In New York real estate, every square foot has value. Owners and property managers scrutinize operating costs, capital plans, and building systems for opportunities to improve performance. Yet one category of square footage rarely gets the same financial
New Rochelle, NY Westchester Youth Sports Empowerment (WYSE) has secured 111 Plain Ave. as their inaugural facility. The old drill-bit factory now begins its transformation into the first WYSE Clubhouse and a model for a broader initiative to bring
Nyack, NY Irgang Group closed a series of new leases and store openings at its retail properties in Arizona, North Carolina, Georgia and New Jersey, as well as activity at a new mixed-use high-rise in Manhattan and another new mixed-use project
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates Real Estate Inc., as landlord representatives, negotiated the 1,500 s/f long-term lease extension of Digital Nail & Spa at Strathmore Commons at 1245 Middle Country Rd.
The proliferating artificial intelligence products for law firms show promise of improving the quality of legal services and making lawyers more efficient, but as with any developing technology, the results are mixed, with some results being not worth
Cryptocurrency has migrated to the portfolios of an increasing number of borrowers. As digital assets become more common, traditional financial institutions must decide whether and how these assets should factor into underwriting decisions.
Manhattan, NY JLL has completed 24,107 s/f of leasing at 757 Third Ave., marking continued momentum for the Midtown East office tower as owner New York Life invests in repositioning the property.
Potsdam, NY Marcus & Millichap negotiated the sale of Meadow East, a multifamily property. “Meadow East, a 100-unit community, was approximately 30% vacant at the time of sale, presenting an extensive value-add
Commercial real estate has changed dramatically over the past several years. Inflation, rising operating expenses, elevated borrowing costs, changing occupancy patterns and increased investment risk have altered the economics of owning commercial property.
Manhattan, NY Corner Table Restaurants has signed a long-term lease for 17,000 s/f at 582 Seventh Ave. Corner Table Restaurants, creators of one of New York City’s most beloved restaurant brands, will debut a multi-story location of The
If you ask an environmental consultant which type of operations concern them the most, dry cleaners are usually the top answer. If you search the internet for Hazardous Waste Sites (HWS) in your home state, usually 7 or more out of 10 results are dry cleaners since historically they use a chemical known as perchloroethylene or PERC and it only takes a little bit of the chemical to cause an environmental impact that is expensive to address.
Webster, NY Endeavor Real Estate Group negotiated the sale of Fox Run Apartments, a 56-unit multifamily community located at 710 Ridge Rd. Endeavor conducted a targeted marketing process for the property, generating interest
Valley Stream, NY The Alder at Valley Stream brings a new 120,000 s/f, 132-unit senior residential community to the heart of Valley Stream, replacing a village-owned commuter parking field at West Valley Stream Blvd. and Hicks St.
Garden City, NY The Franklin is a boutique, new-construction Class A office building at 1051 Franklin Ave., developed by Scott Minuta and Matt Schwartz and managed by Regus. Spanning three floors and 19,160 s/f, the property offers fully equipped, full-service office suites on flexible lease terms, along with stylish conference rooms, kitchen amenities, elevator service, IT support, mail handling, on-site parking and 24/7 secure access.
Manhattan, NY Carlo Seneca, CEO of C & A Seneca Construction, recently drew in hundreds of VIP guests for the celebration of his company’s 100th anniversary. The festivities aptly coincided with the opening of NYFW.
Copiague, NY The Eagle Eatery is designed as a multi-use, flexible space capable of supporting the full range of school functions — from daily lunch periods to assemblies, presentations, and after-hours events.
Port Jefferson, NY Community Development Long Island (CDLI) and Conifer Realty recently broke ground on Perry & Main, a 53-unit mixed-use development that will help advance the revitalization taking place in the Village of Port Jefferson.
New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
Glen Cove, NY Arden at Garvies Point represents the next phase of RXR’s continued transformation of the Glen Cove waterfront into a vibrant, mixed-use community. Developed by RXR in partnership with Chuo Nittochi America Corporation Team, the five-story boutique rental building
Queens, NY Northmarq’s White Plains Debt + Equity team led by Robert Ranieri arranged $7 million in financing for a 53,000 s/f industrial distribution warehouse located at 56-75 49th St. in the Maspeth neighborhood