by Kipp Gillian | Oct 16, 2024 | Affordable Housing
New York Gov. Kathy Hochul said Wednesday that about 71,000 new apartments will be developed in New York City, including 21,000 affordable units, thanks to an extension of the construction completion deadline for the 421-a tax incentive program. The completion...
by Kipp Gillian | Oct 16, 2024 | Industrial
Embraer announced the expansion and investment in the United States of its maintenance, repair and overhaul (MRO) services network to support the growing fleet of E-Jets. A new Embraer-owned service center will open at the Perot Field Alliance Airport in Fort Worth....
by Kipp Gillian | Oct 16, 2024 | Industrial
DataCore Innovations hopes to build a $1 billion data center near the Monroe County town of Forsyth. The company wants to build on a more than 900-acre campus off of the Rumble Road exit of Interstate 75. The $1.12 billion proposed project is called the Rumble...
by Kipp Gillian | Oct 14, 2024 | Affordable Housing
Gortikov Capital said Monday it had acquired Samo Collection, an 11-building portfolio of 399 income- and rent- restricted affordable housing in Santa Monica for $120 million. The seller was not disclosed. The new ownership, which is based in Santa Monica, plans to...
by Kipp Gillian | Oct 10, 2024 | Affordable Housing
Housing Trust Group (HTG) and AM Affordable Housing closed on financing and commenced construction on Courtside Apartments II, a $58 million affordable apartment community comprised of 120 units in Miami’s historic Overtown neighborhood. Phase I wrapped up in 2016....
