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Quarters, Marvel Architects, and Dweck Equities celebrates opening of 186 North 6th St.
January 19, 2021
Brooklyn, NY Quarters, a leading global co-living operator, celebrated the opening of a new modern co-living home in the city. Located at 186 North 6th St. in
L&L Holding co. and Kohn Pedersen Fox honored for 390 Madison redesign
January 19, 2021
Manhattan, NY L&L Holding Co. and its redevelopment project at 390 Madison Ave. has won another major award from the
COVID in the courts: Trends in pandemic-era commercial real estate litigation - by Courtney Statfeld...
January 19, 2021
Like crises before it, the COVID pandemic brings a wave of novel litigation that will shape industries for years to come. Since the pandemic began, stakeholders across CRE have
The unveiling of the new Moynihan Train Hall - by Joe Aquino
January 19, 2021
The new Moynihan Train Hall, which connects to Penn Station, should provide a tremendous boost to the retail scene in the lower part of Midtown Manhattan. Retailers in and around the
Stimulating a post-pandemic recovery – Converting offices to residential use in NYC - by Daniel Br...
January 19, 2021
It has been recently reported that both gov. Cuomo and mayor De Blasio are reviewing proposals to convert office buildings to residential use in response to high office vacancy and
2021 – Best opportunity to protest your tax assessment - by Peter Blond
January 19, 2021
January is always a busy time of year for a tax certiorari practitioner. The two primary causes for the increased workload: Second half tax bills due in early January
O’Brien & Peters of M.C. O’Brien Inc. lease 24,100 s/f total
January 19, 2021
New York, NY M.C. O’Brien Inc. closed the following leases: 5,000 s/f lease renewal for CAMBA Inc., at 120 Stuyvesant Pl. on Staten Island.
255,000 s/f Moynihan Train Hall opens in Midtown Manhattan – $1.6 billion project
January 19, 2021
Manhattan, NY Governor Andrew Cuomo celebrated the grand opening of Moynihan Train Hall, a 255,000 s/f train hall designed for the 21st century in
Alpha Realty brokers five building portfolio – $25 million
January 19, 2021
Queens, NY Alpha Realty brokered the $25 million sale of a five-building package located in the Far Rockaway section. The portfolio consists of
Concourse Realty Partners handles $2.8 million sale
January 18, 2021
Bronx, NY Concourse Realty Partners completed the sale of 3184 Webster Ave. The sale price was $2.8 million. The subject is an 8,700 s/f auto repair shop with
Fried Frank acts as counsel to Brookfield for $835 million financing
January 19, 2021
New York, NY Fried Frank acted as counsel to Brookfield in connection with its $835 million financing for One New York Plaza. The commercial mortgage-backed security financing was
Nassimian & Goldflam of Highcap sell development site for $13 million
January 19, 2021
Queens, NY Rodney Nassimian, investment sales associate, and Josh Goldflam, co-founder and principal of Highcap Group, have completed the $13 million sale of a development site located at 46-30 21st St. in the Long Island City area.
Racanelli Construction Co. completes 120,000 s/f project in Queens for Piermont Properties
January 19, 2021
Queens, NY Racanelli Construction Company, Inc. completed a mixed-used project on behalf of Piermont Properties, Inc. The 120,000 s/f, eight-story building consists of 131 rental apartments, a 30,000 s/f second floor parking garage, a
Douglaston Development closes $93.5 million construction financing with NYSHCR and NYCHPD
January 19, 2021
Bronx, NY New York State Homes and Community Renewal (NYSHCR), New York City Department of Housing Preservation and Development (NYCHPD) and Douglaston Development closed construction financing for a 188-unit
Transwestern represents Goodwill Industries of Greater NY and Northern NJ Inc. in $14.4 million sale...
January 19, 2021
Queens, NY Transwestern Real Estate Services represented Goodwill Industries of Greater NY and Northern NJ Inc. in the $14.4 million sale of 26-25 Fourth St. in the Astoria neighborhood.
Cushman & Wakefield arranges $116m in acquisition financing; also arranges six transactions–$45.54...
January 19, 2021
New York, NY Cushman & Wakefield arranged $116 million in acquisition financing for the purchase of the leasehold interest in 860 Washington St., a 117,000 s/f office building located in the Meatpacking District.
CREW NY’s ‘DIG This’ Program reaches youth and industry leaders
January 19, 2021
New York, NY CREW New York (CREWNY) concluded its three-session DIG This: CREW Careers Program, a collaboration among CREWNY, CREW Foundation and Nontraditional Employment for Women (NEW). The program focused on
Janover promotes Zingalli, Carrabs and Bader
January 19, 2021
New York, NY Janover LLC, one of the New York region’s leading public accounting firms, has promoted three senior managers, Christopher Zingalli, CPA, Gianluca Carrabs, CPA and Richard Bader, CPA to principal.
Doe Fund names McDonald as exec. vice president
January 19, 2021
New York, NY According to The Doe Fund, John McDonald will increase his responsibilities on the leadership team as executive vice president. A seasoned corporate leader with expertise
Marcus & Millichap leads COVID-related philanthropic initiative, raises $20,000
January 19, 2021
New York, NY According to Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, its recent COVID-19-related charitable