Top Stories
The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units
Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
YS Developers and Rabsky Group acquire
1150 Broadway site for $23.5 million
Brooklyn, NY JLL Capital Markets arranged the $23.5 million sale of 1150 Bdwy., a residential development site in Bedford-Stuyvesant. JLL represented the seller, A-PLUS International Realty, and negotiated directly with the buyers, Brooklyn-based YS Developers and Rabsky Group.
Titan Real Estate hosts groundbreaking
of $185 million Park Square Yonkers
Yonkers, NY In an important milestone in the economic renaissance, senior executive Mitchell Del Gais of Titan Real Estate Development LLC joined with mayor Mike Spano and elected officials from the city, Westchester County and New York State on July 21 to celebrate the groundbreaking for Park Square Yonkers, a new transformative mixed-use residential development.
Lehman College and MADDD Equities cut ribbon at The Lehman Grand
Bronx, NY Local elected officials joined Lehman College and MADDD Equities to cut the ribbon at The Lehman Grand, the first student dormitory at Lehman College. Opening ahead of the fall 2026 semester, the new dorm adds much-needed campus housing with apartment-style living for more than 180 students.
NYREJ's 2026 Women in Commercial Real Estate Spotlight is here!
The New York Real Estate Journal is pleased to present this years Women in Commercial Real Estate Spotlight, honoring the outstanding women and woman-owned firms that make a measurable impact across the commercial real estate landscape.
Marcus & Millichap arranges $16.4 million sale of mixed-use
Brooklyn, NY Marcus & Millichap brokered the sale of 235-237 Kent Ave., two mixed-use buildings in Williamsburg, for $16.4 million. “We are happy to successfully complete a round trip for our seller, whom we previously sold the property for $12.3 million in 2021 during the pandemic,” said Shaun Riney of Marcus & Millichap in New York City.
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Fifth Ave. penthouse opens bidding with 100% of proceeds benefiting conservation in Africa
Manhattan, NY Concierge Auctions has met and bidding is officially open at $8.25 million for a penthouse crowning the landmarked Sohmer Piano Building in the coveted Flatiron District. Offered in cooperation with Lawrence Treglia and Claire Groome of Sotheby’s International Realty and listed for $14.9 million
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Kostow Greenwood Architects partners in the completion of Pacha NY - multi-faceted venue
Manhattan, NY KGA (Kostow Greenwood Architects) has contributed to the completion of Pacha New York, a new outdoor venue for the legendary Ibiza-born entertainment brand’s expansion into New York City.
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JLL secures $617 million in total capitalization for Grubb Properties
Manhattan, NY JLL’s Capital Markets group’s M&A and Corporate Advisory, Corporate Banking Advisory, and Debt & Equity Advisory teams collectively secured $617 million in in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT, Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story Class A multifamily development in the Financial District.
A new force in land development: PWGC adds Peveraro to lead expanded engineering practice
Bohemia, NY Dan Peveraro, PE, has joined P.W. Grosser Consulting Engineer & Hydrogeologist, D.P.C. (PWGC) as director of land development engineering. His arrival marks a deliberate expansion of PWGC’s civil site capabilities and a direct investment in serving the development and commercial real estate community across Long Island and New York State.
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Signing a new office lease may feel like the end of a long process, but in many ways, it is just the beginning. Once the lease is signed, businesses have to turn decisions made on paper into a functioning workplace. Furniture needs to be
Anyone who has spent a career operating commercial real estate in New York understands just how complex our regulatory environment has become. Local, state, and federal requirements touch virtually every aspect of our buildings — from life safety systems
New York, NY Colin Foster is the founder and chief innovation officer of Virtual Service and the creator of Virtual Doorman, the pioneering remote building-wide entry and access management platform for residential buildings.
Rockland County doesn’t have a housing crisis. It has a community crisis. We’ve spent years arguing over density, parking ratios, building heights, traffic counts, and sewer capacity.
Education is the foundation for success. A premiere member benefit for NYSCAR members is the opportunity to take advantage of free commercial education via Zoom with quality instructors! Courses that also fulfill the required courses for NYS continuing education (CE) license renewal
By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges
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