A city agency and nonprofit groups build or rehabilitate moderate-income housing, then scrutinize buyers’ credit. And they avoid the national foreclosure crisis.
On 43rd Street off Eighth Avenue is a new seven-story building that offers low-income housing and affordable rehearsal space, which are both in short supply.
Plots in a low-key mobile-home park of 199 trailer-condos interspersed with a few stick-built shacks in Montauk Shores are available, but the structures cannot be replaced by houses.
As of April 21, Mr. Jaccom, 54, will become the chief executive of the tristate hub of Colliers International, a full-service commercial real estate brokerage company.
The new owner of John Lennon and Yoko Ono’s Nutopian Embassy, “a conceptual country” with no boundaries and “no laws other than cosmic,” has put it on the market.
Jamestown Properties, a German commercial real estate investment company, has decided it will go “green” with energy-saving overhauls in nearly its entire $4 billion portfolio of buildings.
