Real Estate

1+ day, 11+ hour ago   (181+ words) By: Max Gillespie 7:00 am on September 20, 2026 An official groundbreaking ceremony was held last week and attended by Governor Kathy Hochul and members of the project team. Work is proceeding within the property’s interior courtyard, where the new addition will rise…...

2+ day, 9+ hour ago   (180+ words) Marriott and SomeraRoad are designing 'The Ritz-Carlton Residences, Brooklyn Heights,' a collection of luxury homes at the former Hotel Bossert in Brooklyn, New York. The project will bring the Ritz-Carlton name to the borough for the first time, pairing ownership…...

3+ day, 11+ hour ago   (274+ words) Barings sold its 44-story Riverbank to JPMorgan Asset Management for $243.5 million. The rental property is at 560 W. 43rd St. in Manhattan’s Midtown West submarket. JLL represented seller Barings, procured the buyer and arranged $128.3 million in acquisition financing. Originally developed in the late…...

2+ day, 12+ hour ago   (886+ words) The second largest apartment complex in the state — and the largest in Brooklyn Park — is now called Noma One Apartments. Previously called Huntington Place, the new name reflects a new beginning. The new owners and the management group behind them…...

2+ day, 10+ hour ago   (382+ words) Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations…...

2+ day, 21+ hour ago   (474+ words) Ronald Tucker and Teddy Coleman have been down like two flat tires since childhood, building brotherhood, an unbreakable bond, and a storied history in...

3+ day, 8+ hour ago   (529+ words) Brooklyn's 2025 financial report records a 27% increase in the city's assessed valuation, bringing the total to $430.6 million, the highest figure in the past decade. The median residential sale price also rose, reaching $196,000, up about 16%, or $27,400, from 2024. The assessed-value increase marks a…...

3+ day, 20+ hour ago   (201+ words) A full building permit has been issued for a residential development located at 1815 N. California. Planned by developers Stanislaw Chodak and Wes Khan, the project site is a vacant midblock property along N. California Ave near the popular 606 bike and running trail....

4+ day, 12+ hour ago   (402+ words) Bidding wars are back in New York City — and Brooklyn is ground zero. Higher mortgage rates were supposed to cool the housing market. In the Big Apple, something very different is happening. Despite average 30-year rates sitting at roughly 6.7% in…...

5+ day, 8+ hour ago   (930+ words) Harlem World Magazine Hochul Breaks Ground On $167M Chelsea Beacon Revival, Manhattan Rising Governor Kathy Hochul today celebrated the official groundbreaking of Chelsea Beacon. A more than $167 million redevelopment that will transform the long-vacant, State-owned former Bayview Correctional Facility at 550 West…...