Category: Owners Developers & Managers

Marcus & Millichap arranges sale of Brooklyn development site for $5.25 million

Marcus & Millichap arranges sale of Brooklyn development site for $5.25 million

May 4, 2026
Brooklyn, NY Marcus & Millichap sold 101-103 Luquer St., a vacant development site in the Carroll Gardens neighborhood for $5.25 million.
Marcus & Millichap brokers sale of Long Island City development site for $9.38 million

Marcus & Millichap brokers sale of Long Island City development site for $9.38 million

May 4, 2026
Queens, NY Marcus & Millichap brokered the sale of 28-04 41st Ave., a development site in Long Island City for $9.375 million.
Westchester County IDA reports strong financial position and continued economic impact

Westchester County IDA reports strong financial position and continued economic impact

May 1, 2026
White Plains, NY The Westchester County Industrial Development Agency (WIDA) reported a strong financial position and continued economic impact across Westchester County, according to a financial review presented by its Audit Committee and independent auditor, PKF O’Connor Davies, at the agency’s March 30 monthly meeting
GFP Real Estate launches GFP Development; Steinwurtzel named CEO of development platform

GFP Real Estate launches GFP Development; Steinwurtzel named CEO of development platform

April 28, 2026
Manhattan, NY GFP Real Estate, LLC launched GFP Development, a new affiliated company formalizing the firm’s growing development and construction platform as GFP continues to pursue
Cushman & Wakefield and Sagard Real Estate complete One Nassau Place - industrial facility

Cushman & Wakefield and Sagard Real Estate complete One Nassau Place - industrial facility

April 28, 2026
Staten Island, NY Cushman & Wakefield, the global real estate services firm, has reached the official completion of One Nassau Pl., a 331,700 s/f, industrial facility, developed by Sagard Real Estate. The asset is currently the largest new construction single-story warehouse available in New York City. Cushman & Wakefield’s Bill Waxman, David Gheriani, Rico Murtha, and Helen Paul will serve
Hempstead IDA gives preliminary approval to benefits for proposed transit-oriented apartments

Hempstead IDA gives preliminary approval to benefits for proposed transit-oriented apartments

April 28, 2026
Hempstead, NY Fred Parola, chief executive officer of the Town of Hempstead Industrial Development Agency (IDA), has given preliminary approval to a package of economic development incentives to a proposed transit-oriented apartment building in Baldwin.
Tredway acquires Peekskill Plaza Apartments; Preserves 168 affordable homes

Tredway acquires Peekskill Plaza Apartments; Preserves 168 affordable homes

April 28, 2026
Peekskill, NY Tredway closed on the acquisition of Peekskill Plaza, a senior affordable housing community located at 901–907 Main St. The acquisition and recapitalization of the property will preserve long-term affordability, fund capital improvements and resident services. All units will be maintained as affordable for households earning at or below 60% of Area Median Income (AMI).
Cobble Hill’s 110 Boerum Place reaches over 50% sold

Cobble Hill’s 110 Boerum Place reaches over 50% sold

April 28, 2026
Brooklyn, NY According to Avdoo, over 50% of residences at 110 Boerum Place in Cobble Hill, are now in contract. The 21-unit condominium building, designed by Brent Buck Architects in collaboration with landscape design firm Brook Landscape, offers a contemporary interpretation of the neighborhood’s iconic brownstones. Thoughtfully crafted interiors, an elevated suite of amenities
Cyril Lignac debuts in NYC with Bar des Prés  and two new concepts at Rudin’s 345 Park Ave.

Cyril Lignac debuts in NYC with Bar des Prés and two new concepts at Rudin’s 345 Park Ave.

April 28, 2026
Manhattan, NY Bar des Prés, the internationally acclaimed Franco-East Asian restaurant, helmed by celebrated chef Cyril Lignac, is set to make its grand entrance into New York City. Following successful openings in Paris, London, Dubai and St. Bart’s, this will be its sixth location
Legion Investment Group unveils luxury condominium development at 550 West 21st St.

Legion Investment Group unveils luxury condominium development at 550 West 21st St.

April 28, 2026
West Chelsea, NY Legion Investment Group has launched 550 West 21st St., a new luxury condominium development rising on the last remaining waterfront site. Designed by Thomas Juul-Hansen, the 22-story building of hand-laid Italian brick and limestone is positioned between Hudson River Park and the High Line
Leasing begins at Pier III at Hudson Piers - developed by Extell Development Company

Leasing begins at Pier III at Hudson Piers - developed by Extell Development Company

April 28, 2026
Yonkers, NY Extell Development Company, one of the nation’s leading real estate developers known for its portfolio of design-driven, superior-quality residential, commercial, and hospitality properties, opened Pier III at Hudson Piers, the newest luxury rental building within its mixed-use development downtown. 
HPD secures $150,000 in civil penalties through lead-based paint recordkeeping enforcement

HPD secures $150,000 in civil penalties through lead-based paint recordkeeping enforcement

April 28, 2026
Manhattan, NY According to The New York City Department of Housing Preservation and Development (HPD), recent litigation stemming from lead-based paint recordkeeping audits resulted in over $150,000 in civil penalties and correction orders across 11 residential buildings located in The Bronx owned by Roger Tate, totaling more than 650 units in September 2025.