How new dev is transforming the UES
As the new development pipeline across New York City wanes, the Upper East Side is getting a much-need boost. Earlier this week, Victor Sigoura’s Legion Investment Group announced it was teaming up with SMA Equities to launch a new residential project on the corner of 84th Street and Third Avenue, backed by a $99 million loan from BDT & MSD Partners. The developers have released few details about the project, though it adds to Legion’s strong track record in the neighborhood, including 109 East 79th Street and 1122 Madison Avenue. News of the 300,000-square-foot development came after Jeffrey Levine’s Douglaston […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
How to Turn Your Equity Into Rentals with a HELOC or
Cash-Out Refi (Rookie Reply)
Rezoned Sheepshead Bay site sells for $37M for large
affordable housing project
Massive North Fork waterfront estate sells for $15M in
single-lot record
COPA heads to committee vote, this time with tweaks for
industry
BXP sells equity stake in 343 Madison development
Goose lands $143M construction loan for controversial Arrow
Linen site
Brooklyn townhouse developer sells converted Cobble Hill
property for $12M
Roy Lichtenstein’s Hamptons estate finally sells
Billionaire with “no plan”: Apollo’s Marc Rowan to hold $30M
North Fork parcel
20% of Homes See Price Cuts (Sellers Face Reality) | Oct.
2026 Housing Market Update
