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AKRF acquires Engineering & Land
Planning Associates
March 12, 2024
Manhattan, NY AKRF, Inc., a multidisciplinary consulting firm based in New York City, has acquired the assets of Engineering & Land Planning Associates, Inc.(E&LP), bringing together two premier East Coast companies
Clem and Caplan of Skanska to lead sustainability team
March 12, 2024
Manhattan, NY Skanska, a global leader in sustainable building, has restructured its sustainability team to better serve client and company goals. Co-led by Steve Clem and Myrrh Caplan, who together bring decades of experience, the team will allow Skanska to continue to set the bar for the industry.
Simone Development Companies signs 16,000 s/f in lease expansions
March 12, 2024
Queens, NY Simone Development Companies has signed a new lease and an expansion for a combined total of nearly 16,000 s/f of medical space at 35-30 Francis Lewis Blvd. in the Flushing neighborhood. The two-story, 37,421 s/f retail and medical center now has three remaining spaces.
BOMA New York chair sends message of industry optimism, with a focus on future CRE leaders - by Patr...
March 12, 2024
I am honored to address you as the new chair of BOMA New York. I thank Matt Duthie for his diligence as chair over the past two years, as well as the many great industry leaders that preceded me as chair. We are at the intersection of a seismic shift in the way corporate occupiers utilize workspace.
Amicucci of IREM NYC testifies on housing and insurance
March 12, 2024
New York, NY This past week, IREM NYC vice president of education Ralph Amicucci, CPM, Esq. testified before the House Committee on Financial Services, Subcommittee on housing and insurance. Amicucci spoke about the hard-working Americans who are unable to rent or buy homes
IREM’s Advocacy Impact Day + ESG Summit held on Feb. 27-28th
March 12, 2024
Washington, DC Jessica Tusing, IREM NYC’s first vice president and co-chair of the Energy & Sustainability Committee and the Legislative Committee was in Washington DC for the Institute of Real Estate Management’s Advocacy Impact Day + ESG Summit on February 27 and 28.
PWC New York continues the Chapter’s Mentorship Committee
March 12, 2024
New York, NY The PWC New York Chapter’s Mentorship Committee continues to thrive. The eight-month program kicked off in September, and the group has continuously hosted engaging events
Buro Happold, NYCEDC and NYC Talent launches Green Economy Action Plan
March 12, 2024
New York, NY Buro Happold Consultants has supported the New York City Economic Development Corp. (NYCEDC) and mayor’s office in the launch of the Green Economy Action Plan to advance the city’s “vision for an economic future that puts human well-being at the forefront” by:
Operational benefits of AI in property management - by Brian Sutherland
March 12, 2024
Automation and artificial intelligence solutions are being touted as the future of commercial real estate. When we look at the impact of AI today, it is undeniably at the proof-of-concept phase. Vendors are now trying to figure out how they can monetize AI and what future budgets may look like.
BREV, PCD Development, and Hines top out The Daymark at five stories
March 12, 2024
Sleepy Hollow, NY Developers Biddle Real Estate Ventures (BREV) and PCD Development, along with development manager Hines, has topped out The Daymark at five stories, representing a construction milestone for the new collection of condominium residences
Luxury residential developments to open near famous NYC venues
March 12, 2024
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
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Property on the month: Urbahn Architects, CUNY and DASNY complete $95m, 52,000 s/f Nursing Education...
March 12, 2024
Bronx, NY The Lehman College, elected officials, the City College of New York (CUNY), the Dormitory Authority of New York (DASNY), Urbahn Architects and Citnalta Construction celebrated the opening of the new Nursing Education, Research and Practice Center (NERPC).
Slate Property Group with LibreMax Capital provides $60.25m loan to Ming’s Garden Realty’s devel...
March 12, 2024
Queens, NY Slate Property Group, in partnership with LibreMax Capital, has provided Ming’s Garden Realty LLC with a $60.25 million bridge loan for 26-01 4th St. in Astoria. Ming’s Garden Realty, the project’s developer, will utilize the funds for the final stages
Argo welcomes three residential property managers to its team
March 12, 2024
Manhattan, NY Argo Real Estate has appointed three new members to its residential property management team, comprising of Peter Kocaj, Philip Huang, and Lauri Weinstein. Kocaj and Huang have been assigned to Argo’s third-party property management division
GAMCO Corp. provides fenestration for new
Zeta Inwood Charter School
March 12, 2024
Manhattan, NY The newly constructed and opened Zeta Inwood Charter School provides new learning facilities and colorful entrance doors. GAMCO Corp. supplied the school building with 1,230 ft. of custom fenestration: commercial doors, a curtain wall entrance and vestibule space
Douglaston Development tops out 474,000 s/f, 456-unit multifamily development
March 12, 2024
Brooklyn, NY Douglaston Development has topped out of 1057 Atlantic Ave., a 474,000 s/f, 17-story, 456-unit mixed-income multifamily rental development in the Bedford-Stuyvesant neighborhood. The development serves as one of the last new housing developments eligible
Gelberg and IMC Architecture near completion
of The James - 11,300 s/f
March 12, 2024
Brooklyn, NY The project team of investor/developer Einav Gelberg, architect IMC Architecture and other partners celebrated the completion of the structural frame traditionally known as the topping out milestone – for The James, an eight-unit luxury condominium building at 258 Saint James Pl.
Syska Hennessy Group appoints Victor innovations manager
March 12, 2024
Manhattan, NY Syska Innovations, a subsidiary of Syska Hennessy Group, has appointed David Victor as innovations manager based in New York City. In his new role, Victor supervises the expanding innovations program, which has more than 20 projects
The Moinian Group and Bushburg launch
leasing at 320-unit redevelopment
March 12, 2024
Brooklyn, NY The Moinian Group, a privately held real estate investment company, and real estate development and management company, Bushburg, have launched leasing at the 320-unit residential component of the overall redevelopment and expansion of The Empire State Dairy Company site project, located at 2840 Atlantic Ave. in Cypress Hills.
Camber Property Group breaks ground on Phase 1
of $76m affordable housing project
March 12, 2024
Bronx, NY On Friday, March 1, local elected officials and community leaders joined Camber Property Group for a groundbreaking ceremony for Phase 1 of Stevenson Sq., a $1 billion mixed-use 100% affordable housing development in the Soundview section at 1843 Seward Ave. (between Thieriot Ave. and White Plains Rd.).