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CoreNet NYC hosts REmmy’s Gala

CoreNet NYC hosts REmmy’s Gala

October 14, 2025
Manhattan, NY The CoreNet Global New York City Chapter (CoreNet NYC) hosted its third annual REmmy’s Gala on September 25, 2025, at Casa Cipriani, drawing a sold-out crowd and a record attendance of almost 700 professionals from across the corporate real estate sector. The gala
Invictus Real Estate Partners closes $60m construction loan for mixed-use development

Invictus Real Estate Partners closes $60m construction loan for mixed-use development

October 14, 2025
Plainfield, NJ Invictus Real Estate Partners, a New York-based vertically integrated real estate private equity company, and its capital partners closed a $60 million ground-up construction loan for a mixed-use development. Cushman & Wakefield’s Brian Anderson arranged the financing
TRITEC Real Estate Co. hires O’Leary as chief financial officer

TRITEC Real Estate Co. hires O’Leary as chief financial officer

October 14, 2025
Ronkonkoma, NY TRITEC Real Estate Company appointed Michael O’Leary as chief financial officer (CFO). In his role, O’Leary will oversee TRITEC’s financial strategy, planning, and operations, further strengthening the company’s leadership team as it continues
Island Associates and Avison Young lease 7,500 s/f to NYU Grossman at Strathmore Commons

Island Associates and Avison Young lease 7,500 s/f to NYU Grossman at Strathmore Commons

October 14, 2025
Middle Island, NY In August NYU Grossman had their grand opening at their new 7,500 s/f medical space at Strathmore Commons. NYU spent the last year building-out their space which is being used for general practice and cardiology patients.
Falling STAR: Why exemptions may shrink in 2026 - by Jeremy May

Falling STAR: Why exemptions may shrink in 2026 - by Jeremy May

October 14, 2025
The School Tax Relief program, better known as STAR, has been part of New York’s property tax landscape for decades. Enacted by governor George Pataki in 1997, it was originally structured to reduce school tax bills directly through a partial exemption of assessed
The State Environmental Quality Review Act  2025 (SEQRA) proposed amendments - by Taylor Gonzalez

The State Environmental Quality Review Act 2025 (SEQRA) proposed amendments - by Taylor Gonzalez

October 14, 2025
The State Environmental Quality Review Act, commonly referred to as SEQRA, is a state law that requires government agencies to assess the potential environmental, social, and economic impacts of a project to ensure balance and to protect the environment. In early 2025, the New York State Department of
Hunt Corp. Commercial Real Estate Q&A:  Lease enhancements - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Lease enhancements - by David Hunt

October 14, 2025
Question: We are planning to lease a larger manufacturing facility on Long Island. Our broker says the landlord is going to require “lease enhancement”. What does this mean, and how should it be negotiated?
The Commercial Classroom: Planning - It’s all about the numbers - by Edward Smith Jr.

The Commercial Classroom: Planning - It’s all about the numbers - by Edward Smith Jr.

October 14, 2025
As you head towards the end of the year it’s time to reflect on how you did with our business goals for 2025. Did you fulfill your business plan and accomplish your goals? If your answer is yes, you had a great year. Or if no, a new question, why not? Self-assessment is not easy but
CBRE arranges two new financial services office leases at 575 Madison Ave.

CBRE arranges two new financial services office leases at 575 Madison Ave.

September 30, 2025
Manhattan, NY CBRE has completed two new office leases at 575 Madison Avenue with JTC Group and Arc24 Management, two financial services firms relocating to the building
Green Acres Mall renovations moving forward

Green Acres Mall renovations moving forward

October 14, 2025
Valley Stream, NY Green Acres Mall, one of the largest projects undertaken by the Town of Hempstead Industrial Development Agency (IDA), is moving forward with new construction and new leases, efforts that will boost employment in the shopping center.
Densen and Mayor of Island Associates sell <br>8,000 s/f restaurant for $3.2 million

Densen and Mayor of Island Associates sell
8,000 s/f restaurant for $3.2 million

October 14, 2025
Manorville, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate negotiated the sale of the 8,000 s/f restaurant on 2.2 acres, at 475 County Rd. 111. The property was purchased by a franchise food operator for $3.2 million. This property is located near the Long Island Expwy.,
Mojo Stumer revives neglected <br>Wego Chemical office building

Mojo Stumer revives neglected
Wego Chemical office building

October 14, 2025
Great Neck, NY Mojo Stumer Associates unveiled its latest project, Wego Chemical headquarters at 277 Northern Blvd. The redesign re?ects the company’s forward-thinking brand while elevating both form and function through innovative, modern architecture.
Cronheim Mortgage secures $15.95 million permanent<br> loan for Riverhead Medical Office Park

Cronheim Mortgage secures $15.95 million permanent
loan for Riverhead Medical Office Park

October 14, 2025
Riverhead, NY Cronheim Mortgage has secured $15.95 million of financing for the acquisition of a medical office park. Andrew Stewart and Brandon Szwalbenest of Cronheim Mortgage, in conjunction with Gregg Singer of Singer Financial, placed the financing with one of Cronheim
Hotel Assn. of NYC celebrates excellence in hospitality with 2025 Big Apple Stars Awards

Hotel Assn. of NYC celebrates excellence in hospitality with 2025 Big Apple Stars Awards

October 14, 2025
New York, NY The Hotel Association of New York City (HANYC) made known the winners of the Big Apple Stars Awards, an annual program that brings well-deserved recognition to the exceptional professionals who make New York City’s hospitality industry the best in the world.
BOMA NY: Celebrating excellence at the 53rd Annual Pinnacle Awards - by Patrick Dolan

BOMA NY: Celebrating excellence at the 53rd Annual Pinnacle Awards - by Patrick Dolan

October 14, 2025
The energy at Pier 60 was nothing short of spectacular as BOMA New York’s commercial real estate community gathered for our 53rd Annual Pinnacle Awards. The evening captured the spirit of New York City’s commercial real estate industry at its finest, celebrating not just individual achievements,
Newmark arranges lease for MAMO Italian Restaurant at the Lipstick Building

Newmark arranges lease for MAMO Italian Restaurant at the Lipstick Building

September 30, 2025
Manhattan, NY Acclaimed Italian restaurant MAMO is bringing its signature downtown energy uptown with a 7,000 s/f lease at the iconic Lipstick Building, Newmark Retail announced. The restaurant will occupy 5,000 s/f on the ground floor
IREM NYC Upcoming Events

IREM NYC Upcoming Events

October 14, 2025
While both of these events are complimentary, advance registration at www.iremnyc.org is required.
IREM NYC gathers for annual rooftop cocktail party at 230 Fifth Avenue

IREM NYC gathers for annual rooftop cocktail party at 230 Fifth Avenue

October 14, 2025
Manhattan, NY One of IREM’s biggest events of the year — the annual rooftop cocktail party at 230 FIFTH in NYC. September 10th was a beautiful evening and over 100 friends and guests joined IREM to celebrate the end of summer and welcome the fall!
IREM NYC welcomes two new certified members to the chapter

IREM NYC welcomes two new certified members to the chapter

October 14, 2025
Manhattan, NY It’s always a happy occasion when new certified members are installed in the IREM chapter! It’s even better when the president of the Institute of Real Estate Management (IREM) is there to do the honors! All certified IREM members pledge to adhere to IREM’s Code of Professional Ethics, which was read by Dawn Carpenter, CPM.
NY Market Future Outlook panel discussion set for November

NY Market Future Outlook panel discussion set for November

October 14, 2025
Manhattan, NY The New York chapter of Professional Women in Construction (PWC NY) presents Future Outlook: New York Market. PWC NY has assembled a panel of leaders to share insights on future initiatives in affordable housing, data centers, manufacturing/industrial, and semiconductors.