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Avison Young sells 803 Madison Ave. to 1031 investor - $14.5 million
January 30, 2024
Manhattan, NY Avison Young has arranged the sale of a vacant retail and office property at 803 Madison Ave. on behalf of property owner Philip Sprayregen for $14.5 million. The 8,577 s/f property containing retail and office space was delivered vacant, previously occupied
BOMA Westchester holds annual state of
the market luncheon
January 30, 2024
White Plains, NY More than 100 commercial property owners and brokers were on hand for the annual state of the market luncheon presented by the Building Owners and Managers Association of Westchester (BOMA). The event was held January 10th at 360 Hamilton
Farrell and McCabe to lead Sahn Ward’s Suffolk office
January 16, 2024
Hauppauge, NY John Farrell and Edward McCabe, two of Sahn Ward’s most experienced attorneys, lead the Firm’s Suffolk County office, located at 1300 Veterans Memorial Hwy. The Firm opened the Suffolk office in 2018 to serve its clients
New York State sales tax considerations for the commercial real estate industry - by Sapna Pillai
January 16, 2024
Commercial property owners should be aware of the rules and regulations governing the complex sales and use tax issues that affect the New York commercial real estate industry. These include the taxability
Rand Commercial completes sale of two parcels for $6.73 million
January 16, 2024
Montebello, NY Rand Commercial completed the sale of two parcels at 100 and 300 Rella Blvd. (55.08-1-5 and 1-6) sold to Montvale, NJ-based Rella Owner LLC. The two parcels, totaling 19.34+/-acres sold for $6.73 million
CoreNet Global NYC hosts New Year’s
Party and Star Volunteer Awards
January 30, 2024
Manhattan, NY CoreNet Global NYC hosted its annual New Year’s Party on January 11th at Gotham Hall. The event, attended by over 350 members of the CoreNet Global NYC Chapter, showcased an evening of networking, as well as the Star Volunteer Awards,
M&T Realty Capital Corporation appoints new CEO and other organizational changes
January 16, 2024
Baltimore, MD M&T Realty Capital Corporation (M&T RCC), a wholly-owned subsidiary of M&T Bank specializing in providing competitive financing nationwide for multifamily properties, commercial income properties, healthcare facilities, and other property types, has a series of organizational changes designed to
Sherman of Baseline Real Estate Advisors completes $15.2 million sale of four properties
January 16, 2024
Brooklyn, NY Michael Sherman, founder of Baseline Real Estate Advisors completed the sale of The BK Package consisting of 16 units in Carroll Gardens, Park Slope and downtown Brooklyn for $15.2 million. The four properties are 74
OPEN Impact Real Estate leases 40,000 s/f at 245 West 77th St. to Church of Jesus Christ of Latter-d...
January 30, 2024
Manhattan, NY OPEN Impact Real Estate (OPEN) said that The Church of Jesus Christ of Latter-day Saints has signed a three-year lease for 40,000 s/f of shared and dedicated space at West End Collegiate Church’s facility located at 245 West 77th St. on the
Sahn Ward Braff Koblenz Coschignano PLLC - new name and firm leadership attorneys
January 16, 2024
Uniondale, NY As Sahn Ward begins its 25th anniversary year, Elisabetta Coschignano has become a member of the firm. To recognize this milestone, and Coschignano’s accomplishments and contributions to the firm’s growth and development
Lightstone names Maciejczak as senior vice president of life sciences
January 30, 2024
Manhattan, NY Chris Maciejczak has joined Lightstone as senior vice president of life sciences. Maciejczak comes to Lightstone after leading the life sciences platform at Boston Properties.
Investment Property Realty Group sells five-unit apartment building for $3.24 million to Greenbrook ...
January 30, 2024
Brooklyn, NY Investment Property Realty Group (IPRG) negotiated the closing of 234 Saint Nicholas Ave. for $3.24 million. This property is located between Greene Ave. and Bleecker St. in Bushwick. This property offers five apartments. The building is
Beverly Willis Architecture Foundation opens new headquarters - The Bev with “Emerging Leaders” ...
January 30, 2024
Manhattan, NY National women’s advocacy organization the Beverly Willis Architecture Foundation (BWAF) has opened The Bev, a new multiuse space and the foundation’s headquarters offices. The group’s new, women-focused community meeting
Hudson Gateway Realtor Foundation holds holiday party
January 30, 2024
White Plains, NY The Hudson Gateway Realtor Foundation (HGRF), the charitable arm of the Hudson Gateway Association of Realtors, (HGAR) donated a total of $85,100 to 34 charities and non-profit organizations throughout the Hudson Valley and beyond in 2023. As it enters
Crystal Window Terrace Door named in “Top 75 Building Products List” by BD+C
January 30, 2024
Queens, NY Crystal Window & Door Systems newly enhanced Series 1450D Terrace Door, with an optional ADA compliant low sill, was named to the Building Design + Construction (BD+C) Magazine 2023 “Top 75 Building Products
Perlman of Largo Real Estate obtains permanent first mortgage of multifamily property
January 16, 2024
Buffalo, NY Ned Perlman of Largo Real Estate Advisors, Inc. obtained a permanent first mortgage for the acquisition of a multifamily property
Crystal Window provides fenestration for Morristown Housing Authority Properties
January 30, 2024
Morristown, NJ The rehabilitation of two Morristown Housing Authority properties included 608 single, double, and triple unit windows supplied by national manufacturer Crystal Window & Door Systems.
Montroy DeMarco Architecture receives LEED Platinum for SOCOTEC headquarters
January 30, 2024
Manhattan, NY A newly completed, 11,000 s/f U.S. headquarters office of SOCOTEC, Inc. (formerly Vidaris, Inc.) designed by Montroy DeMarco Architecture (MDA), received LEED Platinum certification from the US Green Building Council.
Commercial Classroom: Creating Opportunities - by Edward Smith, Jr.
January 16, 2024
As we start thinking about 2024, we need to set our goals for the year and create plans for how to achieve them. What are your goals for yourself, your family, and your business? It is important to write down your goals, as doing so implants them in your subconscious mind. It helps remind
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Skanska divests 32% ownership stake in LaGuardia Gateway Partners - $112m
January 30, 2024
Queens, NY On December 6, Skanska signed sale and purchase agreements for its 32% ownership stake in LaGuardia Gateway Partners LLC New York, USA. All required governmental approvals were obtained end of December and closing has now been achieved.
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