Manhattan, NY Goodwin, the global law firm at the intersection of capital and innovation, has signed a lease to relocate its New York office to the 200 Fifth Ave. building in the Flatiron District, overlooking Madison Square Park. The firm plans to complete the relocation to the new space in late 2026.
Manhattan, NY The Feil Organization, one of New York City’s premier real estate investment firms, alongside joint venture partners Lloyd Goldman and the Nakash Family, unveiled plans to convert 140 West 57th St., a 14-story office building, into a 47-unit luxury condominium.
Sayville, NY Rechler Equity Partners presented its reimagined South Bay Village development to more than 70 community members at the MacArthur Business Alliance meeting. The presentation and report focused on the stark contrast between the initial proposal and its current version,
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Cortlandt, NY How many developers, businesses and commercial realtors located in southern Westchester and New York City are aware of a hidden gem nestled along the Hudson River, less than an hour train ride from midtown? Probably not many. So now is the time to visit and learn more about this gem: the Town of Cortlandt.
Binghamton, NY Broome County marked a pivotal year of economic momentum in 2024, with more than $174 million in new private investment supported by the Broome County Industrial Development Agency (IDA) that will drive more than 1,000 jobs and $30 million in tax revenue, according to The Agency’s 2024 annual report.
Albany, NY The New York State Commercial Association of Realtors’ (NYSCAR) annual conference will be taking place at Rivers Casino & Resort in Schenectady, on June 16-17.This event brings together top commercial real estate professionals and industry leaders from across the state for two days of networking, education, and insight into the
New Rochelle, NY BRP Companies celebrated the grand opening of The Leaf (formerly known as 500 Main), a 477-unit, 26-story, 602,000 s/f mixed-use development located at 12 Church St. Construction at the property began in February of 2022. “The Leaf exemplifies our commitment to transformative, community-driven development that delivers high-quality housing and vibrant amenity spaces to the communities we serve,” said Meredith Marshall,
Manhattan, NY International real estate firm, Time Equities, Inc. (TEI), a diversified investment, development, asset and property management, licensed real estate brokerage, and alternative energy company, has promoted Landon Goodman to chief financial officer.
Manhattan, NY Global Holdings, real estate development and investment firm led by chairman and founder Eyal Ofer, has arranged a lease with Amalgamated Bank for a 94,045 s/f, 15-year deal within 99 Park Ave. The 26-story Midtown East office tower is currently in the midst of a $30 million capital improvement program featuring a detailed facade redesign and the integration
Manhattan, NY A 70-story building with a champagne-colored glass curtain wall structure is about to enter the era of luxury living for Midtown South. 100 West 37th St., at the corner of 6th Ave., will bring a futuristic cylinder glass tower to the emerging residential area along with the largest number of ground-up new development units and a new standard of luxury, never before seen in this area.
Real estate developers operating in New York State know that the high cost of taxes and regulatory compliance can be major obstacles to new construction and redevelopment. To address these challenges, New York has established a network of local Industrial Development Agencies (IDAs) and economic development authorities empowered to offer meaningful incentives to stimulate private investment. Created under the General Municipal Law and Local Authorities Law, IDAs provide a variety of financial tools — including tax abatements