Your Tuesday Afternoon Wrap...

Late afternoon Tuesday wrapup:


  • New Hyde Park developer Kimco Realty has won a National Association of Real Estate Investment Trust Association’s award for sustainability.  The big mall developer trumpets its emphasis on energy and environmental efficiency, and has a Corporate Responsibility Program now in its fourth year.  The NYSE-traded company put out a press release here.  
  • ICYMI earlier, Crain’s New York Business reported today that a big 550,000-square-foot Pelham Gardens lot has been sold by the MTA to two developers who will build a mall. The site was going to be a bus depot, but now Grid Properties and Gotham Organization own it, and the MTA is $30.5 million richer. The Crain’s article can be found here.  
  • There’s going to be a big tower on Northern Boulevard, where it meets Queens Boulevard, in Long Island City, moving the area further from old factory stock to offices.  Details on the 44-story tower are at Buzz Buzz Home, with a hat tip to The Real Deal.
  • Registration is now open for a potentially strong look at real estate business prospects at the New York City Bar Association.  And, what the hell, it’s free.  “A New Start for the City's Affordable Housing Landscape,” slated for Wednesday, Dec. 4,  will “discuss the history of New York City affordable housing policies and potential new affordable housing goals for the new de Blasio administration as well as the future of the NYC affordable housing landscape.”  New York Times reporter Charles V. Bagli, will moderate a panel discussion scheduled to include Donald Capoccia, president of the New York State Association for Affordable Housing and principal of BFC Construction Corp.; Benjamin Dulchin, executive director of the Association for Neighborhood and Housing Development Inc.; Leora Jontef, director of the Third-Party Transfer Program at the city’s Department of Housing Preservation and Development, and Matthew Gordon Lasner, assistant professor of urban affairs and planning at Hunter College.  The link to register, which includes six questions Bagli plans to pose to the panel, can be found here.
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