Category: Owners Developers & Managers

Neighborhoods, not apartment complexes, build resilient communities that are safer, healthier, and more prosperous - by Paul Adler

Neighborhoods, not apartment complexes, build resilient communities that are safer, healthier, and m...

August 14, 2026
Rockland County doesn’t have a housing crisis. It has a community crisis. We’ve spent years arguing over density, parking ratios, building heights, traffic counts, and sewer capacity.
CNYC releases Co-Op and Condo Affordability report with recommendations for Mamdani Administration and city council

CNYC releases Co-Op and Condo Affordability report with recommendations for Mamdani Administration a...

August 12, 2026
Manhattan, NY The Council of New York Cooperatives and Condominiums (CNYC), a non-profit representing nearly a thousand co-ops and condos across New York City, released a set of “Reasonable Recommendations” for the Mamdani Administration
Alloy Development arranges new retail leases with Muji, Winner and Cardvault

Alloy Development arranges new retail leases with Muji, Winner and Cardvault

August 12, 2026
Brooklyn, NY Alloy Development (Alloy) signed three new retailers at the Alloy Block — MUJI, Winner and CardVault by Tom Brady. MUJI is taking 10,000 s/f for its second Brooklyn location, Winner is opening a new 2,726 s/f cafe
How property reserves work in a Delaware Statutory Trust (DST) - A practical comparison to direct real estate ownership - by Dwight Kay

How property reserves work in a Delaware Statutory Trust (DST) - A practical comparison to direct re...

August 12, 2026
This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.
Preparing for the Pied-à-Terre Tax: Budgeting  and compliance issues for cooperative boards - by Michael Schroder

Preparing for the Pied-à-Terre Tax: Budgeting and compliance issues for cooperative boards - by Mi...

August 11, 2026
By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges
The Market Hall at Manhattan West by Brookfield Properties unveils culinary lineup for fall

The Market Hall at Manhattan West by Brookfield Properties unveils culinary lineup for fall

August 11, 2026
Manhattan, NY Brookfield Properties is proud to unveil The Market Hall at Manhattan West, an elevated, multi-concept dining destination, to one of New York City’s most dynamic neighborhoods. Spanning two levels, The Market Hall combines thoughtful design with a vibrant atmosphere, bringing together a curated collection of new food and beverage concepts, including a rooftop terrace bar.
New York City TLC selects AmTrustRE’s 250 Broadway for new headquarters with 39,000 s/f lease

New York City TLC selects AmTrustRE’s 250 Broadway for new headquarters with 39,000 s/f lease

August 11, 2026
Manhattan, NY According to AmTrustRE, a national real estate owner-developer with more than 12 million s/f of commercial, mixed-use and residential properties across the Northeast, Midwest, and Sunbelt, the New York City Taxi and Limousine Commission (TLC) has selected 250 Bdwy.
TF Cornerstone signs Solerum restaurant to 20-year lease at 2 Gold St.

TF Cornerstone signs Solerum restaurant to 20-year lease at 2 Gold St.

August 11, 2026
Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has arranged a new lease signing with Solerum, an elevated Hawaiian-Caribbean-Asian fusion restaurant, at the base of luxury rental apartment building 2 Gold St.
Hempstead Industrial Development Agency  approves lease for a second Burlington Store

Hempstead Industrial Development Agency approves lease for a second Burlington Store

August 11, 2026
Hempstead, NY Fred Parola, chief executive of the Town of Hempstead Industrial Development Agency (IDA), has approved a new lease at Green Acres Mall for Burlington. It will be the off-price retailer’s second store at Green Acres.
Brookhaven IDA closes on 100% affordable housing complex in Port Jefferson

Brookhaven IDA closes on 100% affordable housing complex in Port Jefferson

August 11, 2026
Port Jefferson, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has closed on a package of economic incentives for a proposed 73,430 s/f, 53-unit
Fisher Brothers signs five leases at 605 Third Avenue totaling 65,000 s/f

Fisher Brothers signs five leases at 605 Third Avenue totaling 65,000 s/f

August 11, 2026
Manhattan, NY 605 Third Ave. is capitalizing on rising demand and rental-rate growth along the Third Ave. corridor. Since April, Fisher Brothers, the fourth-generation real estate company
The Habitat Company starts first phase of 730-unit Marine Drive Apartments redevelopment

The Habitat Company starts first phase of 730-unit Marine Drive Apartments redevelopment

August 11, 2026
Buffalo, NY The Habitat Company, a U.S. multifamily developer and property manager, joined development partners Duvernay + Brooks and Bridges Development, an affiliate of the Buffalo Municipal Housing Authority (BMHA), along with governor Kathy Hochul, residents and community stakeholders to celebrate the start of construction on the first phase of the redevelopment of Marine Drive Apartments public housing complex.