Category: Owners Developers & Managers

Hauppauge, NY After previously receiving assistance from the Suffolk County Industrial Development Agency (IDA) to renovate and expand an existing industrial building, Mason Technologies has amended its plans and now proposes to demolish the existing structure and construct a new facility on the same site.

Manhattan, NY According to governor Kathy Hochul, American Express will build a new global headquarters at 2 World Trade Center, marking the completion of the final commercial office building at the World Trade Center campus. Spanning two million s/f across 55 floors,

Manhattan, NY Fried Frank advised BXP, on the signing of an 275,000 s/f, 20-year lease with Starr, a global investment and insurance organization, at 343 Madison Ave. – a 930,000 s/f premier workplace currently under construction,

Manhattan, NY A comprehensive analysis released by the Small Property Owners of New York (SPONY) finds that the rents of the city’s one million rent-stabilized apartments have significantly declined in real terms since 2016. The analysis finds that Rent Guidelines Board (RGB) one-year increases have failed to keep pace with inflation, widening the gap

Hempstead, NY The Town of Hempstead Local Development Corp. (LDC) has approved the sale of up to $125 million in tax-exempt bonds on behalf of Adelphi University to support a range of capital improvements to its Garden City campus, and, perhaps, refinance previously issued bonds.

On the surface, the One Big Beautiful Bill Act (OBBBA) looks like a win for clean energy investments. It promises bold incentives — like permanent 100% bonus depreciation — that seem tailor-made to help decarbonization projects “pencil” from day one.

Glen Cove, NY RXR in partnership with Chuo Nittochi America Corporation Team, held a groundbreaking ceremony for its newest residential development within Garvies Point — The Arden. Marking RXR’s next phase of the community’s multi-phased transformation of the town’s waterfront on Long Island, The Arden is an upscale and boutique luxury rental building designed to deliver a members club–style living

Challenges exist despite advantages: Quality-of-life, strategic access to the New York metro economy, and demand for industrial, multifamily, healthcare, and retail assets. The Hudson Valley commercial real estate market stands at

Long Island City, NY Retro Recess is coming to the Metropolitan Building in Long Island City. Created by longtime LIC resident and internationally recognized vintage arcade collector Bill Kloos, Retro Recess is designed as a welcoming, multi-generational space where nostalgia, play, and community come together.

Manhattan, NY RFR said that MIC Capital Partners, the private equity arm of the $330 billion sovereign wealth fund Mubadala Investment Co., has expanded its footprint at the Seagram Building to 54,642 s/f.

Brooklyn, NY Two Trees Management Co., a Brooklyn-based, family-owned real estate development firm, has seven new office leases in DUMBO: Think! Architecture + Design, Group Project Design, Clarity Cubed, Rovi Health, Bonside, CTS Builders, and Veda Tech. Totaling over 17,000 s/f, these leases contribute

Manhattan, NY According to GFP Real Estate, LLC, Doorlist Event Management, Inc. (DoorList), an app designed for college students to create and manage social events on campus, has signed a new three-year lease for 3,062 s/f on the third floor of 322 Eighth Ave. in Chelsea.