Construction & Design
$560M Queens public housing transformation complete
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The redevelopment was NYCHA’s first and the country’s largest single-site conversion under HUD’s Rental Assistance Demonstration. A ribbon cutting was
Deals & Dealmakers
AROUND TOWN: upcoming events you need to know about
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CREW Leading Ladies June 19: CREW-NY will host its annual Leading Ladies of Real Estate Series featuring three women at the forefront of the commercial
Deals & Dealmakers
Agency moves out of co-working space
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CBRE announced that Colangelo, a marketing agency based in Connecticut, signed a deal to relocate its headquarters in Norwalk, Conn. The firm will occupy
Deals & Dealmakers
Enterprise names Priscilla Almodovar CEO
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Priscilla Almodovar has been named CEO of Enterprise Community Partners, following a unanimous vote by its board of trustees. Enterprise is a leading national
Residential
WHO’S NEWS: Residential appointments & promotions
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William Pitt-Julia B. Fee Sotheby’s International Realty announced two new senior leadership positions. Carolyn Fugere will serve as Vice President of
Residential
NEW DEVELOPMENT: Permits filed for One Sullivan Place
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● STERLING TOWN EQUITIES Permits filed for Prospect Park property Permits have been filed for a long-awaited new Prospect Park apartment building.
Banking and Finance
CDT completes $120M capital raise for housing development
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The Community Development Trust (CDT), which provides long-term and equity capital for the creation and preservation of affordable housing, announced its
Residential
HAVE YOU HEARD? Cuomo and Lee selling country home
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The country home of Emmy-winning TV host and best-selling author Sandra Lee and New York Governor Andrew Cuomo is listed for sale with Houlihan Lawrence.
Construction & Design
Largest rental development in Manhattan is topped out
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Executives from The Moinian Group, including Joseph Moinian (center, right) and Oskar Brecher (far right), Tishman Construction, including Jay Badame (center
Deals & Dealmakers
Real estate to weigh in on campaign finance reform, other ballot issues
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When New Yorkers head to the polls to vote in tomorrow’s midterm elections, there will be little mystery about who will represent the city in Albany and Washington, D.
Deals & Dealmakers
Berkadia structures loan
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Berkadia helped secure equity and debt financing for the acquisition of Park Crossing Apartments, a 280-unit multifamily garden-style property in Lilburn, Georgia.
Banking and Finance
Merchants closes $42M hotel loan
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The hotel developers are building one of New York’s largest billboard and observation decks on the roof. Merchants Hospitality and Roche Enterprises have