Category: Owners Developers & Managers
IREM NYC hosts Accredited Residential Manager education course
February 13, 2024
Brooklyn, NY IREM NYC hosted an Accredited Residential Manager (ARM) educational track at Long Island University January 29 to February 2. Eighteen students learned the many different aspects of being an effective residential property manager
BOMA NY elects new officers with Dolan of The Durst Organization as chair
February 13, 2024
Manhattan, NY BOMA New York, the city’s most influential commercial real estate trade organization, is proud to announce that Patrick Dolan, RPA, senior property manager at The Durst Organization and head of operations at One World Trade Center is the new chair of BOMA New York.
Lendlease, LMXD and Daiwa House Texas commence closings at Claremont Hall - designed by RAMSA
January 30, 2024
Manhattan, NY Lendlease, LMXD and Daiwa House Texas Inc. have commenced closings at Claremont Hall, the luxury condominium tower designed by Robert A.M. Stern Architects (RAMSA) in Morningside Heights. As the building wraps up construction,
L+M Development Partners and Services for the UnderServed secure $78m for Phase 2 housing dev.
January 16, 2024
Brooklyn, NY L+M Development Partners and Services for the UnderServed (S:US) have closed on a $78 million deal to develop Marcus Garvey Extension Phase 2 Building G in the Brownsville neighborhood. The project will feature 109 units, 55 of which will be supportive housing
Monadnock Development, CB Emmanuel and Equity Developers close $256 million finance
January 16, 2024
Brooklyn, NY Monadnock Development, CB Emmanuel Realty, and Equity Developers closed on $256 million in financing for the development of Utica Crescent, an affordable housing project in East Flatbush, that will transform an underutilized parking lot
Wells Fargo CLI arranges $359m in financing
for 880-unit housing
January 16, 2024
Queens, NY Wells Fargo’s Community Lending and Investment (CLI) has arranged a total of $359 million in financing for one of the largest, 100% affordable housing development in New York City in 40 years. Willets Point Phase 1A is an 880-unit
Paulus Development, LeChase Construction, CPC and JPMorgan Chase celebrate $40m revitalization of th...
January 16, 2024
Johnson City, NY Broome County and the village of Johnson City celebrated the ribbon cutting of the Endicott-Johnson Victory Factory, hosted by Paulus Development, LeChase Construction Services, The Community Preservation Corp. (CPC) and JP
Slate Property Group and RiseBoro Community Partnership to
convert hotel to housing under HONDA ...
January 16, 2024
Queens, NY Slate Property Group and its non-profit partner RiseBoro Community Partnership completed their acquisition of the former JFK Hilton Hotel, marking a major milestone in converting the first former hotel into permanently affordable housing through New York’s Housing Our Neighbors with Dignity Act (HONDA).
Rose Associates appoints two managing directors
January 16, 2024
Manhattan, NY Rose Associates, Inc. has appointed two new managing directors. Roseann Coraci has been promoted to managing director of multifamily and Christopher Blackman has been hired as managing director of information technology. An industry veteran with nearly two decades of property management experience
Bradford Allen Hospitality
acquires two hotel properties
January 16, 2024
Riverhead, NY Bradford Allen Hospitality has acquired two adjacent hotel properties on Long Island, a 131-suite Residence Inn by Marriott located at 2012 Old Country Rd. and a 114-key Hilton Garden Inn at 2038 Old Country Rd.
FirstService Residential names Dunmore president of New York operations
January 16, 2024
Manhattan, NY FirstService Residential, the leading residential property management company, appointed Steve Dunmore president of its New York operations. In this role, Dunmore will oversee all aspects of FirstService Residential’s New York operations, leading a team of over 500 property management professionals across the metro area.
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Skanska completes first phase of East River Waterfront Esplanade
January 16, 2024
Manhattan, NY Skanska has completed the first phase of the East Midtown Waterfront Esplanade and East River Greenway development along FDR Dr. The project, awarded to Skanska by New York City Economic Development Corp. (NYCEDC) in 2019
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