Abandoned buildings blight Flushing Avenue 07/29/09 Across the street from the affordable housing complex Marcy Houses lies
a block of Flushing Avenue that has been particularly hard-hit by
recent construction stops. The block,...
Q & A with South Bronx redevelopment expert Phillip Morrow 07/20/09 Phillip Morrow is the president and CEO of SoBro, the non-profit South Bronx Overall Economic Development Corporation, whose goals include improving affordable housing in the ar...
Hunter College helps out Muss condo-to-rental conversion 07/13/09 Muss Development has converted its luxury condominium project in East Harlem called 119th and Third to a rental, with discounts for Hunter College students and faculty. In mid-M...
Manhattan new building permits drop 70% 07/08/09 New building permits issued in the first five months of the year showed a year-over-year drop in all five boroughs for the second year in a row, according to data prepared by th...
New 421-a rule could save stalled projects 07/06/09 A policy change last week affecting applications for 421-a tax
exemption could help save the tax rebates for a lot of projects that
got into the ground last year. The Departme...
Where in the world did Shvo go? 07/01/09 No one personified the excesses of mid-2000s New York City quite like
Michael Shvo. The slick-haired Israeli émigré burst onto the real
estate scene in 1998, an audacious 20-s...
Hudson secures $43M for green East New York project 06/29/09 Hudson Development received $43 million in financing last week for an
East New York project that will be the first affordable housing in the
outer boroughs to have solar panel...
Conway Stores takes space at Related's Gateway Center 06/24/09 Rendering of the Gateway Center at Bronx Terminal MarketNew York City-based discount department store Conway Stores has taken
18,000 square feet at the Related Companies Gatewa...
Related faces opposition to 92nd Street tower 06/18/09 A showing of over 100 Upper East Side residents yesterday and speeches
made by politicians were a testament to the enormous community
opposition the Related Companies faces ov...
Elliman and Prodigy in, Corcoran Sunshine and Core out 05/27/09 Dottie Herman's Elliman replaces Kelly Kennedy Mack's Corcoran Sunshine as marketing agent at Arris Lofts.
Two more developments have pulled sales-team switcheroos in a tough r...
Federal law could jumble NYC appraisals 04/22/09 A federal law that will soon bump up the involvement of appraisal
management companies nationwide could have a negative impact on the
accuracy of valuations in the New York Ci...
Stimulus money could help retrofit New York office buildings 04/15/09 The slice of the billions of dollars in federal money outlined by the
Treasury Department in the stimulus package signed by President Obama
in February will come to New York C...
Ridgewood Theatre up for landmarking 03/21/09
Ridgewood Theatre, then (left) and now
The 92-year-old Ridgewood Theatre at 55-27 Myrtle Avenue in Ridgewood, Queens, is
up for designation by the city's Landmarks...
Buyers look to 40-year-old federal law to revoke contracts 03/16/09
From left: Laurel and Chelsea Stratus
Hundreds of condo buyers in new developments in Manhattan,
Brooklyn and Queens are awaiting settlements or court decisions that
...
Closing service thrives in downturn 02/11/09 In yet another sign of the slowing new development market, Closers
Consulting, a service that assists in coordinating the closing process
in new development sales, has seen a ...
Price cuts at city's first LEED Platinum mixed-use building 01/16/09 What is on track to be the city's first LEED Platinum mixed-use project
is expected to be completed in one month, despite an apparent lack of
interest from buyers. The buildin...
Dock Street Dumbo rezoning gets nod 01/15/09 Two Trees Management has kicked off the seven-month Uniform Land Use Review Procedure for its Dock Street Dumbo project on the right foot this time,
getting a nod from the loca...
