Mott Haven, NY The Domain Companies has closed $218.6 million in financing for Estela, a two-building mixed-use development that has brought 544 mixed-income, homes and 10,000 s/f of ground-floor retail in the South Bronx. Freddie Mac’s Forward Commitment program provided long-term permanent financing through JLL Real Estate Capital.
Manhattan, NY Brown Harris Stevens Residential Management (BHS Residential Management), LLC has named Richard Horovitz president of the company. In this role, Horovitz will oversee the BHS Residential Management, LLC company as well as an extensive portfolio of cooperatives and condominiums in some of Manhattan’s most desirable buildings.
Manhattan, NY Soloviev Group, a real estate development firm, began a new collaboration with Kent Hospitality Group (KHG) to enhance the suite of luxury amenities at its office property, 9 West 57th St. The new food and beverage amenities — available exclusively to tenants of the building and their guests —
Manhattan, NY BXP, one of the largest publicly traded developers, owner, and manager of premier workplaces in the U.S., signed a 246,000 s/f long-term lease renewal and expansion with KnitWell Group at 7 Times Sq. The 20-year lease comprises the existing approximately 191,000 s/f premises plus two additional full floors totaling 55,000 s/f.
Manhattan, NY Joseph Moinian, CEO and founder of The Moinian Group, has completed the full payment of over $630 million in principal and interest on bonds issued through Moinian Limited, the company’s publicly reporting subsidiary on the Tel Aviv Stock Exchange (TASE).
Brooklyn, NY The developer and manager of Domino Park, Two Trees Management, began its inaugural holiday season with the debut of Williamsburg’s first waterfront ice skating rink. Residents of Williamsburg and visitors to the neighborhood are invited to a roster of festive programming at the new one-acre public plaza
Manhattan, NY National affordable and mixed-income housing leader L+M Development Partners LLC (L+M) implemented changes to its executive leadership team as the firm continues to advance operations and grow its portfolio in the New York area and nationwide. Joe Curatolo, who has been with L+M since 2021, will now serve as chief financial officer,
Manhattan, NY Vornado Realty Trust, along with the U.S. Green Building Council (USGBC), has become the first major real estate owner, operator and developer to achieve 100% LEED certification across its entire portfolio of in-service buildings.
Manhattan, NY JLL has completed a new lab lease for pioneering biotech startup Waypoint Bio at 430 East 29th St. within the Alexandria Center for Life Science. A startup founded in 2021 with a mission to leverage AI, pooled screening, and spatial biology
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
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.
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.