KATZENSTEIN, General Counsel (1987) Phone. TF Cornerstone TF Cornerstone Completes 1,194-Unit Residential Complex in Hunters Point South, Queens YIMBY Scopes Views Atop 52-41 Center Boulevard in. Our longstanding commitment to developing our talented team and maintaining our core values and reputation for quality, innovation, reliability, and integrity will ensure the long-term growth and success of our vision. University Law School, University of South Florida TF CORNERSTONE INC. Additionally, the firm’s vertical integration provides a depth and breadth of knowledge and experience to draw upon in creating new developments and managing growth over the long-term without compromising our passion and commitment to delivering the highest quality real estate product and services for our tenants. Our commercial strategy centers on value enhancement through active management and repositioning of office, retail and industrial properties. We are committed to equal treatment of all employees without regard to race, national origin, religion, gender, age, sexual orientation, veteran status, physical or mental disability or other basis protected by law. No fee apartment rentals in Manhattan, Brooklyn & Long Island City, Queens. TF Cornerstone is an Equal Opportunity Employer.
Our residential projects raise the standard of living by creating a sense of community and establishing thriving neighborhoods. TF Cornerstone We build & manage NYC residential & commercial real estate. TFC’s property portfolio includes a solid, fully-operational collection of Class A, luxury residential buildings, modern office spaces and highly visible retail locations totaling over 8 million square feet throughout New York City and Washington, D.C. Founded in 1970, by Tom and Fred Elghanayan, TF Cornerstone has grown to nearly 10000 residential units in New York and over 4 million SF of commercial and.
The Company is focused on acquisition, development, construction and management of fine residential, commercial and retail properties. TF Cornerstone Inc.’s principals are two brothers, Tom and Fred Elghanayan. Join industry leaders who get ahead of their competition with our premium newsletter.TF Cornerstone has been in the real estate business for more than 40 years, with an expertise in its field and unsurpassed success in the New York City area. Start your morning with the essential commercial real estate news that’s driving the day. Permanent out of home custom frame fabrication with grand format vinyl wind load graphic and installation.
TF CORNERSTONE FULL
Technical detail: TF Cornerstone is technically taking over the leases with Empire State Development Corporation.However, the leases will convert into full fee simple ownership upon completion of the construction.
BankUnited, BNY Mellon, and Capital One are also participating.ĭig Deeper: Upon completion, the Pacific Park project will consist of 650,966 SF of residential space, 72,600 SF of public open space, a ground-floor retail component (8,397 SF), 455 underground parking spaces, and a Chelsea Piers Field House.įlashback: The family firm, led by Fred and Tom Elghanayan, acquired the two-parcel site from Greenland Forest City for $143.1 million in 2019, and concomitantly secured a $75 million acquisition loan from M&T Bank. TF Cornerstone has lined up $380 million in construction financing from a syndicate led by Wells Fargo and PNC Bank for its 800-unit multi-family development at 595 and 615 Dean Street in Prospect Heights, CMA first reported. Rendering of 615 Dean Street (Credit: Greenland Forest City Partners)
0 kommentar(er)
