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Gilbane, Strada, and CUCS break ground on 1920 Turnbull, affordable/supportive housing
CDE

Gilbane, Strada, and CUCS break ground on 1920 Turnbull, affordable/supportive housing

Bronx, NY Gilbane, in partnership with Strada Development LLC and the Center for Urban Community Services (CUCS), was joined by city and state officials to break ground on 1920 Turnbull, a $175 million affordable and supportive housing development located at 1920 Turnbull Ave. in the Castle Hill/Soundview neighborhood.
Ariel Property Advisors’ arranges financing for eight loans for $25.8 million
Finance

Ariel Property Advisors’ arranges financing for eight loans for $25.8 million

Manhattan, NY Ariel Property Advisors’ Capital Services Group has arranged another $25.8 million in financing across eight loans, securing construction, acquisition and refinancing capital throughout New York City, New Jersey and Connecticut.
NYCHA and PACT Partners, led  by Fairstead and BRP Companies, complete $636 million renovation
ODM

NYCHA and PACT Partners, led by Fairstead and BRP Companies, complete $636 million renovation

Brooklyn, NY The New York City Housing Authority (NYCHA) and Reid Park Rock PACT Partners, which includes Fairstead, BRP Companies, Urbane and the Local Development Corporation of East New York (LDCENY), were joined by residents and elected officials at a ribbon-cutting ceremony marking the completion of the $636 million rehabilitation of Reid & Park Rock homes. 
Brooklyn Sports & Entertainment and Shawmut Design and Construction complete phase three transformation of Barclays Center
CDE

Brooklyn Sports & Entertainment and Shawmut Design and Construction complete phase three transformation of Barclays Center

Brooklyn, NY Brooklyn Sports & Entertainment has completed phase three of its five-year, $150 million-plus transformation of Barclays Center, introducing new arrival, hospitality, art and technology enhancements throughout the arena.
Marcus & Millichap brokers $15 million sale of multi-state NAPA Auto Parts portfolio
Brokerage

Marcus & Millichap brokers $15 million sale of multi-state NAPA Auto Parts portfolio

Palmetto, FL Marcus & Millichap brokered the sale of a nine-property NAPA Auto Parts portfolio for $15,025,104. The portfolio includes properties in Palmetto, FL.; Buford, GA.; Southaven, MS.; Columbia, S.C.; Richmond, VA.; Liverpool, N.Y.; West St. Paul, MN.; Universal City, TX.; and Phoenix, AZ.

2026 Ones To Watch: Innovators In Commercial Real Estate is here!

The New York Real Estate Journal is proud to present Ones to Watch: INNOVATORS IN COMMERCIAL REAL ESTATE, the third installment in our annual Ones to Watch Series. This special section recognizes companies and individuals who are driving innovation, inspiring change, and making lasting impacts within the industry.  You can also read about innovative products and services that fuel growth, streamline success, and help business owners achieve their goals.
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Southern Land Company celebrates opening of Juliette in White Plains

White Plains, NY Southern Land Company (SLC), a national, vertically integrated real estate developer of single-family, multifamily, and mixed-use developments, celebrated the grand opening of Juliette, its new luxury apartment home community at 250 Mamaroneck Ave.
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RKTB Architects delivers major addition to PreK-8 school

Queens, NY Combining infrastructure upgrades and other critical modernization strategies, the recently completed expansion of Public School 116Q, a PreK-8 facility serving the community of Jamaica, celebrated its reopening for the 2026-27 school year with a ribbon-cutting ceremony on October 9. 
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Hoffmann awards 2026 scholarship to Zhou of The City College of New York

Manhattan, NY Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, has selected Matthew Zhou of the Bernard and Anne Spitzer School of Architecture at The City College of New York as the 2026 Hoffmann Scholarship awardee.
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Featured Thought Leadership
Articles and Opinions from Our Contributors
NYS Commercial Assoc. of Realtors president’s message-November 2026 - by Mercedes Brien
The NYSCAR Board of Governors met this fall in September at Turning Stone Resort & Casino in Verona and in October via zoom. The board voted to increase the number of meetings annually to five
Are you showing up when people ask AI about service providers in your industry? GEO is the key - Risa Hoag
Have you noticed that you are probably not "Googling things" the way you used to? Most people are now asking Chat, Claude, Perplexity and others for recommendations; that means your potential customers are too. AI gives you an answer to a question rather than a list of search results.
BOMA New York: Our responsibility to the next generation - by Sharon Hart
One of the things I have always enjoyed about commercial real estate is that it never stands still. Throughout my career, I’ve watched buildings become more sophisticated, tenant expectations evolve, and technology transform how we manage and operate our properties.
The façade is no longer  just a finish. It’s a risk strategy. - by Bentley Zhao
Twelve-billion-dollar weather disasters have already hit the U.S. through the first half of 2026, causing at least $31.9 billion in damage, according to Climate Central, the nonprofit that now maintains the disaster database NOAA discontinued.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Long Island Ask The Experts: Dry-cleaners and commercial real estate - by Chuck Merritt
If you ask an environmental consultant which type of operations concern them the most, dry cleaners are usually the top answer. If you search the internet for Hazardous Waste Sites (HWS) in your home state, usually 7 or more out of 10 results are dry cleaners since historically they use a chemical known as perchloroethylene or PERC and it only takes a little bit of the chemical to cause an environmental impact that is expensive to address.