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Phillips of Largo Real Estate arranges
$6.3m first mortgage
July 16, 2024
Buffalo, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., has secured a $6.3 million permanent first mortgage to refinance two multi-tenanted industrial buildings. Both are located near the Buffalo Niagara International Airport
Cowing of C&W/Pyramid Brokerage Co. Buffalo brokers sale of 129,344 s/f industrial facility
July 16, 2024
Cheektowaga, NY 1370 William Street Property LLC has purchased 3500 Genesee St., from Niagara Chocolates Inc. for $6.5 million. The 129,344 s/f industrial warehouse building is on 8.6 acres.
Roth, Snyder and Murphy of University Hill Realty facilitate $8.871 million sale of Temple Concord s...
July 16, 2024
Syracuse, NY University Hill Realty Ltd. brokered the sale of the historic Temple Concord site at 910 Madison St. The property was sold for a total of $8,871,667, marking a milestone in the local real estate landscape.
Navigating new legislation: BOMA New York’s insight on CRE safety and economic growth - by Patric...
July 16, 2024
Recent legislative developments are poised to redefine safety standards and economic growth in the dynamic commercial real estate landscape of New York City. As an advocate for the CRE industry, BOMA New York is deeply invested in understanding and navigating these changes, ensuring they serve the best interests of the community and the commercial real estate market.
IREM NYC webinar and meet n’ greet - July 10, 2024
July 16, 2024
Manhattan, NY On July 10th, IREM NYC hosted complimentary webinar: Get the Lead Out! Complimentary webinar by IREM NYC industry partner Neal Altman of NAJO delivered an update on NYC HPD's Lead-Based Paint inspection requirements and dove into the intricacies of Local Law 31, specifically outlining the upcoming August 2025 deadline for XRF inspections in buildings constructed before 1960.
IREM NYC Coffee and Conversation - June 18, 2024
July 16, 2024
Manhattan, NY We hosted a DEI breakfast on June 18th at 51 Madison Ave. The topic was DEI in the workplace and over the course of two hours we covered a lot issues surrounding the complexities and nuances of diversity, equity and inclusion.
IREM NYC Subway Series - June 26, 2024
July 16, 2024
Queens, NY The Subway Series is one of IREM’s annual traditions and it’s always a great time. Wednesday, June 26th was no different.
IREM NYC hosts Long Island members event - June 12, 2024
July 16, 2024
Huntington, NY IREM NYC hosted an event for their Long Island members on June 12 at the exclusive Founder’s Room. This prohibition era-styled speakeasy was the perfect backdrop for a great social event. With special thanks to our event sponsors Mackoul Risk Solutions; Champion Elevator; Astor & Stone Interior Construction and York CSI.
PWC’s Transportation Forum provides insights from top industry executives
July 16, 2024
Manhattan, NY PWC-NY hosted their third panel of the year at The Yale Club on June 20th. Over 100 people attended the Transportation Forum to hear news from industry leaders at PANYNJ, Amtrak and NYC Department of Environmental Protection, and to network with like-minded peers.
Optimum Asset Management relaunches residence as 222 LES Tower + Lofts
July 16, 2024
Manhattan, NY Optimum Asset Management’s luxury tower and reimagined landmarked loft building is relaunching as 222 LES Tower + Lofts, with sales and marketing now led by Corcoran Sunshine Marketing Group. With a 6,700 s/f private park and suite of newly furnished amenities by Paris Forino, 222 LES Tower + Lofts offers tranquility and charm
Hochul declares $21.5m available to lower emissions and sequester carbon
July 16, 2024
New York, NY According to governor Kathy Hochul, more than $8.5 million has been awarded for the development of innovative nature-based solutions to lower emissions and sequester carbon through round one of the Natural Carbon Solutions Innovation Challenge. In addition, more than $13 million is now available through round two of the challenge
Regional Greenhouse Gas Initiative provides $5m for NYSERDA’s energy demonstration projects
July 16, 2024
New York, NY According to the New York State Energy Research and Development Authority (NYSERDA), $5 million is now available for demonstration projects that co-locate solar siting and agricultural operations in New York State. Through the Environmental Research Program, this funding will support researchers, solar developers, farmers, non-profit organizations, and local governments
Avdoo & Partners secures approval for 60,000 s/f luxury residential development
July 16, 2024
Brooklyn, NY Avdoo & Partners Development’s plans for its luxury residential development at 110 Boerum Pl. have been approved by New York City’s Department of Buildings. Located in Cobble Hill, the six-story building will begin construction in early fall and offer a collection of condominium-homes designed by Brooklyn-based firm Brent Buck Architects.
Vornado Realty celebrates opening of Plaza33 with NYC Department of Transit
July 16, 2024
Manhattan, NY Vornado Realty Trust celebrated the complete transformation of a portion of West 33rd St. into the new Plaza33, a permanent pedestrian plaza in the Penn district with a ribbon-cutting ceremony June 24. Developed through a public-private partnership with the NYC Department of Transportation, the 1/3-acre promenade
Greenbrook Partners restores 377 13th St. with 179 building violations
July 16, 2024
Brooklyn, NY Greenbrook Partners, a vertically integrated real estate investment manager headquartered in New York City, has completed the residential project located at 377 13th St. in Park Slope, and with it, the removal of 179 building violations.
Executive of the Month: Sustainability meets innovation: How PoE is driving the future of smart buil...
July 16, 2024
Power over Ethernet (PoE) technology combines the delivery of electrical power and data communication through a single Ethernet cable, such as CAT5e or CAT6. This integration is highly efficient for building automation and networking, simplifying infrastructure by eliminating the need for multiple wires and power sources.
Vista Skywall Systems furnish and install window façade at The Motto
July 16, 2024
Bronx, NY Vista Skywall Systems completed a major new luxury high-rise residential façade project. Vista supplied and installed an advanced window wall system and other fenestration products for the new 24-story Motto Apartments. Located at 2455 Third Ave. near the Harlem River, across from Manhattan, The Motto is situated in the Mott Haven neighborhood.
MRI Software acquires NY-based Insurent
July 16, 2024
Manhattan, NY MRI Software has acquired New York City-based Insurent, a leading lease guarantor provider for renters, landlords, property owners and real estate brokers. Insurent helps a large segment of creditworthy renters qualify for and obtain an apartment by providing a lease guaranty and acting as the institutional guarantor on their lease.
REAL NY launches leasing at The KNOX - 110-unit luxury rental tower
July 16, 2024
Manhattan, NY REAL New York has launched leasing at The KNOX, a 36-story, 110-unit, full-service rental tower with a doorman located at 49 East 34th St. between Madison and Park Ave. The KNOX offers studio, one-, two- and three-bedroom residences set against views of the Empire State Building, East River and the city skyline.
New York City Housing Authority closes $275m in financing for PACT renovation project
July 16, 2024
Bronx, NY The New York City Housing Authority (NYCHA) closed on the financing for Sack Wern Houses, a $275 million Permanent Affordability Commitment Together (PACT) project that will bring comprehensive renovations for nearly 800 residents living in seven buildings
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