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Wilder Balter Partners break ground for $50.8 million development in Peekskill: 645 Main
October 6, 2020
Peekskill, NY On September 9th, 645 Main, a new $50.8 million mixed income residential development by Wilder Balter Partners, officially broke ground, supporting the city’s commitment to future growth and the redevelopment of its downtown. Joining Bill Balter, president, Wilder Balter Partners
Kalikow Group, WRS Associates and The Ishay Group begin leasing at The Sidney
October 6, 2020
Brooklyn, NY According to The Kalikow Group, leasing activities have commenced at The Sidney, a new, 68-unit, residential building located at 2415 Church Ave. in the Prospect Lefferts
TANKHOUSE tops out 450 Warren with SO–IL
October 6, 2020
Brooklyn, NY According to developer TANKHOUSE, 450 Warren, an 18-residence condominium between Bond and Nevins Sts. in Gowanus has officially topped out at five stories and 55 ft. 450 Warren is the first
SL Green celebrates opening of One Vanderbilt Ave., 1,401-ft. tower with partners Hines and National...
October 6, 2020
Manhattan, NY SL Green Realty Corp., one of the city’s largest office landlords, along with its partners Hines and National Pension Service of Korea, marked the opening of One Vanderbilt Ave., a skyline-defining tower in East Midtown. SL Green leadership was joined at a ribbon-cutting ceremony by
Asset Preservation to offer webinar series for attorneys, CPAs and all real estate professionals
October 3, 2020
Asset Preservation, Inc. is again offering a series of webinars for attorneys, CPAs and all real estate professionals. The free webinars will take place during the month of October, and will cover 1031 principles, parking arrangements,
Topaz Capital Group refinances Topaz Villas JAX with JV partner Lynd Cos.; financing by Arbor
September 22, 2020
Jacksonville, FL New York City-based Topaz Capital Group LLC, and JV partner, Lynd Cos. have completed the refinancing of Topaz Villas JAX, located at 5327 Timuquana Rd. on Wednesday, Sept. 15th.
Topaz Capital Group acquires 216-unit multifamily property
September 25, 2020
Jacksonville, FL New York City-based Topaz Capital Group LLC has acquired its third multifamily property in the area with the closing of the 216-unit Planters Walk Apartments in Duclay submarket. The deal was brokered in an off-market transaction by
Statement by REBNY president Whelan regarding the withdrawal of the Industry City’s rezoning appli...
September 23, 2020
Brooklyn, NY The developers of Industry City withdrew their application to rezone a development site, which will result in nearly 20,000 good-paying jobs at a time when 400,000 New Yorkers have lost their jobs due to the ongoing Coronavirus (COVID-19) pandemic. Real Estate Board of New York (REBNY) president James Whelan issued the following statement
Hildreth Real Estate Advisors acquires 11,000 s/f self-storage property and business on Long Island
September 23, 2020
Lindenhurst, NY Hildreth Real Estate Advisors purchased a longtime storage facility building downtown that the real estate company plans to rebrand and open under a new name and new management. The 11,000 s/f, three-story building “All Storage Enterprise” at
September Spotlight: What's Trending
September 22, 2020
New York, NY The New York Real Estate Journal (NYREJ) published its monthly spotlight. September's issue is titled What's Trending. Hear from
Long Island commercial real estate tax forecast - by Douglas Atkins and Robert Renda
September 22, 2020
As Long Island business and property owners continue to grapple with the impact of COVID-19, the coming months will be a bellwether for the commercial real estate market and
Transforming retail centers into mixed-use developments with a multifamily component - by Rick Birdo...
September 22, 2020
Since March, the economic impact of COVID-19 continues to unfold globally. We’ve never experienced a world like 2020 and if one thing’s for certain, the rapid pace at which the
Real estate values and COVID-19 - by John Rynne
September 22, 2020
The recent trends in real estate valuation has been heavily influenced by COVID-19. It’s been five months since the first major lockdown due to the COVID-19 virus which started to
How to exit the real estate merry-go-round in a tax efficient way - by Jordan Toder
September 22, 2020
The prospect of paying tax on long held real estate assets lead many owners to seek a Section 1031 tax free exchange. That solution, and it’s restrictions, have given birth to
Advantages in cash management for real estate - by Anthony Mormile
September 22, 2020
The real estate sector is discovering both promise and challenge in responding to impacts of the COVID-19 Pandemic. As we adjust to concepts such as Zoom showings and brick and mortar properties, shifting to
Product of the Month: Gobii launches a real estate platform to better serve NYC’s real estate comm...
September 22, 2020
New York, NY During these tough times for the real estate industry, Gobii launched a revolutionary real estate platform that seeks to empower agents by incorporating the most sophisticated tools in the market.
Why storage space in residential buildings has become such a sought-after amenity - by Joshua Goldma...
September 22, 2020
Although the trend of college students moving back home with their parents has been on the rise, that trend has definitely exploded since early March 2020 when the pandemic mandated a
Why multifamily garden style vs. high rise during COVID-19? - by Marc Hershberg, Jared Isaac and Bri...
September 22, 2020
Since the onset of the COVID-19, residents of cities have begun to move outwards from urban cores to surrounding suburban areas for two primary reasons. First,
Challenges, trends & opportunities for CRE beyond COVID-19 - by Vikash Jha
September 22, 2020
COVID-19 has posed unprecedented challenges to all aspects of our lives and across every industry, but the commercial real estate (CRE) industry definitely is among the hardest hit.
How multifamily communities are engaging renters virtually during COVID-19 - by Eden Chai
September 22, 2020
COVID-19 has significantly impacted the way people rent apartments. Getting in-person tours can be difficult (and prohibited in some states) and