Category: Owners Developers & Managers
Tax class one property owners need to be vigilant in having their upcoming 2026/27 tax assessment re...
November 11, 2025
In my August 2025 article, I discussed what a Zohran Mamdani-led New York City could look like – early on – from a real estate tax perspective. Fast forward just a few months and things are accelerating faster than an out-of-control locomotive. Previously I opined that Mamdani
The Qualified Opportunity Zone program - by Michael Packman
November 11, 2025
There has been a lot of talk around the changes brought on by the Big Beautiful Bill Act. I am regularly fielding questions on what they are, especially in relation to real estate, so I decided to outline the changes in one area, the Qualified Opportunity Zone (QOZ) program, in this article.
Broome County’s competitive edge: Affordability, accessibility, and quality of life - by Stacey D...
November 11, 2025
Across Upstate New York, economic momentum is building. From advanced manufacturing to clean energy innovation, new investments are rewriting the story of our region. But as this renaissance accelerates, the communities that will benefit most are those equipped not only with shovel-ready sites,
Permanent Opportunity Zones under the OBBB: What developers and investors need to know - by Sandy K...
November 11, 2025
Real estate investors and developers have a new reason to pay attention to Opportunity Zones. The One Big Beautiful Bill (OBBB), signed into law July 4, 2025, extends and updates the Qualified Opportunity Zone (QOZ) program beginning in 2027. While the new version of the program
Samanea New York adds Gatsby’s Board Game Café and I.FLY Trapeze
November 11, 2025
Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd. added two new tenants set to open soon: Gatsby’s Board Game Café and I.FLY Trapeze. These concepts
GID expands with a national multifamily development platform - GID Residential Partners
November 11, 2025
Manhattan, NY GID, a vertically-integrated real estate owner, operator, developer and investor, has expanded its development business with the launch of GID Residential Partners, a dedicated multifamily development platform. The platform will advance and complement GID’s overall strategy of growing
Brookfield completes $1.3 billion
refinancing of 660 Fifth Ave.
November 11, 2025
Manhattan, NY Brookfield has completed $1.3 billion of refinancing of 660 Fifth Ave., a 1.25 million s/f tower in Midtown that is now fully committed to a roster of global tenants. The refinancing builds upon Brookfield’s momentum across its global real estate platform and brings the total financing activity completed this year to $35 billion
LISC NY closes on $2.5m predevelopment loan for affordable housing project - The Seneca
November 11, 2025
Manhattan, NY LISC NY has closed a $2.5 million predevelopment loan to support The Seneca, a new affordable housing project that will replace the former Lincoln Correctional Facility across from Central Park. The project represents a milestone in New York’s effort to transform decommissioned state properties
Metro Walls promotes Taylor to chief people officer
November 11, 2025
Manchester, NH Metro Walls, has promoted Risa Taylor to chief people officer. Taylor will complete work for Metro Walls out of the New Hampshire office and for the New York region. >“Risa’s expanded role is a testament to her leadership, strategic impact, and commitment to Metro’s people,” said Bryan Hussey, president of Metro Walls.
One Domino Square passes 50% sold
November 11, 2025
Brooklyn, NY Two Trees Management’s One Domino Square, one of Williamsburg’s tallest and NYC’s fastest-selling residential building, is now 50% sold. Since launching sales in May 2024, 80 residences at One Domino Square have closed or entered contract. Among these transactions is the record-setting sale of Penthouse 1A
Tankhouse’s 144 Vanderbilt reaches over 50% sold with 26 residences
November 11, 2025
Brooklyn, NY According to NY developer Tankhouse, 15 of the 26 residences at the SO – IL-designed 144 Vanderbilt have entered contract or closed. The building has also surpassed the 50% sold milestone by dollar volume. Residents began moving in on July 1.
The Community Preservation Corporation awards $177,505 in grant funding
November 11, 2025
Manhattan, NY The Community Preservation Corporation (CPC), a non-profit multifamily finance company, awarded $177,505 in grant funding to electrify 51 East 7th St., a six-unit apartment building in the East Village. The property is owned and operated by Georgie Duncan Realty. CPC is administering the award
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