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As the city grapples with its worst housing crisis in more than half a century, the Adams administration announced plans to build another 850 to 900 apartments on public land—with at least 60% of the units to be affordable—in the fast-growing Hunters Point South community on the Long Island City waterfront.
The 43-story, 310-unit building at 200 W. 67th St. fetched $265 million in a hush-hush transaction last week, sources said. The seller, A&R Kalimian Realty, defaulted on a $225 million senior mortgage last summer. The purchase price was slightly higher than the mortgage amount plus a $25 million subordinate loan.
As the holidays are just around the corner, here are some ways in which you can make your community more festive.
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
Hospitality and lightness are at the heart of everything BHDM Design co-founder Dan Mazzarini does, a result of his early beginnings in retail design.