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‘I Hate Mexicans’ - Allegedly Spouted by Slasher in the HeightsBronxVoiceManhattan, NY
On Tuesday, December 6th, 2022, RiseBoro Community Partnership, New York City Department of Housing Preservation and Development (HPD), and New York City Human Resources Administration (HRA) celebrated a ribbon-cutting ceremony for Woodlawn Senior Living at 69 E 233rd Street, Bronx, New York. This development project, RiseBoro’s first in the borough of the Bronx, is a leading example of coordinated efforts between the City and State agencies to address the affordable housing crisis in New York City.
Gotham Organization, Christian Cultural Center and Monadnock Development Celebrate Full City Council Approval for Innovative Urban Village in East New York
Christian Cultural Center (CCC) and Reverend A.R. Bernard, in partnership with the Gotham Organization and Monadnock Development, have received full city council approval to transform CCC’s East New York campus into a sustainable, pedestrian friendly, mixed-income community. The proposed development will supplement the existing church facility with 1,975 new income-based affordable residences in addition to numerous purpose-built neighborhood amenities, thoughtfully envisioned to support civic, spiritual, educational, cultural and economic opportunities.
Brookfield Properties, in partnership with Park Tower Group, today announced the completion of its 745-unit luxury residential complex, Eagle + West. Designed by world-renowned architecture firm OMA, the pair of towers and low-rise building feature a 42,000 square-foot, state-of-the-art amenities package and contribute over 30,000 square-feet of new public space to the city. Eagle + West is the latest set of buildings to open within the 22-acre, Greenpoint Landing master planned development.
GFP Real Estate, LLC is pleased to announce three lease transactions totaling 14,492 square feet at 515 Madison Ave. in Manhattan’s Plaza District. “It is encouraging to see so many of our long-term tenants extend their leases as we continue to put the worst of the pandemic behind us,” said Martin McGrath, senior managing director of GFP Real Estate. “515 Madison continues to see strong leasing activity due to its incredible location in the Plaza District.”
The Durst Organization (‘Durst’) today announced the completion of approximately 55,000 square feet of new leasing transactions within their repositioned office tower at 825 Third Avenue. The five new leases, all of which were recently signed, clearly demonstrate growing interest in 825 Third as midtown east’s newest trophy office destination for a range of industries.
Turnbridge Equities Celebrates Construction Milestone and Topping Out Ceremony for New York Region’s Largest Industrial Development
Turnbridge Equities, a real estate investment and development firm that uncovers commercial and industrial opportunities in high-growth and high barrier-to-entry markets, celebrates the topping out of the Bronx Logistics Center (BLC), the largest industrial development in New York City. Only a five-minute drive to Manhattan’s Upper West Side and a...
SJP Project Solutions Announces Completion of Eisai’s 300,000-SF Purpose-Built Headquarters in Nutley, NJ
SJP Project Solutions — the third-party construction and project management arm of owner and developer SJP Properties — has completed its build-out of Eisai’s new U.S. headquarters at ON3, a high-tech bio-ecosystem in Nutley, New Jersey. Eisai, an oncology and neurology-focused pharmaceutical company and the U.S. subsidiary of Eisai Co., Ltd., has relocated its U.S. headquarters from Woodcliff Lake, taking the entirety of 200 Metro Boulevard at ON3.
Tulfra secures $34.8m Construction Loan with Provident Bank for 160-unit Luxury Apartment Community in Rochelle Park
Tulfra Real Estate has officially broken ground on The Delford, a luxury six-story, 160-unit multifamily development on 120 West Passaic Street in Rochelle Park, New Jersey. JLL Capital Markets, arranged the financing on behalf of Tulfra Real Estate, and was. able to secure a $34.8 million construction loan from Provident...
Jonathan Landau Launches New Real Estate Venture, Landau Properties, Announces First Project in Miami
Veteran real estate executive Jonathan Landau today announced the launch of his new venture, Landau Properties, a family-owned firm that will develop, acquire and operate properties in New York, South Florida and Boston. Landau will be joined by his daughter and son-in-law, Yaeli and DC Lowinger, and the company will begin sales at its first residential development in Miami next year.
Industry City to Be Home of BK-XL, Largest Startup Accelerator for BIPOC Founders, Launched by BK Nets Owner
Industry City, the 16-building, 35-acre innovation campus on the Brooklyn waterfront, has been announced as the future home of BK-XL, the largest startup accelerator for BIPOC founders by total potential investment size. Applications for BK-XL launched this week and are open through January 20, 2023, offering each recipient up to $500,000 in investment funds, space at Camp David, Industry City’s creative co-working space, and ongoing investor support and mentorship opportunities. Launched by Clara Wu Tsai, founder of the Social Justice Fund and owner of the Brooklyn Nets, New York Liberty, and Barclays Center, in partnership with Visible Hands, BK-XL will select 12 BIPOC-founded startups for its inaugural 2023 cohort.
RXR and Partners Announce $261 Million Preferred Equity Investment For Class-A NYC Multifamily Portfolio
RXR, along with Macquarie Capital Principal Finance and the Qatar Investment Authority through its wholly-owned subsidiary QH RE Asset Company LLC (“QIA”), announced the closing of a $US261MM preferred equity investment in the acquisition of a three-building, 858-unit, $US825MM Class-A New York City multifamily portfolio owned by the late Sheldon Solow.
American Triple I Announces the Closing of the $4.2 Billion JFK International Airport Terminal 6 Redevelopment
American Triple I (ATI), an infrastructure investment manager headquartered in New York City, announced the successful closing of a $4.2 billion project to build a new Terminal 6 at John F. Kennedy International Airport. ATI is an equity owner of JFK Millennium Partners (JMP), a private consortium partnered with The...
JLL announced that Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway in one of the largest retail transactions to close in the Soho market this year. The multinational sportswear brand occupies a three-level, 30,639-square-foot space in the building, which is owned by funds associated...
Avison Young’s Andy and Scott Singer honored by Israel Bonds with Lifetime Achievement Award and Israel Peace Award, respectively
Andy and Scott Singer, Principals and Co-leaders of Avison Young’s Tri-State Debt & Equity Finance team, were recently honored by Development Corporation for Israel/Israel Bonds Real Estate & Allied Industries Division at the organization’s annual event at Cipriani 42nd Street in New York. The father and son duo were presented with Israel Bonds’ Lifetime Achievement Award and the Israel Peace Medal Award, respectively.