 million Chelsea Beacon redevelopment Manhattan

Manhattan, NY Governor Kathy Hochul celebrated the official groundbreaking of Chelsea Beacon, a more than $167 million redevelopment that will transform the long-vacant, state-owned former Bayview Correctional Facility at 550 West 20th St. in the West Chelsea neighborhood.
L&L Infinite acquires 575,254 s/f 600 Third Avenue office tower for $245 million
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L&L Infinite acquires 575,254 s/f 600 Third Ave. office tower for $245 million

Manhattan, NY L&L Infinite has completed the acquisition of 600 Third Ave., a fully-modernized, 42-story 575,254 s/f office tower in the city’s Grand Central district. L&L Infinite is joined in the new joint venture by affiliates of Mack Real Estate Group, BLDG and BD Blakely, replacing L&L Holding and an institutional investor in a transaction that values 600 Third Ave. at $245 million.

NYREJ's 2026 Developing Long Island Spotlight is here!

This spotlight showcases projects completed and currently under construction across Long Island as well as highlights improvements made to the region through Industrial and Economic Development Agencies and BIDs. 
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Buttonwood Development and Wheelhouse Property unveil first look of London Clay Townhouse at 32 East 22nd St.

Manhattan, NY Developers and investors Andrew Heiberger of Buttonwood Development and Howard Lev of Wheelhouse Property, introduced the first look at London Clay Townhouse, a boutique collection of three private residences within a coveted, extra-wide townhouse situated on a tree-lined street on East 22nd in the Flatiron District, positioned between Madison Square Park and Gramercy Park.
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AmTrustRE and MdeAS Architects complete modernization of 360 Lexington Ave. in Midtown

Manhattan, NY AmTrustRE has completed a comprehensive modernization at 360 Lexington Ave. Led by New York-based architecture firm MdeAS Architects, the project reimagines the 268,000 s/f office building as a modern, hospitality-driven workplace designed to meet the evolving needs of tenants.
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Walker & Dunlop arranges $86 million Freddie Mac loan refinance of affordable housing portfolio in Queens

Queens, NY Walker & Dunlop has arranged an $86.443 million Freddie Mac refinancing of a 506-unit multifamily portfolio in the Flushing neighborhood. The loan was originated on behalf of Iris Holdings Group and refinances the portfolio’s existing debt while supporting its long-term affordability.
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Rudin names McKessey head of design and construction across Rudin’s entire portfolio

Manhattan, NY Rudin has welcomed Steven McKessey to the firm as head of design and construction, overseeing Rudin’s 13.1-million s/f commercial and multifamily portfolio. A capital projects executive with more than two decades of experience spanning construction management and strategic consulting on large-scale projects,
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Featured Thought Leadership
Articles and Opinions from Our Contributors
The Façade is no longer  just a finish. It’s a risk strategy. - by Bentley Zhao
Twelve-billion-dollar weather disasters have already hit the U.S. through the first half of 2026, causing at least $31.9 billion in damage, according to Climate Central, the nonprofit that now maintains the disaster database NOAA discontinued.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Long Island Ask The Experts: Dry-cleaners and commercial real estate - by Chuck Merritt
If you ask an environmental consultant which type of operations concern them the most, dry cleaners are usually the top answer. If you search the internet for Hazardous Waste Sites (HWS) in your home state, usually 7 or more out of 10 results are dry cleaners since historically they use a chemical known as perchloroethylene or PERC and it only takes a little bit of the chemical to cause an environmental impact that is expensive to address.
Long Island Ask The Experts: The importance of market value and  timing in commercial property tax cases - by Sean Cronin & Brad Cronin
Commercial real estate has changed dramatically over the past several years. Inflation, rising operating expenses, elevated borrowing costs, changing occupancy patterns and increased investment risk have altered the economics of owning commercial property.
Long Island Ask The Experts: Cryptocurrency as collateral: Is it worth the risk? - by Lindsay Mesh Lotito & Kevin Henning
Cryptocurrency has migrated to the portfolios of an increasing number of borrowers. As digital assets become more common, traditional financial institutions must decide whether and how these assets should factor into underwriting decisions.
What is your basement worth?  Turning underutilized space into a performing asset - by Nick Esteves
In New York real estate, every square foot has value. Owners and property managers scrutinize operating costs, capital plans, and building systems for opportunities to improve performance. Yet one category of square footage rarely gets the same financial