Category: Owners Developers & Managers

Queens, NY RiseBoro Community Partnership and Slate Property Group have begun leasing at Baisley Pond Park Residences in South Jamaica. The redevelopment of the former JFK Hilton Hotel at 143-06 135th Ave. into 318 affordable apartments for low-income and formerly homeless New Yorkers is the first former hotel converted into permanently affordable housing

Brooklyn, NY Naftali Group, a privately held global real estate development and investment firm based in New York, along with Access Industries, a U.S.-based private holding company with global strategic investments, has launched leasing at Two Williamsburg Wharf and Three Williamsburg Wharf, two new luxury rental buildings at Williamsburg Wharf

Jamaica, NY ERG Commercial Real Estate has secured a $7 million construction loan for a new 16-story, 28-unit multifamily development located at 166-13 91st St. This financing was provided by a national middle-market institutional-quality construction and bridge lender. The development at 166-13 91st St. represents a significant addition to the neighborhood,

Long Island City, NY Innovo Property Group (IPG), a New York City-based real estate investment and operating company founded by Andrew Chung, has completed The Borden Complex. Primely located at 23-30 Borden Ave. in the Borden Innovation District, the one-million s/f class-A multi-tenant development includes multiple levels of urban industrial space and a purpose-built film and television studio.

Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, arranged a lease for financial services and strategic advisory firm Geller & Co. (Geller) for 45,290 s/f at the premium office tower, 99 Park Ave. The announcement adds to the recent leasing surge at the building

Manhattan, NY Global Net Lease, Inc. (GNL) has entered into a binding agreement to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings, LLC for $1.8 billion at an 8.4% cash cap rate. This transformative transaction would accelerate GNL’s deleveraging initiative and position the company as a pure-play, single-tenant net lease company.

Manhattan, NY PopUp Bagels, the “Not Famous, but Known” bagel shop, will be opening four new locations across the city this year, bringing hot bagels to more NYC neighborhoods. 

Manhattan, NY Freedom Plaza, the visionary new civic and cultural plan for the East Side, has updated renderings of its proposed expansive green space, offering an intimate look at a design that redefines the urban park experience. This project, designed by award-winning OJB Landscape Architecture, offers approximately 4.7 acres of accessible public green space to meet the neighborhood’s needs for open space, connectivity, and outdoor community activation.

Manhattan, NY Hoffmann Architects + Engineers has appointed Craig Hargrove, AIA and Avi Kamrat as co-presidents of the boutique architectural and engineering practice, which specializes in the rehabilitation of building exteriors. Hargrove, AIA has been appointed co-president of Hoffmann after serving as director, architecture and manager of the firm’s New York City office

Brooklyn, NY Property Resources Corp. (PRC) and Avenue Realty Capital (ARC) have launched leasing at The Hartby, the restoration and redevelopment of the historic St. John’s College building located at 788 Willoughby Ave. on the border of Bedford-Stuyvesant and Bushwick. Re-envisioned by architecture firm Woods Bagot, with interiors by Alchemy Studio

West Nyack, NY BRIDGES, a nonprofit organization advocating for people with disabilities, held the grand opening and ribbon-cutting ceremony for its new Sensory Room on April 4, 2025. The event took place on the 4th floor of the Palisades Center, next to Target, marking an exciting milestone in inclusive community resources for children with sensory processing needs.

Manhattan, NY 212 West 72nd St., a modern luxury condominium set at the intersection of 72nd and Bdwy. in the Upper West Side, continues to see sales momentum. Since the start of the year, the building has achieved $60 million in sales, including $50 million within just 30 days. With limited inventory remaining, 212 West 72nd St. stands as one of the best-selling buildings on the Upper West Side and is now over 70% sold.