Bronx
The Doe Fund Tops Out Construction on Wakefield Affordable/Supportive Housing
The Doe Fund, a homeless services nonprofit with a portfolio of transitional, affordable and supportive housing throughout NYC, has topped… Read more
NYC Push for More Lab Space Will Spur Development Opportunities, Says Joseph Simone
New York City’s aggressive push to build 10 million square feet of new life sciences laboratories will create new development… Read more
Manhattan College Completes Energy Retrofit of Its Oldest Dorm
Responding to growing social and legislative pressure to decarbonize New York’s aging building stock, Manhattan College has completed the electrification… Read more
Bally’s Tees Up Bid for Bronx Casino on Trump Golf Course Land
Bally’s said Monday that it is working on a bid to build a casino in the Bronx, joining the crowded… Read more
Ariel Closes Sales of Seven Bronx Multifamily Properties
Ariel Property Advisors closed two Bronx transactions totaling $15.325 million. They included the St. Ann’s Portfolio, comprised of six multifamily… Read more
UFT Comes to Bay Plaza in the Bronx with 45,000-SF Office Lease
The United Federation of Teachers (UFT) has leased 45,000 square feet of office space at 2100 Bartow Ave., a four-story… Read more
Simone: Life Sciences Workforce Training Will Help Spur Development
New York’s planned investments in life science workforce training centers will help stimulate real estate development, said Joseph Simone of Simone Development Companies. “New York… Read more
Taconic and Clarion Trade Bronx Apartment Portfolio to Intervest
InterVest Capital Partners has acquired a seven-asset multifamily portfolio totaling 503 units and 497,824 square feet across the Bronx from… Read more
Camber Completes Two Bronx Affordable Deals
Camber Property Group closed on two 100% affordable properties in The Bronx for a total of $56.4 million. The acquisitions… Read more
Agreement with CSX Allows Bronx Greenway Project to Proceed
Following years of a stalemate, the Adams administration has reached an $11.2-million agreement with railroad freight company CSX Transportation to… Read more
Task Force Outlines Steps to Accelerate Conversion of Underused NYC Offices into Housing
A city-led task force has issued recommendations to facilitate the conversion of underused office space into new housing for New… Read more
Rising Ground Sells Campus in Yonkers and the Bronx
OPEN Impact Real Estate LLC brokered the sale of Rising Ground’s 28-acre Leake & Watts campus in Yonkers and the… Read more
JV Acquires Section 8 Portfolio in the Bronx for $108M
A four-property, 477-unit affordable housing portfolio located in the Bronx’s Morrisania, High Bridge, and Belmont neighborhoods traded for $107,500,000, according… Read more
Adams Proposes Revamps for Fifth Avenue, Cross Bronx Expressway
In separate announcements on Sunday and Monday, Mayor Eric Adams unveiled proposals to reimagine two of New York City’s major… Read more
Eastern Union Arranges $79M of Apartment Properties in NJ and Bronx
Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of… Read more
Ariel Property Advisors Closes $34M Sale of South Bronx Portfolio
Ariel Property Advisors arranged the $33,600,000 sale of a 297-unit apartment portfolio in the Bronx. The portfolio includes six multifamily… Read more
Turnbridge Tops Out Construction on Bi-Level Bronx Logistics Center
Turnbridge Equities, a real estate investment and development firm specializing in commercial and industrial opportunities in high-growth and high barrier-to-entry… Read more
NineDot Energy Closes on $85M Construction Loan
NineDot Energy, a leading developer of community-scale clean energy projects backed by the global investment firm Carlyle, has closed a… Read more
Simone Metro Properties’ Joseph Kelleher Passes Away
Joseph Kelleher, president and COO of Hutch Management LLC, a division of Simone Metro Properties, passed away at age 70… Read more