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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Marcus & Millichap arranged the sale of an 11,850-square-foot industrial property in Brooklyn for $5,650,000. The property is located at 30 Richards St. in Brooklyn’s Red Hook neighborhood. “At $565 per square foot on the building’s floor plate, this sale represents a record price for an industrial building in Red Hook,” said Jesse Kay in Marcus & Millichap’s Manhattan office. “This outcome is the […]
Read MoreCo-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 MoreTied to Success simply means we intend to tie every decision, every effort and every initiative to the success of every member of this association.
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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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Four major procurements that comprise the remaining construction packages for the new tunnel are also impacted by the federal funding pause.
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 More“The housing sector is not out of the woods yet,” said NAR Chief Economist Lawrence Yun.
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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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JLL 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 […]
Read MoreIn an email to all HGAR members earlier today, 2026 HGAR President Rey Hollingsworth Falu announced that Nash had “suddenly and tragically passed away.”
Read MoreIn its first phase, the Alliance will focus on building a common understanding of Westchester’s economic composition and the key sectors that drive the local economy.
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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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Could the region see these exorbitant prices decline? The report states perhaps.
Read MoreVornado 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 MoreIn Westchester County alone, more than 1,600 people experience homelessness each night, nearly two-thirds of whom are families with children.
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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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I’m pleased to report that all four of our initial HALO projects which received $13.5 million total are now moving forward…
Read More“Our data shows the market is adjusting rather than declining,” said Richard Haggerty, CEO of OneKey MLS.
Read MoreEdison Properties and Gottesman Real Estate Partners and Tishman Speyer said Tuesday that Tishman Speyer has been selected to provide management services at the Hippodrome, a historic 21-story tower at 1120 Ave. of the Americas in Midtown Manhattan. As part of the assignment, ElevatedNY, the four-floor coworking and move-in-ready office concept at the Hippodrome, will join the […]
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“This merger represents, in a word, opportunity,” said Lou Budetti.
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. […]
Read MoreI’m pleased to report that all four of our initial HALO projects which received $13.5 million total are now moving forward…
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