$57 million raised for Israel Bonds at New York real estate event; Morali of Kushner Cos. honored
Manhattan, NY Israel Bonds welcomed leaders in real estate for a luncheon at Cipriani 42nd St. on November 11th. The event honored Laurent Morali, chief executive officer at Kushner Companies, and featured
Adirondack Capital Partners complete sale of Fayetteville Pines Townhomes for $7.9 million
Fayetteville, NY Adirondack Capital Partners (ACP) has successfully arranged the sale of Fayetteville Pines Townhomes, a 64-unit multi-family property, for a total consideration of $7.9 million. DHM Properties sold the property to an undisclosed investor
Urban Atelier Group relocates to
25,270 s/f at Rudin’s 41 Madison Ave.
Manhattan, NY Rudin secured a new, long-term headquarters lease with construction company Urban Atelier Group at 41 Madison Ave., its renovated office tower in the heart of Midtown South’s Flatiron District. Urban Atelier Group, a New York-based construction management firm
Fifth Avenue Committee holds ribbon cutting for Sunset Ridge; design by Magnusson Architecture and Planning
Brooklyn, NY Fifth Avenue Committee (FAC) cut the ribbon on Sunset Ridge, a new 84-apartment, 100% affordable housing project for low-income seniors, located in Sunset Park. Sunset Ridge is the first affordable senior housing built in Sunset Park in over 15 years
Perkins Eastman and Triton Construction’s The Orchard tops out at 823 ft.
Queens, NY BLDG Management Company has topped out The Orchard at over 823 ft. to become the tallest building in Queens. The 70-story residential tower designed by Perkins Eastman and constructed by Triton Construction features 824 rental residences, 248
LL147 will redefine “Major Buildings,” introducing site safety requirements - by Alejandra Sepulveda
An upcoming change to the definition of “major buildings” will have major ramifications for thousands of New York City properties by the end of the year. The current NYC building code defines major buildings as “an existing or proposed building 10 or more stories or 125 ft. or more in
2024 Ones to Watch - Innovators in CRE: Michael Eng, Cullen and Dykman LLP
New York-based commercial real estate attorney focusing on office and retail leasing, ground leasing, acquisition and disposition of real property, construction access agreements and ancillary matters related thereto. Michael Eng has been at the firm for over six years.
2024 Ones to Watch - Innovators in CRE: Jimmy Carchietta, The Cotocon Group
As the founder and CEO of The Cotocon Group, Jimmy Carchietta has led the company for over 15 years, driving innovation in energy benchmarking, audits, and compliance for commercial real estate. Carchietta is responsible for overseeing strategic direction, business development,
2024 Ones to Watch - Innovators in CRE: Sammy Chu, Edgewise Energy + Community Power Long Island
Sammy Chu is the founder and CEO of Edgewise Energy (established in 2019) and Community Power Long Island (founded in 2021), leading both in the development of clean energy solutions like Battery Energy Storage Systems (BESS) and Community Fuel Cell Farms. He oversees
Ariel Property Advisors arranges sale of three properties - $7.255 million
Brooklyn, NY Ariel Property Advisors (Ariel) brokered the sale of three properties located on the same block on Varet St. in Williamsburg. The properties, each zoned for industrial usage, were sold in separate transactions for a
2024 Ones to Watch - Innovators in CRE:
Rachel Scelfo, Farrell Fritz
Rachel Scelfo is a partner in Farrell Fritz’ land use, zoning, municipal litigation group. She rejoined the firm in September, having previously worked at the firm for eleven years. Prior to rejoining the firm, Scelfo was most recently a member of the Town of Babylon team
