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Former Bronx detention center to become live-work campus
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The former Spofford Juvenile Detention Center in the Bronx is set to be transformed into a “live-work campus” under a plan approved by the city council last week.
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ON THE SCENE: Westbridge Realty Group retained to sell 3480 Boston Road, Baychester, Bronx
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AGENTS BRANDON SINGER Cushman & Wakefield has been retained on an exclusive basis to market for lease the ground and lower level floors of 115
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Olde Good Things to open third Manhattan store
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Olde Good Things, a leading architectural salvage company, is set to open a new flagship store at Abramson Brothers’ 333 West 52nd Street in Hell’s Kitchen.
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Kushner acquires 700-unit VA apartment portfolio
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Kushner Companies has acquired a 710-unit multifamily property in Virginia for a reported $113 million. Colliers International brokered the sale of the
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NEW DEVELOPMENTS: Sales launch at Brooklyn Grove
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● ADAM AMERICA / SLATE PROPERTY Sales underway at Brooklyn Grove The Brooklyn Grove, a new 27-story, 184-residence condominium at 10 Nevins Street in Downtown
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Edison Properties welcomes Canadian fast food chain to Newark
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Edison Properties has signed a lease with Freshii, a fast casual chain that started in Canada and has expanded to over 60 US locations. The eatery has
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Belveron acquires NY firm in big East Coast housing play
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San Francisco-based Belveron Partners, an investment firm focused on workforce housing preservation, has acquired Rochester-based affordable housing builder
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Silverback breaks ground for new midtown condo
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Silverback Development recently broke ground on its new project at 131 East 47th Street with a traditional Chinese Feng Shui ceremonial blessing led by
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$46M Brooklyn multifamily portfolio offered for sale
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Brooklyn developer Alfred B. Thompson is selling two of his legacy properties in Brooklyn. Thompson’s New Start Development has retained Alpha Realty to
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Real estate sales drought costs city $755M in lost taxes
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The Real Estate Board of New York (REBNY) today reported that total September investment and residential sales volume declined 47 percent and tax revenue
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BBCP arranges $32M bridge loan for New Rochelle development
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Black Bear Capital Partners (BBCP) has arranged $32 million in bridge financing on behalf of developer Robert J. Leaf for the refinance of The Millennia
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NYC construction spending expected to bounce back
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New York City construction spending in 2020 is forecasted to exceed actual spending from eight of the past 10 years despite the impact of the COVID-19