News
Natixis Lends $86M for Development of UES Medical Center
Via Commerical Observer
Natixis has provided approximately $86.3 million in financing to Joy Constructionand Maddd Equities for the development of a Class-A office building at 330 East 62nd Street on the Upper East Side to be used as administrative offices for a cancer center, the lender announced.
NYCHA Announces New Partnerships to Raise $40 Million for Repairs, Build New Affordable Homes
Via NYC Housing Authority
NEW YORK – Today, the New York City Housing Authority (NYCHA), the New York City Department of Housing Preservation and Development (HPD), and the New York City Housing Development Corporation (HDC) announced the selection of four new partnerships under its 100% Affordable Housing program, its NextGen Neighborhoods program, and its FHA Vacant Homes program.
A Luxury Tower Rises Next to … Honk! … the Lincoln Tunnel
Via Wall Street Journal
It is wider than the most famous Manhattan boulevards like Fifth Avenue or Central Park West. But the location, next to 10 lanes of ramps leading to the Lincoln Tunnel, is somewhat less glamorous.