News:
Brokerage
Posted: July 11, 2023
G2D Group introduces Station One - a five-story mixed-use building
Riverhead, NY G2D Group is debuting Station One, a five-story mixed-use building located at 205 Osborn Ave. This development, following the launch of The Shipyard luxury apartment building in downtown last August, showcases G2D Group’s commitment to delivering premium properties.
Station One, formerly a shuttered medical building, has undergone a massive year-long demolition and renovation project. Situated at the corner of Osborn Ave. and Court St., this complex is located near the Long Island Rail Road and Riverhead Library, making it an ideal destination. Each luxury unit within Station One is designed with high-end finishes, including professional-grade appliances, wide plank floors, stone countertops, and designer light fixtures. Residents can enjoy added security with “LATCH” Key Fob entry control accessible from their mobile phones. The property also offers an array of amenities, such as a sprawling 688 s/f rooftop lounge and a fitness center. Fully furnished residences and units with private balconies will be available upon request of completion.
The positive housing redevelopment stands as a beacon of transformation, revitalizing neighborhoods and enriching the lives of its residents. Through planning, innovation, and a commitment to community, Riverhead embraces a future where sustainable housing is accessible to all.
“This transformative process not only rejuvenates physical spaces but also fosters a vibrant and inclusive community where residents can live, work and thrive,” said Greg DeRosa, G2D principle.
On the ground level, Station One will feature the newest outpost of the WorkSmart franchise, a collaborative workspace tailored to entrepreneurs, independent creative professionals, and startup companies seeking a central hub. The design of the space, with its clean lines and modern sensibilities, fosters a productive and inviting environment. WorkSmart provides a range of resources and amenities, including Wi-Fi, video conferencing capabilities, private offices, printing and scanning services, break areas, and mail reception.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Quick Hits
Columns and Thought Leadership
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.
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,
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
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
