New York

By Veronica Grecu, Associate Editor
Jones Lang LaSalle announced in an official statement this week that the U.S. Green Building Council has awarded a LEED Gold certification to the Empire State Building, as further recognition from the $550 million Empire State […]

By Veronica Grecu, Associate Editor
The long-awaited renovation project of Brooklyn’s historic Parkside Ave. finally started in the presence of members of the Flatbush community and city and state officials who attended the groundbreaking ceremony. The $3 million Parkside Playground project […]

By Veronica Grecu, Associate Editor
Three key Brooklyn communities enrolled in a three-year strategic program called “Brooklyn Greens” are planning several events and initiatives that would encourage young people, adults and community institutions to improve their local environment through energy-efficient actions. […]

By Veronica Grecu, Associate Editor
The commercial real estate transactions cited by Citibizlist that were closed this week in New York City show signs of improvement in the market.
The entire fourth floor of an office building located at 1150 Avenue of […]

By Veronica Grecu, Associate Editor
One of the most daring real estate developments will take shape at 1717 Broadway at 54th Street in Manhattan. In an official statement released this week, global hotel chain Marriott International and Granite Broadway Development announced […]

By Veronica Grecu, Associate Editor
New York’s affordable housing initiative has come a long way—with $1.3 billion invested in the plan and 15,827 units of affordable units financed for middle-class and low-income residents in Fiscal Year 2011, which ended on June […]

By Veronica Grecu, Associate Editor
After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long […]

By Veronica Grecu, Associate Editor
A report by Citi Habitats, New York’s largest rental residential brokerage, shows that the city’s rents continued to increase in the second quarter while vacancy rates have fallen to a historic 0.72 percent in Manhattan. Average […]

By Veronica Grecu, Associate Editor
New York’s Chelsea Hotel, which was purchased earlier this year by developer Joseph Chetrit for more than $80 million, will undergo major renovation. Although the exterior renovation is limited because of the building’s Queen Anne architectural […]

By Veronica Grecu, Associate Editor

Senior Housing News highlights New York City’s adherence to the national effort to become more green and sustainable. An example is the completion of Serviam Gardens, an affordable housing complex for low- and moderate-income Bronx […]