News:
Spotlight Content
Posted: April 9, 2012
PEP Real Estate retained to exclusively represent five properties
According to PEP Real Estate, it has been hired to exclusively represent the following properties:
* 76 Wooster St.: 1st floor and basement space containing 5,000 s/f located between Broome and Spring Sts. Space is suitable for retail, gallery, showroom, restaurant, event, pop-up shop uses.
* 76 Wooster St.: 2nd to 3rd floor space containing 3,750 s/f located between Broome and Spring Sts. Lease term of up to three years considered. Space is suitable for office, gallery, showroom, event, pop-up shop uses.
* 54 Crosby St.: Entire three-story building offered containing a total of 8,000 s/f space. Property is located between Spring and Broome Sts. Space suitable for retail, gallery, showroom, event, pop-up shop uses. Renovated by Italian sculptor Arturo DiModica.
* 685 Washington St.: Property containing 5,000 s/f, suitable for storage, warehouse or parking use. This corner property contains 2,500 s/f open lot and 2,500 s/f vacant garage.
* 327 Douglass St.: Property currently zoned and built-out for dog kennel/groomer/hospital/clinic/veterinarian use. The ground floor contains 6,000 gross s/f. Located in Boerum Hill Community area.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
.png)
.gif)
.jpg)
Columns and Thought Leadership
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Properly serving a lien law Section 59 Demand - by Bret McCabe
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”.
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
.gif)