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Blatter of Whitestone closes $5 million sale

Blatter of Whitestone closes $5 million sale

March 20, 2018
Queens, NY Nathan Blatter of Whitestone Realty Group Inc. has closed on the $5 million sale of 21-02 21st St. in Astoria. The property is a corner 75 ft. x 100 ft. lot which was formerly a gas station. 
BPCA, CTA, LiRo and Nicholson & Galloway complete $5.3 million project

BPCA, CTA, LiRo and Nicholson & Galloway complete $5.3 million project

March 20, 2018
Manhattan, NY Battery Park City Authority (BPCA), CTA Architects, P.C., construction manager The LiRo Group, and contractor Nicholson & Galloway, Inc. have completed the $5.3 million renovation and waterproofing of the Irish Hunger Memorial. The project restored the monument, while rendering it less susceptible to damage from weather for years to come.
Question of the Month: Concerning ground leases: How should landlords handle picking the ground tenant for their property? - by Daniel Shirazi

Question of the Month: Concerning ground leases: How should landlords handle picking the ground tena...

March 20, 2018
Ground leases are an effective tool that property owners can use to maximize the upside potential of their asset without the expenses associated with transferring ownership of the property through a conventional sale. In general, a ground lease (master lease) is a long-term net lease (usually 99 years) of land including any improvements (if any) on the said land…