Pending sales, especially the 5% jump across all property types, show buyers gaining confidence.
Suburban multifamily, industrial, and medical office assets are likely to see the greatest bump in activity.
Neppl is a fifth-generation Newburgh native, attorney, and a 25-year veteran of New York State government and politics.
As part of the approved plan, the developer will donate the historic Field Home building and a surrounding 3.05-acre portion of the property to the Town of Yorktown for preservation and reuse.
The Village of Mamaroneck is also exploring zoning changes to the industrial area to allow for work/live units, retail and recreational uses.
Together, the two developments will bring 108 new affordable condominium homes to market.
Burlington will occupy a 30,483-square-foot location at Post Road Plaza.
Jenkins blamed rising costs along with lower-than-expected sales tax revenue are the chief contributors to the significant budget gap the county is contending with.
Blackstone Real Estate Debt Strategies provided the financing, the proceeds of which will be used to retire existing debt and fund future leasing activity.
Built in 2016, Quarry Place features 61 one- and 47 two-bedroom units with condo-quality finishes and an average unit size of 977 square feet.
Currently under construction on the Valhalla campus, the Brenda Fareri Pavilion will be a 162,000-square-foot hub of advanced critical care medicine.
The competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3-billion investment.
The 16-story development that is estimated to cost more than $116 million to complete will include a variety of apartments.
With the 5-0 CAC affirmative vote, the Yonkers project now advances for full consideration with the New York State Gaming Location Board.
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