News: Owners Developers & Managers

Luxury residential developments to open near famous NYC venues

Brooklyn, NY Brooklyn Crossing  — a 51-story, 858-unit residential building in Prospect Heights, developed by The Brodsky Organization and Greenland USA, offers studios to three-bedroom units, with access to 26,000 s/f of luxury amenities, including a private gym and fitness center, onsite parking, multiple lounges and event rooms, and a Sky Lounge and rooftop pool that overlook Barclays’ rooftop greenhouse. Entertainment connoisseurs will never miss out on the action by living at the crossroad to sports, music, art and food.

Bankside is Brookfield Properties’ $950 million, 4.3-acre mixed-use development along the waterfront in the Mott Haven neighborhood, just over a mile from Yankee Stadium. The master plan includes more than 1,350 rental apartments with views of Manhattan, Queens and the Bronx and unlocks access to Mott Haven’s waterfront for the first time in more than a century. The 458-unit Third at Bankside opened its doors, while Lincoln at Bankside and its 921 apartments will open in 2024. The Brookfield team expects interest from those who work at the local hospitals and the courthouse, as well as at Yankee Stadium. Opening day is April 5. 

The Eugene, a rental offering within the neighborhood, Manhattan West, is a 62-story, 844-unit glass residential tower developed by Brookfield Properties offering studio to three-bedroom residences, as well as 55,000 s/f of lifestyle and recreational amenities including a La Palestra Wellness & Fitness Center, rooftop, rock climbing wall, piano lounge, exclusive resident events and a regulation-size basketball court. MSG, the most popular arena in the world, is a block and a half away. 

BLVD, a new development project in Forest Hills, Queens, is a 10-story, 74-unit apartment building offering onsite parking, a landscaped courtyard, business center with a private conference room and multiple workstations and a children’s playroom. The property offers studios to three-bedrooms, many of which have private outdoor space. 

MORE FROM Owners Developers & Managers

Summer Restaurant Week debuts new openings and exceptional dining in the 42BELOW neighborhood

Manhattan, NY Summer Restaurant Week has concluded on August 16th, with more than 600 participating restaurants offering prix-fixe lunch and dinner menus. While exceptional dining can be found throughout the city, 42BELOW offers one of the city’s most diverse collections of dining experiences, replete with Michelin-starred chefs, and spanning refined steakhouses to K-town standouts, all within the same Midtown South neighborhood.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Don’t leave severance damages behind - by Sebastian Jablonski

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

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
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).