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Ariel Property Advisors arranges two sales totaling $14.23 million

Ariel Property Advisors arranges two sales totaling $14.23 million

August 24, 2021
Manhattan, NY Ariel Property Advisors has arranged two multifamily sales, a portfolio of affordable housing buildings in West Harlem and a multifamily midrise at 235 East 96th Street on
New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries

New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries

August 24, 2021
New York, NY The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd St. Partnership Business Improvement District (BID) as of
Bestreich Realty Group sells Brooklyn development site for $2 million

Bestreich Realty Group sells Brooklyn development site for $2 million

August 24, 2021
Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 548-550 Union St. This redevelopment site is located in Gowanus between Nevins St. and 3rd Ave. The sale price was
Taconic Partners refinances redeveloped 817 Broadway: $125 million

Taconic Partners refinances redeveloped 817 Broadway: $125 million

August 24, 2021
Manhattan, NY Taconic Partners closed a $125 million refinancing loan for its boutique, fully redeveloped Union Square office building, 817 Broadway. The financing provides
TriState Commercial Realty secures 25,000 s/f at Industry City for Sakatta

TriState Commercial Realty secures 25,000 s/f at Industry City for Sakatta

August 24, 2021
Brooklyn, NY According to Industry City (IC)—owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co.—Sakatta Inc., a distribution and sales company has
BCN Development LLC closes $10.1 million financing

BCN Development LLC closes $10.1 million financing

August 24, 2021
Bronx, NY According to Craig Nassi of BCN Development LLC, the firm has closed on a $10.1 million permanent loan for
Taconic Partners, Clarion Partners celebrate Bronx solar panel project

Taconic Partners, Clarion Partners celebrate Bronx solar panel project

August 24, 2021
Bronx, NY Taconic Partners and Clarion Partners hosted a conference and reception to celebrate the completion of their solar power project at their flagship Quality Communities property, Eastchester Heights,
16-unit apartment building in Hawthorne moves forward

16-unit apartment building in Hawthorne moves forward

August 24, 2021
Hawthorne, NY In an important step toward the revitalization of the Commerce St. corridor between Hawthorne and Thornwood, the Mount Pleasant Industrial Development Agency (IDA) voted for final approval of financial incentives for the
D/B Question of the Month: Is there an end to these crazy construction prices? - by Kenneth Wille

D/B Question of the Month: Is there an end to these crazy construction prices? - by Kenneth Wille

August 24, 2021
What do you get if you mix supply chain disruptions, international tariffs, labor shortages due to COVID-19 restrictions, and a resin shortage with a global health crisis? The answer is construction pricing from 2019 through 2021.
How an informed property maintenance plan can prevent structural failures - by Kevin Paul

How an informed property maintenance plan can prevent structural failures - by Kevin Paul

August 24, 2021
When any part of a structure fails, the first questions are why and how. To answer these questions failure analysis must be conducted, and the root cause determined.
Landau Zinder celebrates two Scarsdale synagogue renovations

Landau Zinder celebrates two Scarsdale synagogue renovations

August 24, 2021
Scarsdale, NY According to Landau Zinder, construction continues on renovations for Scarsdale Synagogue Temples Tremont and Emanu-el.
Gamco Corp. launches new products

Gamco Corp. launches new products

August 24, 2021
Queens, NY Gamco Corp., a leading New York area fabricator of fenestration and architectural metals, has embarked on a major company initiative to launch a series of new fenestration products
Design/Build Executive of the Month: Rachel Ataman, owner, Touchstone Environmental

Design/Build Executive of the Month: Rachel Ataman, owner, Touchstone Environmental

August 24, 2021
Centereach, NY The New York Real Estate Journal (NYREJ) sat down for a question and answer session with Rachel Ataman, PG, this month’s Design/Build Executive of the Month.
Bird-friendly glass façades: How fenestration providers add value during the design phase - by Steve Chen

Bird-friendly glass façades: How fenestration providers add value during the design phase - by Stev...

August 24, 2021
By now, architects, building owners, and contractors are well aware that municipalities around the nation are implementing “bird-friendly” glass requirements for new and renovated buildings.
RKTB Architects nears completion at 1425 Fulton St.

RKTB Architects nears completion at 1425 Fulton St.

August 24, 2021
Brooklyn, NY RKTB Architects is nearing completion at 1425 Fulton St. in the Bedford-Stuyvesant area and should see residents moving in this fall.
Eastman Cooke building Surgery Center in Midtown with MBH Architecture, LLC and ME Engineering

Eastman Cooke building Surgery Center in Midtown with MBH Architecture, LLC and ME Engineering

August 24, 2021
Manhattan, NY Eastman Cooke & Associates, a locally-based, mid-sized construction company, has been contracted to build the Fifth Avenue Surgery Center, an ambulatory surgery center,
Omnibuild completes $30 million renovation of Marriott Marquis in Times Square

Omnibuild completes $30 million renovation of Marriott Marquis in Times Square

August 24, 2021
Manhattan, NY The recent renovation of the Marriott Marquis in Times Square as completed by Omnibuild. The $30 million project includes upgrades to the hotel’s bars and
Embracing PropTech as New York City’s real estate industry transforms - by Alex Elkin

Embracing PropTech as New York City’s real estate industry transforms - by Alex Elkin

August 24, 2021
Three years ago, at the same time that New York City passed the bundle bills behind its sweeping Climate Mobilization Act, New York State enacted its ambitious Climate Leadership and Community Protection Act.
Statewide Abstract raises $61,000 for St. Jude Children’s Research Hospital

Statewide Abstract raises $61,000 for St. Jude Children’s Research Hospital

August 24, 2021
White Plains, NY Statewide Abstract Corp. was forced to postpone its 2020 charity golf outing due to COVID restrictions but rescheduled for this past June 21st and raised over $61,000 for