Closter
REAL ESTATE
A lovely street and a nice yard helped this N.J. house sell for hundreds of thousands over asking
The owners of a split level in Demarest didn’t want an open house. So, Risa Corson of Coldwell Banker Real Estate’s Closter/Alpine office set up appointments, over three days, for three hours each day. Sixty people toured the home and more tried to get in but were turned away because they didn’t have an appointment, she said.
Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island
The imminent completion of LCOR’s 1515 Surf Avenue is the best news Coney Island has seen since the Parachute Jump was designated as a city landmark. The twin-towered apartment building just a short walk to the ocean brings the neighborhood just what it needed: more market-rate housing. Wall Street-area office market sees strong leasing activity in May, CBRE report finds Michelin-starred chef James Kent, who spearheaded the FiDi area’s culinary revival, dead at 45 The project’s 16 and 26-story towers will have 324 apartments, of which more than half are market-rate. CLICK HERE TO SIGN UP FOR OUR MORNING REPORT NEWSLETTER The rest are “affordable,” a product which Coney Island has in abundance. There’s nothing wrong with lower-priced new homes, but the area needs more middle-income residents to support better stores and restaurants than now exist. The building also has 10,600 square feet of retail. LCOR, an experienced, major-league developer, can surely draw the kinds of ground-floor businesses that local residents at every income level need. For top headlines, breaking news and more, visit nypost.com.
Supportive Housing Complex Completes Construction at 126 West 126th Street In Harlem, Manhattan
The New York Foundling has completed construction on 126 West 126th Street, a 17-story residential tower in Harlem, Manhattan that plans to serve as a new model for helping youth transitioning out of foster care and the shelter system. The project was developed in collaboration between BRP Companies, L+M Development Partners, Taconic Partners, and The Prusik Group. Financing came from New York State, Goldman Sachs, Santander Bank, and Redstone Equity Partners.
Tenant Protection Act to be addressed at hearing in Mount Vernon: Week in Real Estate
It's Friday, and you know what that means — it's time for your Week in Real Estate. This week, we're taking a look at housing insecurity and homelessness in the Lower Hudson Valley, as well as options for renters. On Wednesday, Director of Operations and Finance for Mount Vernon...
Blackstone boosts footprint at 345 Park Ave. with massive lease expansion
Blackstone’s imminent deal to expand by 250,000 square feet at its global headquarters, Rudin Management’s 345 Park Avenue, is a robust indicator on two playing fields: Park Avenue and the world. Blackstone, the mighty asset manager led by Stephen Schwarzman, is the world’s largest commercial real estate owner. Its continued expansion in the face of economic headwinds is remarkable in its own right. Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island Raising its stake in the tower to around 1 million square feet, as first reported by Bloomberg, speaks to the fabled boulevard’s enduring strength in a Manhattan market beleaguered by...
280 Eighth Avenue Begins Vertical Ascent in Chelsea, Manhattan
Construction has begun to rise on 280 Eighth Avenue, a 12-story residential building in Chelsea, Manhattan. Designed by SLCE Architects and developed by Red Apple Group under the RA 280 Development LLC, the 113-foot-tall structure will span 58,021 square feet and yield 64 rental units with an average scope of 819 square feet, as well as 4,642 square feet of commercial space, 947 square feet of community facility space, a cellar level, and a 24-foot-long rear yard. The property is situated at the corner of Eighth Avenue and West 24th Street.
Long Island Board of REALTORS Hosts 36th Annual Education Conference and Trade Show
Long Island Board of REALTORS® (LIBOR), a leading trade association serving real estate professionals in Queens, Nassau, and Suffolk Counties, hosted its 36th annual Education Conference and Trade Show on June 12, 2024, at the Crest Hollow Country Club in Woodbury, New York. The event attracted over 800 real estate professionals and featured a wide range of educational sessions and demonstrations by national speakers, industry experts, and exhibitors.
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