Category: Owners Developers & Managers

A victory for New York City renters — and a REBNY must answer - by Joseph Aquino

A victory for New York City renters — and a REBNY must answer - by Joseph Aquino

July 15, 2026
A federal appeals court has handed the Real Estate Board of New York another defeat in its effort to overturn New York City’s FARE Act.
SL Green and Mori Building Co., Ltd. form joint venture for new development at 346 Madison Ave.

SL Green and Mori Building Co., Ltd. form joint venture for new development at 346 Madison Ave.

July 14, 2026
Manhattan, NY SL Green Realty Corp., one of the city’s largest office landlord, today announced that it has closed on the sale of a 49.0% joint venture interest in the development of 346 Madison Ave.to Mori Building Co., Ltd., Japan’s leading urban landscape developer, at a gross valuation of $175.0 million.
Global Holdings completes $30 million capital improvement program of 99 Park Avenue

Global Holdings completes $30 million capital improvement program of 99 Park Avenue

July 14, 2026
Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has completedits $30 million strategic repositioning of 99 Park Avenue, a 600,000 s/f Class A office tower located steps from Grand Central Terminal.
Co-op leaders celebrate expansion of J-51 Program

Co-op leaders celebrate expansion of J-51 Program

July 14, 2026
Douglaston, NY Assemblymember Braunstein joined local co-op leaders, shareholders, and elected officials to celebrate the renewal and expansion of the J-51 program: a longstanding New York City tax incentive
Katherine Acre breaks ground on 170,000 s/f multifamily development in Port Chester

Katherine Acre breaks ground on 170,000 s/f multifamily development in Port Chester

July 14, 2026
Port Chester, NY Katherine Acre Partners (Katherine Acre or KAP) celebrated the groundbreaking of 28 Pearl S., one of Port Chester’s newest residential developments. The project is a nine-story, 170,000 s/f multifamily building featuring 140 residential units (14 of which will be designated as affordable)
Gilbane, Strada Development, and CUCS reach financial close for $170m affordable housing development

Gilbane, Strada Development, and CUCS reach financial close for $170m affordable housing development...

July 14, 2026
Bronx, NY Gilbane, in partnership with Strada Development LLC and the Center for Urban Community Services (CUCS), has reached financial close for 1920 Turnbull, a transformative, over $170 million affordable and supportive housing development located at 1920 Turnbull Ave. in the Castle Hill/Soundview neighborhood.
Continuum Company launches sales for The Morgan, 18-story residence

Continuum Company launches sales for The Morgan, 18-story residence

July 14, 2026
Manhattan, NY Continuum Company has launched sales for The Morgan, its newest residential development. The announcement follows the firm’s continued growth in Florida
Landau Properties breaks ground on One Montague Place - 46 condominums

Landau Properties breaks ground on One Montague Place - 46 condominums

July 14, 2026
Brooklyn, NY Landau Properties, in partnership with the Mizrachi family’s Third Millennium Group and Midtown Equities, commenced the groundbreaking of One Montague Pl., the mixed-use development in Brooklyn Heights.
United American Land with Dreamscape unveil BKX - 440,000 s/f retail and entertainment destination

United American Land with Dreamscape unveil BKX - 440,000 s/f retail and entertainment destination

July 14, 2026
Brooklyn, NY United American Land, a family-owned real estate development, investment and management company, together with partners The Jackson Group and Dreamscape Retail & Entertainment, unveiled BKX, a retail and experiential destination
The Domain Companies tops out  Majestic - 10-story residence

The Domain Companies tops out Majestic - 10-story residence

July 14, 2026
Brooklyn, NY According to The Domain Companies, Majestic, a new 10-story residential building located at 540 Degraw St. in Gowanus, has topped out.
Simone Development and NYC SCA sign  long-term lease to create Bronx STEAM Center

Simone Development and NYC SCA sign long-term lease to create Bronx STEAM Center

July 14, 2026
Bronx, NY Simone Development Companies announced that the New York City Construction Authority (SCA) has signed a long-term lease to establish the new Bronx STEAM Center in 54,245 s/f across two floors at the Hutchinson Metro Center Atrium
SMPS NY Recaps “Humans at the Helm: Guiding AI in Proposal Management”

SMPS NY Recaps “Humans at the Helm: Guiding AI in Proposal Management”

July 14, 2026
Manhattan, NY SMPS New York hosted “Humans at the Helm: Guiding AI in Proposal Management,” a virtual program that expanded on one of the most talked-about sessions from the 2026 SMPS Northeast Regional Conference.