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How affordable housing community is helping close digital divide
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For the millions of New Yorkers who lack high-speed internet access, vital public services like education have become out of reach during the pandemic
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Flatiron development site hits market
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A block-through development site in the coveted Flatiron neighborhood has hit the market. Compass vice president Adelaide Polsinelli is selling the site
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Private developers secure $271M loan to fix public housing
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A private development group has secured $271 million in funding to make repairs to 1,718 public housing units. The New York City Housing Authority announced
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Bronx owner bags $186M green loan to fund portfolio energy improvements
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Black Bear Capital Partners (BBCP) has arranged $186.4 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the
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Monday Properties acquires Nestle-anchored CT office complex
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Anthony Westreich’s Monday Properties has acquired a Class A office complex in Stamford, CT, from tech giant Oracle for $27.25 million. JLL Capital Markets
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City launches $37M loan program for COVID-ravaged small businesses
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Mayor Bill de Blasio and NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced three financial assistance programs available
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Engel Burman to deliver two LI rentals early next year
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Engel Burman announced it expects to deliver two rental projects in Uniondale during the first quarter of 2021 – the age-restricted (55+) Sutton Landing
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Architects relocated to Hudson Street
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MBH Architects has relocated it New York studio to 50 Hudson Street. The company will occupy the entire second floor of the 95-year-old building, which
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Arker, Omni celebrate Thanksgiving with tenants
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The Arker Companies and Omni New York have partnered to give away more than 2,625 turkeys to New York City Housing Authority (NYCHA) residents in nine
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Robert Knakal plans to release book on dealmaking
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Robert Knakal, Massey Knakal By Daniel Geiger Speaking last week at a luncheon in midtown, Robert Knakal said that he had difficulty preparing for the
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Lightstone continues push into logistics sector with $34M buy
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Lightstone announced the acquisition of a 400,000 s/f distribution facility in Charlotte, NC, for $34 million. The property, which will be renamed the
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Bursting at the Seams: Population surge pushing housing shortage to extreme
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The numbers don’t lie – New York City is in the midst of a housing crisis. New York University (NYU) Furman Center released its annual State of New