The New York City Economic Development Corporation (NYCEDC) has appointed RYBAK Development to lead the next phase of housing development at Coney Island West. The project, named Tilyou Towers in honour of Steeplechase Park founder George C. Tilyou, will transform “Parcel A,” an 80,000-square-foot city-owned lot, into more than 500 mixed-income residences, including 25 percent affordable units, alongside retail space and modernised public parking facilities.
Dubai developer Nakheel, part of Dubai Holding Real Estate, has released an exclusive range of luxury waterfront villas at Palm Jebel Ali, signalling further progress in the development of one of the emirate’s most ambitious island communities. The launch features 11 architecturally distinct villa styles within The Beach and The Coral Collections, designed in partnership with international architectural studios and offering direct beachfront access along with expansive Arabian Gulf views.
Sunrise Berhad has announced two key leadership appointments as part of its ongoing strategy to strengthen governance and drive future growth. The property developer named Shaharul Farez Hassan as its new Managing Director and Chief Executive Officer, and Grace Yap Mei Wan as an Independent Non-Executive Director to its Board of Directors.
REItrades has launched its beta phase featuring over $120 million in institutional commercial real estate listings. The new digital marketplace connects sellers directly to vetted institutional buyers through an AI-powered, automated workflow, marking a shift towards a more efficient and data-driven transaction model.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
IHG Hotels & Resorts has announced the launch of Crowne Plaza Parramatta, a 217-room hotel set within a landmark mixed-use development opposite Parramatta Train Station. Opening in 2029, the hotel will include a rooftop infinity pool, flexible event spaces, and direct links to the city’s retail and transport hubs, marking a major milestone in Parramatta’s transformation into Sydney’s second CBD.
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