News: Brokerage

EW Howell Const. completes 68,000 s/f St. Johnland facility

Kings Park, NY EW Howell Construction Group has completed the new St. Johnland Assisted Living at 393 Sunken Meadow Rd. The two-story, 68,000 s/f facility on Long Island’s North Shore offers 80 residential units and 100 beds.

St. Johnland is a provider of skilled nursing care, with specialties in Alzheimer’s/dementia, head injury rehabilitation, subacute care, and adult day care. The new assisted living facility was built adjacent to the existing St. Johnland Nursing Center on the 100-acre complex owned by the nonprofit organization.

“The new assisted living facility on the St. Johnland campus in Kings Park is going to meet the needs of families looking for independent living options for their loved ones, with the added security of a caring and compassionate staff,” said Kevin McKenna, a vice president at EW Howell.

St. Johnland Assisted Living, designed by KDA Architects, was designed to have four wings of residential units, rather than the long, linear design found in many care facilities. This enables easier mobility for residents and nursing staff and provides each resident with the views of the nature surrounding the rooms. Amenities include a lobby with library space, a full-service kitchen and dining room with access to exterior courtyards, and resident laundry rooms. The second-floor features areas for art and cultural activities, and a wellness suite which hosts physical therapy and fitness. It’s also interesting to note that 75% of the residents will be Medicaid eligible, which opens the facility to people of all financial backgrounds.

“In addition to a multitude of amenities and activities, residents have the added benefit of the facility’s proximity to the organization’s nursing center and other services,” added EW Howell’s Giuseppe Iuliucci, who served as project manager.

EW Howell has than 20 years of experience building quality senior living and assisted living communities around the New York Tri-State region. Most recently, the company served as general contractor on Whisper Woods at Smithtown and Orchard Estate of Woodbury for Benchmark Senior Living, The Residences at Plainview for Capitol Seniors Housing, and communities for Sunrise Senior Living in Huntington, N.Y. and Summit, N.J.

MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.