New York, NY Suffolk, one of the most innovative contractors in the country, unveiled a diversification strategy focused on leveraging its core competency of construction and expanding into additional
New Rochelle, NY JLL Project and Development Services has completed the $38 million construction of Iona College’s new LaPenta School of Business. The 68,000 s/f facility is home to the college’s business school.
Queens, NY E-J Electric Installation Co. has installed one of the country’s largest pre-fabricated traction power substations in Long Island City. The pre-fabricated structure spans over 250 ft. in length.
Brooklyn, NY Shawmut Design and Construction completed The Wing Williamsburg at 71 N 7th St., a network of work and community spaces designed for women. Officially open on February 14th, the new location will be an expansion of the
Syracuse, NY Bart Feinberg of Sutton Real Estate Company brokered the $650,000 sale of the Cab Fab building. The buyer was Richard Gianforti, Jr. and the seller of the
New York, NY The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, named three additions to its senior leadership team. Sandhya Espitia has been promoted to
With the recent appearance and rapid spread of the Coronavirus (COVID-19) globally, a potentially fatal respiratory illness, it’s time to prepare and train construction firms and workers to fortify job sites not only to protect themselves against the virus but the general public as well.
New York, NY Meridian Investment Sales has been hired exclusively to market for sale The Starr Ave. assemblage, a seven-parcel commercial property at 35-09 Starr Ave., 52-29 35th St.
New York, NY Amit Doshi, Shallini Mehra and Jonathan Shainberg of Meridian Investment Sales closed of a three-building 190-unit portfolio in Brooklyn. This 100% rent stabilized portfolio
New York, NY On Feb. 25, the Fordham Real Estate Institute (REI) hosted a room filled to the brim with some of the leading minds in real estate to discuss the latest trends
Depew, NY The Upstate New York NAIOP Chapter held its Annual Awards Dinner on January 23th at Salvatore’s Italian Garden. 200 professionals attended the event, which celebrated some of the best projects in the region by its members
Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (NYSCAR) has named its 2020 officers. Virginia Squire of Hanna Commercial Real Estate will serve as president
Rochester, NY Chris Stevens has been named sales manger of the local office of Premium Mortgage Corp. Stevens will be responsible for managing current sales operations and overseeing the development of sales programs, offering customer care services,
The NYSCAR Board met on February 12th, 2020 at the Desmond Hotel and Conference Center in Albany. Congratulations to Gordon Furlani (CBRE-Albany) who was named the 2019 NYSCAR Realtor of the Year. Furlani is a founding member of NYSCAR and serves as a
Yonkers, NY The Community Preservation Corporation (CPC) has closed the first two projects under the state’s new Small Building Participation Loan Program (PLP). The financing package will provide the owners of small properties in
In the last decade electric vehicle (EV) registration in New York State has been increasing, causing a demand for EV charging stations in commercial and residential developments. Equipping developers and property managers with information on this emerging technology,
So, you are thinking about selling your multifamily investment property. The value of your asset will be determined by the income stream that it produces, what is called, its Net Operating Income (NOI).