Search
Story results for:
Company of the Month: American Security is energized and motivated for growth and opportunities in 2...
April 17, 2018
New York, NY The team at American Security shares a telling philosophy that it’ll be perfect when we’re done and, if it’s not perfect, then we’re not done. “In our market of multifamily housing and commercial properties, we operate between the rigid boundaries of quality work and tight deadlines. While there exists an ever-constant desire for improvement, we also acknowledge that nothing and nobody is perfect” said Sean O’Neill, American Security’s CEO.
The search for what to rent next continues: Who knows where the journey will take us this time! - by...
April 17, 2018
As a rental solutions specialist here at AFR Furniture Rental Inc., I’m involved on a daily basis with people who need to move quickly and get commercial office furniture rentals delivered and installed so they can continue running their business. A swing space construction project would certainly be one very solid reason to consider…
Courts limit personal liability of sponsor/developer entity principals - by Jessica Rothman
April 17, 2018
There have been many lawsuits filed by purchasers of residential condominium units in New York City against sponsor-developers and contractors. Generally, the sponsor-developer is an entity—a Limited Liability Company or “LLC”—and, for the most part, New York law does not allow such claims to be brought against the…
Handling situations where a rent-delinquent tenant files for bankruptcy protection - Stephen Lasser
April 17, 2018
An issue that commercial landlords frequently have to address is tenants falling behind in their rent payments and then filing for bankruptcy protection. Once a tenant declares bankruptcy, an “automatic stay” goes into effect, which makes it illegal for the landlord to pursue eviction and collection efforts except through…
An architect’s opinion on the economic pulse in the New York City real estate market - William Ga...
April 17, 2018
My name is Bill Gati. I’m an architect. I’ve done a lot of work in the New York City area since 1987. Quite a while and I have a unique perspective on the economic cycles of architecture, construction and real estate development, and for one thing, I know that our industry is very, very cyclical and very dependent upon the economy and government regulations…
Product of the Month: IMMERSIFY by LERA Consulting Structural Engineers: Collecting user data in VR ...
April 17, 2018
New York, NY Virtual Reality (VR) provides an unprecedented opportunity to maximize collaboration, efficiency and workflow in the design of buildings and interior spaces. Beyond its usefulness as a visualization tool, the true power of VR lies in its potential to improve the decision making process through the ability to experience models at a real scale, change designs in real time and coordinate remotely in the virtual environment.
Thru the Lens: Fried Frank real estate partners with Project Destined to launch Bronx real estate pr...
April 17, 2018
Bronx, NY Fried Frank’s real estate department partnered with Project Destined, a real estate education program, to support the launch of its Bronx program held on March 2-4. Project Destined is a non-profit, created by entrepreneurs Cedric Bobo and Fred Greene, whose goal is to
Thru the Lens: International Nadlan Community of the Israeli Real Estate Center hosts dinner and rou...
April 17, 2018
Manhattan, NY Not even an unpleasant weather forecast could freeze out a gathering of the International Nadlan Community (INC) of the Israeli Real Estate Center at the offices of Pillsbury Winthrop Shaw Pittman, LLP in Times Sq. Eran Rolls, chairman of the Israeli Real Estate Center with Joe Berko, president of INC and Karen Gamba, PR and business development director of INC, hosted a real estate dinner and roundtable discussion where
Thru the Lens: Subraj Foundation honored for charitable work by the Indian Diaspora Council Internat...
April 17, 2018
New York, NY A school for 200 children opened in the village of Napaniya khijadiya in the Indian State of Gujarat. The school was built with a $100,000 donation made by the late Champalakshmi Narottamdas Lakhani. The school, which opened in February, is housed in a new three-story building and is named for its benefactor, serving Grades 1 through 8.
Thru the Lens: New York Women’s Chamber of Commerce launches ContractHER initiative
April 17, 2018
New York, NY Quenia Abreu, CEO and founder of the New York Women’s Chamber of Commerce (NYWCC), launched ContractHER, a new NYWCC initiative designed to help Minority and Women-Owned Business Enterprises (MWBEs) navigate the procurement process and secure more government contracts at the organization’s annual State of Women in Business Forum held March 23 at Columbia University.
Qualifying real property in a §1031 Exchange – Part 1 - by Pamela Michaels
April 17, 2018
Surprisingly, as real estate savvy as most investors are in the Northeast, some may not be aware of the requirement that both the relinquished property being sold–and the replacement property being purchased–must be “held for investment or productive use in a trade or business.” Note that after the…
Avison Young launches new charitable initiative: Five for Five program
April 17, 2018
New York, NY According to Arthur Mirante, Avison Young principal and Tri-State president, the company is celebrating the fifth anniversary of its operations in the region by launching a new charitable initiative.
Under the new Avison Young Five for Five program, employees in the firm’s NYC, Long Island, New Jersey and Fairfield/Westchester offices will dedicate five hours of volunteer community service to a charity of their choice over a five-month period.
