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2022 Buffalo apartment market - by Brian Heine
June 14, 2022
When the New York State eviction ban ended in early 2022, class B and C apartment vacancy virtually disappeared from the Buffalo rental market. Asking rents for vacant apartments
Kislak Company, Inc. completes two sales totaling $25.15 million
June 14, 2022
Port Jervis, NY The Kislak Company, Inc. handled two sales totaling $25.15 million: Tudor Gardens Apartments, a 140-unit apartment complex at
Saleski of Sutton brokers $1.1 million sale with Emhoff of Emhoff Associates
June 14, 2022
Syracuse, NY Stephen Saleski of Sutton Real Estate Company, LLC. represented the buyers of 3300 Vickery Rd., North Syracuse, a 20,000 s/f multi-tenant
Axiom Capital Corp. structures and arranges $6.7m loan for 29-unit project
June 14, 2022
Saratoga Springs, NY Axiom Capital Corp has structured and arranged a $6.73 million construction to permanent loan for a 29-unit apartment project.
Champion Real Estate Co. acquires 715-bed student housing for $65m
June 14, 2022
Syracuse, NY Champion Real Estate Co. acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office
TAYLOR supports annual 21 Stories for Scouts event
June 14, 2022
Rochester, NY Over the past decade, the view may have changed but the commitment of general contractor TAYLOR – The Builders to the Urban Scouting program has
Horvath & Tremblay completes $9.866 million sale of four WellNow Urgent Care properties in Upstate
June 14, 2022
Grand Island, NY Horvath & Tremblay has completed the sale of four WellNow Urgent Care Properties in New York for a total of $9.866 million.
Keystone National Properties hires Kaltenbach as CFO
June 14, 2022
Jericho, NY Keystone National Properties, a sponsor of Delaware Statutory Trust (DST) offerings, and other tax advantaged and impact
Heatherwood Luxury Rentals welcomes Sallie as director of planning and development
June 14, 2022
Commack, NY According to Heatherwood Luxury Rentals, Sean Sallie will join the company as director of planning and development,
Burman of Engel Burman elected board chair of Long Island Children’s Museum
June 14, 2022
Jericho, NY Scott Burman was elected board chair of Long Island Children’s Museum. Burman serves as a principal at Engel Burman and
Despite unfairness, blanket liens are invalid - by Andrew Richards
June 14, 2022
Mechanic’s liens serve as security for those who perform work, labor and services, or furnish materials and equipment for the construction of a project.
With aid and relief programs winding down, beware of high property taxes - by Brad Cronin and Sean C...
June 14, 2022
School taxes make up approximately two-thirds of each property tax bill. Two years ago, the onslaught of COVID led to increased spending in almost all of Long Island’s 124 school districts. However,
New ASTM phase one standards approved, but not yet ready for prime time - by Chuck Merritt
June 14, 2022
The recently adopted ASTM E-1527-21 Environmental Site Assessment (ESA) or more commonly known as a “phase one” standard was submitted to the federal
Understanding net operating income in commercial real estate - by Ron Koenigsberg
June 14, 2022
In commercial real estate there are many important terms you must know to become a savvy investor. Property owners and investors must become
Zere Real Estate Services handle two sales totaling $2.65 million
June 14, 2022
Port Jefferson Station, NY Zere Real Estate Services sold a 16,098 s/f commercial building situated on three acres
Moawad of LMC leases 1,775 s/f to Jersey Mike’s
June 14, 2022
Hicksville, NY Sandwich franchise Jersey Mike’s Subs is coming to Old Bridge Plaza according to Levin Management Corp.
Venture One acquires development sites; Cushman & Wakefield is broker
June 14, 2022
Hauppauge, NY Venture One completed the acquisition of two sites totaling 17.10 acres located at 49 Wireless Blvd. and 2950 Veterans Memorial Hwy.
Mark Design Studios designs Nino’s Beach eatery
June 14, 2022
Port Washington, NY Mark Design Studios celebrated the opening of Nino’s Beach, a Mediterranean-style eatery on the North Shore of
JLL Capital Markets arranges $35m financing for 309,314 s/f
June 14, 2022
Melville, NY JLL Capital Markets has arranged a $35 million refinancing for a fully leased, two-building, last-mile distribution facility