Category: Owners Developers & Managers

Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has secured a $30 million capital improvement program at 99 Park Ave., its class A office tower located near Grand Central Terminal.

Brooklyn, NY Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at 1 Java St. along the waterfront in Greenpoint. With leasing starting in 2025,

Brooklyn, NY RiseBoro Community Partnership has closed on $412.4 million in financing for the second phase of Alafia, a wellness-oriented mixed-use development designed to address the chronic social, economic, and health disparities in East New York.

Brooklyn, NY Alloy Development (Alloy) has secured $290 million in permanent financing for 505 State St., New York City’s first all-electric skyscraper, located at the intersection of State St. and Flatbush Ave. The financing, provided by New York Life Real Estate Investors,

Bronx, NY Tishman Speyer’s TS Communities, the firm’s affordable housing development platform,  has secured financing and will begin construction in January on an eight-story, 100% affordable apartment building at 160 Van Cortlandt Park South in the Kingsbridge neighborhood.

Manhattan, NY Sayo Kamara, associate director of commercial leasing at The Durst Organization, has been elected to serve as the 2025 chairman of the Young Men’s/Women’s Real Estate Association of New York (YM/WREA). Kamara is the first African American to lead the organization.

Queens, NY TF Cornerstone (TFC) has gone through the first round of lease signings at its new Malt Dr. development in the Hunter’s Point South. Four tenants signed a total of 5,814 s/f across a variety of industries: Stepping Stone Café by Maman; Dear sundays; FER Restaurant; and JoJo & Co. Pet Club, will occupy ground floor retail spaces

Hawthorne, NY The Arc Westchester, a not-for-profit organization supporting people with developmental disabilities in Westchester County, has been awarded $197,688 in grants from the trustee management board of NYSARC Trust Services to support The Arc Westchester’s guardianship and recreation programs.

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Manhattan, NY The Moinian Group has launched leasing for 114 luxury residences at the newly named ARIA, located at 90 John St. in the Financial District. Move-ins at the newly completed residences are slated to commence by the end of 2024.

Manhattan, NY Cozen O’Connor has added real estate litigator Christopher Cobb to its expanding condominiums and cooperatives practice. Cobb brings to the firm nearly three decades of experience as a residential real estate and construction litigator with substantial cooperative housing and condominium practice. He joins the firm as a member and will work out of Cozen O’Connor’s New York City office.