Category: Owners Developers & Managers

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).

Brooklyn, NY The developer and manager of Domino Park, Two Trees Management, began its inaugural holiday season with the debut of Williamsburg’s first waterfront ice skating rink. Residents of Williamsburg and visitors to the neighborhood are invited to a roster of festive programming at the new one-acre public plaza

Manhattan, NY National affordable and mixed-income housing leader L+M Development Partners LLC (L+M) implemented changes to its executive leadership team as the firm continues to advance operations and grow its portfolio in the New York area and nationwide. Joe Curatolo, who has been with L+M since 2021, will now serve as chief financial officer,

Manhattan, NY Vornado Realty Trust, along with the U.S. Green Building Council (USGBC), has become the first major real estate owner, operator and developer to achieve 100% LEED certification across its entire portfolio of in-service buildings. 

Manhattan, NY JLL has completed a new lab lease for pioneering biotech startup Waypoint Bio at 430 East 29^th St. within the Alexandria Center for Life Science. A startup founded in 2021 with a mission to leverage AI, pooled screening, and spatial biology