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BOMA NY Monthly Forum: Special Inspections: A Guide for Building Managers

BOMA NY Monthly Forum: Special Inspections: A Guide for Building Managers

December 10, 2021
New York, NY BOMA New York’s November 2021 Monthly Forum, entitled “Special Inspections: A Guide for Building Managers,” offered a professional engineer’s experienced
Ferrara of Brax Realty sells vacant retail building for $4.6 Million

Ferrara of Brax Realty sells vacant retail building for $4.6 Million

December 9, 2021
New York, NY Michael Ferrara, managing principal of Manhattan based Investment Sales brokerage firm Brax Realty announced the sale of a vacant retail building
Stenson of Brax Realty sells corner development site on Park Ave.

Stenson of Brax Realty sells corner development site on Park Ave.

November 23, 2021
New York, NY Alan Stenson, senior director of Manhattan based Investment Sales brokerage firm Brax Realty is pleased to announce the sale of a corner development site in East
Rose Associates announces retirement of senior managing director Bruce Spiegel

Rose Associates announces retirement of senior managing director Bruce Spiegel

December 9, 2021
New York, NY Rose Associates, Inc., the New York-based multifamily real estate developer, announced today that Bruce Spiegel, senior managing director of retail and
Rosewood Realty Group closes $39 million sale of PA multifamily development

Rosewood Realty Group closes $39 million sale of PA multifamily development

November 23, 2021
Marietta, PA Rosewood Realty Group completed the sale of a newly constructed 172-unit multifamily development for $39 million.
Urban Standard Capital delivers a $13 million loan

Urban Standard Capital delivers a $13 million loan

November 23, 2021
Miami Beach, FL - Urban Standard Capital, a NYC-based fully integrated real estate private equity firm with a presence in South Florida, provided a $13 million
Kaye and Listhaus of Rockledge purchases 7201 Ridge Blvd. for $10.4 million

Kaye and Listhaus of Rockledge purchases 7201 Ridge Blvd. for $10.4 million

November 23, 2021
Brooklyn, NY Rockledge, led by David Kaye and Joe Listhaus, purchased 7201 Ridge Blvd. The corner elevator building consists of 59 units and spans over 46,000 s/f. The purchase price
Engel Burman founder, Sydney Engel, 98, dies

Engel Burman founder, Sydney Engel, 98, dies

December 1, 2021
Sydney Engel, founder of Engel Burman, has died. He was 98.
Capital Mortgage Services of Texas secures over $500 million with AXY Wrap

Capital Mortgage Services of Texas secures over $500 million with AXY Wrap

November 23, 2021
New York, NY CRE financial firm, Axylyum Charter, has announced that Capital Mortgage Services of Texas has secured over $500 Million of default protection
Berger joins Cord Meyer Development Company board of directors

Berger joins Cord Meyer Development Company board of directors

November 23, 2021
Queens, NY Martin Berger, managing member of Saber Real Estate Advisors, LLC and Saber Real Estate North, LLC, has been appointed to the board of directors of Cord Meyer Development Company, one of the oldest and largest developers in the New York
RM Friedland releases “Bronx Neighborhood Apartment Rent Survey & Analysis” report

RM Friedland releases “Bronx Neighborhood Apartment Rent Survey & Analysis” report

November 23, 2021
Regulations, shutdowns, and economic stimulus have had little effect on slowing the upward rent trajectory for New York City apartments which once again have the nation’s most expensive rent.
Public Relations: Undertaking a new project? Pay attention early to media inquiries - by Harry Zlokower

Public Relations: Undertaking a new project? Pay attention early to media inquiries - by Harry Zloko...

November 23, 2021
As development picks up, journalists too are on the lookout, scouring records and scouting each other’s coverage in hopes of breaking stories on new acquisitions, plans,
Developers take note: Should your next project be affordable housing? - by Lisa Lim

Developers take note: Should your next project be affordable housing? - by Lisa Lim

November 23, 2021
As America hopefully bounces back from the worst waves of the pandemic “freeze” during 2022, some of the nation’s other social problems will eventually return to
Ventilation and air quality: Post-pandemic considerations for property owners - by Robert Koonin and Cynthia Thomas

Ventilation and air quality: Post-pandemic considerations for property owners - by Robert Koonin and...

November 23, 2021
8,409,600. This is the number of breaths that the average employee takes in a single year. There is likely no other factor more critical in determining a person’s productivity and health than the
Planning for a real estate downturn: Mitigating risk and finding value in today’s environment - by Mike Packman

Planning for a real estate downturn: Mitigating risk and finding value in today’s environment - by...

November 23, 2021
Those of us that have been in the industry a while, understand that markets are cyclical and eventually, history repeats. So how have the lessons we learned during
City assessor’s approach could exacerbate damage to negatively impacted properties post-pandemic - by Peter Blond

City assessor’s approach could exacerbate damage to negatively impacted properties post-pandemic -...

November 23, 2021
With the return of Broadway and seemingly “life” in Midtown Manhattan, the New York City Department of Finance may feel more emboldened to raise assessments aggressively in January.
Moratorium on commercial foreclosures extended to January 15, 2022 - by Michael Caruso

Moratorium on commercial foreclosures extended to January 15, 2022 - by Michael Caruso

November 23, 2021
On September 2, 2021, New York governor Kathy Hochul signed into law a revised and extended moratorium on foreclosures against qualifying commercial property owners impacted by the
Three reasons to buy and three reasons to sell investment property in New York City - by Cole Kinney Leonhardt

Three reasons to buy and three reasons to sell investment property in New York City - by Cole Kinney...

November 23, 2021
From 2010 up until 2019, investors wondered how low cap rates in New York City could realistically go. With both sizzling demand and a timeless outlook on New York City investment property, the
New York City is still feeling the effects of COVID - by Joseph Aquino

New York City is still feeling the effects of COVID - by Joseph Aquino

November 23, 2021
New York City has now lived through almost two years of the COVID-19 pandemic. I have been observing the effects of the restrictions that have consequently been
There are opportunities and innovations emerging in real estate’s post-pandemic environment - by Michael Zysman

There are opportunities and innovations emerging in real estate’s post-pandemic environment - by M...

November 23, 2021
Now that we are in the tail-end of the COVID-19 health crisis, there are many new opportunities that have emerged in the commercial real estate space. In most New York City submarkets, multifamily rents and