North Hempstead
REAL ESTATE
NYC developer gets nearly $1B loan to build residential towers overlooking Hudson River
As foundation work proceeds on two dramatically styled downtown apartment towers, the high-profile riverfront project just landed the cash foundation it needed. Atlas Capital Group nailed down a $985 million construction loan to build the towers at 80 Clarkson Street, which it’s developing with Zeckendorf Development and Baupost Group, sources told The Post. The fresh financing — believed to be the largest Manhattan residential-construction loan since before the pandemic — means the full-block project will soon “go vertical” at the Hudson River site between Houston and Clarkson streets. Related Companies to build 1,200-foot skyscraper on Madison Avenue One tower is expected to...
210 Warren Avenue, Mamaroneck, NY 10543, Mamaroneck, NY 10543 - $789,000
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I’m a Real Estate Expert: 8 Overvalued Pandemic Boomtowns That Could Soon Plummet in Value
COVID-19 had a major impact on the U.S. housing market, as a rise in remote work led many urban Americans to relocate to less expensive suburban markets in Sunbelt states. This in turn created...
Sixty affordable senior apartments completed in Yonkers
ALBANY – Governor Kathy Hochul has announced the opening of La Mora Senior Apartments, an affordable 60-unit, modern, and highly energy-efficient building in the Hollow neighborhood of South Yonkers. The $44 million project was developed in partnership with the Municipal Housing Authority of the city of Yonkers. “La Mora...
Bergen County Estate Built By Renowned Architect Listed At $7.5M
A home in Alpine designed by the renowned architect has hit the market for $7.5 million. The listing agents are Richard Orlando and Jason Pierce of Prominent Properties Sotheby's International Realty. The 6-bedroom, 9-bathroom home at 16 Dogwood Ln. has all the fixings, including a diamond cut limestone exterior, Vermont...
Hakimian Affiliate Lands $175M Construction Takeout for Woodside Mixed-Use
Eight West, an affiliate of The Hakimian Organization, has secured a $175-million construction take-out loan from Apollo and Lionheart Strategic Management to finance its newest development, SOLA. The 12-story, 364-unit mixed-use residential project is located at 72-01 Queens Blvd. in Woodside. Newmark arranged the financing for Eight West. The team...
Queens is king of outer-borough office sales in recent years
Brooklyn has long held a reputation for being the city’s top market for office property outside of Manhattan. But recent data shows that Queens scored the most deal volume over the past two and a half years. Though the difference in total volume was small — just under $114...
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