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Merchants Capital provides $129.1 million for New York City Housing Authority PACT renovation project
Bronx, NY Merchants Capital provided $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6 million renovation o...To tackle the housing crisis, look to 3D printing - by Kevin Paul
The United States is in the midst of a housing crisis. Since the early 1900s, homeownership has been a key component of the American dream. A home was more than just real estate; it signified an investment in one’s family, community, and country
Douglaston Development and Levine Builders begin work on 277-unit housing development
Bronx, NY Douglaston Development and its general contracting and construction management affiliate, Levine Builders, commenced construction on 2868 Webster Ave., a 12-story, 277-unit affordable multifamily housing development
Marks and Lebor of TerraCRG
broker sale of 410 Kingsland Ave.
Brooklyn, NY TerraCRG brokered the $120 million sale of the almost ten-acre waterfront property at 410 Kingsland Ave. in the Greenpoint neighborhood. The sellers of the site, ExxonMobil, hired TerraCRG as the exclusive broker to run a formal marketing and sales
Phillips of Largo R.E. arranges $1.7m first mortgage for educational property
Orchard Park, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., secured a $1.7 million permanent first mortgage to refinance the existing debt on a 50,000 s/f educational property. Phillips utilized his relationship with a federal credit union
Ariel Property Advisors arranges
two loans totaling $11.75 million
Manhattan, NY The Capital Services Group for Ariel Property Advisors arranged two loans totaling $11.75 million for two properties. Ben Schlegel, a director in the capital services group at Ariel, and Paul McCormick, partner, sales management, represented separate borrowers in the two transactions
Kleinberg of Tri-State Properties sells 13,000 s/f Syosset office for $2.1 million
Syosset, NY Ron Kleinberg, president of Tri-State Properties, exclusively brokered the $2.1 million sale of the Syosset Professional building located at 40 Underhill Blvd. The 3-story commercial building totaled 13,000 s/f which included the lower level.
IREON Insights: Giving back: Finding the best fit for your business to make an impact - part 1 of 2 - by Jeff Rubin
While the past few years have seen difficult tidings for the New York real estate market, 2024 ended on a strong note. In New York, optimism is high that 2025 will be a year of growth as mortgages mature and as we see rate cuts from the Federal Reserve. This optimism has held true for
KINGS Capital Construction and KL Masters Construction break ground on 146 Westchester Ave.
Port Chester, NY A groundbreaking ceremony was held on Tuesday, December 17, 2024, for 146 Westchester Ave. This event celebrated the launch of the first 12-story building in the area — a development that will bring 223 residential rental units, ground-level retail spaces
Reidy Contracting Group completes the Empire State building’s amenity space
Manhattan, NY Reidy Contracting Group (RCG), a general contracting and construction management firm, has completed a premier amenity space in the Empire State Building. This amenity center fulfills its owner Empire State Realty Trust’s commitment to deliver a dynamic environment
Kostow Greenwood Architects grows with
consolidation of Mitchell Kurtz Architects
Manhattan, NY Michael Kostow, founding principal, Lena Dau-Ping Fan, principal and Gary Li, principal, all three being equity owners of KGA (Kostow Greenwood Architects), are consolidating Mitchell Kurtz Architects with KGA. Mitchell Kurtz will join KGA
