Slate Property Group, Xenolith Partners, and Comunilife Inc. will develop their proposal La Ostra, turning a currently vacant site in Inwood into a new development with more than 600 affordable homes, the New York City Department of Housing Preservation and Development (NYC HPD). The team was chosen in response to an NYC HPOD request for proposals.
The development will also deliver a marine science and STEM education center operated by the Billion Oyster Project and BioBus, a new indoor–outdoor field house, suicide prevention and mental health services, and nearly one acre of publicly accessible waterfront open space along the Harlem River.
“Inwood deserves something extraordinary on this site, and our team has worked hard to deliver it,” said David Schwartz, principal and co-founder of Slate Property Group. “Together, we are building deeply affordable homes for hundreds of seniors and families, giving this community back its waterfront, and providing a fieldhouse for kids and community to play the game they love year-round.”
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