NYC real estate in brief

TRD New York /
Apr.April 16, 2009 12:45 PM

Two new Harlem condos open
R&B Development Group is celebrating
the launch of a two-building condo complex called Windows on 123 with a roof party
tonight at one of the condos, located at 117 West 123rd Street. The larger condo at 117 West 123rd Street has 26 units with an
underground garage, fitness center and roof deck. The
second condo, which has eight floor-through lofts, is at 129 West 123rd
Street. The Corcoran Group is
the exclusive sales and marketing agent for the project.

Cooper Square Realty goes green
Cooper Square Realty has begun a
company-wide environmental conservation program. The firm has 25
steps to go green, including installing light sensors in offices,
using energy efficient light bulbs, programming computers to hibernate after
15 minutes of non-use and setting the default on printers for two-sided
printing. “To have the most impact, we felt we needed to set an example
for our clients and establish Cooper Square as a ‘green’ company,” said
David Kuperberg, CEO of Cooper Square Realty.

Beer distributor gets tax incentives

The Board of the New York
City Industrial Development Agency approved a sales and real estate tax
incentive package that will help Manhattan Beer Distributors acquire
and renovate a 125,000-square foot site in Hunts Point in the Bronx.
The company plans to invest $25 million in the project, which will
result in a $14 million return to the city over a period of 25 years.
The project is expected to create more than 30 construction jobs, and
55 jobs in the new facility.

Ice rink opens in Queens
The World Ice Arena in Flushing
Meadows-Corona Park recently had its grand opening. The rink is open to
the public and has ice skating, figure skating and ice hockey games.
Architecture firm GF55 Partners completed the interior build-out, which
includes locker rooms, bleachers, areas for food service and skate
rental, offices and ticket counter. Ekstein Development is running
the arena.

EDC asks for requests to operate Lower Manhattan pavilion
The
New York City Economic Development Corp. issued a Request for Expressions of Interest for individuals or companies interested in
leasing and operating an enclosed pavilion on Maiden Lane in Lower
Manhattan. The space will be the first of several pavilions built as
part of the city’s East River Waterfront Esplanade and Piers Project.
The project aims to transform underutilized parts of the East River
waterfront into pedestrian-friendly open space. TRD


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