Picone Construction completes improvements to Kleinhans Music Hall

Picone Construction Corp. has completed safety improvements to Kleinhans Music Hall located at 3 Symphony Circle. This project consisted of removal and replacement of two partial walls in the main hall. The new wall assemblies are adjustable in height to accommodate wheelchair seating on the main floor. The architect of record is HHL Architects and the mechanical and electrical engineer is M/E Engineering PC.

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SL Green Realty inks 34,564 s/f of leasing at 711 Third Ave.

Manhattan, NY SL Green Realty Corp. completed two office leases totaling 34,564 s/f at 711 Third Ave. The transactions include a 14,598 s/f, 8.5-year renewal lease with Ackman Ziff Real Estate

NAI Long Island brokers sale of 2,500 s/f office for $680,000

Merrell of Island Assocs. sells 1,400 s/f medical office - $650,000

Mercor signs lease for 25,550 s/f at One World Trade Center

Roth of Manhattan Skyline leases retail space to Age of Stones

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Taft takes full floor at The Durst Organization’s 1155 Avenue of The Americas

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Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their