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HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]
The following is a list of notable property developers based in New York: Boston Properties; Durst Organization; Extell Development Company; Silverstein Properties;
The Durst Organization is one of the oldest family-run commercial and residential real estate companies in New York City. Established in 1915, [1] the company is owned and operated by the third generation of the Durst family. Durst is the owner, manager, and builder of 13 million square feet of premier Manhattan office towers.
Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of ...
The company was founded in 2007 by real estate agent turned designer, Cheryl Eisen, and focuses on high-end properties in New York City, the Hamptons, and South Florida. In April 2020, IMG launched an Outlet Sale [ 55 ] featuring gently used furnishings and art from their inventory [ 56 ]
Extell Development Company is an American real estate developer of residential, commercial, retail, hospitality, and mixed-use properties. Founded in 1989 by Gary Barnett , the company’s portfolio exceeds 20 million square feet. [ 1 ]
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