Category: Brokerage
Crowley elected president and CEO of Building Trades Employers Association
April 11, 2023
Manhattan, NY Elizabeth Crowley, a former New York City Council member, will succeed Lou Coletti as president and CEO of the Building Trades Employers Association (BTEA). Crowley, who worked as a union restorative painter on prized landmarks before serving in the Council,
Leaders of NYC real estate, business and government gather at the REBNY Annual to celebrate industry...
April 11, 2023
The Real Estate Board of New York (REBNY) last night hosted more than 1,000 leaders of real estate, business and government at the REBNY Annual – the premier networking event for New York City’s real estate industry
Executive of the Month: Christopher Stout, principal of StoutCap
March 28, 2023
I got started in real estate investing in my early 20s when I purchased my first rental property. At the time, my main goal was to save money and build wealth by investing in a tangible asset that I could see and touch. I saw real estate as a way to create
Walker & Dunlop arranges $131 million construction financing for Werwaiss Properties
March 28, 2023
Long Island City, NY Walker & Dunlop Inc., New York Capital Markets team arranged a $131 million construction loan for 23-10 42nd Rd. a 35-story, residential development situated at the convergence of the Court Sq. and Queens Plaza subdistricts.
Simone of Concourse Realty sells four Bronx properties for $33.775 million
March 28, 2023
Bronx, NY Concourse Realty’s broker and owner, David Simone arranged the sale of four properties in three separate transactions. 1351 Jerome Ave., and 1342 Inwood Ave., sold for $20 million on March 1, 2023
Town of the Month: Cortlandt, New York...Where life works
March 28, 2023
Cortlandt, NY There is a hidden gem nestled along the Hudson River, less than an hour train ride from midtown. It is the town of Cortlandt, where life works at home, work and play and it is prime for investment. Commercial space is often
Denham Wolf sells 134 West 18th St. to Lucille Lortel Theatre - $5.35 million
March 28, 2023
Manhattan, NY Denham Wolf Real Estate Services secured the purchase of a three-story carriage house in Chelsea which will help support emerging artists, the creation of new theatrical works, and bolster the downtown theatre scene.
Piercing the veil - WeWork style - by Thomas Kearns
March 28, 2023
Businesses often set up special purpose entities (SPE) to sign a lease as a tenant. The SPE’s are sometimes referred to as “shell” entities. The SPE is sometimes wholly owned by the ultimate parent company or co-owned with investors.
Catalon and Weiss of Cushman & Wakefield lease 18,850 s/f to Building Service 32BJ Health Fund
March 28, 2023
Manhattan, NY Cushman & Wakefield arranged an 18,850 s/f lease for Building Service 32BJ Health Fund (32BJ) at 22 West 19th St. The nonprofit organization will occupy the entire second floor.
United American Land proposes first project in SoHo/NoHo under new zoning rules
March 28, 2023
Manhattan, NY The first development in SoHo under new zoning rules passed by New York City Council in 2021 is coming to Canal St. and Broadway at 277 Canal St., according to leadership from United American Land (UAL).
BOMA Westchester roundtable focuses on state of county’s big cities
March 28, 2023
White Plains, NY City leaders from New Rochelle, White Plains and Yonkers provided their perspective on the state of their cities and the potential of future development and job growth at a roundtable hosted by BOMA Westchester
Local Law 11 is not a façade - by Gabriella Schwalbe
March 28, 2023
The scaffolding that surrounds your current office or apartment building seems like an everlasting nuisance. New Yorkers are fed up with the amount of time scaffolding stays up. Some buildings have been plagued by scaffolding for over a decade. New York City Council members
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