News: Owners Developers & Managers

MKRF, LLC develops 41-unit Ten63 Jackson Ave. condominium

Sales are underway at Long Island City's Ten63, a nine-story, brick-clad triangular building. With its innovative design, this 41-unit condominium located at 1063 Jackson Ave., will "change the shape" of Long Island City's emerging residential market. "Ten63 has the same qualities as the Flatiron Building in Manhattan, giving the units more light, air and views, creating a true haven for owners," said Andy Gerringer, managing director of the Prudential Douglas Elliman Development Marketing Group, "Given this building's location, intelligent design and numerous amenities, we expect demand to be high." A landscaped private roof deck affords residents a view of the Manhattan skyline, while the fully equipped fitness center and screening room provide convenience. Additional building amenities, including concierge, on-site garage, refrigerated and individual storage, will enhance the residents' ease of living. Located one stop from Grand Central Station via the 7 subway and one stop from 59th Street on the nearby E/V train, the building is convenient to Manhattan and to Queens' shops, restaurants and culture, as well as nearby attractions including Water Taxi Beach and Gantry Waterfront Park. Studio, one, two and three-bedroom penthouse apartments, ranging from 434 to over 2,000 s/f are available. Expected occupancy is in September 2008. The developer of Ten63 is MKRF, LLC and H. Thomas O'Hara, Architect, PLLC is the architect.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
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).
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
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but