development

MINNEAPOLIS–Dominium, an apartment development and management company, has changed its ownership structure. Following the passing of co-founder David Brierton, Dominium has purchased the ownership interest of both Brierton’s estate and of co-founder Jack Safar. Safar and Brierton’s estate will remain owners in 170 existing partnerships but have sold their interest in any future new developments and business ventures....More

A development site at 30 Henry Street, located on the corner of Henry and Middagh Street in Brooklyn Heights, was sold in an all-cash transaction valued at $3.5 million. The site is located in a R7-1 zone with a C1-5 overlay, allowing for a total of 16,740 buildable sq. ft....More

Naftali Group, in a joint venture with AEW Capital Management, has purchased a development site located at 95 Third Avenue in Brooklyn for approximately $6.7 million. The site, comprised of three contiguous, vacant lots at the corner of Third Avenue and Bergen Street in the Boerum Hill neighborhood, offers 15,000 sq. ft. of space. Naftali Group’s plans for the lots include the construction of an 85-unit rental building....More

Rankings for the Top 20 Industrial Developers survey are based on the volume of activity globally during 2010. Results include both completed development...More

With retail bankruptcies continuing to mount, new development has retreated into an eerie calm....More