Real estate in brief

TRD New York /
Apr.April 05, 2010 05:44 PM

Non-profits head to Chelsea
Three non-profit organizations have signed full-floor leases at 147 West 24th Street between Sixth and Seventh avenues, according to landlord the Moinian Group. All three groups, the Audre Lord Project, QEJ and the Sylvia Rivera Law Project, represented by the Kaufman Organization, signed five-year leases for the 2,500-square-foot floors. The non-profits have related goals, each focusing on economic and social justice.

City begins landfill remediation on Staten Island

The city began a $266 million remediation project on a Staten Island landfill today, according to the mayor’s office. The project, which is expected to be complete in 2015, will result in a 132-acre park. The process of landfill remediation, which includes four main steps — stabilization, mining, sorting and treatment — allows for previously contaminated land to be rezoned and reused. The Brookfield Avenue landfill, located at the corner of Arthur Kill Road in the Great Kills neighborhood, had been blighted by an illegal toxic dumping in the 1970s — a crime that Mayor Michael Bloomberg said would be rectified by the remediation process. “For far too long, this neighborhood on Staten Island has been blighted by a fenced-off dump with a sordid history,” Bloomberg said. “For more than 20 years, there have been a lot of empty promises and false starts.”

Best Buy marks final tenant in NJ retail plaza

Riverdale, N.J. retail plaza Riverdale Crossing has signed a new tenant, Best Buy, for 32,000 square feet, closing out the remainder of its available space. The 260,000-square-foot shopping center, which has been open since 2006 and is owned by Garden Commercial Properties and located at 48 Route 23 North, includes several big box retailers, including Wal Mart, Border’s Books and Music and the Sports Authority. The Best Buy store is expected to open in June. TRD

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