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City Suspends Funding for Hallets Point Affordable Housing Project in Astoria: Report

The $43.5 million allocated for the future Hallets Point complex in Astoria was suspended by the city last November, according to Politico. The city’s Housing Development Corporation was slated to provide the funding for a 163-unit building that is part of the Durst Organization’s 2.5-million-square-foot development project.

Publication QNS
Date 2018-02-02
Author Angela Matua

The Western Edge of Hell’s Kitchen Goes Residential

It is still a good place to service cars and ship packages. But with gathering speed, the western edge of Hell’s Kitchen is going residential, and in the process, it is becoming New York’s latest industrial district to reinvent itself.

Publication The New York Times
Date 2018-01-26
Author C.J. Hughes

Size isn’t everything: Durst courting smaller companies at One World Trade Center

Condé Nast may be the most famous tenant at One World Trade Center, but plenty of smaller companies are signing leases at the building as well.

Publication The Real Deal
Date 2018-01-18
Author Eddie Small

Micro-leasing deals on prebuilt offices raise occupancy at One World Trade Center

One World Trade Center may be best known as home to Condé Nast, which takes up more than a third of the 3 million-square-foot, 1,776-foot-tall spire. The Condé Nast deal was one of the largest leases in Lower Manhattan in the past decade, but about 750,000 square feet of the building remains vacant.

Publication Crain's New York
Date 2018-01-17
Author Daniel Geiger

A failing grade for the city's new energy-efficiency scoring system

When Mayor Bill de Blasio was called out for taking SUVs on 11-mile jaunts to Brooklyn for his morning workouts, he derided the criticism as “cheap symbolism.”

Publication Crain's New York
Date 2018-01-16
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