NYC Housing Policy Update

138 Spring St. in SoHo, also known as 90 Wooster St., has sold for $43.7 million. The property is a six-story mixed-use office and retail building, and the buyer was Evergreen Peak LLC, a Manhattan-based developer operating out of 136 Madison Ave. Alex Riguardi, a director with JL Capital Markets in the New York office, […]

A partnership of master developer RXR and Chuo Nittochi America Corporation Team held a groundbreaking ceremony for its newest residential development within Garvies Point, The Arden. Representing the next phase in a multi-phased transformation of Glen Cove’s waterfront on Long Island, The Arden will rise five stories and feature 101 residences ranging from studios to three-bedrooms.  […]

“The housing sector is not out of the woods yet,” said NAR Chief Economist Lawrence Yun.