Bronx, NY Capitol Fire Sprinkler completed a comprehensive fire protection project at the Hunts Point Library, 877 Southern Blvd. The new fire safety systems are part of a $32 million renovation project at the landmark building and include the installation of a fire sprinkler system installed
Brooklyn, NY RFR sold its development site located at 175 3
rd St. in the Gowanus neighborhood. Tavros Capital and Charney Companies acquired the 750,000 s/f site – one of the largest development sites in in the newly rezoned Gowanus submarket – for $160 million. After several years
Queens, NY The Port Authority of New York and New Jersey, in partnership with Realterm and Worldwide Flight Services (WFS), celebrated the opening of a new $270 million consolidated cargo handling center at John F. Kennedy International Airport (JFK). As the first new cargo facility at JFK in 25 years, this new cargo center will consolidate operations from four separate cargo zones
Manhattan, NY JRM Construction Management has completed the Wellness Center at the Hospital for Special Surgery (HSS). The 5,400 s/f facility provides holistic wellness solutions for HSS’s employees – offering an inviting space that addresses healthcare worker burnout and promotes both mental and physical wellbeing.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Manhattan, NY CM&B has promoted Tom Tassinari to executive vice president and chief operating officer (COO) at CM&B. In this role, Tassinari will oversee the internal operations of their Boston and New York offices. His promotion is a direct reflection of the leadership, dedication, and strategic contributions he has made throughout his 15 years
Manhattan, NY Neighborhood Housing Services of New York City, Inc. (NHSNYC) has appointed Tywan Anthony as director of property management & real estate training. In this role, Anthony will lead the newly established property management and training division at NHSNYC, focusing on enhancing technical expertise, educational resources, and overall support for industry
Brooklyn, NY Work has officially commenced at Technico Construction Services latest New York City School Construction Authority (NYCSCA) project, PS82 at 63-14 14
th Ave. This new $63.711 million ground-up middle school will soon become an educational hub for over 450 students, spanning four floors and 65,000 s/f. Designed by the DLR Group, PS82 will offer
Queens, NY Brax Realty negotiated the sale of a five-building portfolio located across Harlem and Queens for a total purchase price of $8.22 million. The properties included 1873 Lexington Ave., 149 East 116
th St., 151 East 116
th St., 175 East 116
th St., and 220-20 Merrick Blvd. The sale marks the first time this portfolio has changed hands
Brooklyn, NY According to OPEN Impact Real Estate (OPEN), Bike New York has signed a new 10-year lease for 8,619 s/f on the third floor of Industry City’s 4014 1
st Ave. The new space will house Bike New York’s Recycle-a-Bicycle program.
