Judge appoints receiver for Chetrit-owned apartment complex in Queens

CrainsNewYork.com (Real Estate) 3/26 7:28A Aaron Elstein

A federal judge appointed a receiver to manage two market-rate apartment buildings in Queens after their owner, Meyer Chetrit, fell behind on nearly $2 million in utility bills and risks putting thousands of residents in the dark. The appointment...

City's hospitals try to tackle housing with mixed success

CrainsNewYork.com (Real Estate) 3/20 12:33A Amanda D Ambrosio

A building with three-bedroom apartments in a refurbished tuberculosis treatment center in Jamaica. Studio apartments with a back garden on an old parking lot in Bed-Stuy. A residence with one-bedroom units and a community health clinic on the...

State awards more than $50M to 4 city affordable housing projects

CrainsNewYork.com (Real Estate) 3/18 8:28A Eddie Small

A quartet of affordable housing projects in the city are getting a funding boost of more than $50 million total. The money for the outer-borough developments comes from federal and state low-income housing tax credits, Gov. Kathy Hochul and Rep....

Northwell spends big on lobbyists as it seeks Upper East Side expansion

CrainsNewYork.com (Real Estate) 3/5 12:33A Ethan Geringer-Sameth

The state’s largest health care system was also one of the biggest spenders on lobbyists trying to influence city government last year. Northwell Health, a New Hyde Park-based provider network with 21 hospitals and over 800 clinics in the region,...

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

CrainsNewYork.com (Real Estate) 1/23 12:33A 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) 1/21 12:33A 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 8:30A 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 8:22A 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...