Bronx
Development Site Changes Hands in Bronx’s Belmont Neighborhood
Ariel Property Advisors has facilitated the sale of 4477 Third Ave., a favorably-zoned development site in the prime Bronx neighborhood… Read more
Amazon Leases Bronx Space for “Last Mile” Deliveries
Amazon has leased a 120,000-square-foot warehouse facility in Hunts Point in the Bronx, with plans to develop a “last-mile” delivery… Read more
Homegrown Valuation Pro Returns to NYC with NKF Post
NKF has added valuation expert Guy DiRienzo to its New York headquarters. Joining as EVP, DiRienzo comes to NKF with… Read more
Hello Living Launches Investment Platform
Brooklyn-based development firm Hello Living has established an investment platform, “Hello Vision.” The Hello Vision investment platform will provide financing for ground-up and renovation development… Read more
Bronx Leads the Boroughs in Resi Price Gains
The Bronx led the boroughs for residential price gains in the fourth quarter of 2018, with a 12% year-over-year increase,… Read more
Bronx Post Office Revamp Changing Hands
Bronx Post Place, the redevelopment of the historic post office at 558 Grand Concourse, is reportedly trading to a partnership… Read more
Bronx Developer Closes on Financing for $91M Seniors Project
Bronx-based Foxy Management has closed on the financing of its planned Arthur Avenue Apartments, an affordable seniors housing complex set… Read more
Turnbridge Buys South Bronx Site for Industrial Development
Manhattan-based Turnbridge Equities has purchased a 10-acre industrial development site in the South Bronx’s Port Morris area for $56.2 million,… Read more
Bronx Development Site Hits New Pricing High
Cushman & Wakefield has arranged the sale of 761-775 E. 233rd St., a 69,990-buildable-square-foot development site in the Wakefield neighborhood… Read more
Greystone Lines Up HUD-Insured Loan on Bronx SNF
Greystone has provided a $23.9-million HUD-insured loan to refinance a skilled nursing facility property in the Bronx. The non-recourse permanent… Read more
Using RAD for Rehab in NYC
Hunt Real Estate Capital recently arranged for Fannie Mae financing to support acquisition and rehabilitation of a New York City… Read more
Hunt RE Capital Finances $120M RAD Portfolio Deal
Hunt Real Estate Capital has provided financing to facilitate the acquisition and rehabilitation of a 39-property multifamily portfolio in the… Read more
Hello Living Acquires Site for 1st Bronx Project
Hello Living has acquired 1049 Washington Ave. in the Bronx’s Morrisania section, with plans to reevelop it into a 104-unit… Read more
City to Build 3 Health Centers in Outer Boroughs
NYC Health + Hospitals, the nation’s largest public health system, will build three new ambulatory care centers, including one at… Read more
Civic Builders Relocates to Olmstead’s 180 Varick
Handler Real Estate Organization has arranged a long-term, 5,573-square-foot relocation and expansion at Olmstead Properties’ 180 Varick St. on behalf… Read more
CushWake Markets Quartet of Vacant New Builds in Bronx
Cushman & Wakefield has been retained to arrange the sale of The NewCo Portfolio: four vacant, new construction apartment buildings… Read more
Northern Manhattan’s Apt. Market Slips in Q3
Amid a citywide apartment market that performed well during the third quarter, Northern Manhattan struggled, according to Ariel Property Advisors.… Read more
Development Success Means “Timing, Basis, Execution”
By Paul Bubny Two developers with decades of experience and different positions in the marketplace. One is a boutique shop… Read more
Landsea Taps Greystone’s Preschel as Sales VP
Landsea Homes has hired Jill Preschel as its new VP of sales and marketing for the company’s rapidly-growing Eastern region,… Read more