Owners Developers & Managers
Goodwin signs 250,000 s/f NY
office space lease at 200 Fifth Ave.
Manhattan, NY Goodwin, the global law firm at the intersection of capital and innovation, has signed a lease to relocate its New York office to the 200 Fifth Ave. building in the Flatiron District, overlooking Madison Square Park. The firm plans to complete the relocation to the new space in late 2026.
Feil Organization, Lloyd Goldman, and the Nakash Family to convert 14-story office into a 47-unit luxury condo.
Manhattan, NY The Feil Organization, one of New York City’s premier real estate investment firms, alongside joint venture partners Lloyd Goldman and the Nakash Family, unveiled plans to convert 140 West 57th St., a 14-story office building, into a 47-unit luxury condominium.
Rechler Equity Partners presents
future South Bay Village development
Sayville, NY Rechler Equity Partners presented its reimagined South Bay Village development to more than 70 community members at the MacArthur Business Alliance meeting. The presentation and report focused on the stark contrast between the initial proposal and its current version,
BRP Companies hosts grand opening of
477-unit, 602,000 s/f mixed-use development - The Leaf
New Rochelle, NY BRP Companies celebrated the grand opening of The Leaf (formerly known as 500 Main), a 477-unit, 26-story, 602,000 s/f mixed-use development located at 12 Church St. Construction at the property began in February of 2022. “The Leaf exemplifies our commitment to transformative, community-driven development that delivers high-quality housing and vibrant amenity spaces to the communities we serve,” said Meredith Marshall,
Time Equities, Inc. promotes Goodman to CFO
Manhattan, NY International real estate firm, Time Equities, Inc. (TEI), a diversified investment, development, asset and property management, licensed real estate brokerage, and alternative energy company, has promoted Landon Goodman to chief financial officer.
Global Holdings inks lease with Amalgamated Bank - making 99 Park Ave. 98% leased
Manhattan, NY Global Holdings, real estate development and investment firm led by chairman and founder Eyal Ofer, has arranged a lease with Amalgamated Bank for a 94,045 s/f, 15-year deal within 99 Park Ave. The 26-story Midtown East office tower is currently in the midst of a $30 million capital improvement program featuring a detailed facade redesign and the integration
Syska Hennessy promotes
four to associate partner
Manhattan, NY Syska Hennessy Group, the international engineering firm, has elevated four professionals to associate partner. The group represents three different offices within the U.S. The new associate partners are: Melonee Jenkins, PE, LEED AP BD+C (New York). Jenkins has more than 14 years of experience in mechanical engineering design. Her project portfolio includes offices, education, healthcare, laboratories, data centers
Sioni Group appoints REAL NY marketing agent for 100 West 37th development
Manhattan, NY A 70-story building with a champagne-colored glass curtain wall structure is about to enter the era of luxury living for Midtown South. 100 West 37th St., at the corner of 6th Ave., will bring a futuristic cylinder glass tower to the emerging residential area along with the largest number of ground-up new development units and a new standard of luxury, never before seen in this area.
Leveraging IDA incentives and property tax exemptions for development success - by David Wilkes and Kevin Clyne
Real estate developers operating in New York State know that the high cost of taxes and regulatory compliance can be major obstacles to new construction and redevelopment. To address these challenges, New York has established a network of local Industrial Development Agencies (IDAs) and economic development authorities empowered to offer meaningful incentives to stimulate private investment. Created under the General Municipal Law and Local Authorities Law, IDAs provide a variety of financial tools — including tax abatements
Mulford Corp., Community Builders, and Yonkers Housing Authority to develop affordable community
Yonkers, NY After 15 years in the making, the demolition of the final building of the former Cottage Gardens Housing Complex took place on March 20 to make room for Willow at the Ridgeway, a new community featuring a new 8-story, all-electric, 100% affordable building with 92 units for seniors. Attending the demolition were officials from the City of Yonkers, Yonkers Housing Authority