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Janno Lieber to take reins at MTA as ‘Acting’ chief
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Janno Lieber, the veteran development manager behind some of the nation’s biggest transit developments, has been named Acting Board Chair and CEO of the
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Stern-designed affordable homes get planning okay
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Robert A.M. Stern Architects, the company responsible for some of New York’s most expensive developments, has designed an affordable building to
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Landlords group pessimistic about getting desired rent hike this year
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Landlords group Rent Stabilization Association called for a four percent increase on one-year rent-stabilized leases and an eight percent increase on two-year
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Historic subway station renovation completed in BK
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The Metropolitan Transportation Authority (MTA) and the New York City architectural and planning firm of Urbahn Architects have completed the renovation
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Chetrit acquires $200M stake in Black Spruce apartment portfolio
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Josh Gotlib’s Black Spruce Management has struck a deal with Isaac Chetrit’s AB & Sons to recap half of his firm’s Manhattan multifamily portfolio. AB &
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NRIA set to change skyline of Gold Coast town
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National Realty Investment Advisors (NRIA) is set to break ground for The Grand, the first of two new sustainably built apartment towers that will transform
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ON THE SCENE: Latest middle market sales
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141 DANBURY ROAD CBRE announced the following sales: • A vacant flex office/industrial property located at 141 Danbury Road in Wilton, CT.
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Locals firms help Flatiron District defy city retail slump
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The Flatiron District is proving to be a safe haven from the city’s retail slowdown. Photo by Ludovic Bertron/ Flickr According to a report from the Flatiron
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Brooklyn development site trades for $20M
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JLL Capital Markets has completed the $19.85 million sale of the 251 Front St. development site located in Brooklyn, New York. JLL worked with the seller
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Extell opens is first affordable housing development on Upper East Side
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Council Member Ben Kallos joined Extell Development president and founder Gary Barnett to cut the ribbon on a newly completed residential and commercial
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Gemini Rosemont breaks ground for new Williamsburg apartments
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Gemini Rosemont has broken ground for a new 57-unit apartment property in Brooklyn. Situated at 167-171 North 1st Street in Williamsburg, the seven-story
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Jersey distribution center sold for $22M
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Woodmont Industrial Partners has sold a newly-built distribution center in Woodbridge, NJ, to Denver-based EverWest Real Estate Investors for a reported $22.