Category: Owners Developers & Managers

Bronx, NY Local elected officials joined Lehman College and MADDD Equities to cut the ribbon at The Lehman Grand, the first student dormitory at Lehman College. Opening ahead of the fall 2026 semester, the new dorm adds much-needed campus housing with apartment-style living for more than 180 students.

Bronx, NY IREM NYC volunteers spent Saturday, August 1 with Green City Force weeding and mulching at New York City Housing Authority’s (NYCHA) Forest Houses EcoHub in the Morrisania section.

Manhattan, NY Local chapters of the Institute of Real Estate Management (IREM) participated in the 2026 Summer of Service to celebrate the daily impact property managers have in their communities by bringing together participants in service to help communities thrive.

Anyone who has spent a career operating commercial real estate in New York understands just how complex our regulatory environment has become. Local, state, and federal requirements touch virtually every aspect of our buildings — from life safety systems

A potential buyer will want to see how the property is expected to perform this year and in the future.  We start by creating an Operating Statement or Proforma, which is a projection of the

Manhattan, NY Summer Restaurant Week has concluded on August 16th, with more than 600 participating restaurants offering prix-fixe lunch and dinner menus. While exceptional dining can be found throughout the city, 42BELOW offers one of the city’s most diverse collections of dining experiences, replete with Michelin-starred chefs, and spanning refined steakhouses to K-town standouts, all within the same Midtown South neighborhood.

Manhattan, NY Inside one particular pocket of Midtown South — the stretch running roughly from the southern edge of Times Square down through the Garment District and Koreatown, and from Bryant Park to Eight Ave. Some locals have started calling it “42BELOW,” and the restaurants, bars, and cafés packed into it are becoming favorites among one of the city’s most discerning communities. 

Morristown, NJ Mayor Timothy Dougherty and the town council awarded the conditional designation of SJP Properties as the redeveloper of 1 North Park Pl., 17-21 North Park Pl., 11-23

Manhattan, NY The Council of New York Cooperatives and Condominiums (CNYC), a non-profit representing nearly a thousand co-ops and condos across New York City, released a set of “Reasonable Recommendations” for the Mamdani Administration

Brooklyn, NY Alloy Development (Alloy) signed three new retailers at the Alloy Block — MUJI, Winner and CardVault by Tom Brady. MUJI is taking 10,000 s/f for its second Brooklyn location, Winner is opening a new 2,726 s/f cafe

This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.

By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges