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Fogarty Finger designs the Nova, 23-story mixed-use high-rise in Queens

Fogarty Finger designs the Nova, 23-story mixed-use high-rise in Queens

February 22, 2022
Queens, NY Fogarty Finger (FFA) has designed an addition to the Long Island City skyline. Sitting on a triangular plot of land, the Nova, a 23-story mixed-use high-rise that
Incorporating natural methods into our buildings - by Bill Gati

Incorporating natural methods into our buildings - by Bill Gati

February 22, 2022
It’s a new year, a new President, a new governor, and a new mayor, and we can expect a lot of changes in the city as it pertains to architecture and
Completion guaranties in ground leases, part II - by Dena Cohen

Completion guaranties in ground leases, part II - by Dena Cohen

February 22, 2022
Ground leases are considered to be secure source of passive income for land owners. What makes that income stream so secure is the fact that the tenant’s obligation to
Luxury retail is still alive despite COVID - by Joseph Aquino

Luxury retail is still alive despite COVID - by Joseph Aquino

February 22, 2022
Deals have quietly been getting done on Madison Ave. and—slowly—new stores have been opening. There’s been a bit of reshuffling of the deck too, seeing
A look forward to more normalcy in 2022 - by John Rynne

A look forward to more normalcy in 2022 - by John Rynne

February 22, 2022
In my last NYREJ article in November, I wrote about slightly rising overall capitalization rates indirectly driven by anticipated increased rates by the
Economic development and strategic planning - by Stacey Duncan

Economic development and strategic planning - by Stacey Duncan

February 22, 2022
As important as it is for economic development organizations to be the driver of new development, it is equally as important to pump the brakes and take stock in not only the
New York City property tax assessments - by Peter Blond

New York City property tax assessments - by Peter Blond

February 22, 2022
The January 18th release of the 2022/23 New York City real estate tax assessment roll provided property owners with a new-found layer of
A construction attorney discusses avoiding supply chain nightmares - by C. Jaye Berger

A construction attorney discusses avoiding supply chain nightmares - by C. Jaye Berger

February 22, 2022
As an attorney who handles construction matters, a lot of people ask me about how to avoid issues with the supply chain and completion. Some of it has to
Build Back Better and the real estate industry - by Sandy Klein

Build Back Better and the real estate industry - by Sandy Klein

February 22, 2022
After months of negotiations in November 2021 the “Build Back Better” Plan passed the U.S. House of Representatives by a narrow vote of 220-213. The $2 billion
Concerning 1031 exchanges:  What should owners expect in 2022? - by Mike Packman

Concerning 1031 exchanges: What should owners expect in 2022? - by Mike Packman

February 22, 2022
Last September, owners of appreciated investment properties and those of us in the commercial real estate industry, collectively exhaled when the proposal to
New York’s “6th borough,” South Florida, is going through a modern-day renaissance - by Michael Zysman

New York’s “6th borough,” South Florida, is going through a modern-day renaissance - by Michae...

February 22, 2022
It is very difficult today to discuss New York real estate without discussing South Florida. Historically, South Florida has been an area where many New Yorkers have owned
Famularo and Goldberg of Meridian complete 20,000 s/f lease to Fushimi Group in Times Square

Famularo and Goldberg of Meridian complete 20,000 s/f lease to Fushimi Group in Times Square

February 8, 2022
New York, NY Fushimi Group, one of New York’s most well-known sushi restaurant chains known for its fine Japanese cuisine, is slated to opens its doors in Times Square early this summer
Delisle of Island Associates Real Estate Inc. completes two FL transactions

Delisle of Island Associates Real Estate Inc. completes two FL transactions

February 8, 2022
Silver Springs & Brooksville, FL Roger Delisle of Island Associates Real Estate Inc. successfully negotiated the long-term lease of 9,000 s/f of in-line space to Dollar
JLL arranges $260 million in refinancing for East Market mixed-use development

JLL arranges $260 million in refinancing for East Market mixed-use development

February 8, 2022
Philadelphia, PA JLL's Capital Markets group announced today that it has secured a $260 million loan for East Market, a mixed-use project with residential units
Raise accelerates growth strategy with launch of NYC office and key hires

Raise accelerates growth strategy with launch of NYC office and key hires

February 8, 2022
New York, NY Raise Commercial Real Estate (Raise) announces today the opening of its New York office led by industry veteran Jamie Katcher, along with partners
$197 million acquisition loan arranged by Progress Capital

$197 million acquisition loan arranged by Progress Capital

February 8, 2022
Jersey City, NJ Brad Domenico, partner at Progress Capital secured $196.9 million in acquisition financing on behalf of a partnership between Fred Arena, CEO of
Newmark completes 60,000 s/f of office leasing at Woodbridge Corporate Plaza

Newmark completes 60,000 s/f of office leasing at Woodbridge Corporate Plaza

February 8, 2022
Iselin, NJ Newmark announced it has completed eight leases totaling nearly 60,000 s/f at Woodbridge Corporate Plaza, a six-building office complex. Newmark senior managing
75 year owned, 22-unit rent stabilized building sold by Meridian’s Doshi and Mehra

75 year owned, 22-unit rent stabilized building sold by Meridian’s Doshi and Mehra

February 8, 2022
New York, NY Meridian’s Amit Doshi and Shallini Mehra closed on their exclusive listing at 511 West 184th St., which is located steps from Yeshiva University
Newmark secures $525 million refinancing for national portfolio of 50 net-leased properties

Newmark secures $525 million refinancing for national portfolio of 50 net-leased properties

February 8, 2022
New York, NY Newmark announced that it has arranged a $525-million loan on behalf of SomeraRoad for the refinancing of a 50 asset, 6.8 million s/f, 100 % net leased
Pearl Studios leases 46,000 s/f at 500 Eighth Ave.

Pearl Studios leases 46,000 s/f at 500 Eighth Ave.

February 8, 2022
New York, NY One of New York’s premier audition and rehearsal studios, Pearl Studios, has reopened now that the lights have come back up on Broadway.  Walter & Samuels, Inc., a full