Tishman Speyer buys bulk of Arker’s Edgemere Commons development site
Tishman Speyer’s TS Communities announced it has entered an agreement with the Arker Companies to acquire and develop 10 of the 11 building sites that will...
Tag : FAR ROCKAWAY
Alpha Realty brokers $25M sale of 115-unit rent stabilized portfolio
Alpha Realty has brokered the $25 million sale of a five-building apartment portfolio in Far Rockaway, Queens, on behalf of investor Gershon Eichorn’s Up Realty....
B6 lists Far Rockaway apartment site for $70M
Paul Massey’s B6 Real Estate Advisors has begun marketing a Far Rockaway apartment building for $70 million. Investor Doron Pergament has retained the firm’s Ben...
PMG launches affordable division with Far Rockaway venture
Luxury housing developer PMG is getting into the affordable property business. PMG Affordable will build its first development in Far Rockaway, Queens, in partnership with...
Far Rockaway development plan continues to advance
The New York City Council voted to advance the Arker Companies’ Edgemere Commons plan, the city’s largest private affordable housing proposal during the de Blasio...
Queens no longer an investment wallflower
Bargain-hunting investors have driven pricing in Queens to new heights and the search for ROI is leading to wallflower neighborhoods that include Sunnyside, Woodside, Jackson...
Greystone nurses along $54M refinancing for Queens medical facilities
Greystone has provided $54,240,000 in HUD-insured mortgage loans to refinance two skilled nursing facilities in Queens, NY. The separate transactions were originated by Fred Levine,...
Church planning to build 150-unit residential property in Far Rockaway
The Far Rockaway Church of the Nazarene and developer Kiumarz Guela have filed plans to build a 150-unit residential property in Far Rockaway, Queens. According...
Re-zoning promises $288M Rockaway transformation
A transformative re-zoning plan will turn Far Rockaway into a model for urban renewal and job creation, according to experts. The de Blasio Administration and...
Nation’s largest Passive multi-family development gets underway in Far Rockaway
Work got underway last week on the single largest Passive House multi-family building in the country. Certified by the Passive House Institute of the United...