Category : Blog

Chef José Andrés’ ThinkFoodGroup announced that its forthcoming Spanish food hall will debut in Spring 2019 as Mercado Little Spain. A joint venture with Related Companies and Oxford Properties Group and creative collaboration with fellow Spanish chefs Ferran and Albert Adrià, the all-day dining and market destination will be located at the base of 10 …

Work is well underway on the first LGBT-Friendly Affordable Housing Development for Seniors in the Bronx. New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas broke ground last month for Crotona Seniors Residences. Of the 84 apartments, 26 will be reserved for seniors who have been homeless. Any individual who is age- and income-qualified …

A pilot project to give private companies a hand in putting right the city’s crumbling housing stock has been hailed as an overwhelming success. Citizens Housing & Planning Council (CHPC) released an interim study examining the program that transferred management of six Section 8 properties to a new public-private partnership, Triborough Preservation Partners, making new …

Workframe, a collaboration and communication platform purpose-built for commercial real estate (CRE) professionals, raised $9.5 million in Series B funding led by CRE advisory firm Newmark Knight Frank (NKF), which will be rolling out Workframe across its service lines nationwide. The financing also included participation from the venture capital arm...

Real estate tech firm MetaProp has raised $40 million in venture capital from the largest consortium of real estate supporters it has ever gathered. RXR, PGIM Real Estate, Cushman & Wakefield, CBRE, JLL Spark and Altus Group are among those chipping in to finance a potential pilot and test “sandbox” for startups developing new technology …

Home-ownership is an exclusive club in America, one that is aging, wealthy and still largely white. A thriving economy with low unemployment, rising home values and the highest home-ownership rate in three decades might look good on paper, but the reality far is less rosy for many young, poor and black Americans, according to a …

Notarize, a notary public platform allowing a person or business to get documents legally notarized online, announced $20 million in new funding, bringing total f to date to $31 million. The round was led by Polaris Partners, with participation by Lennar Corporation, Peter Thiel’s Founders Fund, Fifth Wall Ventures, Second Century Ventures, the venture arm …

After nearly 40 years in business, brokerage will shut its doors at the end of July leaving 100 brokers looking for new firms and admin staff out of work.

Long Island City’s luxury condo Luna has fully leased out its retail portion thanks to Winick Realty’s Aaron S. Fishbein and Steven E. Baker. The building at 42-15 Crescent Street, between 42nd Road and Queens Plaza South was developed by World Wide Group and is home to 124 luxury rental units. Tasked with filling the …