Category: Brokerage
Zar Property NY completes multiple long-term leases at 42-44 Greene St.
October 11, 2022
New York, NY Zar Property NY has signed multiple long-term leases at 42-44 Greene St., a 5-story mixed use building between Broome St. and Grand St. Celebrity apparel brand “Mother” Denim has signed a long-term
Catinella joins Forchelli Deegan Terrana LLP
October 11, 2022
Uniondale, NY Forchelli Deegan Terrana LLP (“FDT”), Thomas Catinella is joining the firm’s Construction practice group as an associate
Deborah Smith of The CenterCap Group has built a reputation as a life-cycle advisor, providing custo...
September 27, 2022
New York, NY The New York Real Estate Journal (NYREJ) sat down with Deborah Smith of The CenterCap Group for a question and answer session. Smith is co-founder and CEO of The CenterCap Group and heads the firm’s strategic capital
Alienation Restraints - by Thomas Kearns
September 27, 2022
The law has long disfavored perpetual private restrictions on a real property owner’s right to sell its property in the future. These restrictions are called restraints on alienation and the rule against perpetual restrictions is called the rule against
Five critical things to remember when deciding to do a 1031 exchange - by Dwight Kay
September 27, 2022
If you’ve picked up a financial publication recently, chances are you’ve seen references to 1031 exchanges. A 1031 exchange is a legal way for investors to defer their capital gains taxes on the sale of real estate held for investment or
Stav Equities and Safdie Realty Group broker $3.35 million
September 27, 2022
Brooklyn, NY Stav Equities alongside Safdie Realty Group, has brokered the sale of 57 Grove St., a 12-unit multifamily building in the Bushwick neighborhood. The brokers were able to assist ownership in buyouts, ultimately delivering 11 out of
Top brokers join Serhant and Chen at The Westly on Manhattan’s Upper West Side
September 27, 2022
New York, NY More than 50 top brokers joined Ryan Serhant, founder of real estate brokerage SERHANT. and Eran Chen, founding principal of ODA, on September 13th for an event at The Westly, a boutique condo development located at 251 West 91st St. on Manhattan’s Upper West Side. The event was held in The Westly’s latest
GFP Real Estate launches exclusive NFL ticket giveaway contest for tenants this fall
September 27, 2022
New York, NY As a means of celebrating and rewarding employees returning to work this Fall, GFP Real Estate has launched an exciting new ‘Fall NFL 2022 Giveaway’ contest, giving its tenants an opportunity to win VIP tickets to a Giants or Jets game at MetLife Stadium.
Enterprise Community Partners grants $4 million to Maryland and Michigan organizations to support ag...
September 27, 2022
New York, NY Enterprise Community Partners(Enterprise) announced the 16 recipients of the 2022 Thome Aging Well grants, which are part of a four-year, $19 million program to help older adults living in affordable communities age safely and securely at home.
Commercial classroom: Commercial fair housing laws - by Ed Smith
September 27, 2022
Do Fair Housing Laws apply to commercial real estate? The answer is yes. This is apparent when dealing with multi-family residential properties. But what about retail, office and industrial? Any type of discrimination is a violation of the Fair Housing Act. Specifically, federal law has seven protected classes: race, color, national origin, religion, sex,
The Praedium Group completes Fund X fundraising
September 27, 2022
New York, NY The Praedium Group (Praedium) completed fundraising for its tenth fund. In total, Fund X raised more than $728 million in equity to invest in multifamily housing in suburban growth markets, primarily in the South and West. Fund X attracted new and existing investors including public and corporate pension funds, insurance companies
High income renters in regulated apartments - by Aaron Weber
September 27, 2022
Across 10 buildings in the Chelsea neighborhood of Manhattan, Weber Realty manages 45 regulated rental units. Rent roll data indicates that these stabilized/controlled units are receiving a 253% discount compared to its comparable market rate neighbors. For these 10 buildings, the average price
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