Top Stories
Avison Young and SERHANT. broker $81.5m sale of 281 Park Ave. South
Manhattan, NY Avison Young and SERHANT. arranged the sale of 281 Park Ave. South, a six-story, 39,800 s/f Beaux-Arts building for $81.5 million. The property offered an opportunity to acquire one of the borough’s most recognizable assets at the southeast corner of Park Ave.
Apex Building Group and L+M Development secure $217 million financing for phase three of the Alafia project
Brooklyn, NY Apex Building Group and L+M Development Partners LLC secured over $217 million in financing for the third phase of the Alafia project, a wellness oriented affordable housing community in East New York that they are developing in partnership with RiseBoro Community Partnership and Services for the Underserved.
Katherine Acre breaks ground on 170,000 s/f multifamily development in Port Chester
Port Chester, NY Katherine Acre Partners (Katherine Acre or KAP) celebrated the groundbreaking of 28 Pearl S., one of Port Chester’s newest residential developments. The project is a nine-story, 170,000 s/f multifamily building featuring 140 residential units (14 of which will be designated as affordable)
Landau Properties breaks ground on One Montague Place - 46 condominums
Brooklyn, NY Landau Properties, in partnership with the Mizrachi family’s Third Millennium Group and Midtown Equities, commenced the groundbreaking of One Montague Pl., the mixed-use development in Brooklyn Heights.
A Legacy of Growth Through Practice Excellence; Forchelli Deegan Terrana LLP celebrates 50th anniversary
Uniondale, NY In 1976, Jeffrey D. Forchelli founded a general practice law firm dedicated to serving local residents and businesses. From the outset, the firm — now known as Forchelli Deegan Terrana LLP — was grounded in excellence
 web.jpg)
Latest News
2026 Ones to Watch - Rising Stars Spotlight out now!
strong>2026 Ones to Watch - Rising Stars Spotlight out now! This is the second installment of NYREJ's annual Ones to Watch series recognizing standout emerging professionals whose drive, talent, and fresh perspective are helping shape the future of New York’s commercial real estate industry. This Spotlight features professionals on the rise and their achievements in the CRE industry.
Simone Development Companies’ retail center fully leased with 1,100 s/f lease by Beauty Supply
Bronx, NY Simone Development Companies has signed a new long-term 1,100 s/f retail lease with Solar Beauty Supply at 2013 Williamsbridge Rd., located within the company’s 20,231 s/f retail center at 2009-2059 Williamsbridge Rd.
Global Holdings completes $30 million capital improvement program of 99 Park Avenue
Manhattan, NY Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has completedits $30 million strategic repositioning of 99 Park Avenue, a 600,000 s/f Class A office tower located steps from Grand Central Terminal.
STAY CONNECTED
SIGN-UP FOR NYREJ EMAILS
DXA Studio and Patrick Cullina unveil landscape design for Bergen
Brooklyn, NY Bergen, one of the city’s most successful condominium projects, where the unveiled landscape design by Patrick Cullina (the landscape designer behind the High Line Flyover and Brooklyn Botanic Garden projects)
.png)
Northmarq secures $13.5 million financing for grocery-anchored retail property in Middle Island, NY
Middle Island, NY Northmarq’s New York metro debt + equity team, led by Robert Delitsky and Dylan Hamer, arranged $13.5 million in financing for Strathmore Commons Shopping Mall, a
.gif)
Murray Engineering enters new ownership
Manhattan, NY Murray Engineering, the New York-based structural engineering firm founded by Robert Murray, P.E., has transitioned ownership to Andrea Shear, P.E., and Anthony Piderit, P.E., S.E, experienced leaders within the firm.
.jpg)
We hope you had the opportunity to join us at the 24th NYS Commercial Association of REALTORS® Annual Conference held June 8-10 at Rivers Casino, Schenectady, New York! Conference co-chairs Andrew Mangini and Don Minichino
New York City’s citizen idling enforcement program was created with a noble objective: reducing air pollution from unnecessarily idling commercial vehicles. Cleaner air is a worthy goal, and few people would argue that trucks and buses should be permitted to run endlessly while parked.
Fundamental to any successful negotiation is thorough preparation – this is the work that needs to be done before a counter-offer is made. Entire books have been written about the art of negotiating, and you have not shared any of the details of your situation, so I can share only a few of the strategies that have helped me negotiate advantageous transactions for our clients.
Watching today morning’s news is concerning at best, tornadoes throughout the midwest and major floods in Texas, Louisiana and the southern states. But the biggest problems of all are droughts concerning the Colorado River.
Soon after I was married, New York’s rent stabilization laws began changing in ways that dramatically affected Manhattan. Over time, many apartments that once enjoyed rent stabilization became
As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
