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Reimagining amenities for the future of workplace - by Holly Williamson
August 4, 2020
COVID-19 has fundamentally changed the way we work. Across the country, companies are acting swiftly to safeguard employees and create effective workplace strategies that many of us had never before envisioned.
Breaking Ground celebrates topping off of Betances Residence
August 4, 2020
Bronx, NY Breaking Ground officially topped off its Betances Residence. Designed by COOKFOX Architects, Betances is Breaking Ground’s first Passive House project, and among only a handful of supportive residences in the city to embrace the rigorous energy use standard.
Innovo Property Group launches leasing at The Bridge in Long Island City
August 4, 2020
Queens, NY Innovo Property Group (IPG) has launched leasing at The Bridge, 24-02 49th Ave. in Long Island City. The Bridge offers a
Property owners should prepare for hurricane season - by Nicolas Saenz
August 4, 2020
A global pandemic, unthinkable lockdowns and unimaginable economic impact has made 2020 an infamous year so far, and there is more on the horizon. The 2020 hurricane season, which normally runs from
Simone honored with lifetime achievement award from Boys & Girls Club of Mount Vernon
August 4, 2020
Mount Vernon, NY The Boys & Girls Club of Mount Vernon (BGCMV) presented community and business leader Pat Simone, founder of Simone Development, with a posthumous Lifetime Achievement Award
$13.5 million SUNY New Paltz Engineering Innovation Hub earns LEED Gold certification
August 4, 2020
New Paltz, NY The new Engineering Innovation Hub (EIH) building at the State University of New York (SUNY) at New Paltz has earned a coveted LEED Gold Certification award from the U.S. Green Building Council (USGBC). Urbahn Architects led the design team for
Extell Development Co. begins closings at 483-unit Brooklyn Point,
located above 600,000 s/f Cit...
August 4, 2020
Brooklyn, NY According to Extell Development Co., it has started closings and first move-ins at Brooklyn Point, located above City Point, a 600,000 s/f retail, dining and entertainment complex.
Silber Investment Properties broker three sales totaling $9 million;
Includes $6.675 million de...
August 4, 2020
Brooklyn, NY Working remotely and safely to close deals, Silber Investment Properties closed three sales totaling $9 million
Lincoln Property Co. and CIG Properties secure 760 s/f with Cornerstone Mortgage Group
August 4, 2020
Basking Ridge, NJ According to Michael Taylor, senior vice president of Lincoln Property Co., on behalf of CIG Properties, they have signed another new lease with
Jha of Synzen Ventures joins Principals Direct Group as strategic partner
August 4, 2020
New York, NY According to Steve Kirschner, Vikash Jha, president of Synzen Ventures has joined Principals Direct Group as a strategic partner. Jha is a strategic business advisor with over 20 years of international management consulting experience.Jha advises founder/entrepreneurs, C-suite and
Westchester County IDA approves financial assistance for small businesses and not-for-profits
August 4, 2020
White Plains, NY The Westchester County Industrial Development Agency (IDA) has voted to approve a new program designed to ensure the short-term viability of both small businesses and
Rock the Bricks: Max’s Kansas City/Union Sq. Neighborhood - by Larry Ross
August 4, 2020
Historic Max’s Kansas City opened in 1961 by Mickey Ruskin at 213 Park Ave. South, between 17th and 18th Sts. in the Union Square area of Manhattan.
JAACRES welcomes Benchimol
August 4, 2020
New York, NY Dan Benchimol has joined the JAACRES commercial real estate brokers. He will report to JAACRES president Joseph Aquino.
Bestreich Realty Group sells Bushwick site for $1.475 million
August 4, 2020
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 335 Woodbine St. in the Bushwick neighborhood located between Irving Ave. and Knickerbocker Ave. for
Shawmut develops technology-based COVID-19 safety platform
August 4, 2020
New York, NY Shawmut Design and Construction has developed a COVID-19 safety plan, created in partnership with trade unions, industry peer groups, and other leading firms. The firm has rolled out
Court action unlikely following eviction hold - by Michael Romer and Pierre Debbas
August 4, 2020
Despite residential tenant evictions having been put on hold until August, don’t expect to see a mad rush to housing court come the end of summer. Changes to rent regulation legislation in 2019 led to the burden of finding a new tenant be put on the landlord. Therefore, while a landlord does have the right to
The impact of COVID-19 on cities - by Hugh Kelly
August 4, 2020
Of all the organs in our body, the eye is perhaps the most extraordinary. We consider it our window on the world, but it is so much more than a mere transparent pane of glass. The eye has tremendous powers of accommodation to changes in the world,
BridgeCore Capital funds $16.5 million loan
August 4, 2020
Manhattan, NY BridgeCore Capital funded a $16.5 million non-recourse bridge loan for its client to buy two contiguous buildings containing 72 residential units and ground floor retail in Greenwich Village.
Cushman & Wakefield brokers three sales – $13.7 million total
August 4, 2020
Bronx, NY Cushman & Wakefield (C&W) arranged the following: The sale of 5278 Post Rd., also known as 6301 Broadway, a 121,188 s/f development site in the Riverdale neighborhood. The final sale price was $7.9 million equating to $114 per above grade residential buildable s/f.
Helmsley Spear arranges sublease for Keller WIlliams – 20,000 s/f
August 4, 2020
Manhattan, NY Helmsley Spear, LLC, completed a 20,000 s/f sublease to Keller Williams for the 10th floor of 99 Park Ave. Gould Paper Corp., the current tenant, will continue to occupy 8,718 s/f of the space.