Grunberg Realty buys 105-acre Somerset Refinery in Kentucky
According to Michael Grunberg, managing principal of Grunberg Realty, in N.Y.C., the company has closed on the Somerset Refinery and associated business units. This closing could not have been effected without the involvement of congressman Hal Rogers, senators McConnell and Bunning and many others. They're dealing with the EPA and the EPA's eventual understanding of the nature of the circumstances surrounding this purchase allowed this closing to occur. The acquisition includes the 105-acre oil refinery on 600 Monticello St., several office buildings, a fleet of tanker trucks and 12 retail gas stations in the state.
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their