Category: Owners Developers & Managers

Real estate investors and developers have a new reason to pay attention to Opportunity Zones. The One Big Beautiful Bill (OBBB), signed into law July 4, 2025, extends and updates the Qualified Opportunity Zone (QOZ) program beginning in 2027. While the new version of the program

Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd. added two new tenants set to open soon: Gatsby’s Board Game Café and I.FLY Trapeze. These concepts

Manhattan, NY GID, a vertically-integrated real estate owner, operator, developer and investor, has expanded its development business with the launch of GID Residential Partners, a dedicated multifamily development platform. The platform will advance and complement GID’s overall strategy of growing

Manhattan, NY Brookfield has completed $1.3 billion of refinancing of 660 Fifth Ave., a 1.25 million s/f tower in Midtown that is now fully committed to a roster of global tenants. The refinancing builds upon Brookfield’s momentum across its global real estate platform and brings the total financing activity completed this year to $35 billion

Manhattan, NY LISC NY has closed a $2.5 million predevelopment loan to support The Seneca, a new affordable housing project that will replace the former Lincoln Correctional Facility across from Central Park. The project represents a milestone in New York’s effort to transform decommissioned state properties

Manchester, NH Metro Walls, has promoted Risa Taylor to chief people officer. Taylor will complete work for Metro Walls out of the New Hampshire office and for the New York region. >“Risa’s expanded role is a testament to her leadership, strategic impact, and commitment to Metro’s people,” said Bryan Hussey, president of Metro Walls.

Brooklyn, NY Two Trees Management’s One Domino Square, one of Williamsburg’s tallest and NYC’s fastest-selling residential building, is now 50% sold. Since launching sales in May 2024, 80 residences at One Domino Square have closed or entered contract. Among these transactions is the record-setting sale of Penthouse 1A

Brooklyn, NY According to NY developer Tankhouse, 15 of the 26 residences at the SO – IL-designed 144 Vanderbilt have entered contract or closed. The building has also surpassed the 50% sold milestone by dollar volume. Residents began moving in on July 1.

Manhattan, NY The Community Preservation Corporation (CPC), a non-profit multifamily finance company, awarded $177,505 in grant funding to electrify 51 East 7th St., a six-unit apartment building in the East Village. The property is owned and operated by Georgie Duncan Realty. CPC is administering the award

Brooklyn, NY The Shop Workspace opened its new location within 420 Carroll, a mixed-use development in the Gowanus neighborhood. With FXCollaborative as the architect and Alan Mainer Studios as the interior designer, The Shop is a design-forward coworking space tailored for freelancers, creative professionals,

Manhattan, NY SHED Innovation, the New York City-based infrastructure design and distribution firm, has completed two pilot installations of its Halo scaffolding system at 210 Fifth Ave. and 1132 Bdwy. The projects mark Halo’s first real-world deployments, ultimately demonstrating how the system enables

Manhattan, NY Marty Burger of Infinite Global Real Estate Partners and Andrew Heiberger of Buttonwood Development, in partnership with 400 Capital Management LLC (400C), have completed the acquisition of 29 West 35th St., marking one of the first major office-to-residential conversions under the city’s new Midtown South Mixed-Use Plan. The joint venture will introduce 107 boutique residences, offering a distinct alternative