Stimdel Properties Files Plans to Build 612 Apartments in Astoria – Commercial Observer
Stimdel Properties, an affiliate of Uruguay-based investment firm HC Corporation, has filed plans to bring 612 new apartments…
The Plaza hotel to shut down for four years
The Plaza Hotel is closing its doors for at least four years. The 119-year-old Fifth Avenue landmark will…
Brooklyn’s Petri Plumbing marks 120 years with new generation at helm • Brooklyn Paper
A 1906 invoice is the oldest document the Petri family has kept to mark the beginning of its…
In Brooklyn, the Old Ways of Development Just Won’t Cut It – Commercial Observer
In the last 10 years, Brooklyn’s development market was defined by factors including rapid growth, spiking property values…
Manhattan’s Supply of New Condos Expected to Deepen in Q4: Report – Commercial Observer
Manhattan’s third-quarter real supply of condo development units — a mix of listed and shadow [properties not listed…
Burned corpse mysteriously found at vacant NYC lot: cops, sources
A “charred” corpse was shockingly discovered in a Queens lot Thursday afternoon, cops and sources said. The unidentified…
New York City Ballot Proposals Designed to Streamline Construction
New York City voters will consider several ballot proposals on Nov. 3 intended to update redundant and obsolete permitting…
Educational Nonprofit Signs Lease to Build Campus on Brooklyn’s Floyd Bennett Field – Commercial Observer
The National Park Service has leased a 7-acre space in Brooklyn’s Marine Park neighborhood to a workforce development…
Legion Investment Group, SMA Equities Pair on 300K-SF UES Resi Project – Commercial Observer
Legion Investment Group and SMA Equities have teamed on a 300,000-square-foot residential development rising on Manhattan’s Upper East…
NYC tests electric construction equipment at city worksites
New York City is exploring whether electric-powered construction equipment can cut pollution and noise at city worksites as…
Jeff Sutton’s Planned 340-Key Midtown Hotel Enters the Demolition Phase – Commercial Observer
A Herald Square commercial site owned by Jeff Sutton’s Wharton Properties is headed for the wrecking ball. Florida-based…
Steven McKessey Joins Rudin as Head of Design and Construction – Commercial Observer
Owner and developer Rudin has appointed a new leader for its capital planning, design and construction efforts, Commercial…