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Shawmut Design and Construction, Hobbs Brook Real Estate, and Payette break ground on FM Global’s ...
April 16, 2024
Norwood, MA Shawmut Design and Construction, Hobbs Brook Real Estate, and Payette officially broke ground on a new research, science, and technology facility for commercial property insurer
Racanelli Construction Company, Inc. completes a 121,270 s/f low-coverage facility for Venture One R...
April 16, 2024
Bohemia, NY Racanelli Construction Company, Inc. a leading construction management, general contractor, and design/build resource for commercial, industrial, retail, medical, pre-engineered
NYC Design Build Panel Discussion
April 16, 2024
The New York chapter of Professional Women in Construction (PWC NY) presents a Design Build Panel. Experts from the NYC Department of Design and Construction, Citnalta, Swinerton, and Design Build Institute of America will share insights on the evolving design build landscape in
Commercial Classroom: Assumption Agreements - by Edward Smith
April 16, 2024
Often a lease will have an option for renewal by the tenant. If the option is exercised the Broker is usually entitled to an additional commission. But what happens if the building is sold before the option becomes due? Is the new owner responsible to pay the Brokers commission
New York City Real Estate Recovery - by Robert Khodadadian
April 16, 2024
As a Manhattan-based commercial real estate broker at Skyline Properties, I've been closely involved in observing the surprising turnaround in New York City's real estate market following the COVID-19 pandemic. When initial projections suggested a recovery by 2025
Asset Class Breakdown-2024 Opportunities - by Robert Khodadadian
April 16, 2024
In the bustling streets of Manhattan, where every corner tells a tale of commerce, As a Investment Sales Broker in Manhattan for almost 20 years I've observed a landscape marked by uncertainty yet teeming with potential. I would like to share insights into the ever-evolving
Marty Hennessy celebrates 25 years at Katz & Associates
April 16, 2024
Englewood, NJ Marty Hennessy, president, Katz & Associates is celebrating 25 years at Katz this month. Hennessy has many notable credits to his name, including: successfully negotiating thousands of real estate transactions over the past 30+ years, opening the Katz Florida
Meridian Capital Group arranges $16.5 million in construction financing for a mixed-use property
April 16, 2024
Queens, NY Meridian Capital Group, America’s most active dealmaker, arranged $16.5 million in ground-up construction financing for a mixed-use property consisting of multifamily and retail space at 183-03 Hillside Ave
Ross of Largo Capital secures refinancing for $7.92 million
April 16, 2024
Pickerington, OH Kevin Ross, managing director at Largo Capital, Inc. secured a non-recourse, fixed rate, permanent first mortgage to refinance the existing debt on a community retail property located for $7.92 million. The multi-tenanted property is 90,040 s/f and is 100%
February office building visitation report shows continued incremental growth back to pre-pandemic a...
April 16, 2024
Manhattan, NY The Real Estate Board of New York (REBNY) released its latest monthly analysis of Placer.ai location data in 350 Manhattan office buildings. This report tracks mobile data of office tenants and their employees, and, where applicable
Philip Butler joins Forchelli Deegan Terrana LLP as a land use & zoning partner
April 16, 2024
Uniondale, NY Forchelli Deegan Terrana LLP welcomes Philip Butler to the firm’s land use & zoning practice group as a partner. Butler has extensive experience in all aspects of the land
Jesse Hiney joins Forchelli Deegan Terrana LLP as a partner and chair of the Firm’s environmental ...
April 16, 2024
Uniondale, NY Forchelli Deegan Terrana LLP welcomes Jesse Hiney to the firm as a partner and chair of the firm’s Environmental Practice Group
Entrepreneurship’s vital role in economic development for upstate New York - by Christa Ouderkirk ...
April 16, 2024
For decades, traditional economic development initiatives have focused on the attraction and retention of existing well-established businesses. Entrepreneurship, or the process of starting new businesses, was often considered not immediate enough to address the urgent demands of economic development.
BOMA New York Forum Navigating Local Law 97: Strategies for commercial real estate
April 16, 2024
Manhattan, NY The Climate Mobilization Act (CMA) is the largest climate solution of any city in the world. Its centerpiece, Local Law 97 of 2019, requires that all New York City buildings larger than 25,000 s/f meet carbon reduction targets beginning this year, or face fines for non-compliance.
IREM NYC’s annual celebration
April 16, 2024
Manhattan, NY IREM NYC held their annual dinner and awards on Thursday evening, March 6th at 230 Fifth. For the third year in a row, this event was sold out! To make the evening even more special, the chapter celebrated their 70th anniversary and IREM national president Libby Ekre
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PWC to host Design Build Panel
April 16, 2024
Manhattan, NY On April 30th, Professional Women in Construction (PWC) will be hosting their 2024 Design Build Panel at Brickworks Design Studio. Learn from panelists from the NYC Department of Design and Construction, Citnalta, Swinerton and Design Build Institute of America
Blumenfeld Development Group leases 3,000 s/f to Bronx Joint
April 16, 2024
Bronx, NY The Blumenfeld Development Group (BDG) negotiated, the borough’s third state authorized, legal cannabis shop. The Bronx Joint has opened for business in The Crossings in Hunts Point.
Avison Young sells four buildings for $60.25 million for Page Management
April 16, 2024
Manhattan, NY Avison Young has arranged the sale of four buildings on behalf of Page Management. The properties consist of 236 West 15th St., 253-255 West 11th St., 82 Washington Pl., and 188-192 6th Ave. in the West Village,
CL Credit originates $24m senior loan for refinancing of 53 East 177th St.
April 16, 2024
Bronx, NY CL Credit (CLC) has completed its first loan in New York City. The platform, which was launched at the end of 2023 by Castle Lanterra (CL), a New York-based national real estate investment firm, originated a $24 million refinance for 53 East 177th St., a new
Flaherty, Reynolds, Parsons and Williams of IPRG sell development site in Hunter’s Point for $3.6 ...
April 16, 2024
Queens, NY Investment Property Realty Group (IPRG) negotiated the closing of 51-09 2nd St. in Hunter’s Point for $3.6 million. This property is located on the corner of 51st Ave. and 2nd St. The property offers 12,000 buildable s/f and