Owners Developers & Managers

Enterprise completes $82M deal to create senior housing; Team: HCR, HPD, Fortune Society, Bronx Pro Grp. & UMCS

Bronx, NY Enterprise Housing Credit Investments, LLC, NYS Homes and Community Renewal (HCR), the NYS Department of Housing Preservation and Development (HPD), the Fortune Society, Bronx Pro Group, and the United Methodist City Society (UMCS) have...

FirstService appointed to oversee property management at 53 West 53rd above MoMA

Manhattan, NY FirstService Residential, a leading property management company, has been appointed to oversee the management of 53 West 53rd St., an 82-story condominium property in Midtown. Located adjacent to and above the Museum of Modern Art (MoMA),

L&L Holding and OCDM top out 35,000 s/f, two-story rooftop addition; Future home of Mastercard designed by STUDIOS Architecture

Manhattan, NY L&L Holding Co. chairman and CEO David Levinson and president and CIO Robert Lapidus, along with OC Development Management (OCDM) president and principal Jonathan Ninnis, were joined by over 100 construction workers, designers and engineers to celebrate

TapCap launches digital multifamily lending platform

New York, NY TapCap has officially launched. TapCap thrusts the stale, outdated commercial lending model into the future by introducing a cutting-edge digital approach to the multifamily loan process that is simple, transparent and secure. Through TapCap's digital platform and multifamily loan app

Madison Equities’ 212 Fifth Avenue 48-unit development is 100% sold out; Designed by Pembrooke & Ives and Helpern

Manhattan, NY According to Madison Equities, 212 Fifth Ave. is 100% sold. The 24 story, 48-unit, landmark neo-Gothic early skyscraper is situated in Madison Square Park, north of the Flatiron Building and south of the Empire State Building.

Cortazzo joins CCW as territory sales specialist

New York, NY Steven Cortazzo has joined Carlisle Coatings & Waterproofing (CCW) as territory sales specialist to keep the design community in the New York City metro area informed about key waterproofing solutions, including those for exterior walls and foundations on new construction projects.

Demand for land in Jamaica is going to take off - by Taic and Mandell

Real estate developers remain fond of Queens, driven by the large parcels of desirable land and attractive pricing. As likely changes to rent regulation laws weigh on NYC’s investment sales market, the stability of owning land should become increasingly alluring to investors.

Defining a Smart Building: The excitement on this market continues to grow - by Nora Swanson

The excitement surrounding Smart Buildings continues to grow, but the industry does not currently have a standardized definition of what makes a building “smart” or “intelligent.” At the very least, everyone can agree that a Smart Building should use automated processes to control a facility’s operations.

The ecosystem of waste: Together we can open a portal into the circular economy - by Nadine Cino

It’s backing up on us…waste that is. China’s decision to ban plastic and e-waste imports has thrown waste and recycling markets into turmoil. “The University of Georgia has estimated that China’s ban on imported recyclables will leave 111 million metric tons of trash...

Life insurance liquidity: Critical component of an overall estate/financial plan for real estate owners - by Patrick Di Cerbo

Estate tax with an effective rate of taxation approaching 50% in larger estates, causes many real estate families concern. Life insurance is often considered as part of an overall plan to supply liquidity/cash at the inevitable death of an owner. The transfer tax from one generation to another ...