Category: Owners Developers & Managers

IREM’s 2026 Summer of Service with Friends in Need

IREM’s 2026 Summer of Service with Friends in Need

August 25, 2026
Manhattan, NY Local chapters of the Institute of Real Estate Management (IREM) participated in the 2026 Summer of Service to celebrate the daily impact property managers have in their communities by bringing together participants in service to help communities thrive.
BOMA New York: Advocacy that delivers results - Sharon Hart

BOMA New York: Advocacy that delivers results - Sharon Hart

August 25, 2026
Anyone who has spent a career operating commercial real estate in New York understands just how complex our regulatory environment has become. Local, state, and federal requirements touch virtually every aspect of our buildings — from life safety systems
Commercial Classroom; Pricing investment properties - by Edward Smith Jr.

Commercial Classroom; Pricing investment properties - by Edward Smith Jr.

August 21, 2026
A potential buyer will want to see how the property is expected to perform this year and in the future.  We start by creating an Operating Statement or Proforma, which is a projection of the
Summer Restaurant Week debuts new openings and exceptional dining in the 42BELOW neighborhood

Summer Restaurant Week debuts new openings and exceptional dining in the 42BELOW neighborhood

August 20, 2026
Manhattan, NY Summer Restaurant Week has concluded on August 16th, with more than 600 participating restaurants offering prix-fixe lunch and dinner menus. While exceptional dining can be found throughout the city, 42BELOW offers one of the city’s most diverse collections of dining experiences, replete with Michelin-starred chefs, and spanning refined steakhouses to K-town standouts, all within the same Midtown South neighborhood.
Places app by Raya builds network of restaurant recommendations in the 42BELOW neighborhood

Places app by Raya builds network of restaurant recommendations in the 42BELOW neighborhood

August 20, 2026
Manhattan, NY Inside one particular pocket of Midtown South — the stretch running roughly from the southern edge of Times Square down through the Garment District and Koreatown, and from Bryant Park to Eight Ave. Some locals have started calling it “42BELOW,” and the restaurants, bars, and cafés packed into it are becoming favorites among one of the city’s most discerning communities. 
Morristown appoints SJP Properties as conditional redeveloper of North Park properties

Morristown appoints SJP Properties as conditional redeveloper of North Park properties

August 19, 2026
Morristown, NJ Mayor Timothy Dougherty and the town council awarded the conditional designation of SJP Properties as the redeveloper of 1 North Park Pl., 17-21 North Park Pl., 11-23
CNYC releases Co-Op and Condo Affordability report with recommendations for Mamdani Administration and city council

CNYC releases Co-Op and Condo Affordability report with recommendations for Mamdani Administration a...

August 12, 2026
Manhattan, NY The Council of New York Cooperatives and Condominiums (CNYC), a non-profit representing nearly a thousand co-ops and condos across New York City, released a set of “Reasonable Recommendations” for the Mamdani Administration
Alloy Development arranges new retail leases with Muji, Winner and Cardvault

Alloy Development arranges new retail leases with Muji, Winner and Cardvault

August 12, 2026
Brooklyn, NY Alloy Development (Alloy) signed three new retailers at the Alloy Block — MUJI, Winner and CardVault by Tom Brady. MUJI is taking 10,000 s/f for its second Brooklyn location, Winner is opening a new 2,726 s/f cafe
How property reserves work in a Delaware Statutory Trust (DST) - A practical comparison to direct real estate ownership - by Dwight Kay

How property reserves work in a Delaware Statutory Trust (DST) - A practical comparison to direct re...

August 12, 2026
This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.
Preparing for the Pied-à-Terre Tax: Budgeting  and compliance issues for cooperative boards - by Michael Schroder

Preparing for the Pied-à-Terre Tax: Budgeting and compliance issues for cooperative boards - by Mi...

August 11, 2026
By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges
The Market Hall at Manhattan West by Brookfield Properties unveils culinary lineup for fall

The Market Hall at Manhattan West by Brookfield Properties unveils culinary lineup for fall

August 11, 2026
Manhattan, NY Brookfield Properties is proud to unveil The Market Hall at Manhattan West, an elevated, multi-concept dining destination, to one of New York City’s most dynamic neighborhoods. Spanning two levels, The Market Hall combines thoughtful design with a vibrant atmosphere, bringing together a curated collection of new food and beverage concepts, including a rooftop terrace bar.
New York City TLC selects AmTrustRE’s 250 Broadway for new headquarters with 39,000 s/f lease

New York City TLC selects AmTrustRE’s 250 Broadway for new headquarters with 39,000 s/f lease

August 11, 2026
Manhattan, NY According to AmTrustRE, a national real estate owner-developer with more than 12 million s/f of commercial, mixed-use and residential properties across the Northeast, Midwest, and Sunbelt, the New York City Taxi and Limousine Commission (TLC) has selected 250 Bdwy.