Category: Brokerage
Executive of the Month: Polsinelli joined Compass as vice chair and launched their new Commercial Sa...
April 2, 2019
New York, NY The New York Real Estate Journal sat down with Adelaide Polsinelli, vice chair of Compass for a question and answer session.
The Wizard of OZ (that’s “Opportunity Zones”): OZ vs. 1031, Part 1 - by Dan Flanigan
April 2, 2019
OZ vs. 1031, Part 1: You are about to sell a capital asset and trying to figure out whether a 1031 exchange or an Opportunity Zone (OZ) investment is the right way to go.1 That depends on a variety of circumstances special to your situation, status, and goals. The devil (and the angel too) is in the details. Here are some things to consider.
Deegan Dickson of Forchelli Deegan Terrana honored at Business Women of Long Island Awards Gala
April 2, 2019
Uniondale, NY Kathleen Deegan Dickson, a partner in the law firm of Forchelli Deegan Terrana LLP, has been selected as a recipient of the inaugural Premier Business Women of Long Island award.
CREWNY hosts Powerful Women Luncheon March 5th at Club 101
April 2, 2019
Manhattan, NY CREWNY (Commercial Real Estate Women New York) brought together a panel of women to its “Powerful Women Luncheon,” on March 5th at Club 101.
Douglas Elliman honors top NYC agents at annual awards
April 2, 2019
Uncasville, CT On Tuesday, March 5th, Douglas Elliman Real Estate celebrated its agents from around the country at its annual awards ceremony, The Ellies. Top performers from New York City, including Manhattan and Brooklyn, were among the honorees at this year’s event held at Mohegan Sun.
Construction Law: An attorney discusses dealing with leaks - by C. Jaye Berger
April 2, 2019
Dealing with leaks and how to determine responsibility for it can be a major headache. The best thing anyone can do is to be certain they have insurance coverage in place. Anyone renting out their condominium unit or co-op apartment should have their own insurance, as well as…
Island Associates negotiates six leases on Long Island totaling over 11,343 s/f
April 2, 2019
Brentwood, NY Island Associates (IA) completed six leases including:
Terence McMahon of IA handled a 2,320 s/f lease at 1825 Brentwood Rd. The lease is for a base term of 10 years with aggregate rent of over $730,000.
Klosed Properties acquires two buildings in the Belmont neighborhood of the Bronx
April 2, 2019
Bronx, NY According to Klosed Properties, the firm has acquired two properties in the Belmont neighborhood.
2333 Beaumont Ave. is a mixed-use 2,000 s/f building, with plans to build 12 apartments, 11,000 s/f ground up.
Cronheim Mortgage arranges $5 million for 52,000 s/f office building in Manhattan
April 2, 2019
Manhattan, NY Cronheim Mortgage secured $5 million in financing for 32 East 31st St. The 20-year loan amortizes over a 30-year schedule for the borrower, 32 East 31st Street Corp. Cronheim acted as corresponding agent and servicer for CMFG Life Insurance Co.
Ferrara of Brax Realty represents seller in $6.9 million sale of Upper East Side mixed-use building
April 1, 2019
Manhattan, NY Michael Ferrara, managing principal of investment sales brokerage firm Brax Realty completed the sale of a 7,951 s/f mixed-use building in the Upper East Side. The property, 240 East 75th St. located between 2nd Ave. and 3rd Ave., sold for $6.9 million.
Moskowitz of Stroock & Stroock & Lavan moderates NYC Charter Review Critical to Future of City
March 29, 2019
New York, NY A panel of New York’s leading real estate thinkers discussed the current New York City Charter review, which could turn out to be the most momentous change in city real estate decision-making since 1989.
NYCEDC leadership speaks at WX New York Women Executives in Real Estate’s monthly breakfast
March 28, 2019
New York, NY On Tuesday, March 12th, leadership from the New York City Economic Development Corporation (NYCEDC) spoke at the WX New York Women Executives in Real Estate’s monthly breakfast, highlighting the city’s strategy to bring good-paying jobs to city residents through inclusive innovation.
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