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A new force in land development: PWGC adds Peveraro to lead expanded engineering practice

A new force in land development: PWGC adds Peveraro to lead expanded engineering practice

August 25, 2026
Bohemia, NY Dan Peveraro, PE, has joined P.W. Grosser Consulting Engineer & Hydrogeologist, D.P.C. (PWGC) as director of land development engineering. His arrival marks a deliberate expansion of PWGC’s civil site capabilities and a direct investment in serving the development and commercial real estate community across Long Island and New York State.
NAI Long Island secures 7,562 s/f medical office lease for NYU Grossman School of Medicine

NAI Long Island secures 7,562 s/f medical office lease for NYU Grossman School of Medicine

August 25, 2026
New Hyde Park, NY NAI Long Island executed a long-term lease agreement with NYU Grossman School of Medicine at 3111 New Hyde Park Rd., North Hills.
Marx Realty inks 14,000 s/f lease with Curinos at 10 Grand Central

Marx Realty inks 14,000 s/f lease with Curinos at 10 Grand Central

August 25, 2026
Manhattan, NY Marx Realty leased 14,000 s/f to Curinos at 10 Grand Central. Curinos is relocating from 485 Lexington Ave. “The robust leasing activity at 10 Grand Central demonstrates
Institutional Property Advisors negotiates sale of 71-unit The Atwood

Institutional Property Advisors negotiates sale of 71-unit The Atwood

August 25, 2026
Pleasantville, NY Eric Pentore and Victor Nolletti of Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the sale of The Atwood, a 71-unit apartment asset.
Ariel Property Advisors arranges $10.75 million sale of 90,000 s/f industrial property

Ariel Property Advisors arranges $10.75 million sale of 90,000 s/f industrial property

August 25, 2026
Bronx, NY Ariel Property Advisors (Ariel) brokered the sale of 425 Devoe Ave., a vacant multi-story industrial property in the West Farms neighborhood for $10.75 million. The property
Machine Investment Group closes second investment fund at $350 million hard cap

Machine Investment Group closes second investment fund at $350 million hard cap

August 19, 2026
New York, NY/Washington, DC Machine Investment Group, LP (Machine) acknowledged the final close of Machine Real Estate Fund II (Fund II), the firm’s second flagship investment vehicle.
Morristown appoints SJP Properties as conditional redeveloper of North Park properties

Morristown appoints SJP Properties as conditional redeveloper of North Park properties

August 19, 2026
Morristown, NJ Mayor Timothy Dougherty and the town council awarded the conditional designation of SJP Properties as the redeveloper of 1 North Park Pl., 17-21 North Park Pl., 11-23
JLL arranges sale of 421-unit Carraway

JLL arranges sale of 421-unit Carraway

August 25, 2026
West Harrison, NY JLL Capital Markets secured the sale of Carraway, a 421-unit apartment community. JLL represented the seller, institutional investors advised by J. P. Morgan Asset
EG TAX to offer annual income tax course beginning in Oct.

EG TAX to offer annual income tax course beginning in Oct.

August 25, 2026
Tonawanda, NY EG TAX will offer its annual income tax course beginning this October, providing participants with an opportunity to develop a broader understanding of federal tax law and
RIPCO Real Estate represents El Pollo Loco in 2,400 s/f lease in Jackson Heights

RIPCO Real Estate represents El Pollo Loco in 2,400 s/f lease in Jackson Heights

August 25, 2026
Queens, NY RIPCO Real Estate represented El Pollo Loco in securing a lease for its first-ever East Coast location in N.Y.C. The new 2,400 s/f restaurant will open at 37-07 82nd St. in
Marcus & Millichap arranges $16.4 million sale of mixed-use

Marcus & Millichap arranges $16.4 million sale of mixed-use

August 25, 2026
Brooklyn, NY Marcus & Millichap brokered the sale of 235-237 Kent Ave., two mixed-use buildings in Williamsburg, for $16.4 million. “We are happy to successfully complete a round trip for our seller, whom we previously sold the property for $12.3 million in 2021 during the pandemic,” said Shaun Riney of Marcus & Millichap in New York City.
CM&B completes 15,000 s/f Activate Games NYC debut  in Union Square

CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

August 25, 2026
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Forbes Global Properties appoints Atkins of Private Property Global to board of directors

Forbes Global Properties appoints Atkins of Private Property Global to board of directors

August 18, 2026
Manhattan, NY Forbes Global Properties has appointed Tracey Atkins to its board of directors. A globally recognized authority in high-end property marketing and strategic communications, Atkins
Staats of Katz signs Uptown Cheapskate to first New Jersey location

Staats of Katz signs Uptown Cheapskate to first New Jersey location

August 25, 2026
Woodland Park, NJ Uptown Cheapskate, a fashion resale franchise, will open its first New Jersey location at West Fells Plaza. BaseCamp Franchising, the parent company of Uptown Cheapskate and
YS Developers and Rabsky Group acquire 1150 Broadway site for $23.5 million

YS Developers and Rabsky Group acquire 1150 Broadway site for $23.5 million

August 25, 2026
Brooklyn, NY JLL Capital Markets arranged the $23.5 million sale of 1150 Bdwy., a residential development site in Bedford-Stuyvesant. JLL represented the seller, A-PLUS International Realty, and negotiated directly with the buyers, Brooklyn-based YS Developers and Rabsky Group.
Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

August 25, 2026
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.
The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

August 25, 2026
Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
Keller Augusta hires MacDonald as senior director, strategy & operations

Keller Augusta hires MacDonald as senior director, strategy & operations

August 18, 2026
Manhattan, NY Ryan MacDonald has joined Keller Augusta as senior director, strategy & operations and head of the New York office. MacDonald serves on Keller Augusta’s leadership team,
KBD Group begins renovation of future headquarters of Seafarers International House in Lower Manhattan

KBD Group begins renovation of future headquarters of Seafarers International House in Lower Manhatt...

August 17, 2026
New York, NY KBD Group has commenced construction as general contractor for the renovation of 18 Vesey St. in Lower Manhattan, the future permanent home of Seafarers International House (SIH), a nonprofit organization that has served merchant mariners, immigrants and international travelers for more than 150 years.
Topping off held for QWest Towers, a new $158 million workforce housing development in Mount Vernon

Topping off held for QWest Towers, a new $158 million workforce housing development in Mount Vernon

August 17, 2026
Mount Vernon, NY In a milestone event for the city, officials from the state, county and city joined together on August 11 to celebrate the “topping off” of QWest Towers, a new $158 million workforce housing development that is nearing completion. The highlight of the topping off, which symbolizes the completion of the final floor of the tower, was an American flag unfurled along the side of one of the towers to the tune of the National Anthem.