In its effort to achieve a “greener and greater New York” while accommodating one million new residents, Mayor Michael Bloomberg’s PlaNYC2030 embraced transit-oriented development” — the concentration of new housing in neighborhoods with good access to the city’s subways and buses.
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Even multi-billionaires like Ty Warner are not immune to the latest economic conditions. Mr. Warner, who made his fortune manufacturing Beanie Babies, owns the Four Seasons Hotel New York—but maybe not for much longer. He is in negotiations to sell the posh property to a group of investors, according to several news reports.
Read more →The item still needs approval from the State Senate and Assembly, but film executives are confident the rebate program will pass.
New York film executives are breathing a sigh of relief today.
In the 2010 budget proposal released by Gov. Paterson Tuesday, he expanded the film tax credit to $420 million a year from $350 million and [...]
Campus Apartments, the oldest and one of the largest privately held student housing companies in the nation, has expanded its third party management portfolio to include 14 new properties.
Read more →Washington, D.C. ranks as the top market in the United States for real estate investment and development, which, in the current economic environment, means it is the least troubled. So says the 2010 version of Emerging Trends in Real Estate®, released this week at Urban Land Institute’s Annual Fall Meeting in San Francisco.
The widely anticipated [...]
PENFIELD — A new assisted living facility on Route 250 in Penfield will create about 75 new jobs and will be home to roughly 90 residents.
Construction workers broke ground on ElderWood Assisted Living at Penfield on July 16, and the facility is expected to open in early 2010, said spokeswoman Barbara Tschamler. There are 90 [...]
WEST CHESTER, OH-Construction completed earlier this month on the West Chester Medical Center here. The $116 million project, which contains a five-story acute care hospital and medical office building complex, totals 385,000 square feet. It is owned by Health Alliance of Cincinnati and was designed by RTKL.
The new 162-bed hospital will cater to the growing [...]
ElderWood Senior Care has expanded into the Rochester region with a new assisted living facility.
The two-story facility in Penfield, scheduled to open in early 2010, will include 90 studio, one and two-bedroom units. It is also licensed for 50 beds through the State Assisted Living Program, which provides Medicaid-funded home care services.
The privately-funded project will [...]
Two assisted-living centers proposed for Scarsdale and White Plains would receive tax breaks totaling $3.1 million through the Westchester County Industrial Development Agency.
The IDA this week tentatively approved a $1.08 million sales tax exemption and a $423,000 mortgage tax exemption for Engel Burman Group of Garden City, Long Island. Engel Burman is the lead developer [...]
A group of real-estate developers see a cure for what ails companies in the far flung healthcare industry. It’s a planned 60-story skyscraper in Manhattan called the World Product Centre.
The office building, which will have 1.5 million square feet of space and cost upwards of $1 billion, is designed around a concept that is somewhat [...]
