White Plains Road

Urban Edge Properties Executes Lease with Leading Retailer at Bruckner Commons

Retrieved on:

Wednesday, October 26, 2022

Retail, Other Retail, Department Stores, Commercial Building & Real Estate, Construction & Property, REIT, NYSE, Marshalls, Trust, Bruckner Expressway, ShopRite, Commons, Senior, Commerce, UE, Road, Target, White Plains Road

Urban Edge Properties (NYSE: UE) announced today that it has signed a 139,000 square foot lease with Target for a general merchandise store at Bruckner Commons in The Bronx, New York.

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Urban Edge Properties (NYSE: UE) announced today that it has signed a 139,000 square foot lease with Target for a general merchandise store at Bruckner Commons in The Bronx, New York.
Bruckner Commons is a great example of how we improve communities by transforming retail properties in densely populated, underserved markets such as The Bronx.
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor.
Urban Edge owns 76 properties totaling 17.2 million square feet of gross leasable area.

Northpath Investments Closes on Sale/Leaseback of 500 & 540 White Plains Road in Tarrytown, NY

Retrieved on:

Monday, June 13, 2022

Ownership, Income, JLL, BASF, Sale, Northwell Health, GLOBE, Acquisition, Research and development, Principal, White Plains Road

TARRYTOWN, N.Y., June 13, 2022 (GLOBE NEWSWIRE) -- Northpath Investments (Northpath) closed on a $26 million sale and partial leaseback of 500 & 540 White Plains Road (the Property) in Tarrytown, NY.

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TARRYTOWN, N.Y., June 13, 2022 (GLOBE NEWSWIRE) -- Northpath Investments (Northpath) closed on a $26 million sale and partial leaseback of 500 & 540 White Plains Road (the Property) in Tarrytown, NY.
The majority of 500 White Plains Road, a Research & Development facility, was leased back by the seller, BASF Corporation.
500 & 540 White Plains Road is approximately 281,000 square feet of both office and R&D space, which was 52% leased at the time of sale, including BASFs leaseback, a lease with SunChemical at 500 White Plains Road, and a separate lease with Northwell Health in 540 White Plains Road.
The property offers Northpath stable income from two investment grade credit tenants, while providing significant upside through the lease-up of the office space at 540 White Plains Road in addition to the remaining laboratory space at 500 White Plains Road.

Renovations Begin on NewYork-Presbyterian Iona School of Health Sciences

Retrieved on:

Friday, April 29, 2022

BRONXVILLE, N.Y., April 29, 2022 /PRNewswire-PRWeb/ -- Renovations are now underway on the future home of the NewYork-Presbyterian Iona School of Health Sciences in Bronxville, N.Y. Offering a cutting-edge education in state-of-the-art new facilities, classes on Iona's second campus are expected to commence Spring 2023.

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Iona College is building this premier new school of health sciences in collaboration with NewYork-Presbyterian to develop the next generation of world-class health care professionals.
Degrees are currently being offered through the NewYork-Presbyterian Iona School of Health Sciences in Nursing (BS); Social Work (BS); Speech-Language Pathology & Audiology (BA); Occupational Therapy (MS); Communication Sciences & Disorders (MA); Marriage & Family Therapy (MS); and Mental Health Counseling (MA).
In July 2021, Iona College and NewYork-Presbyterian announced the establishment of the NewYork-Presbyterian Iona School of Health Sciences, to be principally located on the College's new campus at 171 White Plains Road, Bronxville, N.Y.
Supported by a $20 million gift from NewYork-Presbyterian, the NewYork-Presbyterian Iona School of Health Sciences is expected to offer a new vision for collaborative health care education, modern workforce development, and community care.

Taconic Capital Advisors and HEI Hotels & Resorts Partner to Acquire Westchester Marriott From Ares Commercial Real Estate Corporation

Retrieved on:

Friday, March 11, 2022

Taconic Capital Advisors (Taconic), HEI Hotels & Resorts (HEI) and Ares Commercial Real Estate Corporation (ACRE) announced today that Taconic and HEI have partnered to acquire the Westchester Marriott, a 444-key hotel in Tarrytown, NY, from ACRE for $40 million.

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Taconic Capital Advisors (Taconic), HEI Hotels & Resorts (HEI) and Ares Commercial Real Estate Corporation (ACRE) announced today that Taconic and HEI have partnered to acquire the Westchester Marriott, a 444-key hotel in Tarrytown, NY, from ACRE for $40 million.
The hotel will continue to operate under the Marriott flag and will be managed by HEI Hotels & Resorts.
Ares Commercial Real Estate Corporation (NYSE: ACRE) is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments.
Ares Commercial Real Estate Corporation elected and qualified to be taxed as a real estate investment trust and is externally managed by a subsidiary of Ares Management Corporation.

2021 a Remarkable Year for Iona College

Retrieved on:

Monday, December 27, 2021

NEW ROCHELLE, N.Y., Dec. 27, 2021 /PRNewswire/ --From acquiring a new campus and launching the NewYork-Presbyterian Iona School of Health Sciences to rediscovering a lost Baroque painting hidden in plain sight for decades, Iona College celebrated dozens of newsworthy accomplishments in 2021.

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NEW ROCHELLE, N.Y., Dec. 27, 2021 /PRNewswire/ --From acquiring a new campus and launching the NewYork-Presbyterian Iona School of Health Sciences to rediscovering a lost Baroque painting hidden in plain sight for decades, Iona College celebrated dozens of newsworthy accomplishments in 2021.
"Despite the headwinds facing higher education, 2021 was a remarkable year for Iona College," said Carey.
Bronxville campus acquisition : Iona College closed on its new Bronxville campus on December 7, 2021.
In July 2021, Iona College and NewYork-Presbyterian announced the establishment of the NewYork-Presbyterian Iona School of Health Sciences , to be principally located on the College's new campus at 171 White Plains Road, Bronxville, N.Y.