The Real Deal New York

Posts Tagged ‘bronx’

  • From left: 1898 Belmont Avenue and 2082 Crotona Parkway, both in the Bronx, and Rosewood Realty's Aaron Jungreis

    From left: 1898 Belmont Avenue and 2082 Crotona Parkway, both in the Bronx, and Rosewood Realty’s Aaron Jungreis

    Josh Gotlib’s Black Spruce Management picked up an 11-building package in the Belmont, East Tremont and West Farms sections of the Bronx for a combined $51.5 million, The Real Deal has learned. [more]

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  • From left: Stuart and Alan Suna and the Silvercup Studios sign in Queens

    From left: Stuart and Alan Suna and the Silvercup Studios sign in Queens

    Silvercup Studios is opening a 120,000-square-foot facility at 295 Locust Avenue in the Port Morris section of the Bronx. [more]

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  • Donald Trump and Bronx Borough President Ruben Diaz Jr. at Ferry Point and the Throggs Neck Houses

    Donald Trump and Bronx Borough President Ruben Diaz Jr. at Ferry Point and the Throggs Neck Houses

    Donald Trump’s Trump Golf Links at Ferry Point, the new nine-figure taxpayer-funded municipal course, has been controversial from the get-go. While many see the sweeping greens as a vast improvement over what had been a dump, others continue to feel that the luxury course is slap in the face of New York City’s poorest borough. [more]

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  • The Bronx is the new Queens

    May 29, 2015 08:30AM
    Clockwise from left: The Bronx General Post Office, Youngwoo

    Clockwise from left: The Bronx General Post Office, Young Woo, construction at 500 Exterior Street (photo via NY YIMBY), a rendering of FreshDirect’s new office at the Harlem River Yard, Joseph Chetrit and 101 Lincoln Avenue

    For residents of Manhattan, Brooklyn and Queens, coming across new construction projects in their neighborhoods is commonplace. But for the first time in recent history, the Bronx is getting its fair share of the action. [more]

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  • W.B. Mason Bronx

    From left: W.B. Mason logo and aerial view of 1150-1170 Commerce Avenue in the Bronx (inset: James Tack)

    W.B. Mason, the largest privately-held U.S. seller of office supplies, is opening its first distribution center in the city. The Brockton, Mass.-based company inked a 10-year lease for a total of 173,000 square feet on the site of one-story Bronx warehouse. [more]

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  • 1749 Grand Concourse in the Bronx and Steven Vegh (inset)

    1749 Grand Concourse in the Bronx (inset: Steven Vegh)

    After two years, Azure Partners has sold a 17-story rental property on the Grand Concourse in the Bronx for $50 million, The Real Deal has learned.

    The roughly 423,000-square-foot building at 1749 Grand Concourse traded hands three times since 2010. Azure, a Midtown West-based investment firm, sold it to an unidentified Brooklyn-based investor. The building, which includes 274 residential units and four retail spaces, offers about 200 feet of frontage on Grand Concourse. [more]

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  • Bronx Block-front

    From left: Proposed rendering of site in Parkchester, Bronx, and current aerial view (inset: Amit Doshi)

    Joel Wiener’s the Pinnacle Group and the Plymouth Group have plans to develop a block-through Bronx site they bought last week with more than 310,000 buildable square feet, The Real Deal has learned. [more]

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  • 1777 Grand Concourse in the Bronx

    1777 Grand Concourse in the Bronx

    Asden Properties acquired a 170-unit apartment building in the Bronx for $25.6 million, according to property records filed with the city today. [more]

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  • From left: 1511 Sheridan Avenue and 2401 Davidson Avenue

    From left: 1511 Sheridan Avenue and 2401 Davidson Avenue in the Bronx

    UPDATED, 2:45 p.m. April 3: Normandy Real Estate sold seven Bronx properties of a 42-building portfolio for nearly $58 million, according to property records filed with the city today. [more]

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  • West Bronx apartments

    West Bronx apartments

    Real estate in the Bronx is heating up. The borough saw a dramatic increase in investments in office as well as apartment buildings in 2014, according to the Wall Street Journal.

    Sales in the borough rose 39 percent to $2.39 billion, compared to the year before, the newspaper reported. Roughly 70 percent of all the properties sold in the borough were multi-family buildings. [more]

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  • bronx

    From left: 2401 Third Avenue in the Bronx, Keith Rubenstein, Joseph Chetrit and Douglas Harmon

    The Chetrit Group and Somerset Partners are days away from closing on a 1.5-acre waterfront site in the Bronx for $26 million as part of an enormous residential development, The Real Deal has learned. [more]

    25 Comments
  • Bedford Manor Park in the Bronx

    Bedford Manor Park in the Bronx

    Almost 50,000 people are vying for 25 available rent-stabilized apartments in a new Bronx building. [more]

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  • A still of the Coney Island Ferris Wheel in Victor Chu's video.

    A still of the Coney Island Ferris Wheel in Victor Chu’s video.

    Bronx-based photographer Victor Chu is giving the world a penthouse view of New York City’s landmarks with images captured by drone. [more]

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  • 3224 Grand Concourse in the Bronx

    3224 Grand Concourse in the Bronx

    Eli Bleeman’s Paramount Homes, a New Jersey-based developer specializing in building a community of houses, acquired a housing complex in the Bronx’s Bedford Park neighborhood for $16.2 million.

    The eight buildings at 3224 Grand Concourse are each five-story walk-ups and span a total of 147,400 square feet. There are 112 apartments and five commercial units in the development. [more]

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  • E&M sells Bronx-heavy portfolio for $54M

    December 30, 2014 03:29PM
    From left: 159 West 228th Street, Steven Vegh and 2322-2324 Grand Avenue

    From left: 159 West 228th Street, Steven Vegh and 2322-2324 Grand Avenue

    E&M Associates sold a 13-building portfolio, comprised of 11 buildings in the Bronx and two in Northern Manhattan, for $53.7 million, according to city records. [more]

    2 Comments
  • clinton

    From left: 730 Oakland Place, 750 East 179th Street and 740 East 178th Street in the Bronx, and Marco Lala

    Clinton Towers, a three-building affordable-housing complex in the Bronx neighborhood of Tremont, hit the market this week for $70 million. [more]

    3 Comments
  • north-brother-island

    Council member Mark Levine and North Brother Island in the Bronx (credit: Christopher Payne via Untapped Cities)

    Three City Council members have proposed redeveloping the 20-acre, abandoned North Brother Island in the Bronx as a massive public park. [more]

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  • A rendering of the Tremont Renaissance

    A rendering of the Tremont Renaissance

    A 75-block stretch in the center of the Bronx is about to see a tidal wave of affordable housing. [more]

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  • kingsbridge

    Kingsbridge Ice Center rendering and Kevin Parker (credit: Capalino.com)

    A Bronx Supreme Court justice dismissed an ownership claim yesterday from former associates of the Kingsbridge National Ice Center, which is managing the conversion project. [more]

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  • From left: University Heights from across the Harlem River and Brooklyn's Broadway Junction

    From left: University Heights and Broadway Junction

    A pair of long-overlooked spots in the far reaches of Brooklyn and the Bronx are ripe for development, according to two reports released Monday by the Urban Land Institute. [more]

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