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Peter Castellana III

President & CEO of Cactus Holdings and Western Beef

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The Castellana Foundation donates back-to-school supplies to hundreds of children of Vaverde de Mao, Dominican Republic with help from Ministerios Palabra de Vida Eterna

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The Castellana FoundationWestern Beef, and their parent company Cactus Holdings Inc.,and Peter Castellana III on behalf of The Castellana family are proud to announce their support for the children of Vaverde de Mao as they head back to school. The Castellana Foundation in partnership with the local church, Ministerios Palabra de vida Eterna, were able to provide back to school supplies for hundreds of children in the area. The Castellana Foundation supports education and believes that it is essential for children to be prepared for school in order to get the most out of their education.

 

For more information on this initiative, please reach out to info@cactusholdings.com.

Peter Castellana leads Cactus Holdings into The Real Deal’s Top Ten Biggest Projects coming to New York City

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Article originally published at http://www.TheRealDeal.com by Eddie Small

Brookfield Property Partners and the Gotham Organization dominated the top 10 projects filed in New York in March.

Both companies had multiple projects appear in the top 10 last month. Brookfield had three projects in Greenpoint at 221 West Street (which took first place), 1 Eagle Street and 15 Eagle Street, while Gotham Organization had two projects in Long Island City at 1-15 57th Avenue (which took second place) and 57-28 2nd Street.

Overall, the list was split between three projects in Brooklyn, three projects in Queens, two projects in the Bronx and two projects in Manhattan. Staten Island did not make an appearance on the list last month.

The full list of March’s top 10 biggest real estate projects is below:

1. 221 West Street, Brooklyn
The largest project filed last month was a roughly 719,000-square-foot development from Brookfield at 221 West Street in Greenpoint. The development will stand 29 stories and 336 feet tall, and it will feature 302 residential units across about 710,000 square feet. Commercial space will occupy the other 9,000 square feet. Brookfield is also developing Greenpoint Landing with Park Tower Group nearby.

2. 1-15 57th Avenue, Queens
Gotham Organization took second place for March with plans for a mixed-use project spanning slightly less than 700,000 square feet at 1-15 57th Avenue in Long Island City. The building would include roughly 640,000 square feet of residential space, 9,000 square feet of commercial space and 19,000 square feet of community space. It would stand 57 stories tall with 692 residential units. Riseboro Community Partnership is developing the project as well, which would be the tallest building on the Queens waterfront, according to YIMBY.

3. 1 Eagle Street, Brooklyn
Another Greenpoint project from Brookfield took third place, this time at 1 Eagle Street. The roughly 388,000-square-foot project will stand 39 stories tall with 335 residential units.

4. 57-28 2nd Street, Queens
Gotham Organization’s plans for Long Island City also took the No. 4 spot. The firm is planning another project at 57-28 2nd Street spanning about 335,000 square feet that will stand 33 stories and 360 feet tall. The building will include 452 residential units across about 328,000 square feet, and it will include a roughly 7,000-square-foot community facility as well. Riseboro Community Development is also helping to develop this project, according to YIMBY.

5. 13-38 Central Avenue, Queens
A roughly 195,000-square-foot project in Far Rockaway rounded out the top five for March. The 219-unit mixed-use development comes from Brisa Builders Corporation, an affordable housing company, and will stand nine stories tall at 13-38 Central Avenue. It will include 219 residential units across about 132,000 square feet, and it will feature 12,000 square feet of commercial space and 51,000 square feet of community space as well. Classroom and gymnasium space, along with retail and storage space, will be on the first floor, while nonprofit offices and some residential units will be on the second floor. The residential space will include class-A and supportive housing units.

6. 4720 Third Avenue, Bronx
The Bronx made its first appearance on the list courtesy of a roughly 191,000-square-foot project planned for 4720 Third Avenue in Belmont. The project comes from Cactus Holdings, the holding company that controls the supermarket chain Western Beef. The mixed-use building would include 159 residential units and stand nine stories tall with about 128,000 square feet of residential space, 61,000 square feet of commercial space and 900 square feet of community space.

7. 15 Eagle Street, Brooklyn
The final Greenpoint project from Brookfield on the list will span about 175,000 square feet at 15 Eagle Street. It will stand seven stories tall and include 108 residential units.

8. 4790 Broadway, Manhattan
An affordable housing project from the city’s Department of Housing Preservation and Development marks Manhattan’s first appearance on the list. The development at 4790 Broadway in Inwood will span roughly 145,000 square feet and stand 14 stories tall. It will include 174 housing units across about 118,000 square feet and feature 26,000 square feet of community space as well. The project will include a new library, as it is located at the current site of the Inwood Library.

9. 310 Grand Concourse, Bronx
Simon Kaufman’s YS Realty files plans for a roughly 135,000-square-foot project at 310 Grand Concourse in Mott Haven. The project will stand 14 stories tall and include 157 residential units.

10. 310 East 86th Street, Manhattan
Izaki Group Investments closed out the list for March with a roughly 129,000-square-foot project on the Upper East Side at 310 East 86th Street. The condo building would stand 20 stories tall and include 68 units. IGI acquired 310-314 East 86th Street in 2017 for $42 millionfrom Gary Barnett’s Extell Development and was reportedly planning a smaller condo project at the time.

Peter Castellana III works with Bronx Borough President Ruben Diaz Jr. in donating hundreds of turkeys for the holidays to Bronx communities

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The Castellana Foundation, Cactus Holdings, subsidiary Western Beef, and Peter Castellana III on behalf of the Castellana family is proud to announce the donation of 350 turkeys to various communities of the Bronx with help of Bronx Borough President Ruben Diaz Jr. This past holiday season, The Castellana Foundation donated thousands of turkeys in the five boroughs. This was also not the first time that The Castellana Foundation has worked with the Borough President in donating turkeys to the communities in need of the Bronx.

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The Bronx is a wonderful borough where Western Beef has many stores. Western Beef is committed to being a positive force for good in the communities we serve. By servicing with local officials and community leaders, we can do our part in the lives of so many by working together and using each other’s strengths.

Peter Castellana III donates 1,000 toy bags to children of Tenares, Domican Republic with help of local church

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The Castellana Foundation, Western BeefCactus Holdings, and Peter Castellana III on behalf of the Castellana Family are proud to have donated over 1,000 toy bags to children of Tenares in the Dominican Republic with the help of the church, Ministerios de Palabras de Vida Eterna. The event held games, offered food and drinks, entertainment and even a clown. Western Beef’s customers come from all over the world, particularly the Caribbean which is why The Castellana Foundation makes it a point to give back to the communities that define our neighborhoods. Giving and good will know no borders and as you can see from the expressions on the children’s faces, they are incredibly grateful for a simple gesture

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