BOSTON—The Department of Housing and Community Development is awarding more than $31 million in state and federal low-income housing tax credits. Those credits are projected to generate more than $218 million in equity for the projects.
NEW YORK CITY—Domestic politics and global economic instability continue to weigh on the psyche of both commercial and residential brokers here, according to a new REBNY report.
BOSTON—The project, to be developed by DJ Properties, LLC, will replace a mix of surface parking and vacant light industrial and commercial buildings in the Andrew Square neighborhood of South Boston.
BOSTON—The new Cresa Germany was formerly GVA Worldwide's partner in Germany for the past 15 years. The firm, headed by Arthur Rubinstein, specializes in tenant representation and corporate services.
BOSTON—The Marine Wharf project will involve the construction of two adjacent buildings totaling 320,000 square feet. The two hotels will fly Hilton concept flags—a Hampton Inn and a Homewood Suites.
BOSTON—New York City-based Clarion Partners acquired the two-building complex back in November 2012 for $87.1 million. The 13-story complex totals 184,642 square feet and is currently 87% leased.
NEW YORK CITY—A tenant at the Midtown tower since 1992, the firm extended its lease through April 2025 for three floors and a portion of the concourse level.