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NY Governor Announces RFP for Redeveloping Brooklyn Site

NY Governor Announces RFP for Redeveloping Brooklyn Site

by Phil Hall | Mar 21, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

New York Gov. Kathy Hochul announced a Request for Proposals (RFP) for the redevelopment of a 12,800-square-foot state-owned property in Brooklyn. The property in Brooklyn’s Clinton Hill neighborhood has been owned by the Office of Children and Family Services...
Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes

Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes

by Phil Hall | Jan 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul is planning to offer proposals designed to restrict hedge funds and private equity firms from acquiring large numbers of single-family homes across the state. The New York Times reports the governor will put forth her proposals at next...
Firm Named for Redevelopment of Historic Bronx Armory

Firm Named for Redevelopment of Historic Bronx Armory

by Phil Hall | Jan 8, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

8th Regiment Partners, a joint venture of Maddd Equities and Joy Construction, was selected to redevelop and operate the Kingsbridge Armory, a 570,000-square-foot historic site in the Bronx, New York, and one of the largest armory buildings in the world. According to...
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate investment firm Chase Properties has announced two retail property acquisitions: Creekside Plaza in Ithaca, New York, and Waynesboro Town Center in Waynesboro, Virginia. The 180,000-square-foot Creekside Plaza was built in 2001 and is 95% leased, with...
America’s Last Full-Size Kmart Store to Close

America’s Last Full-Size Kmart Store to Close

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The last full-size Kmart operating in the US is scheduled to cease operations on Oct. 20. The New York Post reported the 90,000-square-foot store in the Long Island hamlet of Bridgehampton, New York, opened in 1996 and was part of a chain that encompassed more than...
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