Category: Owners Developers & Managers

SSRGA advises co-op/condo boards on smoke detector NY compliance

SSRGA advises co-op/condo boards on smoke detector NY compliance

May 7, 2019
New York, NY As of April 1st, all smoke detecting alarm devices that are solely operated by battery power shall employ a non-removable, non-replaceable battery that powers the device
Nuveen Real Estate hires Phillips and Tilton as portfolio managers

Nuveen Real Estate hires Phillips and Tilton as portfolio managers

May 7, 2019
New York, NY Nuveen Real Estate has hired two portfolio managers for its office and industrial sector strategies.  The new hires – Chad Phillips and Brian Tilton –report to Rahul Idnani, Nuveen Real Estate’s global COO and U.S. head of portfolio management.  
Madison Realty Capital developing 280,000 s/f Union Crossing project

Madison Realty Capital developing 280,000 s/f Union Crossing project

May 7, 2019
Bronx, NY In September, The New York Times reported on the building boom in the South Bronx. Since then, developers have been flooding to the area, bringing about new residential
Orient Development’s Ammann receives TCO

Orient Development’s Ammann receives TCO

May 7, 2019
Manhattan, NY The Ammann, a new condominium development at 40 Pinehurst Ave., on the corner of 179th St. in Hudson Heights, has received its Temporary Certificate of Occupancy (TCO), enabling buyers to close
Westchester IDA approves incentives for $95 million apartment project

Westchester IDA approves incentives for $95 million apartment project

May 7, 2019
White Plains, NY The Westchester County Industrial Development Agency (IDA) has approved resolutions of intent to provide financial incentives for a $95 million apartment complex to be built
What every commercial and residential real  estate broker needs to know about property taxes - by David Wilkes

What every commercial and residential real estate broker needs to know about property taxes - by Da...

May 7, 2019
Real estate brokers – for both commercial and single-family residential properties – often regard property taxes as potential deal-killers for one of two reasons. In the first scenario, based on potential sale value,
New York City Green New Deal’s Greenhouse Gas Emissions Reduction Bill - by Jeff Rios and Charlie Marino

New York City Green New Deal’s Greenhouse Gas Emissions Reduction Bill - by Jeff Rios and Charlie ...

May 7, 2019
On Earth Day, NYC’s mayor’s office and city council unveiled NYC’s Green New Deal referred to as “The Climate Mobilization Act,” a package of bills to reduce NYC’s carbon emissions 40% by 2030 and 80% by 2050 (aka 80x50). 
City council passes Int No. 1253: A required  reduction of Greenhouse Gasses in NYC by 80% - by George Crawford

City council passes Int No. 1253: A required reduction of Greenhouse Gasses in NYC by 80% - by Geor...

May 7, 2019
The city council has just passed Int No. 1253, which is awaiting the mayor’s signature as this article is written. The bottom line is that by 2050, there will be a required reduction of Greenhouse Gasses in New York City of 80%. To achieve this mandated goal, buildings will be evaluated on the basis
The Rudin Family completes lobby redesign/renovation at 55 Broad Street; Architect for project was Fogarty Finger

The Rudin Family completes lobby redesign/renovation at 55 Broad Street; Architect for project was F...

May 7, 2019
Manhattan, NY The Rudin Family, one of New York City’s leading owners, operators and developers of privately owned real estate, has completed construction of the redesigned lobby of its 30-story office building at 55 Broad St.
IREM earns 2019 Energy Star Partner of the Year award

IREM earns 2019 Energy Star Partner of the Year award

May 7, 2019
Washington, DC The Institute of Real Estate Management (IREM) has received the 2019 Energy Star Partner of the Year - Sustained Excellence Award for energy efficiency programs that feature...
ACEC NY presents 52nd annual Engineering Excellence Awards; <br>Arup wins award for Emma and Georgina Bloomberg Center

ACEC NY presents 52nd annual Engineering Excellence Awards;
Arup wins award for Emma and Georgin...

May 7, 2019
New York, NY On Saturday, April 13th, 700 consulting engineers and clients attended the American Council of Engineering Companies of New York' (ACEC New York) 52nd annual Engineering Excellence Awards Gala at the New York Midtown Hilton.