Category: Owners Developers & Managers

One Domino Square’s Penthouse 1B breaks North Brooklyn record with $7.75 million sale

One Domino Square’s Penthouse 1B breaks North Brooklyn record with $7.75 million sale

July 21, 2026
Brooklyn, NY Two Trees Management Co., a Brooklyn-based, family-owned real estate development firm, today announced that Penthouse 1B at One Domino Square is in contract for $7.75 million. This home is both the largest and most expensive in the building,
Yonkers IDA approves five residential projects for affordable housing

Yonkers IDA approves five residential projects for affordable housing

July 21, 2026
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) has long played a pivotal role in the economic renaissance underway. Building on the momentum of record years in 2024 and 2025, the YIDA voted final and preliminary approval of financial incentives for five residential projects
Vornado Realty Trust’s PENN 2 achieves 90% leased

Vornado Realty Trust’s PENN 2 achieves 90% leased

July 21, 2026
Manhattan, NY Vornado Realty Trust’s PENN 2, a reimagined office tower in The Penn District campus, is now 90% leased after completing full-floor leases with both Altana AI and Veeva.
Ameriprise Financial renews lease for 37,704 s/f at One World Trade Center

Ameriprise Financial renews lease for 37,704 s/f at One World Trade Center

July 21, 2026
Manhattan, NY The Durst Organization and The Port Authority of New York and New Jersey today announced that Ameriprise Financial, Inc. (Ameriprise) has renewed the company’s lease at One World Trade Center. The global financial services firm has had a corporate presence at One World Trade Center since 2016
Village of Greenport, Long Island emerging as expanding retail and hospitality hub

Village of Greenport, Long Island emerging as expanding retail and hospitality hub

July 21, 2026
Greenport, NY The Village of Greenport, located on the North Fork of Long Island, is reemerging as a hub for entrepreneurs, artists, retailers and hospitality ventures. “Greenport possesses a level of authenticity, character and community identity that is increasingly rare today.
Roland to launch first flagship store with 7,519 s/f lease brokered by Midtown Commercial Real Estate and Newmark

Roland to launch first flagship store with 7,519 s/f lease brokered by Midtown Commercial Real Estat...

July 21, 2026
Manhattan, NY On May 20, 2026, Roland, the well-known music brand from Japan, signed a 5 year lease with an additional 5 year option, to launch their first U.S. flagship retail and showroom space in Manhattan’s Meatpacking District. The new space, 414 West 14th St., will occupy the entire 3,779 s/f ground floor and the 3,740 s/f lower level for a total of 7,519 s/f. The grand opening is estimated to be October 10, 2026, with a ribbon cutting ceremony.
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.