Articles by Max Gillespie

Affordable Housing Lottery Launches For 420 Carroll In Gowanus, Brooklyn

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

The Domain Companies, in partnership with VOREA Group, Silverstein Properties, and Cantor Fitzgerald, L.P., has launched an affordable housing lottery for 90 homes at 420 Carroll in Gowanus, Brooklyn. The affordable homes, which are reserved for families earning between 40 and 100 percent of the area median income, represent 25 percent of the total 360 apartments in the development. The project was designed by FXCollaborative.

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 234 East 46th Street. Credit: The CoutHouse

Renderings Revealed For The Perrie At 234 East 46th Street In Midtown East, Manhattan

7:30 am on August 22, 2024 By Max Gillespie

Renderings have been revealed for The Perrie, a new condominium building at 234 East 46th Street in Midtown East, Manhattan. The project is being developed by Cape Advisors. Renderings of the building have been designed by The CoutHouse.

Photograph of 505 West 37th Street, courtesy of TF Cornerstone

TF Cornerstone Welcomes New Lease To 505 West 37th Street In Hudson Yards, Manhattan

7:30 am on August 21, 2024 By Max Gillespie

TF Cornerstone recently announced that Honey Nails, a nail salon, signed a lease for a 1,603-square-foot space at the ground-floor level of 505 West 37th Street, a residential building located in Hudson Yards, Manhattan. The salon, which will open its doors this winter, is Honey Nails’ eleventh location in New York City and its third within the TF Cornerstone portfolio.

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Articles by Max Gillespie

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