News: Owners Developers & Managers

M&Y Developers completes 32-unit condominium - Suite Sixteen

Suite Sixteen reached a major sales milestone after five months on the market with 50% of its residences now sold. The astounding sales can be attributed to Suite Sixteen's central location in South Slope, the building's unique design by Karl Fischer, modern interiors by Andres Escobar and amenities such as a private fitness center and onsite parking. "The successful sales reinforce our belief that the South Slope was ready for a luxury building of this caliber," said Brendan Aguayo, director of business development of Aguayo & Huebener. "Suite Sixteen is the perfect choice for buyers searching for affordable luxury in an area ripe with culture, restaurants and stylish boutiques." Developed by M&Y Developers, Inc., the five-story, 32-unit condominium with limestone facade will feature one and two-bedroom homes. Residences range in size from approximately 890 s/f to 1,802 s/f. Expected occupancy is scheduled for this month. Suite Sixteen is located on 16th St. in South Slope, a neighborhood bustling with new residential developments, retail and restaurants. Aguayo & Huebener is the exclusive marketing and sales agent for the development.
MORE FROM Owners Developers & Managers

Getting to “yes” on accommodating the last-mile delivery facilities New Yorkers count on - by Jon Popin

New Yorkers love getting groceries, meals, and packages delivered straight to their door, or at least, to their doorman. The “last-mile delivery” facility’s trucks and vans are the linchpin that make that convenience possible?
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.