Owners Developers & Managers
The Arc Westchester receives $197,688 in grants from NYSARC Trust Services
Hawthorne, NY The Arc Westchester, a not-for-profit organization supporting people with developmental disabilities in Westchester County, has been awarded $197,688 in grants from the trustee management board of NYSARC Trust Services to support The Arc Westchester’s guardianship and recreation programs.
Product of the Month: OverBooked AI: Redefining lead management in the home services industry
New York, NY Never miss another lead — and never pay until you profit. At OverBooked AI, we help you turn missed opportunities into real revenue by ensuring every potential client is engaged, qualified, and booked — day or night.
The Moinian Group begins leasing at ARIA - 114-unit luxury residence
Manhattan, NY The Moinian Group has launched leasing for 114 luxury residences at the newly named ARIA, located at 90 John St. in the Financial District. Move-ins at the newly completed residences are slated to commence by the end of 2024.
Cozen O’Connor welcomes Cobb to condominiums and cooperatives practice
Manhattan, NY Cozen O’Connor has added real estate litigator Christopher Cobb to its expanding condominiums and cooperatives practice. Cobb brings to the firm nearly three decades of experience as a residential real estate and construction litigator with substantial cooperative housing and condominium practice. He joins the firm as a member and will work out of Cozen O’Connor’s New York City office.
Hudson Boulevard Collective to create Site K - $1.35b mixed-use project
Manhattan, NY According to governor Kathy Hochul, the Hudson Boulevard Collective — a partnership of BRP Companies, BXP, The Moinian Group and Urbane Development, with minority-owned businesses representing 31% of the development team — as the conditionally designated entity to create a transformative $1.35 billion mixed-use project at 418 Eleventh Ave.
Naftali Credit Partners provides $18.5m pre-dev. loan to Urban Development Partners for 167-174 4th Ave.
Brooklyn, NY Naftali Credit Partners, a subsidiary of Naftali Group, have closed on a pre-development loan marking the sixth deal of its second credit fund. Naftali Credit Partners provided a loan of $18.5 million to Urban Development Partners, a New York City-based real estate firm. The pre-development loan is financing 167-174 4th Ave.
Maddd Equities and Aufgang Architects to develop 73-unit mixed-use condo
Manhattan, NY A 73-unit affordable mixed-use condominium will be constructed at 132 East 125 St. at Lexington Ave., bringing home ownership opportunities to the heart of Harlem. Developed by Maddd Equities and designed by Aufgang Architects, the 13-story building will include 7,000 s/f of ground floor retail space and 45,000 s/f of medical offices on the second through fifth floors.
FullStack Modular opens 130,000 s/f CA facility
Carson, CA FullStack Modular has opened a west coast manufacturing facility. This expansion will create approximately 140 new jobs. FullStack Modular and its complete SMEP integrated system can effectively address California’s unmet housing demand through efficient, sustainable offsite construction. FullStack Modular also operates a factory in Connecticut, supporting its success on the East Coast.
Atlantic Development sells 350 Grand Concourse to Shorewood - $28.5m
Bronx, NY RIPCO Real Estate has arranged the sale of 350 Grand Concourse, a development site located in the Mott Haven neighborhood. The buyer, Shorewood Real Estate Group, acquired the site for $28.5 million from Atlantic Development & Investment. RIPCO represented the seller and buyer in this transaction, which just closed.
LCOR leases 3,500 s/f at 1515 Surf Ave. to Milk & Honey
Brooklyn, NY LCOR has signed a retail lease with Brooklyn-based cafe and restaurant Milk & Honey at its newly completed 1515 Surf Ave. This will open the cafe’s third location. 1515 Surf Ave., which features 463 residences on the Coney Island waterfront, will host Milk & Honey in a 3,500 s/f ground-floor space at the corner of West 15th St. and Surf Ave.