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2019 New York City Real Estate Expo - Oct. 24th

New York, NY Over 5,000 key decision-makers representing the state’s real estate, banking, investment, construction, architecture and related industries will convene at the New York Hilton Midtown on Thursday, October 24th for the 11th annual New York City Real Estate Expo.

BGA wins award for historic window project at RXR’s Starrett Lehigh Bldg. wins award

Manhattan, NY The Lucy G. Moses Preservation Awards gala was held at the Plaza Hotel. Known as “the Oscars of Preservation,” this event attracted 670 attendees, occupying two rooms and filling The

Jungreis and Guttman of Rosewood close sale of 62,548 s/f Bronx property; The Morgan Group sells 60 East. 196th St. for $8.15 million

Bronx, NY Rosewood Realty Group has closed the $8.15 million sale of a five-story walk-up apartment building in the Fordham neighborhood. The 62,548 s/f building at 60 East 196th St.features 46 apartments and a superintendent’s unit in the

Social responsibility limited liability companies (LLCs) - by Thomas Kearns

The U.S. Business Roundtable recently stated that U.S. publicly-traded corporations shouldn’t be solely focused on generating profits for shareholders but must also create good jobs and a sustainable economy and protect the environment. The statement attempts to

Question of the Month: Did you know about the new legislation requiring buildings to cut greenhouse gas emissions? - by Paul Gurdak

The Climate Mobilization Act – a package of bills representing an action plan for cutting greenhouse gas emissions across the five boroughs – states that buildings larger than 25,000 s/f must reduce their emissions by 40% by 2030 and by 80% by 2050.

Cohen and Bernstein of Besen Partners facilitate $1.035 million sale

Brooklyn, NY Besen Partners has completed the sale of 3137 Fulton St., a two-story, 3,368 s/f mixed-use building with two apartments and a store. The subject is located in the Cypress Hills neighborhood. Besen Partners exclusively

Savills arranges sale for Lafayette Avenue, LLC

Bronx, NY Savills Capital Markets represented Lafayette Avenue, LLC in the sale of the land underlying the Banknote Building.

Davis of Largo secures two loans totaling $5.3 million

Johnson City, NY Aaron Davis, account executive of the Largo Group of Cos., arranged $5.3 million to refinance the existing debt on two multifamily properties owned by two separate clients.

Bestreich, Davila, Reynolds and Reynolds of BRG close $2.2 million development site sale between Pagnani and Kaufman

Queens, NY Bestreich Realty Group, (BRG) closed the sale of 314 Woodward Ave., located in the Ridgewood neighborhood. This development site was sold for $2.2 million. 

Hudson Valley Property Group buys 311 units for $48.3 million; CBRE Affordable Housing and CBRE’s NY Institutional Group handle sale

Yonkers, NY CBRE Affordable Housing and CBRE’s New York Institutional Group have completed the sale of the 311-unit, affordable housing community known as Parkledge. The property sold to Hudson Valley Property Group