Marriott International, Inc. and SomeraRoad, a New York- and Nashville-based opportunistic real estate investment and development firm, will partner on The Ritz-Carlton Residences, Brooklyn Heights, a collection of luxury residences. The project to redevelop the former 14-story Renaissance Revival Hotel Bossert at 98 Montague St. represents the borough’s first branded residential offering.
“The Hotel Bossert has long stood as one of Brooklyn’s most iconic buildings, and we are honored to help write its next chapter,” said Ian Ross, founder and managing principal of SomeraRoad. “Working alongside an extraordinary team of architects, designers, preservation experts, and the team at Marriott International, we are thoughtfully restoring this historic property while creating a residential experience that honors the Bossert’s rich legacy and celebrates the enduring appeal of Brooklyn Heights.”
Another first represented by the project will be a ground-floor restaurant from Union Square Hospitality Group, representing the brand’s first full-service eatery in Brooklyn.
Join the industry’s top multifamily decision-makers at Connect Apartments on September 22 in LA. Hear from the investors, developers, lenders, owners, and advisors shaping today’s apartment market through candid conversations, networking, and market insights. Register today at www.connectapts2026.com.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California