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Empire Commercial Const. completes 41,800 s/f Pfisterer Corporate Group project
October 14, 2024
Gates, NY Empire Commercial Construction completed the construction contract for Pfisterer Corporate Group. Empire partnered with Greater Living Architecture for design requirements, as well as Douglas Electric for extensive cabling requirements in the 41,800 s/f manufacturing and office space at 2292
93 Hodgson Russ attorneys ranked in 2025 edition of Best Lawyers in America
October 14, 2024
Buffalo, NY Hodgson Russ LLP released that 93 of its attorneys have been selected by their peers for inclusion in the 2025 edition of Best Lawyers in America listings. Inclusion in Best Lawyers may be considered a singular honor because selection is based on an in-depth, peer-reviewed survey
Rosado of Gallagher & Co. brokers $1.7m sale of
Harmanus Bleeker building and 80-space Lancaster...
October 14, 2024
Albany, NY All Square Realty Group acquired the 16,000 s/f Harmanus Bleeker building at 19 Dove St. and the Lancaster Garage an 80 car enclosed parking garage at 180 Lancaster St. This acquisition reinforces All Square Realty Group’s commitment to enhancing the commercial real estate landscape in New
Tempco Glass Fabrication hosts tour of 50,000 s/f facility
October 15, 2024
Queens, NY New York metro area glass processor Tempco Glass Fabrication opened its doors to area architects, specifiers, and building envelope specialists for tours of its 50,000 s/f facility. Several dozen design and construction professionals
Commercial classroom: Who to affiliate with? - by Edward Smith Jr.
October 14, 2024
There are certainly a number of things to consider. Some firms ask each agent to specialize, become an expert in a particular segment of the market, office leasing or industrial sales or perhaps retail site selection. This is fine but sometimes a segment of the market slows down, and there is no activity in your field, and you make
BEB, Totem/Ailanthus, and SK Development top out 193,000 s/f development at 737 4th
October 15, 2024
Brooklyn, NY The partnership team of BEB Capital (BEB), Totem/Ailanthus, and SK Development topped out of 737 4th Ave., a 193,000 s/f, 14-story, 187-unit mixed-income housing and retail development in Sunset Park. Of the 187 residential units
Brown, Altman & DiLeo promotes Szczepanowski to of counsel
October 14, 2024
Melville, NY Brown, Altman & DiLeo, LLP has promoted Lidia Szczepanowski to the position of counsel. The promotion is testament to her dedication, expertise, and the high level of service she provides to the firm’s clients.
Olshan Properties and O’Connor Capital Partners officially open Parkchester Gardens
October 15, 2024
Bronx, NY Olshan Properties and O’Connor Capital Partners, in collaboration with New York City’s Housing Development Corporation (HDC), Department of Housing Preservation and Development (HPD) celebrated the official opening of Parkchester Gardens,
Levin Management adds J. Crew Factory at Mayfair Shopping Center
October 14, 2024
Commack, NY J. Crew Factory will be the next new tenant at Mayfair Shopping Center according to Levin Management Corp. (LMC). The fashion and accessories retailer signed a 6,800 s/f lease at the Jericho Tpke. retail destination.
SHVO closes $120 million in financing for Mandarin Oriental Residences
October 15, 2024
Manhattan, NY SHVO, a national real estate investment and development firm, has secured a $120 million first-mortgage inventory loan from The Northwind Group, for the remaining units at The Mandarin Oriental Residences Fifth Ave. Located at 685 Fifth Ave.
Effects of the NAR settlement in New York: Buyer beware - changes to buyer agency agreements - by J...
October 14, 2024
Although the National Association of Realtors (NAR) does not directly affect New York State, the New York State Association of Realtors (NYSAR) is following the lead of NAR and is complying with the terms of the NAR settlement.
The Domain Companies to open The Shop at 420 Carroll in early 2025
October 15, 2024
Brooklyn, NY The Domain Companies’ development The Shop Workspace will open in early 2025 at 420 Carroll, a mixed-use, mixed-rate development that will bring 360 new homes to Gowanus following the 2021 rezoning. The Shop is a coworking community
Nouvini Property Investments expands portfolio with retail acquisition
October 14, 2024
Greenlawn, NY Nouvini Property Investments, LLC has acquired an 8,400 s/f retail property located at 233 - 243 Broadway.The property was acquired all-cash for $3.05 million and closed within 60 days of contract. Triple Net Brokers represented both buyer and seller in this
Forchelli Deegan Terrana LLP
opens Hauppauge office
October 15, 2024
Hauppauge, NY Forchelli Deegan Terrana LLP opened a Suffolk County office at the 100 Motor Pkwy. This class professional office building is located at the gateway of the Hauppauge Industrial Park, and is accessible off of the LIE and Northern State Pkwy.
Murphy and Khan of ERG Commercial Real Estate deliver $600,000 loan on 8,579 s/f Lynbrook office bui...
October 14, 2024
Lynbrook, NY ERG Commercial Real Estate brokered a $600,000 line of credit on an office building allowing the owner to invest in other properties. The loan was a five-year interest-only floating rate with the flexibility to access funds as needed on the 8,579 s/f office building with 11 units at 347-341 Merrick Rd.
Executive of the Month: Q&A with David E. Gross,
AIA, Executive Partner at GF55 Architects
October 15, 2024
David E. Gross, AIA, Executive Partner at GF55 Architects, inspires through his leadership, innovation, and dedication to design solutions. His legacy extends beyond the individual buildings that his firm has created – to the neighborhoods that have been shaped by GF55.
Appraisals supporting conservation easements are in the crosshairs of the IRS - by David Wilkes
October 15, 2024
Restrictions placed on the use of land or buildings for conservation purposes have for many years been driven in part by syndicated conservation easements, in which a pass-through business entity acquires real property on behalf of investors, makes a conservation contribution to a qualified organization,
ERG Commercial brokers $7.5m loan for Skyland Management
October 15, 2024
Manhattan, NY ERG Commercial Real Estate brokered a $7.5 million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant lots. The consecutive lots, 120-124 Lexington Ave., totaling 4,647 s/f,
Global Holdings’ residential tower Anagram Columbus Circle fully leased
October 15, 2024
Manhattan, NY Global Holdings’ luxury residential tower, Anagram Columbus Circle, has achieved full occupancy. All 123 apartments within the 26-story property offer chic, condo-level design and luxe amenities package, all within a prime location.
RockFarmer Properties appoints Krantz head of capital markets
October 15, 2024
Douglaston, NY RockFarmer Properties, a fully integrated real estate development and investment firm, appointed David Krantz as the company's new head of capital markets. With over 22 years of experience in the real estate industry, Krantz brings a wealth of knowledge