Bronx
Q&A with Transwestern’s Stephen Powers: Mission-Focused Nonprofit Real Estate Strategies
By Transwestern’s Stephen Powers Q: What trends are you seeing when it comes to nonprofits regarding their real estate? A:… Read more
Applying Themed Entertainment Principles to Maximize Urban Property Values
By ITEC Entertainment’s Bill Coan A major challenge of maximizing property values in urban areas is procuring tenants to lease… Read more
Bronx MF Sales Continue Their Winning Streak
The Bronx continued its winning streak for multifamily property investment as the third quarter began, according to Ariel Property Advisors.… Read more
City Weighs Expanding Interborough Ferry Service
New York City Economic Development Corporation said it’s studying the feasibility of adding service on the NYC Ferry system, which… Read more
ENT and Allergy Associates Expands at Simone’s Hutch Metro
ENT and Allergy Associates LLP, the nation’s largest full-service otolaryngology and allergy practice and a longtime tenant of Simone Development’s… Read more
Seeing the Opportunities on Development Frontiers
“We see the demand, but the market hasn’t gotten there yet.” That’s Youngwoo & Associates (YWA) partner Margarette Lee on… Read more
Development Site Trades in Newly Rezoned Jerome Ave. District
Ariel Property Advisors has facilitated the sale of 1408 Cromwell Ave., one of the first development sites sold after the… Read more
NYCEEC Finances Clean Fuel Conversions Across 6 Bronx Buildings
Nonprofit specialty finance company NYCEEC has provided $1.4 million in loans to six buildings in the Bronx, all managed by… Read more
CushWake Brokers Sale of Pelham Apartment Portfolio
Cushman & Wakefield has arranged the $53-million sale of a three-building apartment building portfolio in the Pelham Parkway neighborhood of… Read more
$51M Bridge Loans Fund Two Borough Acquisitions
Progress Capital has arranged $51 million in two separate bridge loans for Jorge Madruga of Maddd Equities and Eli Weiss… Read more
Mayor Plans 4 Community-Based Jails to Replace Rikers
A site at 320 Concord Ave. in The Bronx is one of four citywide that would house community-based jails proposed… Read more
Bronx Gets Ferry Service After 80-Year Hiatus
Ferry service has returned to the Bronx for the first time since the 1930s, with the debut of service between… Read more
Dockless Bike Pilot Program Expands to the Bronx
The de Blasio administration’s dockless bike share pilot has arrived in the Bronx, bringing bike share for the first time… Read more
East Harlem, Jerome Ave. Will See Anti-Displacement Pilot Program
A new pilot program from the city’s Department of Housing Preservation and Development will serve as a hub for local… Read more
Investors Favor the Bronx for Higher Returns
Investment properties remained in high demand across the Bronx for the first half of 2018, said Ariel Property Advisors. On… Read more
Simone Adds 7 Tenants to Repositioned Bronx MOB
Simone Development Companies has signed seven leases totaling 26,360 square feet of medical and office space at 34 Marconi St.… Read more
Walmart to Open Jet.com Facility in the Bronx
Although Walmart has yet to open a store under its own name in New York City, it’s about to establish… Read more
Cuomo Spells Out Specifics in South Bronx Initiative
Creation of a Business Improvement Fund and conversion of the 149th Street Bridge into a public plaza are among a… Read more
HUD Program Will Convert 2,400 NYCHA Units to Section 8
The New York City Housing Authority has committed $400 million to renovate nearly 2,400 apartments across 21 public housing developments… Read more