Owners Developers & Managers
The Domain Companies closes $218.6m in
financing for Estela - 544 mixed-income units
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.
Horovitz named president of Brown Harris Stevens Residential Management
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.
Soloviev Group and Kent Hospitality Group launch dining and hospitality offerings at 9 West 57th St.
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 57th St. The new food and beverage amenities — available exclusively to tenants of the building and their guests —
BXP signs 246,000 s/f lease renewal with KnitWell Group at 7 Times Square
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.
The Moinian Group completes payment of $630m in bonds issued through Moinian Limited
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).
Two Trees Management debuts Williamsburg’s first waterfront ice rink
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
L+M Development Partners implements new CFO and president of property management
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,
Vornado Realty with USGBC achieve LEED certification across in-service portfolio
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.
JLL completes 3,413 s/f lab lease for Waypoint Bio
Manhattan, NY JLL has completed a new lab lease for pioneering biotech startup Waypoint Bio at 430 East 29th St. within the Alexandria Center for Life Science. A startup founded in 2021 with a mission to leverage AI, pooled screening, and spatial biology
Simone Development features winter exhibit at The Gallery of ARTFul Medicine
Bronx, NY Simone Development Companies has opened “A(I) Brighter Tomorrow: Cancer and Beyond”, a new winter exhibit at The Gallery of ARTFul Medicine, located in the lobby of Simone Development’s Hutchinson Metro Center’s Tower One at 1250 Waters Pl. The exhibition opened to the public on January 24th