Clover plans to develop $7 million 150-unit senior apartment project
Clover Management Inc. has proposed the construction of a $7 million senior housing complex at the corner of Broadway and Pavement Rd. The proposed project for the vacant property will contain 150 senior apartments.
According to Michael Connors of Clover, the project will feature one and two-bedroom units that will range from 700 to 850 s/f.
Clover submitted the project to the Lancaster Planning board and pending approvals, construction will begin later this year or in the spring of 2009. According to Connors, it will take a year to build the complex.
Clover is also building two other senior housing projects that include the 164-unit Crestmount Apartments in Tonawanda and the 120-unit Southpointe Senior Apartments in Hamburg.
Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10th St. in Greenwich Village
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account