The State of Connecticut Department of Administrative Services has awarded Konover Commercial Corporation (KCC) a new five-year contract for the management of office space and parking facilities located in Waterbury and Torrington.
Under the new contract, KCC will provide property management services for two properties in Waterbury, 55 West Main St., a 99,700 s/f office building with a parking garage, and 395 West Main St., a 28,200 s/f office building with a parking garage. In addition, the contract includes 59 Field St. in Torrington, a 43,500 s/f office building with parking garage.
"This new contract is a testament to the exceptional value offered by Konover Commercial, as well as our performance at other State-owned properties," said Elizabeth Judd, president of KCC. "We are honored to add these three facilities to our property management portfolio."
The new five-year contract, which was obtained through a competitive procurement process, was awarded in December 2012 and commenced on January 1.
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.