Category : Construction & Design

Brookfield Properties Celebratesstate-of-the-art office tower,
Construction & Design

Brookfield Properties Celebratesstate-of-the-art office tower,

REW
by REW4240
Brookfield Properties today announced the topping out of Two Manhattan West, the second of two world-class office skyscrapers situated in the dynamic new Manhattan West neighborhood. The topping out brings the building to its full 58-story height, marking a significant milestone toward the building’s completion in 2023, as well as...
Martinique Hotel in Midtown Reopening; New Architect of Record
Construction & DesignFeatured

Martinique Hotel in Midtown Reopening; New Architect of Record

REW
by REW4699
Steven Kratchman Architect P.C. has been appointed Architect of Record (AoR) by Burnett Equity, the new owner of the MartiniqueNew York on Broadway hotel, to continue renovations it slowly began 15 years ago with the former owner of this historic property, which at that time was a struggling single-room occupancy...
Woodmont Industrial Partners Acquires Site in Allentown, Pennsylvania
Construction & Design

Woodmont Industrial Partners Acquires Site in Allentown, Pennsylvania

REW
by REW3214
Woodmont Industrial Partners, a national developer and owner of industrial properties, today announced the acquisition of 2401 West Emmaus Avenue in Allentown, Pennsylvania. The site consists of a 91,350-square-foot building on 13.75 acres and is leased on a short-term basis. Woodmont Industrial Partners plans to re-position the site into a...
Federal Realty Plans Redevelopment at Huntington Shopping Center
Construction & Design

Federal Realty Plans Redevelopment at Huntington Shopping Center

REW
by REW6151
Federal Realty Investment Trust (NYSE: FRT) has announced a complete redevelopment of Huntington Shopping Center on Long Island in Huntington Station, NY, including the addition of Whole Foods. A $75M investment will result in updated facades, reconstructed parking lots, new landscaping and walkways, and outdoor seating areas at the Center, which sits...
Big Year for County IDA and LDC With More Than $1.2 Billion in Private Investment
Construction & DesignFeatured

Big Year for County IDA and LDC With More Than $1.2 Billion in Private Investment

REW
by REW3184
2021 was another big year for the Westchester County Industrial Development Agency (IDA) and the Westchester County Local Development Corporation (LDC) as they provided financial incentives and tax-exempt bond financing to major developments representing more than $1.2 billion in private investment in Westchester County’s economy. “As Westchester re-emerges from the...
Construction & DesignDeals & DealmakersResidential

HPD Announces Plans For 100% Affordable Development In Brooklyn

REW
by REW7979
 The New York City Department of Housing Preservation and Development (HPD) today announced the development partners and plans for Site 1 of the Bedford-Stuyvesant Community Wealth and Wellness RFP. Almat Urban and the Bedford-Stuyvesant Restoration Corporation will transform a City-owned site in Central Brooklyn into a 100 percent affordable homeownership development...
HPD Announces Plans For Affordable Housing And Facilities in Bronx
Construction & DesignDeals & DealmakersFeaturedFunds and FinanceResidential

HPD Announces Plans For Affordable Housing And Facilities in Bronx

REW
by REW6870
 The New York City Department of Housing Preservation and Development (HPD) today announced plans to bring more deeply affordable housing and community space to the Bronx, advancing a key commitment of the Jerome Avenue Rezoning to transform a city-owned site on River Avenue. After a thorough Request for Proposals (RFP)...
NYCHA and HDC finalize $1.4B deal for Brooklyn Residents
Construction & DesignDeals & DealmakersFeaturedFunds and FinanceResidential

NYCHA and HDC finalize $1.4B deal for Brooklyn Residents

REW
by REW13849
On Tuesday, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of three Permanent Affordability Commitment Together (PACT) transactions to fund comprehensive renovations for 5,226 apartments across six NYCHA campuses in Brooklyn: Williamsburg Houses, Linden Houses, Penn-Wortman Houses, Boulevard Houses,...
Newmark announces $476 million recapitalization of 225 Binney Street
Banking and FinanceConstruction & DesignDeals & DealmakersFeatured

Newmark announces $476 million recapitalization of 225 Binney Street

REW
by REW2390
Newmark announces the $476 million recapitalization of 225 Binney Street, a 305,212-square-foot office complex located in Cambridge, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen and Managing Director Samantha Hallowell of the firm’s Boston Capital Markets Group procured a global institutional investor...