Category: Owners Developers & Managers

New Rochelle, NY BRP Companies celebrated the grand opening of The Leaf (formerly known as 500 Main), a 477-unit, 26-story, 602,000 s/f mixed-use development located at 12 Church St. Construction at the property began in February of 2022. “The Leaf exemplifies our commitment to transformative, community-driven development that delivers high-quality housing and vibrant amenity spaces to the communities we serve,” said Meredith Marshall,

Manhattan, NY International real estate firm, Time Equities, Inc. (TEI), a diversified investment, development, asset and property management, licensed real estate brokerage, and alternative energy company, has promoted Landon Goodman to chief financial officer.

Manhattan, NY Global Holdings, real estate development and investment firm led by chairman and founder Eyal Ofer, has arranged a lease with Amalgamated Bank for a 94,045 s/f, 15-year deal within 99 Park Ave. The 26-story Midtown East office tower is currently in the midst of a $30 million capital improvement program featuring a detailed facade redesign and the integration

Manhattan, NY A 70-story building with a champagne-colored glass curtain wall structure is about to enter the era of luxury living for Midtown South. 100 West 37^th St., at the corner of 6^th Ave., will bring a futuristic cylinder glass tower to the emerging residential area along with the largest number of ground-up new development units and a new standard of luxury, never before seen in this area.

Real estate developers operating in New York State know that the high cost of taxes and regulatory compliance can be major obstacles to new construction and redevelopment. To address these challenges, New York has established a network of local Industrial Development Agencies (IDAs) and economic development authorities empowered to offer meaningful incentives to stimulate private investment. Created under the General Municipal Law and Local Authorities Law, IDAs provide a variety of financial tools — including tax abatements

Yonkers, NY After 15 years in the making, the demolition of the final building of the former Cottage Gardens Housing Complex took place on March 20 to make room for Willow at the Ridgeway, a new community featuring a new 8-story, all-electric, 100% affordable building with 92 units for seniors.  Attending the demolition were officials from the City of Yonkers, Yonkers Housing Authority

Brooklyn, NY The partnership team of Ailanthus, BEB Capital, and SK Development, revealed project renderings for One Sunset, a 193,000 s/f, 14-story, 187-unit mixed-income housing and retail development located at 201 East 25^th St. in the Sunset Park neighborhood. 

Brooklyn, NY Haussmann Development has launched leasing at The Eve, a seven-story, mixed-income residential building located at 827 Sterling Pl. in Crown Heights. The development introduces 76 new apartments to one of Brooklyn’s most in-demand neighborhoods, including studios, one- and two-bedroom layouts, and duplex residences.

Manhattan, NY Nickerson, a global full-service branding, marketing, PR and communications agency, has welcomed Magnolia (Maggie) Dow-Moore as associate director of real estate, PR and communications. In this new role, Dow-Moore will be integral in helping lead and manage Nickerson’s real estate accounts, driving strategic communications and positioning for the companies’ diverse portfolios of properties.

Brooklyn, NY Triangle Equities and The Michaels Organization, alongside partners Geolo Capital and Helaba Bank, have launched residential leasing at the newly branded “Maxwell Downtown Brooklyn,” a 40-story, class-A, mixed-use residential high-rise tower at 111 Willoughby St. Concurrently with the launch of residential leasing,