Category: Owners Developers & Managers

As BOMA New York commemorates Women’s History Month, we take pride in recognizing all exceptional women who are not only shaping the present but also defining the future of commercial real estate. These visionary leaders have achieved remarkable success throughout their careers, and their influence extends far beyond personal accomplishments. They serve as role models, inspiring and mentoring others across our community in New York City. 

Brooklyn, NY The project team of developer Claysson Marks Realty Corp., architect IMC Architecture, interior designer StudioSC and contractor Royal Builders completed construction of 462 St. Marks Ave., a boutique elevator condominium building with a collection of 19 one-, two-

Queens, NY Stellar Management, a real estate developer, investor, and manager with over 35 years of experience, has completed Astoria Pointe, a nine-story, class A, 53,748 s/f, mixed-use office building located at 35-01 and 36^th Ave. on the border of Long Island City and Astoria.

Brooklyn, NY Alloy Development (Alloy) has selected Radial Power and MaxSolar to provide 100% renewable energy at New York City’s first all-electric residential tower, 505 State St., through two separate community solar agreements – helping it to reach its goal of being NYC’s first all-electric,

Manhattan, NY Optimum Asset Management, a real estate investment and development firm, has commenced  closings at 222 LES Tower + Lofts, its new boutique condominium downtown. Situated on the Lower East Side, 222 LES Tower + Lofts offers an intimate collection of light-filled residences and a suite of indoor and outdoor amenities,

As we navigate the transition from remote work to returning to the office, BOMA New York acknowledges the significance of in-person collaboration and the many benefits it offers. At BOMA New York, we encourage all our members to embrace the opportunity to return to the office, not only for increased productivity but also for the vital relationship-building that in-person collaboration fosters. 

Brooklyn, NY RIPCO Real Estate completed the sale of 168 Pacific St. in Cobble Hill, for $4.775 million. The three-family building measures 4,200 s/f and is a four-story brick brownstone situated on a tree-lined street between Clinton and Court St. The sale price equated to over $1,100 per s/f. The seller delivered the property vacant allowing the buyer to immediately begin a gut renovation of the entire property.

Mott Haven, NY The Domain Companies has closed $218.6 million in financing for Estela, a two-building mixed-use development that has brought 544 mixed-income, homes and 10,000 s/f of ground-floor retail in the South Bronx. Freddie Mac’s Forward Commitment program provided long-term permanent financing through JLL Real Estate Capital.

Manhattan, NY Brown Harris Stevens Residential Management (BHS Residential Management), LLC has named Richard Horovitz president of the company. In this role, Horovitz will oversee the BHS Residential Management, LLC company as well as an extensive portfolio of cooperatives and condominiums in some of Manhattan’s most desirable buildings.

Manhattan, NY Soloviev Group, a real estate development firm, began a new collaboration with Kent Hospitality Group (KHG) to enhance the suite of luxury amenities at its office property, 9 West 57^th St. The new food and beverage amenities  —  available exclusively to tenants of the building and their guests —

Manhattan, NY BXP, one of the largest publicly traded developers, owner, and manager of premier workplaces in the U.S., signed a 246,000 s/f long-term lease renewal and expansion with KnitWell Group at 7 Times Sq. The 20-year lease comprises the existing approximately 191,000 s/f premises plus two additional full floors totaling 55,000 s/f.

Manhattan, NY Joseph Moinian, CEO and founder of The Moinian Group, has completed the full payment of over $630 million in principal and interest on bonds issued through Moinian Limited, the company’s publicly reporting subsidiary on the Tel Aviv Stock Exchange (TASE).