NEW YORK CITY-Following a vote by the Brooklyn Bridge Park Board of Directors, the 550,000-square-foot development will include a 200-room hotel and 159 residential units at Pier 1.
NEW YORK CITY-After hinting at it during REITWeek, SL Green hit a double-whammy: it has re-uped the City of New York Department of Law’s lease for 20 years and received a new loan from Wells Fargo at the Lower Manhattan office building.
NEW YORK CITY-In continuing its portfolio diversification strategy, the privately-held REIT is developing three new projects across the city, says company founder and chairman David Lichtenstein.
NEW YORK CITY-At a grand opening ceremony for the $99 million 222-unit project in the South Bronx this morning, the federal secretary for Housing and Urban Development said the building should be used as a national example for sustainability.
NEW YORK CITY-Related and Sterling's plans for a massive one-million-square-foot megamall in Flushing goes beyond just retail--and has the potential to create the next big tourist attraction.
NEW YORK CITY-The managing partner of Ernst & Young’s Construction & Real Estate Advisory Services practice has been promoted to become the global leader of the organization’s Real Estate Advisory Practice.
NEW YORK CITY-A spokesman for Swig confirms to GlobeSt.com that the financing for the 900,000-square-foot building replaces the existing troubled loan from Lehman Brothers.
NEW YORK CITY-In the second big announcement for Queens, the United States Tennis Association unveiled plans to expand the Louis Armstrong and Grandstand facilities at the 42-acre site in Flushing. A USTA spokesman says the work is slated for completion in 2018, pending all necessary land use approvals.
