The commercial real estate industry is in uncharted waters due to the impact of the COVID-19 pandemic. The economic impact of this pandemic will potentially be felt for some time. That being said, while the recent IRS guidance regarding the extension of the 1031 exchange deadlines is appreciated, and provides some benefits, the unclear guidance leaves much to be desired by
Suffern, NY Over 550 local high school students met with trade-industry experts to engage in skill-building activities and learn about job opportunities in the region at the annual Hudson Valley Construction Career Day. Students from across
Flushing, NY Tempco Glass Fabrication, a growing regional NY-area glass processing firm, continues to receive industry recognition for its growth since opening in 2013. In its March issue, national trade publication Glass Magazine included
New York, NY According to Transel Elevator & Electric, Inc., d/b/a TEI Group, Analogue Holdings Limited, a leading electrical and mechanical engineering service provider in Hong Kong with operations in Macau and mainland China, has acquired
New York, NY SGA, a Boston and New York City-based architecture, interior design, planning, branded environments and virtual design construction practice, has been selected by Thor Equities Group to
Raleigh, NC The International Institute of Building Enclosure Consultants (IIBEC) conducted their first-ever “virtual” Annual Meeting of the Members on March 30th. The organization has been holding this meeting
Albany, NY The Egg, the performing arts center in the city’s historic Empire State Plaza, was named “Project of the Year” by Kemper System America, Inc. for a
New York, NY Lawless + Mangione Architects and Engineers is enhancing L+M Structural with the hiring of Syed Shoaib, PE as the head of the firm’s structural engineering division.
New York, NY According to SolarKal, the NJ Board of Public Utilities will close the state’s SREC Registration Program effective April 30th. The SREC program is scheduled to close once 5.1% of electricity sold in NJ is generated
In my previous article in this series, I introduced the concepts of the WELL and Fitwel building standards, through ideas shared by Sustainable Investment Group (SIG)’s Asa Posner, Advantage Sport & Fitness’ business development manager
Manhattan, NY Vista Skywall Systems handled all the fenestration and related façade metal work at the newly constructed Renaissance NY Chelsea Hotel at 112 West 25th St. including
New York, NY According to Talisen, Michael Perinchief has joined as director of pre-construction. Perinchief joins the team with nearly two decades of experience purchasing and estimating multi-million-dollar commercial construction projects.
New York, NY The New York State Energy Research and Development Authority (NYSERDA) has been recognized with the 2020 Energy Star Partner of the Year – Sustained Excellence Award. NYSERDA’s accomplishments are being recognized
Following governor Cuomo’s order and the Empire State Development (ESD) guidance on March 27th, 2020, which provided that all “non-essential construction” except “emergency construction” must shut down, this week the
Manhattan, NY According to Related Companies, Oxford Properties Group, NYC & Company, KPF and Rockwell Group, Edge, the Western Hemisphere’s highest outdoor sky deck, is officially completed. The new public space will offer 360 degree views of the NYC skyline.
Manhattan, NY Birch Coffee, a coffee shop that was founded in 2009 and now operates 14 locations throughout the city, has signed two new leases. Winick Realty Group director Michael Shkreli represented the brand in both lease negotiations.
Linden, NJ Cypress Equities has secured a $90 million construction loan from an insurance company to develop the 157,000 s/f second phase of its Walmart-anchored Legacy Square shopping center. Phase 2 at the 47-acre site is under
Manhattan, NY CBRE completed a retail lease transaction at the newly renovated 1165 Broadway. Joe & the Juice, an international chain of juice bars and coffee shops, inked an 858 s/f lease on the ground floor of the office property