New York
SPECIAL REPORT: NYHC/NHC Speakers Warn of ‘Mounting Fears’ for Affordable Housing
There may be increasing concern about the prospects for affordable housing. Speakers at the New York Housing Conference (NYHC) and National Housing Conference’s (NHC) 39th Annual Awards program warned that the outcome of Capitol Hill fiscal negotiations may not be favorable to the industry’s production, preservation and investment programs.
Vornado Closes $707M Manhattan Retail Condo Purchase
The Manhattan retail market is on fire and Vornado just grabbed a coveted 114,000-square-foot piece of it.
Via Verde Affordable Housing in the Bronx Wins ULI Award Workforce Housing Model of Excellence
An eco-friendly housing development in the Bronx is one of the three projects nationwide to receive the 2012 Jack Kemp Workforce Housing Model of Excellence Award from the Urban Land Institute (ULI).
Cole Acquires Retail Center in Brooklyn, NY, for $124M
In one of its largest multi-tenant retail transactions of the year, Cole Real Estate Investments has acquired Canarsie Plaza, a 278,000-square-foot shopping center in the Canarsie section of Brooklyn.
ICSC Special Report: 2013 Outlook for Retail Real Estate Appears Promising, if Uneven
What will 2013 bring for the retail real estate market?
Related Cos.’ Hudson Yards Breaks Ground on 26-Acre Manhattan Site
After years in the planning stages, construction of New York City’s largest private development since Rockefeller Center finally got underway Tuesday as city officials joined leaders of Related Cos. and Oxford Properties Group at the groundbreaking of the 26-acre, mixed-use Hudson Yards project.
ICSC Special Report: Executives Welcome Internet as Friend, Not Foe, to Brick & Mortar Retail
As hundreds of owners, retailers and brokers from around the country hustled to close deals on the final day of the International Council of Shopping Centers’ annual fall conference in New York City, retail real estate leaders were weighing in on the broader challenges and opportunities facing the industry.
Special Report: Finding a Framework for Future Global Cities
By 2030 it is likely that 60 percent of the world’s population will be living in an urban setting.
Paramount Sells 228 KSF Property in Times Square
After owning the Candler Tower for six years, Paramount Group sold the 228,000-square-foot office space in Times Square to Epic.
HUD Announces $621M Deal to Refinance Mortgage Loan for NYC Co-op
Backed by a federal mortgage guaranty program that was extended to a co-operative development for the first time, RiverBay Corp. and Wells Fargo Bank have closed on a $621 million deal to refinance the mortgage at Co-op City in the Bronx.