Developer outraged over Elizabeth Street Garden pivot

July 14, 2025 / no comments

The city’s decision last month to leave the Elizabeth Street Garden intact has rattled the developers of the proposed housing project. Over the course of nearly a decade, the development partnership — comprising Habitat for Humanity’s regional affiliate, Pennrose and RiseBoro Community Partnership — overcame numerous legal obstacles to construct Haven Green, a 123-unit affordable […]

This article originally appeared on The Real Deal. Click here to read the full story.

Suburban CEO’s Fifth Avenue co-op leads Manhattan luxury deals

July 14, 2025 / no comments

A full-floor co-op at one of Manhattan’s so-called Good Buildings has found a buyer.  David Fischer — the chairman and CEO of the Suburban Collection and the former Ambassador to Morocco — and his wife, Jennifer, snagged a signed contract for their three-bedroom apartment at 825 Fifth Avenue, according to Olshan Realty’s weekly report.  The […]

This article originally appeared on The Real Deal. Click here to read the full story.

Joy Construction, Maddd Equities refi Hudson Yards rental

July 14, 2025 / no comments

Jorge Madruga’s Maddd Equities and Eli Weiss’ Joy Construction Corporation refinanced their luxury multifamily building in Hudson Yards. Credit and investment firm Värde Partners provided the owners of The Lewis at 411 West 35th Street with a $96.5 million loan, the Commercial Observer reported. A Newmark team, including Jordan Roeschlaub, Nick Scribani and Adam Doneger, […]

This article originally appeared on The Real Deal. Click here to read the full story.