Chappaqua, N.Y. — Quincy, Massachusetts-based The Grossman Companies and Southport, Connecticut-based Summit Development are developing Chappaqua Crossing, a 120,000-square-foot high-end retail development on the site of the former Reader’s Digest Headquarters at 480 Bedford Road in Westchester County, New York.
New York City — Kimco Realty (NYSE: KIM) has signed its first round of retail leases at The Boulevard, a $180 million lifestyle center in the Staten Island borough of New York City.
Chappaqua, N.Y. — A joint venture between The Grossman Companies and Summit Development is set to break ground on Chappaqua Crossing, a 120,000-square-foot shopping center located in Chappaqua, New York.
New York, Philadelphia and St. Louis — Urban Edge Properties (NYSE: UE), a real estate investment trust, has entered into a contract to acquire a seven-property portfolio of retail assets for $325 million.
East Greenbush, N.Y. — Nigro Companies has acquired Columbia Plaza, a 137,647-square-foot shopping center located roughly six miles outside Albany in East Greenbush, for $15.1 million.
Monticello, N.Y. — A joint venture between Heidenberg Properties Group, Strategic Real Estate Partners and Norse Realty Group has acquired Thompson Square Shopping Center in Monticello.
New York City — Forest City Realty Trust, in partnership with Madison International Realty, has completed the disposition of Shops at Bruckner Boulevard, a specialty retail center located in the Bronx.
New York City — PCCP LLC has provided a $47.1 million senior loan to a joint venture between Onyx Equities and KBS Capital Advisors for the redevelopment of 210 W. 31st St. in Manhattan’s Penn Plaza submarket.
Glen Cove, N.Y. — RXR Realty has broken ground on Garvies Point, a $1 billion waterfront redevelopment in the Long Island city of Glen Cove.
Mahopac, N.Y. — Heidenberg Properties Group has received final site-plan approval for the renovation and expansion of Lake Plaza Shopping Center, located roughly 50 miles north of New York City in Mahopac.
