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TerraCRG facilitates sale of two properties: $5.082 million total
April 7, 2020
Brooklyn, NY TerraCRG, one of the borough’s leading commercial real estate brokerage firms, has completed the following: The firm closed the sale of a
Campanella gives lecture on Skyscraper Museum
April 7, 2020
Manhattan, NY Thomas Campanella, author of “Brooklyn: The Once and Future City,” celebrates after his lively lecture on The Skyscraper Museum in lower Manhattan with director Carol Willis. The book covers the history of Brooklyn,
CREW NY hosts Powerful Women Entrepreneurs lunch
April 7, 2020
New York, NY Entrepreneurship provides an opportunity to achieve economic security for anyone, but it’s especially true for women who have traditionally experienced wage and prospect gaps in the workforce. Real estate, even though historically
Zaken, Cregan, O’Hara, Balsamo, and Jeudy join JAACRES; firm secures exclusive listings
April 7, 2020
New York, NY Under the leadership of Joseph Aquino, JAACRES has expanded its team of real estate professionals and become a leader in the commercial real estate industry. Joining the firm are
Find the silver lining – It’s out there - by Melissa Billig
April 6, 2020
By now, your inbox has been inundated with COVID-19 updates. Many friends, clients and businesses have been impacted by this pandemic, which has created an extremely challenging business environment. Every industry and every company has been affected.
Dansker of Marcus & Millichap sells Tribeca walk-up for $9.25 million
April 7, 2020
Manhattan, NY According to John Krueger, regional manager and VP of Marcus & Millichap’s local office, the firm has completed the sale of 36 Walker St. for $9.25 million.
Durst Org. secures two leases totaling 26,904 s/f
April 7, 2020
Manhattan, NY According to the Durst Organization, R3 LLC has signed a 10-year lease for 17,246 s/f at 1155 Avenue of the Americas. Additionally, Check Point Software Technologies, Inc. signed a five-year lease at the property for 9,663 s/f.
Cooper Horowitz holds 55th annual reception
April 7, 2020
New York, NY Cooper Horowitz celebrated its 55th annual reception at Brasserie 8 1/2. The event was attended by over 1,000 borrowers and lenders from across the country.
Kimco Realty pilots Tenant Assistance Program (TAP) to help small businesses apply for COVID-19 reli...
April 6, 2020
Jericho, NY Kimco Realty Corp. is piloting a Tenant Assistance Program (TAP), complimentary to tenants, to assist them in identifying and applying for applicable federal and state loans to help their businesses survive the financial impact of the
Mavashev of Alpha Realty brokers MLK portfolio – $22.2 million
April 7, 2020
Newark, NJ Alpha Realty brokered the sale of a 255-unit multifamily portfolio consisting of eight buildings totaling 251,000 s/f.
Triforce Commercial handles four deals in Rockland County
April 7, 2020
West Nyack, NY Triforce Commercial Real Estate LLC completed the following transactions:
Regarding Coronavirus and 1031 exchange replacement property contracts - by Pamela Michaels
April 7, 2020
Our worlds everywhere, but especially in New York City and the Northeast, have been turned upside down by the Coronavirus. Contracts are being renegotiated and terminated and force majeure clauses are being examined by legal counsel under a microscope. In some cases,
Question of the Month: How can organizations drive a sustainable operation while saving money? - by ...
April 7, 2020
In 2016, Evolution Energy Partners (EEP) saw true value in defining energy usage reductions for our customers and driving net impact to the bottom line through energy efficiency. By doing so, EEP became a full-scale energy management firm offering an end-to-end suite of
Construction Law: What foreign investors don’t know about buying New York real estate - by C. Jaye...
April 7, 2020
When foreigners purchase property in the United States, often condominiums, they are generally focused primarily on the cost of the property, the location and potential appreciation in value as an investment. The United States has traditionally been a good place to
Bestreich Realty Group handles $1.5 million sale of Brooklyn development site
April 7, 2020
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 2911 Albermarle Rd. in the Flatbush neighborhood for $1.5 million. This development site is located between Rogers and Nostrand Aves. The property offers
JLL Capital Markets closes two sales totaling $110 million
April 7, 2020
New York, NY According to JLL Capital Markets, the firm has closed two sales, totaling $110 million: JLL closed the $61.5 million sale of a development site at 29 Jay St. in the Dumbo neighborhood of Brooklyn, for the Forman Group.
Dunne, Neuer, Pride, Bardsley, Gavin and Apfel of CBRE broker $232.5 million sale of 915-unit Patcho...
April 7, 2020
Patchogue, NY The CBRE team of Jeffrey Dunne, Jeremy Neuer, Gene Pride, Steven Bardsley, David Gavin and Eric Apfel completed the sale of La Bonne Vie, a 915-apartment community in Patchogue, N.Y. for a total consideration of $232.5 million
Special Report from Marcus & Millichap: Federal Reserve - by Steve Hovland and John Chang
April 6, 2020
Federal Reserve pulls all the levers to bridge U.S. economy through a global pandemic. The Federal Open Market Committee (FOMC) unleashed its broad and sizable arsenal this week, highlighting the impact COVID-19 will have on the national economy and
Mazars USA develops and launches Paycheck Protection Program "PPP" analysis tool for small businesse...
April 6, 2020
New York, NY According to Mazars USA LLP, it has launched a tool to help small businesses calculate the amount they are eligible to receive from the Paycheck Protection Program (PPP). This tool is available for small businesses, CFOs, and accounting firms to help them navigate the
Q & A with Goldman Copeland's president and CEO, Charles Copeland - by Matthew O'Shaughnessy
April 7, 2020
With a highly impressive resume of working with some of the most prominent companies, including 1 Dag Hammarskjold Plaza, Metro North Railroad, Omnicom Group, Ruben Companies,