SL Green completes 18,700 s/f StreetSquash Center at Kalahari
In a ceremony on November 20, SL Green's StreetSquash Center - a new outpost of the nonprofit youth enrichment organization StreetSquash - opened its doors at Kalahari at 40 West 116th St., according to Ron Moelis, one of Kalahari's developers.
"We are thrilled to welcome SL Green's StreetSquash Center to Kalahari," said Moelis. "There is a shortage of parks and recreation facilities in New York, and having an organization like StreetSquash at Kalahari is a perfect fit for our approach to community sustainability. In addition to being designed and built to the U.S. Green Building Council's LEED Silver Certification, we want Kalahari to extend our commitment and contributions to sustainability into the community."
SL Green's StreetSquash Center will occupy an 18,700 s/f commercial condominium within Kalahari, offering the finest sustainable technologies and modern amenities for which the development is recognized. The condominium features eight squash courts, four classrooms, a library and several administrative offices for its 13-person staff.
"Our mission at StreetSquash is to provide consistent, long-term and reliable support to the children, families and schools in Harlem," said George Polsky, founder & executive director.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent