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Rosen joins Nickerson as associate director, PR
March 23, 2021
New York, NY Nickerson, a full-service branding, marketing, and PR and communications agency with team members in Boston, LA, Miami, and NYC, has appointed Allison Rosen as
TRITEC launches brand refresh with renewed commitment to community collaboration
March 23, 2021
East Setauket, NY TRITEC Real Estate Co., a leading provider of mixed-use communities, multifamily housing and commercial real estate solutions in
Daragiu named CFO for Engel Burman’s Construction Division
March 23, 2021
Jericho, NY According to Engel Burman, Daniel Daragiu has joined the company as chief financial officer for the construction division.
Balestra and Wenke named presidents at Taconic Partners
March 23, 2021
New York, NY NYC development company Taconic Partners has made changes in its executive ranks.
Hunt of Hunt Corporate Services elected president of Suffolk County Council, Boy Scouts of America
March 23, 2021
Plainview, NY According to Hunt Corporate Services, Inc., David Hunt was elected president of Suffolk County Council, Boy Scouts of America, along with a slate of 16 other officers during
Gordon and Admiral Real Estate receive 2020 CoStar Power Broker Awards
March 23, 2021
New York, NY According to Admiral Real Estate Services Corp., Jonathan Gordon and Admiral Real Estate Services have both been recognized as CoStar Power Brokers by CoStar Group.
Question of the Month: How can property owners increase resident retention at their properties? - b...
March 23, 2021
It’s easy to put your focus on getting new residents for your property. However, knowing the importance of resident retention is vital if you want to be a successful property manager. By keeping a high resident retention rate, you can
Real Estate Institute at Stony Brook University to host free virtual symposium on April 23rd
March 23, 2021
Stony Brook, NY The Real Estate Institute at Stony Brook University (REI) will host its annual John Kominicki Symposium through a virtual seminar to be held on Friday, April 23rd at 9:00am to 12:00pm online via Zoom Conferencing.
Dayan and Weiss of Resolution Real Estate Partners broker three leases
March 23, 2021
Manhattan, NY Within the first two months of 2021, three new tenants have signed leases at Brause Realty Inc.’s 320 Fifth Ave. The three new businesses joining the tenant roster at the office and showroom building
Commercial lease clauses for pandemics - by Thomas Kearns
March 23, 2021
A year after the COVID-19 pandemic started, court decisions are virtually universally finding for landlords in COVID related rent disputes assuming a typical commercial lease with no unusual provisions. This should not come as much of a surprise
CREW New York analyzes 2021 economic outlook
March 23, 2021
New York, NY Even though rising COVID-19 cases in the U.S. are making it difficult to envision a return to normal, the increasing vaccine distributions around the country strengthens expectations of economic resilience for the nation as a whole.
Cohen, Winter and Cisarik of Newmark facilitate office lease
March 23, 2021
Manhattan, NY Newmark handled a new office lease for Galileo Health of the penthouse at 166 Crosby St. The penthouse space spans 11,511 s/f on the entire 12th floor of the building and includes a private roof deck.
Island Associates brokers four leases totaling 4,300 s/f
March 23, 2021
West Babylon NY Island Associates (IA) competed the following: IA leased 1,300 s/f at the shopping center located at 369 Little East Neck Rd. to Go Spa. The tenant
Arbor funds $18.2 million loan; financing originated by Fiesel
March 23, 2021
Valley Stream, NY Arbor Realty Trust, Inc. funded a $18.2 million Fannie Mae DUS loan. The Promenade at Central received refinancing through the program, with a 20-year fixed rate.
Carthage Real Estate Advisors building Marcus Garvey Village with Body Lawson Associates Architects ...
March 23, 2021
Manhattan, NY Construction is progressing at Marcus Garvey Village, a 300,000 s/f, 18-story mixed-income, multifamily project with 330 residences at 209 Adam Clayton Powell Blvd. (124th St.). Developed by Harlem-based
Gantry’s Northeast Production Team secures $34.65m in financing
March 23, 2021
Buffalo, NY Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $34.65 million of commercial mortgage finance on behalf of
French and Traver of Marcus & Millichap arrange $8.175 million sale
March 23, 2021
Ellenville, NY Marcus & Millichap completed the sale of ShopRite Plaza, a 56,555/f net-leased property, according to John Krueger, regional manager of
Exec. of the Month: Steve Kirschner, COO of Principals Direct Group is creating value for clients wi...
March 23, 2021
Westbury, NY After decades in the real estate industry as a broker responsible for selling and/or leasing, literally, hundreds of millions of square feet of commercial properties, Steve Kirschner decided to strategically
Law: Sometimes a guaranty is no guarantee at all - by Richard Blumberg and Brenna Strype
March 23, 2021
In direct response to the COVID-19 pandemic, New York City’s City Council passed a local ordinance on May 26, 2020 in an attempt to protect tenants of commercial rental agreements.
Culberson of NAI Platform facilitates $777,500 sale
April 6, 2021
Hudson Falls, NY NAI Platform associate real estate broker Tyler Culberson completed the sale of the former Valmet facility, located at 15-17 Allen St. The property sold for