Category: New York City

Bronx, NY Elizabeth Velez, president and principal of The Velez Organization, was honored as Developer of the Year by the Bronx Chamber of Commerce at its Sept. 17 Annual Gala at Marina del Rey, recognizing more than 30 years of leadership in construction, development and expanding economic opportunity across New York.

Manhattan, NY New Empire Group has expanded its real estate development portfolio with three acquisitions totaling more than $122 million: 567 2nd Ave. ($38 million), 10 East 30th St. ($33.5 million), and 4 West 43rd St. ($51 million).

Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has completed 100,000 s/f of leasing activity over the past year at 387 Park Ave. South, highlighted by a new lease with Hanover Park and the expansion and extension of PMG Worldwide totaling more than 58,000 s/f.

New York, NY ApartmentIQ, a real-time market intelligence, revenue management, and AI platform for the multifamily industry, have commenced a $25 million follow-on investment from Susquehanna Growth Equity (SGE), an entrepreneur-focused growth equity firm. SGE previously led the company’s $22.5 million Series B financing in 2021, when the business operated as Rentable, one of the nation’s largest apartment marketplaces.

Manhattan, NY Southern Land Company (SLC), a vertically integrated, national real estate developer of award-winning single-family, multifamily, and mixed-use communities, has promoted four New York-based leaders

Manhattan, NY Muss Development LLC has completed three new retail transactions totaling nearly 15,000 s/f of activity at its Eltingville Shopping Center in Staten Island. 

Manhattan, NY Rudin inked a new 11-year office lease with Corpay, Inc.’s. Cross-Border business at 560 Lexington Ave., its 22-story office tower in the Plaza District. Corpay Cross-Border Solutions, which specializes in foreign exchange, global payments and risk management, will relocate its headquarters to 560 Lexington this fall.

Brooklyn, NY The International Downtown Association (IDA) recognized Downtown Brooklyn Partnership with the Downtown Achievement Award of Excellence for its resourceful approaches related to its Downtown Brooklyn Public Realm Action Plan.

Manhattan, NY Reidy Contracting Group has completed Major League Soccer’s new global headquarters at 2 Penn Plaza, a transformative 126,000 s/f workplace that reflects the league’s growth and vision for the future of soccer in North America.

Queens, NY The New York City Department of Design and Construction (DDC), New York City Department of Transportation (DOT) and the design-build team of lead architect Urbahn Architects, design excellence architect Selldorf Architects and builder Scalamandre-Tully JV

Queens, NY The latest new window line from national manufacturer Crystal Window & Door Systems, the vinyl Series 800, provides solutions for new construction, expansion, and renovation construction challenges. This complete family of single-hung window styles offers superior aesthetics, energy efficiency, ventilation, ease of installation, and dramatic dark finish options.

Queens, NY Forte Construction Corp. has completed the replacement of four elevators at 74 St.–Bdw./Jackson Heights–Roosevelt Ave. subway station, delivered through two separate MTA accessibility contracts sequenced to maintain elevator service and station accessibility throughout construction.