Owners Developers & Managers

Park Tower Group opens Due Madri’s second location at 535 Madison Ave.

Manhattan, NY Park Tower Group, real estate developer and manager, has recruited the two women who founded and operate the popular Due Madri eatery at Market 57 to create a second location at its existing kiosk located in the public plaza outside its 535 Madison Ave. office tower in the Plaza District.

Naftali Group unveils Williamsburg Wharf -
one million s/f multi-phase development

Brooklyn, NY Naftali Group, a privately held global real estate development and investment firm based in New York, which is partnering with Access Industries, a U.S.-based private holding company, have released the official unveiling of Williamsburg Wharf, a 3.75-acre master-planned development and resort-style destination

Getlin joins Manhattan Skyline Management as director of property management and operations

Manhattan, NY Sara Getlin has joined Manhattan Skyline Management Corp. as director of property management and operations. Getlin will help oversee Manhattan Skyline’s residential portfolio, which encompasses several thousand luxury apartments in desirable neighborhoods, as well as the firm’s retail holdings.

Innovo Property Group to develop
Review Avenue Complex - 736,000 s/f

Long Island City, NY Innovo Property Group (IPG), a New York City-based real estate investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has planned its newest purpose-built multistory urban industrial facility, The Review Avenue Complex. Located in the Borden Innovation District at 28-90 Review Ave.

New inspection requirements for parking structures - by Miguel Lizardo

Starting this year, the DOB will require more thorough and frequent special inspections for parking structures, with deadlines as near as August 1, 2024. Since establishing the Periodic Inspection for Parking Structures (PIPS) program in 2022, the DOB has been making major strides to improve parking garage safety.

Aircuity enables annual calibration cycles for CO2-only systems

New York, NY Aircuity has continued innovation for our ‘CO2 Only’ clients; now enabling annual calibration cycles. Aircuity transitioned to an annual calibration cycle in April for systems sensing and controlling using solely carbon dioxide. The change is supported by a three-year study of data

Halcyon Management leases 50% of 554-unit residence 60 Wharf Dr.

Brooklyn, NY The leasing team at 60 Wharf Dr., the 40-story glass-clad tower on the Greenpoint waterfront, has leased 50% of the 554 residences . The leasing program, which initially focused on the first 21 floors, has been extended to the upper portion of the building, from the 22nd to 40th floors.

United Group elevates Smetana to chief developing officer

Troy, NY Jeff Smetana of The United Group of Companies, Inc. has been promoted to chief development officer. In this role, Smetana will continue to oversee operations within the development department as well as collaborate with the department on future growth opportunities including additional developments

Two Trees Management launches sales at One Domino Square

Brooklyn, NY Two Trees Management, a Brooklyn-based, family-owned real estate development firm, has launched sales at One Domino Square, the third ground-up residential skyscraper at the Domino Sugar Factory site along the Williamsburg waterfront. Located at 8 South 4th St., the 39-story mixed-use condominium

Multifamily New Construction: Is air-source the solution to electrification of apartments? VRF vs. PTHP - by Jamie Fales

When choosing between Variable Refrigerant Flow (VRF) technology and Packaged Terminal Heat Pumps (PTHPs) for new construction buildings, it’s important to be aware of the key differences in installation and maintenance. Exploring factors like equipment setup, testing, air sealing, and efficiency helps building managers