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Owners Developers & Managers
Posted: September 3, 2019
Greene tops out 70-unit residential building
Manhattan, NY Developer Jeff Greene has topped out 100 Vandam St. a 330-ft. building designed by COOKFOX Architects in Hudson Square. Members of the COOKFOX design team attended the topping out ceremony on August 13th. The ceremony took place on the 20th floor garden terrace, which will be a planted with native species and designed by landscape architect Terrain NYC. When complete, 100 Vandam will be a 25-story contemporary tower rising within the brick façade of a historical Hudson Square warehouse. Each of the 70 residences will include a planted outdoor space to help re-knit the urban ecosystem and connect residents with nature. Pavarini McGovern is the project’s general contractor.
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JVP Development names new sales team at 250 West 96th St.
Manhattan, NY JVP Development has appointed Team Arceon, led by Corcoran Top 25 broker Kristen Suh, as the exclusive sales and marketing team for 250 West 96th St., the 131-residence luxury condominium on the Upper West Side designed by renowned Danish designer Thomas Juul-Hansen. The official announcement comes on the heels of 250 West 96th St.
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Columns and Thought Leadership
New York City’s historic rent freeze now rests with the courts - by Ron Cohen
New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen
New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt
In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Don’t leave severance damages behind - by Sebastian Jablonski
When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.