MacQuesten Development, LLC recognized as 2025 Developer of the Year Award by Bronx Chamber of Commerce

Bronx, NY According to The Bronx Chamber of Commerce, MacQuesten Development, LLC will be honored with the 2025 Developer of the Year Award at its annual gala: Illuminating Success, to be held on Thursday, September 18, 2025, at the Marina del Rey waterfront venue. The Developer of the Year Award recognizes a firm that exemplifies excellence in real estate development, from bold urban visioning to innovation in design and construction

PRC under new ownership and rebrands to People Restoring Communities

White Plains, NY Matthew and Benjamin Linde have officially acquired full ownership of PRC, a national real estate firm based in New York specializing in affordable housing, which has rebranded from Property Resources Corporation to People Restoring Communities. This transition marks a new chapter for the organization

LCOR launches leasing at Allen - 28-story residential tower

New Rochelle, NY LCOR, a real estate investment, development, and management firm, launched leasing at Allen, its newest 28-story residential tower. Delivering 307 designed residences, including 31 affordable units, the residential community introduces a new standard of contemporary urban living to one of Westchester County’s evolving city centers.

Silverstein Properties, Rush Street Gaming, and Greenwood Gaming & Entertainment forms restaurant partnerships for The Avenir

Manhattan, NY Silverstein Properties, Rush Street Gaming, and Greenwood Gaming and Entertainment today have formed their restaurant and food partnerships for The Avenir, a mixed-use entertainment complex proposed for the Far West Side: a mix of locally loved favorites and globally recognized names that are certain to make the project one

Tap into your adaptive reuse project’s maximum marketing potential - by Stacey Ross Cohen

From empty offices to modern apartments, vacant retail to reimagined hospitality, abandoned warehouses to vibrant food halls – developers are simultaneously breathing new life into old buildings and reshaping communities with impactful new developments. In partnership with their clients, they are reinvigorating downtowns, erecting tourist destinations and generating important economic activity. 

JLL facilitates two leases at 60 Broad St. - 14,470 s/f

Manhattan, NY JLL has arranged two new leases at 60 Broad St., the 39-story glass and steel Financial District skyscraper owned by Piedmont Realty Trust. The Center for New York City Neighborhoods, a nonprofit organization that works to protect and promote affordable homeownership, signed a 10,979 s/f lease covering part

Fisher Brothers with Blackstone Real Estate as joint venture completes $850 million refinancing

Manhattan, NY According to Fisher Brothers, funds affiliated with Blackstone Real Estate acquired a 46% joint-control interest in 1345 Avenue of the Americas at a full capitalization of $1.4 billion. Fisher Brothers, investing alongside Blackstone, also increased its majority ownership as part of the transaction.

Casoni tops out at 70 stories - by Sioni Group with AB & Sons and design by C3D Architecture

Manhattan, NY Casoni, the 70-story curvilinear luxury residential tower at 989 Sixth Ave. in Midtown near Bryant Park, has officially topped out at its full 785-ft. height — one month ahead of schedule. The champagne-colored, glass tower is now one step closer to completion, marking a major milestone in the transformation of the Garment District skyline. 

Glacier Equities and Intervest Capital commence closings at 720 West End Ave.

Manhattan, NY Closings have commenced at 720 West End Ave., the new luxury condominium that transforms a 1927 Emery Roth-designed pre-war building into a residential address in a landmarked area of the Upper West Side. Developed through a collaboration between Glacier Equities and InterVest Capital Partners, the building has been reimagined by designer Thomas Juul-Hansen

Alloy Development and The Vistria Group close $535 million in capital for second phase of Alloy Block

Brooklyn, NY Alloy Development (Alloy) and The Vistria Group (Vistria) have closed $535 million in capital for construction of the second phase of the Alloy Block and the tallest Passive House building in the world, One Third Ave. Rising to 730 ft., One Third Ave. completes the Alloy Block, joining the two projects in the first phase of development – 505 State St., New York City’s first all-electric skyscraper and 489 State St., the first two public schools designed to meet Passive House standards.