Articles Archive for 25 August 2011
Deals & Dealmakers, Featured »
By Roland Li
After suffering its share of turmoil during the recession, the Lightstone Group appears poised to enter one of New York’s emerging residential markets. David Lichtenstein’s Lightstone, one of the country’s largest private real estate companies, has purchased a residential development site at 50-01 2nd Street in Long Island City for $19.3 million. David Junik, Gary Blum and Decio Baio, partners of Pinnacle Realty, represented the seller in the transaction.
Construction & Design »
The National Weather Service forecasts that impacts of Hurricane Irene may reach the New York metropolitan area this weekend, bringing tropical storm or hurricane force conditions.
In preparation, the Department of Buildings is advising all builders, contractors, developers and property owners to secure their construction sites and buildings.
The Department will be performing random spot-check inspections of construction sites around the city.