Flushing Hospital continues to increase psychiatric capacity with $8.5M project

CrainsNewYork.com (Real Estate) 1/22 11:33P Ethan Geringer-Sameth

Flushing Hospital Medical Center is adding to its array of psychiatric beds with the planned addition of an emergency unit for people in acute mental health crisis. The push complements a multi-year effort to restore longer-term beds that were...

Hochul announces cash infusion for safety-net hospital partnerships

CrainsNewYork.com (Real Estate) 1/20 11:33P Amanda D Ambrosio

Gov. Kathy Hochul has greenlit seven hospital partnerships across the state in an attempt to help struggling safety-nets turn around their finances. The initiative, first announced in last year’s state budget, is designed to incentivize...

Touro University snaps up a Harlem site for $42M as it continues to grow

CrainsNewYork.com (Real Estate) 1/10 7:30A C. J. Hughes

The rapidly expanding Touro University has just gotten bigger. The private nonprofit institution, which held its first classes in 1971 in a donated ex-Ivy League club and now has a nearly $300 million real estate portfolio, has purchased 153 E....

Deals of the Day: Jan. 10

CrainsNewYork.com (Real Estate) 1/10 7:22A Julianne Cuba, C. J. Hughes, Edd

Leases Supermarket leases space at Mott Haven development Address: 425 Grand Concourse, Bronx Landlord: Trinity Financial and MBD Community Housing Corp. Tenant: CTown Lease size: 12,500 square feet Asset type: Retail Brokers: Igloo’s Adam Joly...

Developer behind Ridgewood apartment tower faces foreclosure at Bayside office project

CrainsNewYork.com (Real Estate) 12/19 7:31A C. J. Hughes

A Queens developer with ties to a controversial and stalled Ridgewood project appears to be in trouble at a different site as well. AB Capstone, a partner at The Ridgewood, a half-built 17-story apartment tower on the Bushwick border that has...

400 new apartments slated for Jamaica

CrainsNewYork.com (Real Estate) 12/13 7:02A Julianne Cuba

Hundreds of new apartments are slated to come online in Jamaica as part of a massive mixed-use project proposed for the Queens neighborhood, records show. Midtown-based developer BRP submitted plans to the city this week to construct 400 units of...

Deals of the Day: Nov. 13

CrainsNewYork.com (Real Estate) 11/13 5:58A Julianne Cuba, C. J. Hughes, Edd

Leases Japanese-Italian eatery opens in former WeWork cafe in NoMad Address: 902 Broadway, Manhattan Landlord: Rosen Equities Tenant: Aqua New York Lease size: 24,000 square feet Asset type: Retail Broker: Max Koeppel represented the landlord...

Op-ed: Mobility is the lifeblood of cities. Let’s not let Gov. Hochul choke ours

CrainsNewYork.com (Real Estate) 11/11 7:35A Josef Goodman, Raj Goyle

New York City faces a critical choice: Implement congestion pricing or let Gov. Kathy Hochul’s delays choke our city’s economic engine and diminish our quality of life. As young business leaders, we see congestion pricing not only as...

Deals of the Day: Nov. 11

CrainsNewYork.com (Real Estate) 11/11 4:59A Eddie Small, C. J. Hughes, Julia

Leases Streaming service takes space on Park Address: 470 Park Ave. South, Manhattan Landlord: SJP Properties Tenant: DAZN Lease size: 10,000 square feet Asset type: Office Brokers: Savills' Nicholas Farmakis and John Johnson Jr. represented the...

At a Glance: Nov. 11

CrainsNewYork.com (Real Estate) 11/10 11:33P Amanda D Ambrosio

PHHPC MEETING: The Public Health and Health Planning Council’s committee on establishment and project review will meet at 10 a.m. this Thursday at the Health Department’s offices in New York City. Tune in to the meeting here . LIFESTYLE MEDICINE:...

Deals of the Day: Nov. 8

CrainsNewYork.com (Real Estate) 11/8 5:26A Julianne Cuba, C. J. Hughes, Edd

Leases   Equinox opening new location downtown   Address: 75 Varick St., Manhattan  Landlord: Hudson Square Properties  Tenant: Equinox  Lease size: 30,248 square feet  Lease length: 20 years  Asset type: Retail  Brokers: Newmark’s David Falk and...