Four major procurements that comprise the remaining construction packages for the new tunnel are also impacted by the federal funding pause.
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Doorlist Event Management, Inc., d.b.a. DoorList, an app designed for college students to create and manage social events on campus, has signed a new three-year lease for 3,062 square feet at 322 Eighth Ave. in Chelsea. The circa-1925 office property saw its entrance and facade completely remodeled in recent years. Claire Koeppel and Dylan Weisman of Newmark represented the tenant. Allen […]
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Read MoreRelease Recovery has doubled the size of its facility, now totaling nearly 16,000 square feet: a full floor at 3020 Westchester Ave.
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HGAR Interim CEO Marty Nash Dies
In an email to all HGAR members earlier today, 2026 HGAR President Rey Hollingsworth Falu announced that Nash had “suddenly and tragically passed away.”
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Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.
Read MoreDoorlist Event Management, Inc., d.b.a. DoorList, an app designed for college students to create and manage social events on campus, has signed a new three-year lease for 3,062 square feet at 322 Eighth Ave. in Chelsea. The circa-1925 office property saw its entrance and facade completely remodeled in recent years. Claire Koeppel and Dylan Weisman of Newmark represented the tenant. Allen […]
Read MoreA 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. […]
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Gov. Hochul Gets It: A State of the State That Moves New York Forward—Faster, Smarter and More Competitively
Perhaps the most impactful element of the governor’s State of the State is her direct confrontation with regulatory delay.
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I’m pleased to report that all four of our initial HALO projects which received $13.5 million total are now moving forward…
Read MoreAmerican Express is close to a deal to relocate its headquarters from nearby 200 Vesey St. to Silverstein Properties’ long-delayed 2 World Trade Center, Bloomberg News reported. The financial services firm’s commitment could represent the anchor tenancy needed to begin construction. Published reports first surfaced in September 2024 that AmEx and Silverstein were in discussions […]
Read MoreJLL Capital Markets arranged $19 million in financing for the Edifice Portfolio, a collection of five recently rehabilitated multifamily properties located in Brooklyn. Managing director Jillian Mariutti and director John Flynn represented the borrower, Edifice Partners LLC, a woman-owned real estate development firm based in New York City, in securing a loan facility with City […]
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NYC Comptroller Projects $2.2B Budget Shortfall in FY 2026
Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.
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Vornado Realty Trust has named Newmark as the exclusive leasing agent for the next stage in its retail transformation in the Penn District on Manhattan’s West Side. The Newmark retail team is overseen by chairman of Global Retail Mark Masinter, who will work closely with Newmark’s retail vice chairman Karen Bellantoni, Jackie Totolo, Pierce Thompson and Nick Masinter. The reinvention of Vornado’s […]
Read MoreAmerican Express is close to a deal to relocate its headquarters from nearby 200 Vesey St. to Silverstein Properties’ long-delayed 2 World Trade Center, Bloomberg News reported. The financial services firm’s commitment could represent the anchor tenancy needed to begin construction. Published reports first surfaced in September 2024 that AmEx and Silverstein were in discussions […]
Read MoreRelease Recovery has doubled the size of its facility, now totaling nearly 16,000 square feet: a full floor at 3020 Westchester Ave.
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NAR: Northeast Pending Home Sales Fell 11% in December
“The housing sector is not out of the woods yet,” said NAR Chief Economist Lawrence Yun.
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Co-developers Triangle Equities and Incline Capital closed on the recapitalization of construction financing for the first phase of The Crossings at Brick Church Station, a mixed-use development located directly adjacent to NJ Transit’s historic Brick Church Train Station in East Orange, NJ. The recapitalization totals $133.5 million, led by a $115-million senior secured bridge loan from funds managed by […]
Read MoreIn Westchester County alone, more than 1,600 people experience homelessness each night, nearly two-thirds of whom are families with children.
Read MoreComptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.
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“The housing sector is not out of the woods yet,” said NAR Chief Economist Lawrence Yun.
Read MoreCould the region see these exorbitant prices decline? The report states perhaps.
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