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Ownership of affordable housing complex transferred for $15.18 million
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475 West 57th Street, PropertyShark By Roland Li The ownership of an affordable housing development at 475 West 57th Street has been transferred for $15.
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Report: Industry shielded from rising rates
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STEPHEN RENNA While benchmark interest rates are expected to rise in 2015, a new survey shows that most real estate executives are not as worried about
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FEMA sets up at Muss Tower
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FOREST HILLS TOWER Muss Development has signed the Federal Emergency Management Agency to a 200,000 s/f lease at Forest Hills Tower to serve as the agency’s
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Onyx taps AY to lease Meadowlands property
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Avison Young has been selected as the exclusive office leasing agent for 1099 Wall Street West, a 120,000 s/f office building in Lyndhurst, N.
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New York opens its doors for annual architecture look-see
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Open House New York, a citywide celebration of architecture and urban design, gets underway this weekend. On Saturday and Sunday, October 14 and 15, Open
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Kaufman Organization chair George S. Kaufman dead at 89
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–Courtesy of the Kaufman family & President Steven J. Kaufman The Kaufman Organization mourns the passing of its esteemed Chairman, George S.
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Acadia gearing up to complete Nostrand block
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Acadia Realty Trust is nearing completion of a $3.7 million capital improvements campaign at five properties the firm acquired in Sheepshead Bay, Brooklyn
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Demand for institutional projects on the rise
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By Sarah Trefethen Investments in health care facilities, higher education and public infrastructure projects are generating demand for construction work
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Mobbed up? Not us says union leader on eve of crucial membership vote
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By Al Barbarino The leader of a breakaway construction union said this week he wants to “set the record straight” before a group of dock builders vote
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Bronx set to become $2B investment hot spot
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Robust job growth, new retail and residential projects, and pro-business local officials are among the reasons investors are finding the Bronx an attractive
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Non-profit heads downtown
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Cushman & Wakefield announced that Human Rights First, a non-profit organization, has signed a long-term lease at 75 Broad Street. The group will relocate
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Hybrid saving Grace
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Hybrid Capital arranged $13,000,000 in financing for the owners of Grace’s Marketplace, a gourmet food market on Manhattan’s Upper Side.