Front Section - May 14th 2013
Storm damaged real estate tax relief in Suffolk CountyIf your commercial or residential real property was damaged or completely destroyed by Super Storm Sandy, your current real estate taxes for property in Suffolk ...
Rufrano and Dario Jr. of KDA named exclusive leasing agent for 125 and 127 Kent AvenueKalmon Dolgin Affiliates, Inc. (KDA) has been named the exclusive leasing agent for 125 and 127 Kent Avenue, a 5,000 s/f property in the Williamsburg ...
Rufrano and Dario Jr. of KDA named exclusive leasing agent for 10,000 s/f commercial propertyKalmon Dolgin Affiliates, Inc. (KDA) has been named the exclusive leasing agent for a 10,000 s/f commercial property at 60 North 6th Street between Wythe ...
De Soultrait of SCG Retail arranges 1,500 s/f lease at 241 Bleecker StreetSCG Retail has arranged a 1,500 s/f lease at 241 Bleecker Street between 6th and 7th Avenue, for Carre D'artistes, a French contemporary art gallery. ...
Goldberg and Widmaier of Colliers International to market 35,000 s/f of retail space in TribecaColliers International has been selected as the exclusive agent to market three sites totaling 35,000 s/f of retail space in the heart of Tribeca. The ...
$3.8 million purchase of Basic Trust Preschool negotiated by Cassidy Turley's LebensteinCassidy Turley closed Basic Trust Preschool's $3.8 million acquisition of a four-story plus townhouse at 127 West 94th Street. The 5,541 s/f building with outdoor ...
Kelly, Burk, Sigourney, and Sinyakov of CPEX complete $552,500 sale of two mixed-use buildings CPEX has arranged the sale of two mixed-use buildings at 1252-1254 Bay Street. CPEX's development & conversion and mixed-use investment sales teams collaborated to complete ...
Newman and Lucarelli of Handler secure 2,205 s/f lease on behalf of the Creutzfeldt-Jakob Foundation Continuing its success in representing non-profit organizations, Handler Real Estate Organization has arranged a five-year, 2,205 s/f lease on behalf of the Creutzfeldt-Jakob Foundation, which ...
SiteCompli's Griffith and Goldenberg announces company reaches one billion s/f milestoneSiteCompli, the leading technology provider for monitoring, reporting and alerting on compliance issues for New York City area property owners, managers, and investors announced it ...
Markowitz of Muss Development represents landlord in 4,426 s/f headquarters relocation Muss Development LLC has arranged a ten-year, 4,426 s/f headquarters expansion and relocation for The Brooklyn Chamber of Commerce, which will lease space at the ...
W&H Properties Appoints Newmark Grubb Knight Frank's Zustovich building manager at 1400 Broadway Daniela Zustovich of Newmark Grubb Knight Frank has been appointed building manager of W&H Properties' 1400 Broadway, reveals Anthony Malkin, president of Malkin Holdings, which ...
Mayor Bloomberg announces restoration of Rockaway Courthouse; 24,000 s/f building sat vacant for over 30 years Mayor Michael Bloomberg and the New York City Economic Development Corporation revealed the selection of a developer for the long abandoned Rockaway Courthouse, a 24,000 ...
Kurland and Appel of Meridian arranges $130 million in financing; Avison Young serving as leasing agent for Paramount BuildingMeridian Capital Group, LLC negotiated $130 million in new financing for The Paramount Building on behalf of the building's owner, Paramount Leasehold, L.P. Avison Young ...
Batista of Sabre represents tenant in 2,475 s/f leaseSabre Real Estate Group LLC arranged a lease for Cosmo Prof beauty supply store. The 2,475 s/f is located at 1789 Central Ave., in the ...
Industry mourns loss of Agnese, president, Appraisers and PlannersNew York City, NY Ruth Agnese, one of the foremost, respected experts in commercial real estate valuation and analysis in N.Y.C. and the country, died ...
IPG leases 87,000 s/f at W&H Props.' 1400 BroadwayInterpublic Group (IPG) leased 87,000 s/f of office space at W&H Properties' 1400 Broadway, according to Anthony Malkin, president of Malkin Holdings, which supervises the ...
Question of the Month: What happens when the tenant fails to exercise the option to renew a lease? It's a fairly common occurrence, it happens every day. A tenant decides to renew its lease. Often, this is a simple process, send a letter ...
Commercial space: Municipal use prohibitions prohibited New York's highest court, the Court of Appeals, ruled earlier this year that "zoning is concerned with the use of land, not with the identity ...
Question and answer session with Du of AgorafyThe NYREJ recently sat down with Richard Du of Agorafy for a question and answer session.
Q: With so much money at stake, why is it ...
Rosengarten and Lesser of Garfield secure $2.875 million sale of 3,500 s/f mix-used building on 178 East 94th Street Leslie J. Garfield & Co., Inc. secured the sale of 178 East 94th St. a two-story 3-unit mixed-use former carriage house with curb cut located ...
AFD Contract Furniture to begin offering ergonomics training and consultancy to customers According to AFD Contract Furniture, Matt Donofrio will begin providing ergonomics training and consultancy to customers purchasing new office furniture from AFD to reduce injury ...
Korren joins Massey Knakal as executive managing director According to Massey Knakal Realty Services, Todd Korren has joined the firm as executive managing director of the city. Korren will be responsible for the ...
Cook of KDA represents seller in $1.9 million sale of 1635 Albany Avenue, an 18,500 s/f property purchased by safeguard storageAccording to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm arranged the sale of an 18,500 s/f property at 1635 ...
NAI Friedland closes six lease transactions totaling 54,000 s/f NAI Friedland's closed six transactions totaling 54,000 s/f. The industrial division completed the following:
* 23,000 s/f lease at 80 Hartford Ave., Mount Vernon. Executive ...
Greenberg of Howard Properties secures 38,252 s/f lease According to Howard Greenberg, SIOR, president of Howard Properties, Ltd., the firm represented Kaufman Borgeest & Ryan LLP in the expansion and extension of its ...
Berdon, LLP announces NY real estate tax - RPIE penalties could pop up after a purchaseAccording to Berdon, LLP, starting late in 2012, owners of income producing properties in N.Y.C. who failed to file or filed late Real Property Income ...
Murray Hill Props. announces five new brokers to join the firm; Emery, Staav, Saunders, Friedman, and KisslingThe following brokers have joined Murray Hill Properties:
Christine Emery is responsible for both tenant and landlord representation involving strategic planning for a tenant's initial entry ...
Eastern Consolidated's Ezratty named CoStar Power Broker for 2012 Brian Ezratty, vice chairman of Eastern Consolidated has been named a CoStar Power Broker for 2012.
CoStar presents annual awards to the ten 'best of the ...
Stribling Assocs. announces Witherwax to serve as executive, VP, director of sales in Brooklyn office According to Stribling & Associates, one of New York's premier residential brokerage firms, Catherine Witherwax has joined the firm as an executive VP, to serve ...
CohnReznick's Kessler named to ALM board of Advisors According to CohnReznick, the 11th largest accounting, tax, and advisory firm in the United States, David Kessler, CPA, partner, and national director of the firm's ...
Brickman hires Klein as chief investment officerBrickman has appointed Steve Klein as chief investment officer.
"Steve has vast experience acquiring and operating commercial office properties in key markets throughout the ...
Crafton joins Harlem LoftsAccording to Harlem Lofts, John Crafton has been hired as a full-time real estate associate broker to buy and sell real estate and bring new ...
Zografos and Martin to join property management department of SwigAccording to Kent Swig, president of Swig Equities, LLC, Anthony Zografos has been appointed as VP of property management and Kevin Martin as director of ...
Porzio, Bromberg & Newman expands practice with addition of four attorneysAccording to the law firm Porzio, Bromberg & Newman P.C., Steven Wagner, John Wagner, Bonnie Reid Berkow and Karen Schwimmer have joined the firm. S. ...
Pliskin of Pliskin Realty & Dev. earns CSM designation; From the International Council of Shopping CentersAccording to Pliskin Realty & Development, the firm's president and CEO Jeffrey Pliskin has earned the designation of Certified Shopping Manager (CSM) from the International ...
Rosewood Realty Group closes multiple sales totaling $22.725 million; Blatter and Perkoski represent buyer in $9 million sale Rosewood Realty Group closed the following sales totaling $22.725 million:
* A $9 million sale of five apartment buildings totaling 48,640 s/f at14-26 Broadway Terrace in ...
Von Der Ahe, edelstein, and glasser secure sale Marcus and Millichap sells a 17-unit apartment building for $1.75 millionAccording to J.D. Parker, VP and regional manager of Marcus & Millichap Real Estate Investment Services Manhattan office, the firm has arranged the sale of ...
Cohen of Colliers International handles 220,000 s/f leaseColliers International completed a 220,000 s/f expansion and extension for AppNexus at 28 & 40 West 23rd Street.
Michael Cohen, president of Colliers International Tri-State, represented ...
Horowitz and Peck of Studley secure 25,779 s/fReproductive Medicine Associates of New York (RMA), has signed a lease renewal for 25,779 s/f of space comprising 2.5 floors at 635 Madison Ave.
Daniel Horowitz, ...
NYSCAR to hold 12th Annual Real Estate Conference June 3rd-5thBy Michael Johnson
On June 3rd, there will be a full-day CCIM Commercial Real Estate Negotiations class instructed by Joe Larkin, CCIM, SIOR. This workshop satisfies ...
Letter of Intent - Bridging the GapI'm sure the vast majority know that the primary purpose of bridge loans are to act as short-term, temporary financing between the acquisition and/or development ...
Greiner-Maltz and Cassidy Turley leases 600,000 s/f at BATGreiner-Maltz and Cassidy Turley have completed successful leasing at the Brooklyn Army Terminal (BAT) in Sunset Park. After winning the leasing assignments in late 2011 ...
Executive of the Month: Question & Answer with Robert Mayer, co-managing partner at MayerMeinberg LLP; Setting an example to the staff that exemplifies a high level of professionalismQuestion and Answer with Robert Mayer, Co-managing partner at MayerMeinberg LLP, an accounting firm with offices in New York City and Long Island. MayerMeinberg has ...
CPEX's Burk and Sigourney represent both parties in $1.2m sale; 3-units totaling 3,000 s/f at 784 Washington Avenue The CPEX mixed-use investment sales team arranged the sale of a three-story mixed-use building located at 784 Washington Ave. situated between Sterling Place and St. ...
Consolo, Aquino, and Maglio of Douglas Elliman arrange lease for Tribeca PediatricsThe leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, along with Arthur Maglio of Douglas Elliman's Retail Group is bringing one ...
Attorney Hornik launches Navesink River CapitalThe beginning of 2013 marked the official launch by attorney Jonathan Hornik of Navesink River Capital, a private lending firm offering real estate financing of ...
Eastern Consolidated to sell six garden-style complexes comprising 232 units for $6.9 million For $6.9 million an investor can secure a fabulous foothold in the Catskills, just north of New York City in the Village of Monticello, the ...
Howard Hughes Corp. names RKF named leasing agent for 365,000 s/f South Street Seaport Following last month's unanimous approval by the New York City Council for the redevelopment of Pier 17, The Howard Hughes Corp. has named RKF as ...
Quarterly Market Report: Executive interview with Shimon Shkury, president of Ariel Property Advisors The NYREJ recently sat down with Shimon Shkury, president of Ariel Property Advisors, a N.Y.C. investment property sales firm, for a question and answer session.
Q: ...
Reclaiming the American Dream for home ownershipBy Eliezer Rodriguez
For the past twelve years, the Bronx has been my home. My two boys were born here and I live in a community ...
Winoker Realty brokers 3 condo transactions totaling $9.677 million; Dayan, A. Ben-Dayan, and J. Ben-Dayan represent buyer in $5.177 million sale According to Ira Fishman, president of Winoker Realty, the firm negotiated three separate commercial condo transactions totaling $9.677 million. Fishman acquired the properties with three ...
Eastern Consolidated completes $11.85 million acquisition of Lower East Side residential complexA 40,000 s/f, four-building affordable residential housing complex at 144-150 Ludlow St. traded to Marolda Properties for $11.85 million in the city's Lower East Side. ...
Hartman of Pliskin Realty & Dev. secures four leases for Advance Auto Parts totaling 29,860 s/f Marvin Hartman, executive VP at Pliskin Realty & Development closed six 10-year leases for Advanced Auto Parts, Inc. (AAP)this past year and brokered the following ...
Founders Message: AMENIn 1962 the U.S. Supreme Court ruled to eliminate daily prayer from public schools. In my humble opinion that was a terrible misjudgment and the ...
Publisher - Front Section
John is the Publisher of the monthly Upstate New York section. John has been with the New York Real Estate Journal since 2005. John, born ...
View Profile
Question of the Month: What happens when the tenant fails to exercise the option to renew a lease?
Past Issues



(All links and email addresses are clickable)
