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Simone Development and Fareri Associates hold ribbon cutting for Release Recovery
May 14, 2024
Purchase, NY Simone Development Companies and Fareri Associates joined with Release Recovery to celebrate the ribbon cutting of the mental health company’s new 7,698 s/f outpatient facility at 3020 Westchester Ave. This is Release Recovery’s first outpatient treatment facility in New York.
The waiting game - by Michael Packman
May 14, 2024
Real estate investors have been waiting for the Fed to start easing rates. Data shows that most commercial real estate transactions closing right now are mostly comprised of distressed sales. Reasons for this include loan maturities, tenants not renewing their
Meridian Retail Leasing closes first quarter with a bang - by James Famularo
May 14, 2024
It’s no secret that the commercial real estate industry has faced hurdles over the past 24 months, and I’m frequently asked how I’ve been able to work through current hardships given the uncertainty surrounding future demand and occupancy rates. I feel
Debt cancellations and modifications - by Sandy Klein
May 14, 2024
The current economic climate marked by rising interest rates, bank failures and consequential stricter lending standards, is putting a damper on economic activity. Economic downturns have a direct correlation with debt servicing. This article takes a bird’s-eye view
Izaki Group Investments begins closings at The Harper - 145,000 s/f luxury residence
May 14, 2024
Manhattan, NY Global development firm Izaki Group Investments (IGI) have commenced closings at The Harper, located in the Upper East Side at 310 E. 86th St. The limestone-clad luxury condominium features 38-stories and 63 residences, ranging from two to four bedrooms
Getlin joins Manhattan Skyline Management as director of property management and operations
May 14, 2024
Manhattan, NY Sara Getlin has joined Manhattan Skyline Management Corp. as director of property management and operations. Getlin will help oversee Manhattan Skyline’s residential portfolio, which encompasses several thousand luxury apartments in desirable neighborhoods, as well as the firm’s retail holdings.
Naftali Group unveils Williamsburg Wharf -
one million s/f multi-phase development
May 14, 2024
Brooklyn, NY Naftali Group, a privately held global real estate development and investment firm based in New York, which is partnering with Access Industries, a U.S.-based private holding company, have released the official unveiling of Williamsburg Wharf, a 3.75-acre master-planned development and resort-style destination
Triangle Equities and The Michaels Organization top out 204,000 s/f residence
May 14, 2024
Brooklyn, NY Triangle Equities and The Michaels Organization have topped out of 111 Willoughby St., a 40-story class-A mixed-use residential high-rise tower alongside joint-venture partners Geolo Capital, with financing provided by Helaba Bank. The 204,000 s/f development brings housing
Park Tower Group opens Due Madri’s second location at 535 Madison Ave.
May 14, 2024
Manhattan, NY Park Tower Group, real estate developer and manager, has recruited the two women who founded and operate the popular Due Madri eatery at Market 57 to create a second location at its existing kiosk located in the public plaza outside its 535 Madison Ave. office tower in the Plaza District.
Foos Fire, Inc. a Woman-Owned Enterprise
and beacon of reliability and innovation in the industr...
April 30, 2024
New York, NY In the realm of fire safety and protection, one company stands out for its unwavering commitment to excellence: Foos Fire, Inc. Established in December 2008, this Woman-Owned Enterprise (WBE) swiftly became a beacon of reliability and innovation in the industry.
Nominate someone for the 2024 Ones to Watch Industry Leaders Spotlight today!
April 30, 2024
We are now accepting nominations for our 2024 Ones to Watch: INDUSTRY LEADERS Spotlight. This annual spotlight will showcase ?accomplishments, challenges, advice and other key insights from individuals who are leading the way.
Muroff Hospitality Group completes the sale of The Lamplight Inn Bed & Breakfast for $1.255 million
April 30, 2024
Lake Luzerne, NY Muroff Hospitality Group completed the sale of The Lamplight Inn Bed & Breakfast; 231 Lake Ave. Known as “The Jewel of the Adirondacks,” this award-winning property features 12 suites, a dining room and a spacious owner’s apartment. There is an expansive wrap
Colligan of Largo Capital secures mortgage for acquisition of multi-tenant flex/industrial property ...
April 30, 2024
Charlotte, NC Neal Colligan, of Largo Capital, Inc. secured a non-recourse, permanent first mortgage for the acquisition of an 81,120 s/f, multi-tenanted flex/industrial property. The loan was funded through one of Largo’s correspondent life insurance companies with the interest
Outsource Consultants joins PMA in Lavelle School for the Blind fundraiser
April 30, 2024
Bronx, NY Outsource Consultants, Inc., expediting, building code, and zoning experts, has joined Project Management Advisors (PMA), real estate advisors with projects across the nation, in an art supplies fundraiser for Lavelle School for the Blind.
IREON New Member Profile: Kenny Eisman, vice president of Hub International
April 30, 2024
What do you do now and what are you planning for the future? Property and casualty insurance broker, I plan on doing this for a long time! One fun fact about you is: When I was younger, I did some work as a background actor on TV shows
McGovern of NAI Platform and MacAffer of CBRE bring Picklers Pickleball Club to Mid-City Plaza
April 30, 2024
Menands, NY Pickleball enthusiasts in the capital region have a new reason to celebrate as Picklers Pickleball Club held the grand opening of its indoor 18,500 s/f Pickleball Club featuring six-indoor pickleball courts. Located 3.5 miles from the intersection
IREON Insights: A convergence of calamities — same old story — Now is the time for planning with...
April 30, 2024
Real estate that is owned through partnerships and limited liability companies can be fractionalized and gifted at lower values by utilizing valuation discounts. Instead of gifting fee simple title in the real estate, fractional ownership interests in entities owning the