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Marcus & Millichap facilitates $16 million sale of Brooklyn development site
Brooklyn, NY Marcus & Millichap brokered the sale of 863 Dean St., a development site in the Prospect Heights neighborhood. The asset sold for $16 million. “By strategically launching post-AAMUP rezoning, we capitalized on critical price discovery to maximize asset value.
2026 Developing Queens: Jamaica Development Assemblage
Queens, NY The Mastronardi family has operated a concrete business on a 55,079 s/f lot in Jamaica for over half a century. Last November, the zoning changed. The New York City Council approved the Jamaica Neighborhood Plan, a rezoning of nearly 230 blocks in and around Jamaica Center, described as the largest Mandatory Inclusionary Housing
2026 Developing Queens: Cord Meyer’s $500m Development Push: Shaping The Future of a Queens Legacy
Queens, NY Cord Meyer Development, the sleeping giant of Queens, is wide awake and energized, ramping up its pipeline with more than 400 residential units underway and the opportunity to develop thousands more.
Anchor House breaks ground on $18 million expansion and renovation
Brooklyn, NY Anchor House, Inc. has broken ground on an expansion of its men’s residential treatment facility. Anchor House staff and board members, former President Bill Clinton representing The Clinton Foundation and its Overdose Response Network
Shawmut Design and Construction begins work to transform historic Church into new Children’s Museum of Manhattan
Manhattan, NY Shawmut Design and Construction, a $2.3 billion leading national construction management firm, has officially started construction on the new home of the Children’s Museum of Manhattan
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2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
Avison Young arranges sale of vacant parking garage for $57 million
Manhattan, NY Avison Young arranged the sale of an 8,850 s/f site located at 60 North Moore St. in Tribeca for $57 million. The lot, which has over 100-ft.of frontage between Hudson and Greenwich Sts., hosts a vacant five-story car garage with city-approved plans for two additional floors totaling over 63,000 s/f of buildable interior space.
Rechler Equity unveils Greybarn Patchogue rental community
Brookhaven, NY Rechler Equity Partners celebrated the opening of its newest rental community: Greybarn Patchogue. A ceremonial ribbon-cutting attended by Town of Brookhaven supervisor Dan Panico, and other local elected officials, community organizations, and business leaders was held to mark the unveiling of this residential development.
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RKTB elevates religious communities with housing and mixed-use buildings
Bronx, NY RKTB Architects has unveiled several new housing developments and mixed-use building projects commissioned by communities of faith in the metro New York area. These works, along with recognition by local and national organizations,
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Soloviev Group and Bank of America secure $1.8 billion refinancing of 9 West 57th St.
Manhattan, NY Soloviev Group with lead lender Bank of America secured $1.8 billion refinancing of its flagship tower, 9 West 57th St., according to
Syska Hennessy Group promotes four professionals to associate partner
Manhattan, NY Syska Hennessy Group, the international engineering firm, has promoted four professionals to the level of associate partner. The group represents four different offices within the U.S.
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In jazz, the wrong note is rarely the real problem. The real problem is when nobody is listening. After nearly four decades running an architectural practice, teaching architecture
For the New York real estate community, tax strategy is often a critical driver of project economics, and is uniquely complex. While recent federal changes under the One Big
Real estate attorneys are one of the most attractive targets for scammers and fraudsters. Managing escrow accounts, coordinating closings, facilitating wire transfers,
You have a lot of tools at your disposal when it comes to apartment marketing. Of course there are the two main tools: your marketing websites and listings. But savvy marketers
Every building owner in New York City has heard about Local Law 97. The carbon emissions caps, the $268-per-ton penalty rate, the May 1 annual report deadline: LL97 has dominated
The commercial real estate industry is undergoing a fundamental shift in how buildings compete for tenants. Location still matters, and class and quality remain important, but increasingly what separates a building
