Category: Owners Developers & Managers

Simone Development features winter exhibit at The Gallery of ARTFul Medicine

Simone Development features winter exhibit at The Gallery of ARTFul Medicine

February 11, 2025

Bronx, NY Simone Development Companies has opened “A(I) Brighter Tomorrow: Cancer and Beyond”, a new winter exhibit at The Gallery of ARTFul Medicine, located in the lobby of Simone Development’s Hutchinson Metro Center’s Tower One at 1250 Waters Pl. The exhibition opened to the public on January 24th

New Urban Residential appoints Gubiotti president

New Urban Residential appoints Gubiotti president

February 11, 2025

Manhattan, NY New Urban Residential, which operates multifamily rental properties nationally as an affiliate of Spruce Properties, has appointed of Stephanie Gubiotti as president. Gubiotti will oversee the company’s management operations and continued national growth. 

Witkoff and Access Industries’ One High Line project passes $1b in sales

Witkoff and Access Industries’ One High Line project passes $1b in sales

February 11, 2025

Manhattan, NY Witkoff and Access Industries’ One High Line, their luxury condominium project has surpassed $1 billion in sales, one of the fastest residential projects in downtown West Chelsea to do so in ten years. Corcoran Sunshine Sales and Marketing led One High Line to over $1.043 billion in sales capturing 7% of the entire new development market by dollar volume last year.

LCOR leases 3,400 s/f for Art’s House relocation

LCOR leases 3,400 s/f for Art’s House relocation

February 11, 2025

Brooklyn, NY According to LCOR, a leader in real estate investment, development, and management, Art’s House Schools, a not-for-profit performing arts school based in Coney Island, has signed a ground-floor lease at the base of its newly completed residential development, 1515 Surf Ave. The lease represents

PWC NY presents “Resilience Infrastructure Across New York”

PWC NY presents “Resilience Infrastructure Across New York”

February 11, 2025

Manhattan, NY As extreme weather events increase due to climate change, ensuring that physical structures are secure is a priority in the AEC industry. The New York chapter of Professional Women in Construction (PWC-NY) is bringing together top industry leaders from NYCEDC, SCAPE, STV, MTA and NYC DEP for a panel on Resilience Infrastructure Across New York.

IREM NYC names Whelan of REBNY as 2024 Real Estate Person of the Year

IREM NYC names Whelan of REBNY as 2024 Real Estate Person of the Year

February 11, 2025

Manhattan, NY The Greater New York Chapter of the Institute of Real Estate Management (IREM NYC) proudly announces James Whelan, president of the Real Estate Board of New York (REBNY), as the recipient of the 2024 Real Estate Person of the Year Award.

Global Holdings launches $30m in <br>capital improvement at 99 Park Ave.

Global Holdings launches $30m in
capital improvement at 99 Park Ave.

January 14, 2025

Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has secured a $30 million capital improvement program at 99 Park Ave., its class A office tower located near Grand Central Terminal.

Lendlease and Aware Super unveil The Riverie - 834-unit multifamily development - design by Marvel

Lendlease and Aware Super unveil The Riverie - 834-unit multifamily development - design by Marvel

January 14, 2025

Brooklyn, NY Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at 1 Java St. along the waterfront in Greenpoint. With leasing starting in 2025,

RiseBoro Community Partnership closes $412.4m in financing for Phase II of Alafia mixed-use development

RiseBoro Community Partnership closes $412.4m in financing for Phase II of Alafia mixed-use developm...

January 14, 2025

Brooklyn, NY RiseBoro Community Partnership has closed on $412.4 million in financing for the second phase of Alafia, a wellness-oriented mixed-use development designed to address the chronic social, economic, and health disparities in East New York.

Alloy Development secures $290m <br>in financing for 505 State St.

Alloy Development secures $290m
in financing for 505 State St.

January 14, 2025

Brooklyn, NY Alloy Development (Alloy) has secured $290 million in permanent financing for 505 State St., New York City’s first all-electric skyscraper, located at the intersection of State St. and Flatbush Ave. The financing, provided by New York Life Real Estate Investors,

Old Dominion Freight Line to develop 20-acre site in Broome Corporate Park

Old Dominion Freight Line to develop 20-acre site in Broome Corporate Park

January 14, 2025
Conklin, NY Old Dominion Freight Line (ODFL), a leading national freight company, is set to purchase a 20-acre site in the Broome Corporate Park to construct a cross-dock logistics facility. The site, which has remained vacant since the park’s establishment
Tishman Speyer to develop 339-unit<br>  affordable residence with $222m in financing

Tishman Speyer to develop 339-unit
affordable residence with $222m in financing

January 14, 2025

Bronx, NY Tishman Speyer’s TS Communities, the firm’s affordable housing development platform,  has secured financing and will begin construction in January on an eight-story, 100% affordable apartment building at 160 Van Cortlandt Park South in the Kingsbridge neighborhood.