L+M Development Partners, Triangle Equities, and Bluestone Organization open affordable housing lottery

Queens, NY L+M Development Partners, Triangle Equities, and The Bluestone Organization have opened the affordable housing lottery for units at Beach Green Dunes III in the Far Rockaway community of Edgemere. 

TF Cornerstone and SCAPE Landscape Architecture hold grand opening of Malt Drive Park

Queens, NY TF Cornerstone (TFC) and SCAPE Landscape Architecture have offically opened Malt Drive Park, an expansive park along the Newtown Creek waterfront in Hunter’s Point South. Named for the former beer distribution center that once occupied the site, Malt Drive Park is a public space

Daisy AI-powered platform ranks among NYC’s top ten property management firms

Manhattan, NY Daisy, which launched three years ago, has made history as the first AI-driven property management company to rank among the top 10 property management firms in New York City. The company’s recent expansion into New Jersey highlights its continued growth beyond its portfolio of over 150 buildings.

RXR names Schwartz executive vice president of real estate credit

Manhattan, NY RXR has hired Steven Schwartz, a long-time senior executive with over 30 years of real estate credit experience, as executive vice president of real estate credit. In his new role, Schwartz will lead RXR’s growing credit platform, which has originated billions of dollars of real estate loans in recent years across a range of sectors

Time Equities, Inc. partners with MicroGrid Networks to transform renewable energy usage

Manhattan, NY Time Equities, Inc. (TEI), has partnered with MicroGrid Networks (MGN), a portfolio company of SER Capital that’s revolutionizing the use of renewable energy and grid efficiency in New York City (NYC). Currently, MGN has an exclusive agreement with six of TEI’s NYC residential and commercial properties including 50 West

Rabina tops out 520 Fifth Ave. at 1,002 ft. with Suffolk and Kohn Pedersen Fox

Manhattan, NY New York-based, family-owned and operated real estate investment and development firm Rabina has topped out of 520 Fifth Ave., a construction milestone for the project. Once complete in 2025, the mixed-use tower will stand at a height of 1,002 ft., cementing its place as the tallest mixed-use building on Fifth Ave., further redefining Midtown and the New York City skyline.

Alloy Development’s 505 State St. reaches 80% leased

Brooklyn, NY Alloy Development’s (Alloy) progress in leases at 505 State St., the city’s first all-electric skyscraper, have achieved the current fastest leasing pace downtown, with 80% of apartments leased since the building’s launch in March 2024. The 44-story tower located at the intersection of State St. and Flatbush Ave.

New Empire Corp. launches sales at 131-unit Centric

Queens, NY New Empire Corp., a New York-based development and construction management firm, has launched sales at Centric, a luxury 131-unit condominium currently under construction in Woodside. Located at 58-01 Queens Blvd. with skyline views

Professional Women in Construction’s Healthcare Forum provides insights from industry leaders

Manhattan, NY The New York chapter of Professional Women in Construction (PWC-NY) recently hosted a Healthcare Forum, bringing together top industry professionals to examine current design and construction projects as well as to discuss the vision for the future of this sector.

IREM NYC donates Clay Shoot proceeds to GiGi’s Playhouse

Manhattan, NY IREM NYC has donated the net proceeds of their Sixth Annual Clay Shoot to two local charities, SHAREing & CAREing and GiGi’s Playhouse. A check in the amount of $31,573 was presented to Jane Providenti, co-president of GiGi’s Playhouse NYC at the organization’s annual gala at City Winery in October.