Queens site where Chetrit Group once planned massive mixed-use project sells for $17M

CrainsNewYork.com (Banking) 3/6 8:03A Julianne Cuba

A Queens development site where members of the troubled Chetrit family had once planned a massive mixed-use project has now traded hands for $17 million, records show. Developers Peter Kulka and the Chetrit Group, through the entity Archer 147...

Bally’s scores the Bronx parkland needed for its new casino in $157M deal

CrainsNewYork.com (Politics) 2/27 8:50A C. J. Hughes

Bally’s, which emerged victorious from last year’s cutthroat competition for a downstate casino license, has taken a major step toward developing its winning proposal. The gaming company has purchased nearly 20 acres of East River-adjacent public...

Charter school network buys prime South Bronx site for more than $25M

CrainsNewYork.com (International) 2/26 8:32A Julian Nazar

A prominent New York charter school network has purchased a prime development site in Mott Haven for more than $25 million. Located at 261 Walton Ave., the parcel spans about 25,000 square feet and can accommodate a roughly 181,000-square-foot...

Developer flips Queens industrial building for $92M, nearly triple what he paid last year

CrainsNewYork.com (Transportation) 2/20 12:16A Julianne Cuba

A sprawling industrial distribution building in Queens has sold for nearly three times what it traded for just one year ago. Adam Gordon, managing partner at the Chelsea-based development firm Wildflower Ltd., offloaded the 313,496-square-foot...