Developer SL Green has again partnered with Michelin-starred chef Daniel Bolud on a dining concept in Manhattan. This time, the venture will launch a European-style marketplace and a steakhouse at One Madison Avenue, a new Class A office building currently under construction in Manhattan’s Flatiron District.
Kasa Living has opened its latest apartment-style hotel property at 120 Allen Street on Manhattan’s Lower East Side. Known as Kasa Lantern LES, the ten-story building comprises 20 short-stay rooms styled as condominium homes.
Construction is complete on phase one of the Sendero Verde complex, a 361-unit residential tower at 60 East 112th Street and the largest Passive House development in the country. Located in East Harlem, Manhattan, the tower stands 15 stories tall and comprises roughly 395,000 square feet.
Roc Nation, the entertainment agency founded by Jay-Z, is the latest partner to support a proposed casino at 1515 Broadway in Times Square, Manhattan. The project, currently known as Caesars Palace Times Square, was first announced by developer SL Green and Caesars Entertainment and could provide billions of dollars in tax revenue to New York City and New York State.
CBRE has originated a $12.3 million loan to facilitate an extensive capital improvement and remediation project at River View Towers in Hamilton Heights, Manhattan. Located at 626 Riverside Drive near Riverside Park, the 24-story Mitchell Lama property was completed in 1964 and comprises 385 affordable cooperative units.
