The New York City Department of Housing Preservation and Development has selected a development team to transform a long-vacant public site in Hunter’s Point South into The Orion, a large mixed-use housing and community development in Long Island City. The selected team includes Slate Property Group, The Hudson Companies and Volunteers of America–Greater New York. Marvel Architects will lead the design, while Commonpoint Queens will operate several of the proposed community f

Choosing an EB-5 regional center means choosing an organization that may remain involved throughout a multiyear immigration and investment process. USCIS designation is an important starting point, but it does not by itself show how successfully a regional center has managed projects, communicated with investors, or supported families over time. USCIS expressly notes that its list of approved EB-5 regional centers is informational and should not be treated as investment advic

60 Guilders and Sentry Realty have acquired 1441 Broadway, a Midtown Manhattan office property also known as 10 Times Square, for approximately $240 million. According to Commercial Observer, the estate of L.H. Charney sold the property, while Newmark arranged both the sale and the acquisition financing. Fortress provided the buyers with a floating-rate acquisition loan equal to approximately 70% of total project cost. This means the transaction combines acquisition debt with

The First Circuit has kept the $100,000 H-1B fee blocked while the government’s appeal continues. Here is what employers and foreign professionals should know—and why long-term immigration planning still matters.

Slate Property Group and RiseBoro Community Partnership have closed on acquisition and construction financing for two affordable and supportive housing developments in Williamsburg, Brooklyn. According to Commercial Observer, the development team secured a $162.9 million loan to build the projects at 178 Montrose Avenue and 73 Meserole Street. JPMorgan Chase originated the financing, which was arranged by the New York City Housing Development Corporation. The broader financin

Choosing an EB-5 regional center is not simply about finding an available project. The regional center may remain involved throughout a multiyear process, supporting project management, investor communication, job-creation documentation, and later-stage immigration filings. A regional center should therefore be evaluated on five core standards: current USCIS standing, a verifiable track record, disciplined project selection, transparent investor reporting, and long-term suppo

Manhattan’s retail market continued to recover during the first half of 2026, with leasing demand expanding beyond the borough’s best-known shopping corridors. According to the Real Estate Board of New York’s H1 2026 Manhattan Retail Report, average asking rents increased in 8 of the 16 retail corridors tracked, while the number of available storefronts continued to decline in many of the most competitive locations. Demand remains especially strong in SoHo, Madison Avenue, Lo

No investment is risk-free, but not all markets carry the same level of risk and uncertainty. While no market is completely immune to economic cycles, some markets have consistently demonstrated a stronger ability to withstand downturns and recover over the long term. Real estate assets located in resilient markets often benefit from fundamental characteristics that support long-term performance, including diversified employment, sustained demand, limited housing supply, and

Demolition has been completed at 23-10 43rd Avenue in Long Island City, clearing the site for the future PS508Q public school building. According to New York YIMBY, the former five-story office building has been removed, although excavation for the new school has not yet begun. The approximately 0.49-acre site is located between 23rd and 24th streets within the Special Long Island City Mixed-Use District. Designed by ESKW/Architects for the New York City School Construction A