News: Owners Developers & Managers

Paramount Painting Co. completes restoration at Doubletree Hotel

Paramount Painting Company (Paramount) has completed the redecoration of the Doubletree Hotel, located on 49th St. and 7th Ave. in the heart of Times Square. Paramount Painting removed and installed the wall coverings on the first, third, and fifth floors, painted the walls, and installed wood covering to the buffet in the restaurant portion of the hotel. As challenging as the project proved to be, Paramount was able to complete it in a timely fashion without any major obstacles. The wall coverings on the first, third and fifth floors were removed and new coverings were installed and then painted. On the fifth floor, the owner, Omnibuild, required that the wood panels at the elevator lobbies have scuff master paint applied, and ownership wanted to keep the cost low by using a more cost effective product. Mario Simicich, an employee of Paramount, did extensive research and identified a less expensive product that fit the needs of the company and the hotel.
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GFP Development and CetraRuddy to speak at ICF “On the Future of City Living”

Manhattan, NY After the reveal of Wrey, the second office-to-residential luxury conversion by GFP Development and award-winning architecture and interior design firm CetraRuddy, two of its key design protagonists will speak at ICFF “On the Future of City Living.”
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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).
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
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