Orin Wilf‘s Skyline Developers just purchased a vacant site next to the Peninsula Hotel for $83 million. The company, the New York subsidiary of Garden Homes Development, purchased 12-18 West 55th Street from Cornerstone Properties, the New York Post reported. The property could host up to 150,000-square-feet of mixed-use construction. Back in 2006, Lincoln Property Company planned to build a new condo hotel on the site after purchasing 22,300 square feet of air rights for […]
The property manager of a Queens condominium building has been accused of installing a “racist, anti-semitic, pro-Nazi display” in the lobby. “They feel like hostages in their own building,” City Council member Jimmy Van Bramer said, the New York Daily News reported. “And this building is a place where I think all (residents) are traumatized.” The building’s property manager, Neal Milano, has allegedly displayed pictures of Adolf Hitler, Benito Mussolini and Joseph Stalin in the […]
From the Westchester market report: As e-commerce continues to cut into brick-and-mortar establishments, shopping centers in Westchester and Fairfield are putting more thought into the consumer experience and trying to create an allure strong enough to pull people away from their screens. “While U.S. retail sales are expected to grow 3-4 percent in 2017 after 3.8 percent growth in 2016, most of this growth is coming from online sales, as store sales revenue growth is […]