News: Owners Developers & Managers

Castle Development Grp./CFC Finance begins construction

Attuned to the needs of busy New Yorkers, Castle Development Group/CFC Finance has begun construction on a new property as unique and innovative as New York itself, The Alexander. Located in historic Turtle Bay, a historic neighborhood that was formerly home to actress Katherine Hepburn and writers Edgar Allen Poe, Tom Wolfe and Truman Capote, The Alexander manifests the area's rich history and vibrant future. Located only moments away from the city's cultural landmarks such as the MOMA, Carnegie Hall, Radio City and the distinguished New York Public Library, Castle Development Group's senior vice president of development, Steven Dobbs said "We are building a brand of luxury residences that aims to extend the boundaries of life to the fullest. The design is truly a study in balance and harmony." The Alexander offers one, two, three and four-bedroom units, all equipped with the finest finishes, Many of the units include private outdoor spaces further complementing the openness of the interior layouts. The Alexander is an ideal home for all New Yorkers who are continuously searching for the extraordinary.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

As we head into 2026, one thing is clear: deals aren’t won by who has the best asset; they’re won by who presents it best. Yet many owners, operators, and brokers are entering the new year with outdated photos, inconsistent branding, and limited digital presence. This
Strategies for turning around COVID-distressed properties - by Carmelo Milio

Strategies for turning around COVID-distressed properties - by Carmelo Milio

Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units