News: Brokerage

Roe Developments' Star Tower is 50% sold

According to Roe Development Corp., more than 50% of the residences have been sold at The Star Tower, one of Long Island City's tallest residential condominiums, in just four months. When completed in winter 2009, the glass tower will rise 25 stories and will offer residents views of the Manhattan skyline. Located at 28-02 42nd Rd., The Star Tower will contain 180 one and two-bedroom residences ranging from 617 s/f to 1,213 s/f. Roe Development Corp. is a Manhattan-based real estate owner, developer, construction and investment company with more than 30 years of experience in the ownership, development, sales, management, leasing, and financing of residential and commercial properties throughout New York City.  Following its success with Fusion Condominium in Long Island City, the company is currently developing its newest luxury condominium project, The Star Tower, and plans to develop additional condominium and townhome projects around the New York metropolitan area.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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