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Merrick Academy Breaks Ground on New School Building at 134-11 221st Street in Laurelton, Queens

7:30 am on August 29, 2024 By Max Gillespie

Construction has begun on a new four-story school building at 134-11 221st Street in Laurelton, Queens. The 60,000-square-foot structure will support the Merrick Academy Charter School’s growing K-8 program and is planned to accommodate 1,000 students.

Vuori Opens New Storefront At 120 Fifth Avenue In Union Square, Manhattan

7:30 am on August 28, 2024 By Max Gillespie

Global performance apparel retailer Vuori has opened its third Manhattan store at 120 Fifth Avenue in Union Square on Friday. The brand is occupying a retail space that spans 4,500 square feet on the ground floor of the building.

Rendering of AVE Hamilton Green, via Thompson & Bender

Developers Celebrate Topping Out of AVE Hamilton Green at 200 Hamilton Avenue In White Plains

7:00 am on August 27, 2024 By Max Gillespie

Local officials joined senior executives from the Cappelli Organization, RXR, and Korman Communities to celebrate the topping out of AVE Hamilton Green at 200 Hamilton Avenue in White Plains. The $650 million project involves the repurposing of the former White Plains Mall into a mixed-use residential development. The topping out ceremony was highlighted by the unfurling of a large American flag from the two-tower project.

Photograph from 'City of Yes' affordable housing announcement, via nyc.gov

Mayor Adams Issues Executive Order To Review City-Owned Land For Potential Housing Development

7:00 am on August 26, 2024 By Max Gillespie

New York City Mayor Eric Adams has announced the issuance of executive order 43, which requires city agencies to review their city-owned and controlled land for potential housing development sites. The executive order, which builds off the goals of the “City of Yes for Housing Opportunity” proposal, aims to support the Adams administration’s goal of building 500,000 new homes by 2032 to address the city’s affordable housing shortage.

Transitional housing property owned by Fundamental Advisors, via fundamental.com

Slate Property Group Closes $210 Million Refinancing Package For Transitional And Affordable Housing Portfolio

7:00 am on August 25, 2024 By Max Gillespie

Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing package for their joint venture’s transitional and affordable housing portfolio. The transaction, designated as a social bond, was made possible by Freddie Mac in a first-of-its-kind engagement to provide liquidity to social impact financial institutions that bring affordable housing to low-income communities and underserved populations.

Rendering of Birch House, courtesy of Halpern Real Estate Ventures

New Renderings Revealed For The Birch House At 49 Fisk Street In Jersey City, New Jersey

7:30 am on August 24, 2024 By Max Gillespie

New renderings have been revealed for Birch House, a new rental development located at 49 Fisk Street in Jersey City, New Jersey. The new renderings are being released in tandem with the completion of the project’s amenities, and comes amid a surge in summer lease activity at the property. The property is being developed by Halpern Real Estate Ventures.

Rendering of the Daymark Condominiums, courtesy of Cahn PR

The Daymark Condominiums Progresses at 1 Palisades Boulevard In Sleepy Hollow

7:30 am on August 23, 2024 By Max Gillespie

The Daymark, a new waterfront condominium project at 1 Palisades Boulevard in Sleepy Hollow, has made progress toward construction completion. The property is being developed by Biddle Real Estate Ventures and PCD Development and has secured ten new contracts over the summer.

Rendering of proposed + POOL in the East River, via pluspool.com

Plans Revealed To Open Floating + Pool At Pier 35 on the Lower East Side of Manhattan

7:30 am on August 14, 2024 By Max Gillespie

New York City Mayor Eric Adams and New York Governor Kathy Hochul recently announced plans to bring a + POOL, a filtered floating pool, to a section of the East River near Manhattan’s Lower East Side. The pool, which will be located off of Pier 35’s dock, is part of a broader effort to expand swimming access across the city.

222 E. Broadway. Rendering by Binyan Studios

222 East Broadway Relaunches As 222 LES Tower + Lofts on the Lower East Side of Manhattan

7:00 am on August 12, 2024 By Max Gillespie

Optimum Asset Management, a real estate investment and development firm, has announced the rebranding and relaunch of 222 East Broadway on Manhattan’s Lower East Side. The building, which is nearing completion, is being relaunched as 222 LES Tower + Lofts. The sales and marketing for the development will now be led by Corcoran Sunshine Marketing Group.

Warby Parker Opens New Store at The Fairfax on the Upper East Side of Manhattan

7:00 am on August 11, 2024 By Max Gillespie

Warby Parker recently signed a lease for a 1,400-square-foot retail space at The Fairfax, located at 201 East 69th Street in Manhattan’s Upper East Side neighborhood. The store is set to open this month.

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