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The initiative, announced by Mayor Bill de Blasio, also calls for the funding of 60 skilled nursing beds at the NYC Health + Hospital/Gouverneur facility on Madison Street.
Housing scarcity remains as there are only 711 unsold new condominiums in the San Francisco market, leaving a 2.2-month supply of remaining inventory, according to Polaris Pacific's latest research report.
Western Realco sells a new free-standing warehouse with two-story office here for $32.5 million after redeveloping the property on spec and razing a vacant 88,000-square-foot office building.
Starting off the year strong, Urban Offerings and ESI Ventures place $122 million in JV equity and bridge financing to develop a 250,000-square-foot creative office property in Downtown Los Angeles, GlobeSt.com reports EXCLUSIVELY.
Developer Oram Hotels receives a $36.55-million loan for the continued renovation and development of Downtown San Diego's historic 500 West Broadway building into an upscale boutique hotel.