Latest news (Page 18)
Plan to Transform Former Camp LaGuardia Site to Parkland Taking Shape
Orange County purchased the property in 2007 for $8.5 million. Since then, several private redevelopment proposals failed to secure necessary approvals…
Norges Bank Investment Management to Acquire 95% Stake in NYC Office Tower for $543 Million
Norges Bank Investment Management will pay $542.6 million for its 95% ownership interest, valuing the property at a gross value of $571.1 million.
NYC Invests $12.3M for Hostos Community College Life Science Facility at Bronx General Post Office
The new “Allied Health and Natural Sciences Life Sciences Center” will feature modern instructional labs, lab support areas, faculty offices, general classrooms, student spaces, and campus services.
SL Green Signs Deal to Acquire 346 Madison Ave. and Adjoining Development Site for $160 Million
The acquisition of the two adjoining properties represents a strategic opportunity to create a best-in-class new building on a prominent development site in the heart of Midtown East.
New York City Retreats on CityFHEPS ‘Unit Hold’ Incentive; What Realtors Need to Know
This incentive has long been a vital program support. By offsetting potential vacancy costs while applications are pending it makes landlords more willing to participate in CityFHEPS.
Realtor.com Analysis: Nearly $13 Trillion in U.S. Homes Face Severe Climate Risks
The New York metro region ranked No. 2 in terms of total value of homes with severe or extreme flood risk at $295.3 billion. Miami came in first place with $306.8 billion facing severe or extreme flood risk.
NYSDOT Dismisses Two Potential Design Options in Cross Bronx Expressway Project Build Alternatives
Options 1A and 1B, which would have retained a traffic diversion structure and provided post-construction access to it for local-road vehicles or buses, have been dismissed from further consideration based on feedback from the local community.
NAR: U.S. Pending Home Sales Declined 0.4% in July
Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant.
Reports: Resorts World Catskills $561-Million Bond Deal Delayed
Genting Malaysia announced components of the bond sale deal on Aug. 15.
Robert Martin-Dune RE Joint Venture Secures $500M Refi Deal for Westchester Industrial Portfolio
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
Unlock Your Potential: Take the First Step Toward a Career in Real Estate
HGAR’s remote learning approach enables students to learn from any location, and each session is taught live by HGAR’s practitioner faculty members.
Yonkers IDA Grants Final Approval of Incentives for $36.1M Affordable Senior Housing Project
The developer, Buena Vista Group LLC, will receive a sales tax exemption of $1,819,375 and a mortgage tax recording exemption of $849,224.