News: Owners Developers & Managers

KMW Group begins sales at The Pencil Factory Condominium

According to KMW Group, LLC and Kafati-Batarse Group of Prudential Douglas Elliman, sales have begun at The Pencil Factory Condominium, located at 122 West St. in Greenpoint. Priced competitively, the condo is offering pre-completion pricing to buyers for a limited time. "For a limited time, the Sponsor is offering pre-construction pricing and they're priced to sell," said Joyce Kafati-Batarse, senior vice president of Prudential Douglas Elliman. Designed by Daniel Goldner Architects and named after the Eberhard Faber pencil factory, The Pencil Factory Condominium consists of 93 predominantly one and two-bedroom residences spanning three buildings, including the original brick factory built in 1872. When completed in the fall, homes will range from 623 s/f to 1,280 s/f. "The design of the new wings plays off of the factory building but broken down into modules that reflect the scale and mosaic tones of the surrounding neighborhood," said Daniel Goldner of Goldner Architects. The Kafati-Batarse Group at Prudential Douglas Elliman is the exclusive marketing and sales agent for The Pencil Factory.
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New York State Homes and Community Renewal finish $32 million affordable development

Union, NY New York State Homes and Community Renewal commissioner RuthAnne Visnauskas have completed the Homesteads on Grand, a $32 million, 72-unit mixed-use affordable and supportive development in Johnson City, Broome County.
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Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

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
New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s historic rent freeze now rests with the courts - by Ron Cohen

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Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

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NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

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