Queens
New NYC Program Funds Queens Affordable Deal
Enterprise Community Loan Fund and its partners, including Rockabill Development and the New York City Department of Housing Preservation and… Read more
LIC Industrial Goes on the Market for $51M
Cushman & Wakefield is marketing a linear, three-building 117,500-square-foot industrial portfolio in Long Island City for lease and sale. The asking… Read more
Trio of Glendale Apartments Trades for $16M
Ariel Property Advisors has facilitated the sale of the Glendale Multifamily Portfolio, three adjoining apartment buildings in the Glendale neighborhood… Read more
Slowing Market in the Forecast for NYC Investment Sales
New York City’s investment sales market for 2019 is on pace to record its lowest transactional tally in eight years,… Read more
Digging into the Opportunity Zone Weeds
Even as fund managers, developers and investors continue to figure out ground rules of the Opportunity Zone program, a just-released… Read more
LIC’s Lion Match Building Signs Tri-County Care
Cushman & Wakefield has arranged a new full floor lease at the Lion Match Building in Long Island City. Tri-County Care will occupy… Read more
Rare Prewar Apartment Portfolio Listed in Rego Park
B6 Real Estate Advisors has been retained as the exclusive agents of sale for a group of 18 prewar Queens… Read more
B6 Adds Marketing Director, Trio of Territory Managers
B6 Real Estate Advisors has named Dion Duyck as the firm’s managing director of marketing and communications. The recently-launched advisory… Read more
Jason Muss Steps into Presidency at Muss Development
Continuing more than a century of family ownership, Muss Development principal Jason Muss will also serve as its president. Muss,… Read more
NYC Construction May Have Finally Peaked
Construction activity has leveled off following New York’s historic development boom, according to the city’s Department of Buildings. DOB issued… Read more
CBRE Markets 2 Parcels in Queens, 1 in Brooklyn
CBRE has been hired to market three prime development sites in Queens and Brooklyn by owner Majestic Empire Holdings. The… Read more
Chase’s Kurt Stuart: NY Multifamily Outlook, Lending Perspective and Technology Impact
By Dennis Kaiser Connect Media recently got together with Kurt Stuart, area manager for the Northeast Region, including New York,… 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
Citywide Ferry Adds Stop at Navy Yard’s Dock 72
The NYC Ferry will stop at the Brooklyn Navy Yard’s Dock 72 development beginning in May. Part of NYC Ferry’s… 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
Brooklyn, Queens Will See QOZ Investment, Says GFI
Crown Heights in Brooklyn and Far Rockaway in Queens, along with Harlem in Northern Manhattan, are expected to reap investment… Read more
Chase Q&A Series Part 1: An Economic and Demographic Perspective
By Kurt Stuart, Chase Commercial Term Lending I recently had the opportunity to speak with Reis economist Victor Calanog, PhD,… Read more
Alexander’s Closes on $252M Refi of Queens Retail
Alexander’s Inc. has completed a $252.5-million refinancing of its 609,000-square-foot Rego Park II shopping center in the Rego Park section… Read more
Advisory Committee Will Seek Community Input on HQ2
The city and state have formed a Community Advisory Committee (CAC) to share information and solicit ongoing community input about… Read more