Category: Owners Developers & Managers
The Doe Fund with Robert Sanborn Development open 98 affordable apartments
October 15, 2024
Bronx, NY The Doe Fund, a homeless services nonprofit with an award-winning portfolio of affordable and supportive housing, has received a Temporary Certificate of Occupancy (TCO) for its newest residence — certifying that the building is in working order and tenants can begin moving in.
RockFarmer Properties appoints Krantz head of capital markets
October 15, 2024
Douglaston, NY RockFarmer Properties, a fully integrated real estate development and investment firm, appointed David Krantz as the company's new head of capital markets. With over 22 years of experience in the real estate industry, Krantz brings a wealth of knowledge
ERG Commercial brokers $7.5m loan for Skyland Management
October 15, 2024
Manhattan, NY ERG Commercial Real Estate brokered a $7.5 million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant lots. The consecutive lots, 120-124 Lexington Ave., totaling 4,647 s/f,
Appraisals supporting conservation easements are in the crosshairs of the IRS - by David Wilkes
October 15, 2024
Restrictions placed on the use of land or buildings for conservation purposes have for many years been driven in part by syndicated conservation easements, in which a pass-through business entity acquires real property on behalf of investors, makes a conservation contribution to a qualified organization,
Executive of the Month: Q&A with David E. Gross,
AIA, Executive Partner at GF55 Architects
October 15, 2024
David E. Gross, AIA, Executive Partner at GF55 Architects, inspires through his leadership, innovation, and dedication to design solutions. His legacy extends beyond the individual buildings that his firm has created – to the neighborhoods that have been shaped by GF55.
The Domain Companies to open The Shop at 420 Carroll in early 2025
October 15, 2024
Brooklyn, NY The Domain Companies’ development The Shop Workspace will open in early 2025 at 420 Carroll, a mixed-use, mixed-rate development that will bring 360 new homes to Gowanus following the 2021 rezoning. The Shop is a coworking community
SHVO closes $120 million in financing for Mandarin Oriental Residences
October 15, 2024
Manhattan, NY SHVO, a national real estate investment and development firm, has secured a $120 million first-mortgage inventory loan from The Northwind Group, for the remaining units at The Mandarin Oriental Residences Fifth Ave. Located at 685 Fifth Ave.
Olshan Properties and O’Connor Capital Partners officially open Parkchester Gardens
October 15, 2024
Bronx, NY Olshan Properties and O’Connor Capital Partners, in collaboration with New York City’s Housing Development Corporation (HDC), Department of Housing Preservation and Development (HPD) celebrated the official opening of Parkchester Gardens,
Tempco Glass Fabrication hosts tour of 50,000 s/f facility
October 15, 2024
Queens, NY New York metro area glass processor Tempco Glass Fabrication opened its doors to area architects, specifiers, and building envelope specialists for tours of its 50,000 s/f facility. Several dozen design and construction professionals
New Empire Corp. and CORE Real Estate top out 50% leased Hendrix House
October 15, 2024
Manhattan, NY Since launching sales, Hendrix House, a boutique condominium designed for a modern luxury lifestyle, celebrated topping out and its 50% in contract milestones. Located at 250 East 25th St. in the Kips Bay neighborhood, Hendrix House
CREtech selects 2024 RETAs winners and finalists
October 15, 2024
Manhattan, NY CREtech has selected the winners and finalists of the 11th Annual 2024 Real Estate Tech Awards (RETAs). These awards recognize the most innovative and transformative companies, leaders, and products in the real estate tech ecosystem.
Olayan Group’s 550 Madison Ave. named Best Restoration by the Municipal Art Society
October 15, 2024
Manhattan, NY According to the Olayan Group, 550 Madison Ave., a landmarked office building in Midtown, has been named the Best Restoration by the Municipal Art Society as part of its 2024 MASterworks Awards. The MASterworks Awards, determined by a jury of architects, designers, preservationists, scholars, and critics, pay tribute to projects
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