by CJ Follini
I know this is a real estate publication and not a political blog and some of you will say that I should refrain from subjective commentary about social or political issues. But the soul of this site is innovative thinking in all forms and as the curtain falls on this difficult decade (and [...]
Buying Prime Outlets Inc. in 2003 was one of the best investments that New York investor David Lichtenstein ever made. Now selling the chain of outlet centers is giving him the cash to bail himself out of his worst deal ever.
Mr. Lichtenstein’s closely held company, Lightstone Group LLC, announced this month that it is selling [...]
CHAPPAQUA, N.Y. — The imminent departure of Reader’s Digest, a fixture in this leafy Westchester County hamlet since 1939, represents more of an emotional loss than a financial one for the area.
Many of the company’s 900 workers commute to their jobs from New York City, or live in neighboring towns, according to Barbara S. Gerrard, [...]
NEW YORK — A massive proposed complex including a new arena for the New Jersey Nets is ending the year with momentum, though opponents say they’ll keep trying to stop the massive project.
The developer planning the proposed $4.9 billion Atlantic Yards development signed key documents Wednesday letting the project proceed as a state agency filed [...]
Bankrupt Minneapolis boat manufacturer Genmar Holdings Inc. has unloaded a marina that the company owned on Lake Minnetonka in Orono for $3 million.
The $3 million deal closed on Nov. 30. The marina has 111 boat slips on Brown’s Bay. The 3.28-acre property is located at 1449 Shoreline Drive in Orono.
Ryan Tibbits and Pete Rand [...]
Yonkers One Point Street Environmentally Approved, Ready for Market
YONKERS, N.Y. — One Point Street in Yonkers, NY, a 14 acre waterfront property which includes the world renowned Hudson River Stage, previously owned by Robert DeNiro and Miramax, is for sale. The once polluted site, bordering the Hudson River, was cleaned up by environmental remediation specialists [...]
With SDOT kicking off its public outreach effort on the First Hill streetcar line next week, I wanted to outline why we believe that the 12th Ave couplet is a bad idea. The 12th Ave alignment has four major flaws, all of which indicate that the Broadway or Boren alignments (or some variation of these [...]
Read more →An investor group headed by Allen Christopher announced that it has entered into an agreement to purchase a former manufacturing plant on Lordship Boulevard in Stratford, CT.
The name of the new studios facility will be Dogstar. The name comes from the brightest star in the sky (also known as Sirius) that frequently served as a [...]
Encore Multi-Family has announced the development of the Encore at Alsbury, a new 200-unit, 12.25-acre apartment development in Burleson, Texas, a fast-growing gateway to Fort Worth. Scheduled to break ground in January 2010, the 205,436-square-foot Encore at Alsbury is scheduled for completion in the first quarter of 2011. Encore Multi-Family is a subsidiary of Encore [...]
Read more →A San Antonio film company broke ground Tuesday on a development that’s planned as a San Antonio filmmaking center and tourist attraction, but it’s unclear if the San Antonio industry is large enough to support such a project.
Executives for SAF Studios say they are ready to begin construction on a 20,000-square-foot soundstage, the first phase [...]
