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Buckingham Properties and Butler/Till partner in Rochester mixed-use development – 106,000 s/f
February 4, 2020
Rochester, NY Buckingham Properties and Butler/Till are partnering for a new mixed-use development downtown. Located at 260 East Broad St., Buckingham will develop a new five-story, 106,000 s/f mixed-use building
KeyBank CDLI places $17.5 million for Beacon Communities Development
February 4, 2020
strong>New Hartford, NY KeyBank Community Development Lending and Investment (CDLI) arranged $17.5 million for Boston-based Beacon Communities Development, LLC to redevelop a senior housing property. Beacon is a private real
How much money can a cost segregation study save for you? Part Four - by Christie Ellis
February 4, 2020
There is only one key question that remains: How much money could a cost segregation study save for you? Let’s consider a few studies and then summarize what we’ve learned together over the last three articles
Question of the Month: What does NY’s new climate change law mean for owners, how do they leverage...
February 4, 2020
New York State enacted the Climate Leadership and Community Protection Act (CLCPA) on July 18, 2019. This law codifies that NYS must reduce its greenhouse gas emissions by 85% over 1990 levels by 2050. The law affects every sector of the
Finiki of Largo secures $10m financing for hotel acquisition; Carswell and Phillips of Largo Cap. ar...
February 4, 2020
Buffalo, NY Tim Finiki, vice president of originations at the Largo Group of Cos., secured $10 million in non-recourse financing for the acquisition of a Hampton Inn & Suites. The hotel was acquired while still in the
Heine brokers three apartment complexes in 1031 exchange on behalf of CCS MGT LLC
February 4, 2020
Amherst, NY On behalf of CCS MGT LLC, Brian Heine has completed a 1031 tax-deffered exchange involving three apartment complexes. Heine brokered the sale of
Cushman & Wakefield | Pyramid Brokerage Co. negotiates nine sales and leases 36,965 s/f
February 4, 2020
Chester, NY Cushman & Wakefield | Pyramid Brokerage Co. (C&W|Pyramid) handled the following: 24 Elizabeth Dr.: Robert Scherreik, executive managing director with Pyramid’s Hudson Valley office in Newburgh, brokered
BOMA New York hosts January “Lunch & Learn” program
February 4, 2020
New York, NY The first “Lunch & Learn” of 2020 sold out to a room filled with property managers and engineers to listen to a detailed presentation by Fabian Cruz, PE, PLLC, a consultant of Briscoe Protective
ACEC New York Wins ESSAE Association Excellence Award
February 4, 2020
Albany, NY According to the American Council of Engineering Cos. of New York, (ACEC New York) the association has won the Empire State Society of Association Executives (ESSAE) 2019 Association Excellence Award for Meetings & Expositions
New York Chapter of IREM: Save the date for upcoming events
February 4, 2020
New York, NY For those of you who live in and/or work in Westchester, we’re coming to see you! Please join us for a pint of your favorite IPA (or any other adult beverage) on Thursday, February 6th at
Professional Women in Construction kicks off 40th year with exclusive event at Corkbuzz wine bar on ...
February 4, 2020
New York, NY Professional Women in Construction (PWC) will be kicking off 2020 and celebrating its 40th year with an exclusive members-only event on February 19th, held at Corkbuzz. PWC is proud to be
New York City’s Local Law 87: More than a path to compliance - by David Sachs
February 4, 2020
The “Greener, Greater Buildings Plan” is designed to increase the energy efficiency of New York City’s large buildings. With its creation came new regulations to help building owners reduce their energy and water
FDNY mandates “Close the Door” signs that will save lives – Compliance deadline is April 30th ...
February 4, 2020
Fire commissioner Daniel Nigro is urging all New Yorkers to close the door when escaping a fire; following two serious fires in Brooklyn and Manhattan in the past two weeks that have injured 27 people.
Property of the Month: CTA Architects completes $2.8m historic façade restoration at 111 Hicks St.,...
February 4, 2020
Brooklyn, NY CTA Architects has completed an extensive exterior restoration of the historic, 30-story St. George Tower & Grill co-op residence at 111 Hicks St. in the Brooklyn Heights Historic District. “The restoration of the 111 Hicks St. façade was an
Avoiding Local Law 97 carbon tax fines and immediate steps for existing building owners - by Michae...
February 4, 2020
Local Law 97, also known as the Climate Mobilization Act, established a first of its kind “carbon tax” on the Greenhouse Gas Emissions of all buildings larger than 25,000 s/f in New York City. As awareness of this tax
What to expect in the year ahead: Trends come and go, solid engineering principles must remain - by ...
February 4, 2020
Each new year presents an opportunity to anticipate the future. As we look to 2020, it is important to remember that while trends come and go, solid engineering principles must remain. At AKF, we call it “Engineering Leadership.” The ability
ROART launch sales at The Benny, 77 Clarkson
February 4, 2020
Brooklyn, NY Sales have launched at The Benny at 77 Clarkson Ave., designed and developed by the architecture firm ROART. Highlighting a contemporary urban lifestyle in the Prospect Lefferts Gardens area near Prospect Park, The Benny is
GBT Real Estate LLC begins sales for Eleven28 condo building; Modern Spaces is handling marketing
February 4, 2020
Queens, NY According to developer GBT Real Estate LLC, sales have officially launched for Eleven28, a new, six-story condominium, adding one- to three-bedroom units to the Long Island City neighborhood.
Arthur May Redevelopment moves forward with mixed-use project; PAZ MGmt. affiliate to build 187 unit...
February 4, 2020
Poughkeepsie, NY Moving forward with a development that will transform Arlington Town Center, Arthur May Redevelopment, LLC, (AMR) an affiliate of locally-based PAZ Management, Inc., will redevelop the former Arthur May Elementary
Olayan Group unveils Club Level amenities at 550 Madison Ave. with partners RXR and Chelsfield; AECO...
February 4, 2020
Manhattan, NY The Olayan Group released plans for an amenity floor at 550 Madison, an office tower formerly known as the AT&T Building and Sony Building. The plans were created by architecture and design firm Rockwell Group.