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MAG Partners, Safanad and Penn South break ground on 200,000 s/f mixed-use project
November 14, 2023
Manhattan, NY MAG Partners broke ground on their 188-unit, mixed-use project at 335 Eighth Ave. in partnership with Penn South (also known as Mutual Redevelopment Houses, Inc.). Dignitaries including council member Erik Bottcher, helped to mark the occasion. Thirty percent of the new building’s units will be reserved for low- and middle-income residents under the Affordable NY Program.
MHCM hires Wisniewski as project manager
November 14, 2023
Poughkeepsie, NY Mid Hudson Construction Management (MHCM) has hired Kyle Wisniewski to its team of dedicated construction professionals as a project manager. In this role, Wisniewski is responsible for estimating job costs, subcontractor buyouts, scheduling and purchasing, and having a constant construction interface, leading to relationships with owners leaving them satisfied while ensuring projects are completed on time and on budget.
Ginsburg Development opens second phase of leasing at Admirals Cove development
November 14, 2023
Haverstraw, NY Building on the resounding success of the first phase of leasing at the Admirals Cove luxury development, Ginsburg Development Companies (GDC) has opened the second phase of apartments at the waterfront community. Set on a peninsula with water on three sides and a private marina, the second phase of Admirals Cove features two four-story buildings with a total of 58 one-, two-, and three-bedroom apartments.
Standard Communities expands offices and staff due to progressive growth of the company
November 14, 2023
Manhattan, NY Standard Communities, a national affordable housing developer and investor, has expanded its principal offices and added staff reflecting a growing business. “We have applied productive strategies, with acquisitions and ground-up development, to extend our successful track record in a challenging environment,” said Scott Alter
Monadnock Development starts leasing for 136,000 s/f mixed-use building 300 Huntington
November 14, 2023
Brooklyn, NY Monadnock Development has launched leasing for 300 Huntington, a six-story, 136,000 s/f mixed-use commercial development in Gowanus/Carroll Gardens, and the neighborhoods’ only new ground-up office/commercial building.
2023 Commercial Real Estate Visionaries: Steve Kirschner of IREON
November 14, 2023
Steve Kirschner of IREON networking always suggests and initiates a one-on-one mentoring program, fostering stronger professional relationships and knowledge sharing within our organization. This initiative has significantly improved communication, collaboration, and skill development, resulting in a more cohesive and effective team.
2023 Commercial Real Estate Visionaries: Jason Breitstone of Hildreth Real Estate Advisors
November 14, 2023
What recent project, transaction, or accomplishment are you most proud of?
Particularly the purchase of five properties that includes laundromats that we will operate.
A pivotal period for geothermal energy – with New York City leading the way - by Charles Copeland...
November 14, 2023
Recent extreme weather – and related environmental conditions – has made the need to address climate change more inescapable than ever. From the immediate devastation of wildfires to the reduced air quality of their far-reaching smoke plumes to the relentlessness of heat domes and flash flooding, the case for reducing carbon emissions is irrefutable.
Why New York property managers shouldn’t settle on software - by Anthony Vendittoli
November 14, 2023
Venator Advisors is a property management consultancy that specializes in the implementation of real estate technology. We’re based in New York and New Jersey but have clients across the country. While some businesses haven’t fully caught on yet, automation has changed the game, and basic accounting software simply won’t cut it in the real estate industry anymore.
2023 Commercial Real Estate Visionaries: Randy Eckers of Reed Smith
November 14, 2023
Randy is an innovator and market-leader in C-PACE, a non-traditional loan product that provides long-term, low-cost financing for energy efficiency and renewable energy improvements for commercial buildings, making green energy upgrades more accessible.
2023 Commercial Real Estate Visionaries: Paul Adler, Esq. of Rand Commercial
November 14, 2023
Throughout Paul’s 45 year career in commercial real estate he has been committed to incorporating a mission of social responsibility into everything he does. The famous quote “To Whom Much is Given, Much is Expected” guides his philosophy.
2023 Commercial Real Estate Visionaries: Zachary Melas of Ciminelli Real Estate Corp.
November 14, 2023
Zach embodies the leadership journey, with a constant commitment to learning, encouraging peers, and growing through challenges. During his tenure with Ciminelli, Zach has been both a student and a teacher, strengthening his professional skills and using those insights to actively develop and streamline processes that affect meaningful change operationally and in our corporate culture and community.
2023 Commercial Real Estate Visionaries: Dan Bythewood of La Cite Development, LLC
November 14, 2023
Dan Bythewood is a NYC-based real estate executive. He is a visionary because of the transformative investments he made and continues to make into challenged communities. His work has made a positive impact on communities such as Harlem, Hempstead and the city of Baltimore.
2023 Commercial Real Estate Visionaries: Jeffrey Levine of The Douglaston Companies
November 14, 2023
For over 40 years, Jeff has exemplified a record of success across a wide range of development types including affordable and senior housing, market-rate, mixed-income and mixed-use projects. Most recently, Douglaston delivered Manhattan’s largest new multifamily development, 3Eleven, inclusive of 703 market rate and 235 affordable residences to Manhattan’s evolving West Side.
2023 Commercial Real Estate Visionaries: John Halama of Emtec Consulting Engineers
November 14, 2023
John Halama has been an invaluable employee at Emtec Consulting Engineers contributing to both our office culture and surrounding communities. Mr. Halama specializes in electrical design and his work has been crucial for new developments, existing upgrades and renovations. His skillset in electrical infrastructure and fire alarm systems has been imp
2023 Commercial Real Estate Visionaries: Greg Corbin of Northgate Real Estate Group
November 14, 2023
15 years ago, Greg realized there was a distinct lack of real estate brokers who specialized in distressed assets, mainly properties in bankruptcy and foreclosure. To gain the expertise needed to become a top broker in this niche, Greg dedicated a great deal of time to in-depth research and conversations with the most knowledgeable industry professionals. He attended classes, went to networking events, and took on small assignments to gain essential experience.
2023 Commercial Real Estate Visionaries: Guy Arad, Esq. of Romer Debbas LLP
November 14, 2023
Guy Arad, Esq. is a commercial real estate expert known for his creative vision and resourceful deal-making skills. Clients value his extensive knowledge and ability to anticipate challenges. Our firm is proud of Mr. Arad’s contributions.
Property of the Month: Morgan North - the redevelopment and adaptive reuse of the largest USPS posta...
November 14, 2023
Manhattan, NY The expansive, 645,000 s/f Morgan North redevelopment by Tishman Speyer transforms what was once New York City’s largest postal distribution center into a multi-use, sustainable property housing creative office space, a multilevel rooftop park and street-level retail. Located at 351 9th Ave., the body of the building encompasses an entire city block between 9th and 10th Aves. from
New York City mandatory parapet inspections starting January 1, 2024 - by Joe DiPompeo
November 14, 2023
To ensure the safety and longevity of these structures, and the safety of the public on the street, New York City has introduced a new mandate. Starting on January 1, 2024, all buildings in NYC with parapets facing the public right-of-way, regardless of height, must undergo an annual inspection. This initiative is a significant step toward maintaining the city’s architectural integrity and ensuring the safety of its residents and visitors.
Restoration and St. Nicks Alliance break ground on Dekalb Commons, affordable housing development
November 14, 2023
Brooklyn, NY Bedford Stuyvesant Restoration Corp. (Restoration) and St. Nicks Alliance (St. Nicks) celebrated the groundbreaking of Dekalb Commons, three new 100% affordable housing developments. The development includes 652 Dekalb Ave., 639 Dekalb Ave. and 1187 Fulton St. Special guests in attendance included council member Chi Ossé, assembly Member Stefani Zinerman and Assembly member Phara Souffrant Forrest.