Covenant House breaks ground on $128 million 80,000 s/f facility; Project team includes: Denham Wolf, FXCollaborative and Levien & Co.

Manhattan, NY For the first time in Covenant House’s 47-year history, the organization has launched a campaign to design and build a new residential facility for the youth overcoming homelessness in New York City.

SL Green Realty tops out One Vanderbilt office tower at 1,401 feet; Project team includes: AECOM Tishman and KPF

Manhattan, NY According to SL Green Realty Corp., its office tower, One Vanderbilt in East Midtown, has topped out at 1,401 ft. With construction managed by AECOM Tishman and design by Kohn Pedersen Fox (KPF) Associates...

Mattone launches CFM Development

Queens, NY After 38 years of working at The Mattone Group, Carl Mattone Sr. has launched his new real estate development firm, CFM Development, along with his children Carl Jr. and Irene. The company will focus on retail...

CPC and Gotham Org. to build mixed-use development on the Lower East Side; Designed by Dattner Architects

Manhattan, NY The Chinese-American Planning Council (CPC) and the Gotham Org. have moved forward with its plans to build a new 40,000 s/f headquarters for CPC, entering the city’s uniform land use review procedure (ULURP).

NAIOP NYC hosts Cultural Development Panel on September 18th

Manhattan, NY NAIOP NYC hosted its Cultural Developments Panel on September 18^th at Gensler’s office. The panel examined the complex process of planning, implementing and managing new...

Lascher joins Breaking Ground as senior managing director

New York, NY Breaking Ground, one of New York’s largest supportive housing developers and managers, has appointed Michael Lascher, senior managing director and global head of real estate debt capital markets at Blackstone...

Selfhelp and Briarwood complete $20 million affordable housing development; Project part of Governor Cuomo’s five-year housing plan

Brooklyn, NY According to governor Andrew Cuomo, a $20 million affordable and supportive housing development in the Lefferts Gardens neighborhood has been completed. The new development at 333 Lenox Rd.

Yonkers, New Rochelle and White Plains mayors address real estate leaders

Rye Brook, NY Mayors from Westchester's largest cities told members of Westchester's largest residential real estate company that the county's cities are thriving and on the cusp of an economic development revival.

Silverbeck’s 109-unit HERO LIC development hits effective status

Queens, NY According to real estate owner, developer and investor Silverback Development, the firm’s first project in Long Island City, HERO LIC, hit effective status in record time for the neighborhood, after...

Demand increases for transit-oriented workforce housing: Opportunities for investors and renters - by Ron Kutas

In June, NYS passed the Housing Stability and Tenant Protection Act of 2019, a far-reaching effort to expand the scope of rent regulations. The impact has been swift and dramatic. In addition to the long-term effects on the NYC rental housing market...