Category: New York City

As the Qualified Opportunity Zone (QOZ) program moves from the Original Opportunity Zone regime (QOZ 1.0) to the new framework beginning in 2027 (QOZ 2.0), a recently released notice from the IRS provides important transition guidance.

For a few days in July, a lot of us in this industry, as well as the world, were watching the same building. At 235 East 42nd St., the former Pfizer headquarters undergoing conversion to residential, steel columns buckled and upper floors dropped. Fire Department of the City of New York (FDNY)

Manhattan, NY Debevoise & Plimpton LLP said that Edward Rishty has been appointed chair of the real estate group, effective immediately. He succeeds Peter Irwin, who will become the firm’s next general counsel as of

Manhattan, NY According to Brand Urban, members of the Alvarez & Marsal Property Solutions (AM-PS) team have joined the company. As part of the move, Matthew Krell joins Brand Urban as principal, bringing more than two decades

Manhattan, NY Tarter Krinsky & Drogin continued the expansion of its real estate practice with the arrival of partners Nahum Palefski and Melissa Bassin. Joining from Moses & Singer, Palefski and Bassin bring more than three decades

Manhattan, NY Group PMX has added nine new team members since the start of 2026. Spanning disciplines that include project management, recruiting, financial controls, data analytics, scheduling, and estimating, this latest

Manhattan, NY JLL said that retail real estate veterans Joshua Strauss and Scott Zinovoy have joined the firm’s New York retail team. Strauss joins as executive managing director and Zinovoy joins as senior vice

Manhattan, NY JLL’s Capital Markets group’s M&A and Corporate Advisory, Corporate Banking Advisory, and Debt & Equity Advisory teams collectively secured $617 million in in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT, Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story Class A multifamily development in the Financial District.

The New York State Legislature recently amended the New York State Tax Law to include a new tax on owners of residential properties in New York City that do not serve as the owner’s primary residence.

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.

Manhattan, NY As SESI Consulting Engineers (SESI) marks its 50th anniversary, the firm is addressing a fundamental shift that is reshaping real estate development across the Northeast: engineering feasibility is increasingly determining whether projects move forward long before design or approvals begin.

Manhattan, NY KGA (Kostow Greenwood Architects) has contributed to the completion of Pacha New York, a new outdoor venue for the legendary Ibiza-born entertainment brand’s expansion into New York City.