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RXR Realty breaks ground for 200-unit multifamily Bronx project
November 2, 2021
Bronx, NY RXR Realty (RXR) broke ground on its inaugural South Bronx development, a future residential building located at 2413 Third Ave. Situated next to
Type A Real Estate Advisors and JASA hold ribbon cutting for 115-unit senior housing development
November 2, 2021
Bronx, NY Type A Real Estate Advisors, in collaboration with JASA, celebrated the opening of 1490 Southern Blvd. in a ribbon cutting ceremony. The new, 100% affordable
BRP Companies breaks ground on Archer Towers
November 2, 2021
Queens, NY BRP Companies broke ground on Archer Towers, a planned 24-story, 542,000 s/f mixed-use development in the Jamaica neighborhood. The Urban Investment Group within
Arker Cos. celebrate completion of The Fountains project: $425 million
November 2, 2021
Brooklyn, NY Governor Kathy Hochul joined Arker Cos. to celebrate the completion of The Fountains, a $425 million transformative project on the state’s former
Will the current capitalization rates bubble explode or just have a slow leak? - by John Rynne
November 2, 2021
How big of a bubble will occur in the continuing low level of overall capitalization rates (cap rates)? I visualize that the generally low cap rates are in a bubble which
Honnick and Baldwin promoted at Ravi Engineering & Land Surveying
November 2, 2021
Rochester, NY Ravi Engineering & Land Surveying (RE&LS) has promoted Dave Honnick, P.L.S., and Sean Baldwin to
November 2021 NYSCAR president’s monthly message - by James Walker
November 2, 2021
Although the in-person annual conference at Turning Stone Resort and Casino was cancelled due to health concerns, members were still able to
Arc Building Partners and Pioneer Construction and Development Co. form strategic partnership
November 2, 2021
Buffalo, NY Arc Building Partners and Pioneer Construction and Development Co. (Pioneer) have formed a strategic partnership that will allow both companies to actively expand their
Vanguard-Fine brokers 11 leases and 3 sales totaling $2.6 million
November 2, 2021
Albany, NY Vanguard-Fine, LLC negotiated three sale transactions totaling $2.6 million and 11 leases for more than 23,500 s/f.
Inspirations of the past influence downtown revitalization of the present - by Stacey Duncan
November 2, 2021
The Southern Tier of New York is populated with several predominately rural counties which all center around their respective downtown cores. Broome County has experienced
C&W/Pyramid Brokerage negotiates 8 leases - 59,619 s/f
November 2, 2021
Syracuse, NY Cushman & Wakefield | Pyramid Brokerage Co. (C&W | Pyramid) completed the following transactions:
Bouck sells 8,000 s/f Wheeler’s Farm & Home Store
November 2, 2021
jordan, NY John Bouck, owner of Bouck Real Estate has sold the former Wheeler’s Farm & Home Store. The commercial building includes 8,000 s/f, on
Empire Commercial Construction nears completion of Elite Dental Spa with Greater Living Architecture...
November 2, 2021
Victor, NY Empire Commercial Construction was awarded the construction contract for the interior build-out of Elite Dental Spa. Empire teamed with
GreyHill Group acquires 55,000 s/f Cannon Building for $4.05 million
November 2, 2021
Troy, NY GreyHill Group has acquired the five-story, 55,000 s/f Cannon Building in downtown for $4.05 million.
KeyBank provides $18.7 million capital for affordable housing
November 2, 2021
Cohoes, NY Key Community Development Corp. (KCDC) is investing $8.3 million of 9% low-income housing tax credit equity and KeyBank is providing $10.4 million in
Square Mile Capital originates $47.2 million loan for CREM Capital acquisition
November 2, 2021
Syracuse, NY Square Mile Capital Management LLC (Square Mile Capital) closed a $47.2 million loan for CREM Capital’s acquisition of 505 on Walnut,
Hempstead IDA gives preliminary approval to 201-unit project in Lynbrook
November 2, 2021
Lynbrook, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has given preliminary approval to a package of
Commercial Classroom: Land – To sell or land lease - by Ed Smith
November 2, 2021
The value of land generally increases over the long term. Your client, who purchased an acre of commercial land 20 years ago for $50,000, wants to sell it.
Moritt Hock & Hamroff funds Hofstra Law School’s Freedman Institute Social Justice Fellows Program...
November 2, 2021
Garden City, NY Ten first-year Hofstra Law students have joined the Monroe H. Freedman Institute for the Study of Legal Ethics as Social Justice Fellows for
Colliers secures two new tenants at Samanea New York: 7,630 s/f total
November 2, 2021
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., has signed two new tenants.