Global Holdings launches $30m in
capital improvement at 99 Park Ave.

Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has secured a $30 million capital improvement program at 99 Park Ave., its class A office tower located near Grand Central Terminal.

Lendlease and Aware Super unveil The Riverie - 834-unit multifamily development - design by Marvel

Brooklyn, NY Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at 1 Java St. along the waterfront in Greenpoint. With leasing starting in 2025,

RiseBoro Community Partnership closes $412.4m in financing for Phase II of Alafia mixed-use development

Brooklyn, NY RiseBoro Community Partnership has closed on $412.4 million in financing for the second phase of Alafia, a wellness-oriented mixed-use development designed to address the chronic social, economic, and health disparities in East New York.

Alloy Development secures $290m
in financing for 505 State St.

Brooklyn, NY Alloy Development (Alloy) has secured $290 million in permanent financing for 505 State St., New York City’s first all-electric skyscraper, located at the intersection of State St. and Flatbush Ave. The financing, provided by New York Life Real Estate Investors,

Tishman Speyer to develop 339-unit
affordable residence with $222m in financing

Bronx, NY Tishman Speyer’s TS Communities, the firm’s affordable housing development platform,  has secured financing and will begin construction in January on an eight-story, 100% affordable apartment building at 160 Van Cortlandt Park South in the Kingsbridge neighborhood.

Kamara of The Durst Organization to be chairman of YM/WREA of New York

Manhattan, NY Sayo Kamara, associate director of commercial leasing at The Durst Organization, has been elected to serve as the 2025 chairman of the Young Men’s/Women’s Real Estate Association of New York (YM/WREA). Kamara is the first African American to lead the organization.

TF Cornerstone signs 5,814 s/f in retail leases at Malt Drive development

Queens, NY TF Cornerstone (TFC) has gone through the first round of lease signings at its new Malt Dr. development in the Hunter’s Point South. Four tenants signed a total of 5,814 s/f across a variety of industries: Stepping Stone Café by Maman; Dear sundays; FER Restaurant; and JoJo & Co. Pet Club, will occupy ground floor retail spaces

The Arc Westchester receives $197,688 in grants from NYSARC Trust Services

Hawthorne, NY The Arc Westchester, a not-for-profit organization supporting people with developmental disabilities in Westchester County, has been awarded $197,688 in grants from the trustee management board of NYSARC Trust Services to support The Arc Westchester’s guardianship and recreation programs.

Product of the Month: OverBooked AI: Redefining lead management in the home services industry

New York, NY Never miss another lead — and never pay until you profit. At OverBooked AI, we help you turn missed opportunities into real revenue by ensuring every potential client is engaged, qualified, and booked — day or night.

The Moinian Group begins leasing at ARIA - 114-unit luxury residence

Manhattan, NY The Moinian Group has launched leasing for 114 luxury residences at the newly named ARIA, located at 90 John St. in the Financial District. Move-ins at the newly completed residences are slated to commence by the end of 2024.