Category: Owners Developers & Managers

Jungreis of Rosewood completes $9.6 million sale of 54-unit Fordham Heights building

Jungreis of Rosewood completes $9.6 million sale of 54-unit Fordham Heights building

June 18, 2019
Bronx, NY Rosewood Realty Group has completed the $9.6 million sale of a 54-unit Fordham Heights multifamily building. The five-story walk-up at 2474 Valentine Ave. (between East Fordham Rd. and East 188th St.), sold for 11 times the total rent roll. All of the apartments are rent stabilized.
OC Development Management at halfway <br>mark of 368 Ninth Avenue redevelopment project

OC Development Management at halfway
mark of 368 Ninth Avenue redevelopment project

June 4, 2019
Manhattan, NY OC Development Management (OCDM), a New York-based development management firm specializing in turn-key project management and construction management services, is nearing the halfway mark of construction on the base building redevelopment of 368 Ninth Ave.
Starwood Capital reaches agreement to develop 147,000 s/f mixed-use opportunity zone in the Bronx

Starwood Capital reaches agreement to develop 147,000 s/f mixed-use opportunity zone in the Bronx

June 4, 2019
Bronx, NY According to Starwood Capital Group, a global private investment firm focused on real estate and energy investments, an affliate has reached an agreement to develop a 147,000 s/f mixed-use facility in a designated opportunity zone.
NYCEDC, HPD, HDC, BRP and Urbane break ground on Caton Flats; Team includes: Freeform+Deform and Magnusson

NYCEDC, HPD, HDC, BRP and Urbane break ground on Caton Flats; Team includes: Freeform+Deform and Mag...

June 4, 2019
Brooklyn, NY The New York City Economic Development Corp. (NYCEDC), Department of Housing Preservation and Development (HPD), Housing Development Corp. (HDC), BRP Companies and project partners broke ground on Caton Flats...
Doe Fund breaks ground on 90-unit affordable/supportive housing development; Designed by MHG architects; To be completed in 2021

Doe Fund breaks ground on 90-unit affordable/supportive housing development; Designed by MHG archite...

June 4, 2019
Bronx, NY On Wednesday, May 22nd, New York City-based non-profit organization The Doe Fund broke ground to launch the construction of 90 units of affordable and supportive housing at 555 Nereid Ave., located in the Wakefield section.
Fisher House Foundation opens two new homes in the Bronx

Fisher House Foundation opens two new homes in the Bronx

June 4, 2019
Bronx, NY A dedication ceremony for the first Fisher Houses in New York City was held on May 22nd. The two new homes will be dedicated by Department of Veterans Affairs (VA) secretary Robert Wilkie, chairman and CEO of Fisher House Foundation,
Ceruzzi Properties launches sales at The Hayworth

Ceruzzi Properties launches sales at The Hayworth

June 4, 2019
Manhattan, NY Ceruzzi Properties’ The Hayworth, located at 1289 Lexington Ave. on the northeast corner of 86th St., has launched the sales of its 61 condominiums. The architect for the 21-story project was HOK.
Colliers wins award for New York-Presbyterian David H. Koch Center; 2018 project award from the BCxA Northeast chapter

Colliers wins award for New York-Presbyterian David H. Koch Center; 2018 project award from the BCxA...

June 4, 2019
New York, NY Colliers International Commissioning & Energy Services won the Building Commissioning Association (BCxA) Northeast chapter's 2018 Project Award for New Construction...
Sage Realty Corp. honored by VTS

Sage Realty Corp. honored by VTS

June 4, 2019
New York, NY Sage Realty Corp., the leasing and management division of the William Kaufman Org. (WKO), was recognized by VTS, a leading leasing and asset management platform. Sage Realty received
Witkoff, Fisher Brothers and New Valley unveil grand dining room at 111 Murray

Witkoff, Fisher Brothers and New Valley unveil grand dining room at 111 Murray

June 4, 2019
Manhattan, NY Witkoff, Fisher Brothers and New Valley, in conjunction with Douglas Elliman Development Marketing, officially unveiled the grand dining room within residential tower 111 Murray St. with a live cooking demonstration from chef
The NYC Climate Mobilization Act: How to start preparing for the future now - by David Unger and Marc Zuluaga

The NYC Climate Mobilization Act: How to start preparing for the future now - by David Unger and Mar...

June 4, 2019
With the recent signing of the Climate Mobilization Act by the NYC Council, building owners and managers need to start planning for the future now. The Climate Mobilization Act stipulates that as a segment, NYC buildings greater than 25,000 s/f will be required to cut carbon emissions 40% by 2030...
EPR’s $180 million Kartrite Resort & Indoor Waterpark opens; Project team includes RAL, Adelaar HWP, Suffolk Construction, ADG, ADCI and AKRF

EPR’s $180 million Kartrite Resort & Indoor Waterpark opens; Project team includes RAL, Adelaar HW...

June 4, 2019
Monticello, NY The Kartrite Resort & Indoor Waterpark, a new family resort destination in the Catskills set on a portion of the 1,600-acre site where Catskills bellwether The Concord Resort was formerly located, officially opened with a launch event and ribbon cutting