Bronx, NY Mayor Eric Adams and governor Kathy Hochul made known the completion of YP Senior Residence, a 117-unit affordable housing development in the Morris Heights neighborhood reserved for older New Yorkers who meet specific income restrictions. The $81 million project includes 37 supportive apartments
Manhattan, NY RIPCO Real Estate has secured $76.7 million in first mortgage construction financing for 842 Sixth Ave., a luxury condominium development located in the NoMad neighborhood. Upon completion, the 27-story building will comprise 101 units and total 85,176 sellable s/f, including 100
Albany, NY X Team Retail Advisors, a national platform comprised of nearly 400 retail real estate specialists spread across nearly 50 markets in the U.S. and Canada, continues to expand its national footprint. The latest to join as an affiliate member is Trinity Realty Group (TRG), a market-leading retail
White Plains, NY CBRE brokered the sale of 1 Water St., a 1.3-acre development site to David Gaber of Bijou Properties and Kavneet Sethi of Green Property LLC. The CBRE team of Jeffrey Dunne, Eric Apfel, and Travis Langer represented the seller, Veris Residential.
Bronx, NY Heritage Affordable Communities (HAC) acquired Claremont Park, a 101-unit affordable housing property. Originally developed in 2007 through the Low-Income Housing Tax Credit (LIHTC) program, this year 15 preservation transaction ensures continued stability and long-term affordability for residents.
Bronx, NY Longacre, a joint venture between Peter Hungerford’s PH Realty Capital and David Kaye and Joe Listhaus’s Rockledge, has acquired the Simply Better Affordable Housing portfolio from Related. The portfolio comprises 2,021 rent-stabilized units across 34 multifamily properties,
Manhattan, NY AmTrust RE has finalized a lease with Rose & Rose for 14,067 s/f of space at 250 Bdwy., the firm’s office tower in Lower Manhattan. AmTrust’s Anne Holker and a CBRE team of Brad Gerla, Michael Rizzo, and Alex Benisatto represented the landlord in the transaction, while Jacob
Manhattan, NY DLA Piper welcomes Ryan Hanofee as a partner in the real estate practice. He will spend time in the firm’s Boston and New York offices. Hanofee has a wide-ranging real estate practice that includes single asset and portfolio joint ventures, financings, acquisitions
Manhattan, NY RFR’s Seagram building had three lease renewals among long-term tenants. Home Depot co-founder Ken Langone’s Invemed Associates and Bill Berkley’s Berkely Insurance Group have committed to lease renewals that will bring their tenancies at Seagram to 33 years and 17 years,
Manhattan, NY According to
SL Green Realty Corp., Tom Ford Fashion has signed a new 10-year, 11,118 s/f office lease at 500 Park Ave. Tom Ford Fashion will occupy part of the building’s sixth floor, bringing the building to 100% leased.
