Category: Owners Developers & Managers
Hempstead IDA approves three leases at Green Acres Mall
July 28, 2026
Hempstead, NY Fred Parola, chief executive of the Town of Hempstead Industrial Development Agency (IDA), has approved three new leases at Green Acres Mall and its adjacent Green Acres Common in Valley Stream, both IDA projects. >The new leases, which include a tire store on an outparcel and an apparel retailer and optical shop
IREM NYC’s Summer of Service volunteers work with Friends in Need Foundation, Inc.
July 28, 2026
Manhattan, NY A summer rainstorm didn’t deter IREM chapter’s Summer of Service volunteers. IREM worked with Friends in Need distributing food to the less fortunate in Tompkins Square Park in New York City.
IREM NYC to host eighth annual Sporting Clays Fundraiser October 9, 2026
July 28, 2026
New Paltz, NY IREM NYC is excited to reveal the plans of their eighth annual Sporting Clays Fundraiser on October 9, 2026 at Mid-Hudson Sporting Clays. This much-anticipated event brings together property managers and real estate professionals for a day of camaraderie, competition, and charitable giving —
Real estate tax challenges: More about value, less about taxes - by Robert Renda and Christopher Ter...
July 28, 2026
In New York state, especially on Long Island, real estate taxes are often among the largest costs associated with owning commercial real estate. Consequently, it is common for commercial property owners to
Clear Investment Group expands Washington, D.C. portfolio with acquisition of Woodland Estates
July 22, 2026
Washington, DC Clear Investment Group acquired Woodland Estates, a 300-unit multifamily community in Southeast Washington, D.C. The acquisition marks the firm’s second investment in the Washington metropolitan area, bringing
New York’s SEQRA Reforms: key changes and open questions - by Richard Leland
July 22, 2026
In legislation signed into law by New York Governor Kathy Hochul on May 26, 2026, the Legislature enacted significant reforms of the 50-year-old New York State Environmental Quality Review Act (SEQRA). The principal purpose of these reforms is to encourage housing development by shortening the approval process.
Commonfund relocates New York City office to 825 Third Avenue
July 21, 2026
Manhattan, NY Commonfund, an independent asset management firm serving institutional investors, has signed a lease to relocate its office from Park Ave. to the entire 22nd floor of 825 Third Ave., encompassing 11,816 s/f.
One Domino Square’s Penthouse 1B breaks North Brooklyn record with $7.75 million sale
July 21, 2026
Brooklyn, NY Two Trees Management Co., a Brooklyn-based, family-owned real estate development firm, today announced that Penthouse 1B at One Domino Square is in contract for $7.75 million. This home is both the largest and most expensive in the building,
Yonkers IDA approves five residential projects for affordable housing
July 21, 2026
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) has long played a pivotal role in the economic renaissance underway. Building on the momentum of record years in 2024 and 2025, the YIDA voted final and preliminary approval of financial incentives for five residential projects
Vornado Realty Trust’s PENN 2 achieves 90% leased
July 21, 2026
Manhattan, NY Vornado Realty Trust’s PENN 2, a reimagined office tower in The Penn District campus, is now 90% leased after completing full-floor leases with both Altana AI and Veeva.
Ameriprise Financial renews lease for 37,704 s/f at One World Trade Center
July 21, 2026
Manhattan, NY The Durst Organization and The Port Authority of New York and New Jersey today announced that Ameriprise Financial, Inc. (Ameriprise) has renewed the company’s lease at One World Trade Center. The global financial services firm has had a corporate presence at One World Trade Center since 2016
Village of Greenport, Long Island emerging as expanding retail and hospitality hub
July 21, 2026
Greenport, NY The Village of Greenport, located on the North Fork of Long Island, is reemerging as a hub for entrepreneurs, artists, retailers and hospitality ventures. “Greenport possesses a level of authenticity, character and community identity that is increasingly rare today.
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