Category: Brokerage

Regarding Coronavirus and 1031 exchange replacement property contracts - by Pamela Michaels

Regarding Coronavirus and 1031 exchange replacement property contracts - by Pamela Michaels

April 7, 2020
Our worlds everywhere, but especially in New York City and the Northeast, have been turned upside down by the Coronavirus. Contracts are being renegotiated and terminated and force majeure clauses are being examined by legal counsel under a microscope. In some cases,
Calamar welcomes Jerzewski and Green

Calamar welcomes Jerzewski and Green

April 7, 2020
Wheatfield, NY Calamar, a full-service real estate organization comprised of construction, development, property management and finance & investment divisions, has named
Kalet of C&W|Pyramid receives Chairperson’s Award

Kalet of C&W|Pyramid receives Chairperson’s Award

April 7, 2020
Syracuse, NY According to Cushman Wakefield/Pyramid Brokerage Co., (C&W|Pyramid) Michael Kalet received the Chairperson’s Award for being the #1 salesperson of the year for
Question of the Month: How can organizations drive a sustainable operation while saving money? - by Chuck Hurchalla

Question of the Month: How can organizations drive a sustainable operation while saving money? - by ...

April 7, 2020
In 2016, Evolution Energy Partners (EEP) saw true value in defining energy usage reductions for our customers and driving net impact to the bottom line through energy efficiency. By doing so, EEP became a full-scale energy management firm offering an end-to-end suite of
CPC Mortgage Co. refinances 80-unit Niagara Falls senior housing

CPC Mortgage Co. refinances 80-unit Niagara Falls senior housing

April 7, 2020
Niagara Falls, NY According to CPC Mortgage Co. LLC, a subsidiary of The Community Preservation Corp. (CPC), it has closed $1.28 million in financing through a Freddie Mac Optigo Targeted Affordable Housing (TAH) loan to
HUNT Real Estate ERA named a top family-owned/operated firm

HUNT Real Estate ERA named a top family-owned/operated firm

April 7, 2020
Buffalo, NY Real estate industry publication REAL Trends released its annual Top 500 survey, ranking the nation’s most successful real estate firms based on
Construction Law: What foreign investors don’t know about buying New York real estate - by C. Jaye Berger

Construction Law: What foreign investors don’t know about buying New York real estate - by C. Jaye...

April 7, 2020
When foreigners purchase property in the United States, often condominiums, they are generally focused primarily on the cost of the property, the location and potential appreciation in value as an investment. The United States has traditionally been a good place to
SWBR promotes Zigarowicz to principal

SWBR promotes Zigarowicz to principal

April 7, 2020
Rochester, NY According to SWBR, Tim Zigarowicz, AIA has been promoted to a principal of the firm. Zigarowicz has more than 20 years of architecture
April message from NYSCAR’s president, James Walker

April message from NYSCAR’s president, James Walker

April 7, 2020
I hope that you are staying safe in this very challenging environment.This is an unprecedented time for everyone and we continue to keep the welfare of the membership as a priority. The National Association of Realtors and
A look at the 2020 Buffalo apartment market - by Brian Heine

A look at the 2020 Buffalo apartment market - by Brian Heine

April 7, 2020
The Buffalo apartment market is seeing large investment from investors outside the area, an occurrence not seen in recent years. Real Estate Investment Trust Welltower of Toledo, Ohio acquired a portfolio of 32 apartment complexes, including four under construction, for
JLL Capital Markets closes two sales totaling $110 million

JLL Capital Markets closes two sales totaling $110 million

April 7, 2020
New York, NY According to JLL Capital Markets, the firm has closed  two sales, totaling $110 million: JLL closed the $61.5 million sale of a development site at 29 Jay St. in the Dumbo neighborhood of Brooklyn, for the Forman Group.
Dansker of Marcus & Millichap sells Tribeca walk-up for $9.25 million

Dansker of Marcus & Millichap sells Tribeca walk-up for $9.25 million

April 7, 2020
Manhattan, NY According to John Krueger, regional manager and VP of Marcus & Millichap’s local office, the firm has completed the sale of 36 Walker St. for $9.25 million.