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Aircuity enables annual calibration cycles for CO2-only systems
May 14, 2024
New York, NY Aircuity has continued innovation for our ‘CO2 Only’ clients; now enabling annual calibration cycles. Aircuity transitioned to an annual calibration cycle in April for systems sensing and controlling using solely carbon dioxide. The change is supported by a three-year study of data
New inspection requirements for parking structures - by Miguel Lizardo
May 14, 2024
Starting this year, the DOB will require more thorough and frequent special inspections for parking structures, with deadlines as near as August 1, 2024. Since establishing the Periodic Inspection for Parking Structures (PIPS) program in 2022, the DOB has been making major strides to improve parking garage safety.
Innovo Property Group to develop
Review Avenue Complex - 736,000 s/f
May 14, 2024
Long Island City, NY Innovo Property Group (IPG), a New York City-based real estate investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has planned its newest purpose-built multistory urban industrial facility, The Review Avenue Complex. Located in the Borden Innovation District at 28-90 Review Ave.
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.
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