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Anchin hosts Future Forward 2020: What’s Next for NY Real Estate and Construction
February 18, 2020
Manhattan, NY Anchin hosted its 6th annual industry-leading forum, Future Forward 2020: What’s Next for New York Real Estate and Construction, on February 4th at the Sheraton New York Times Sq. Hotel.
TerraCRG leases 900 s/f to Beer Witch in Park Slope
February 18, 2020
Brooklyn, NY TerraCRG has completed a long-term commercial lease with Beer Witch, a women-owned and operated craft beer store and bar at 460 Bergen St.
Long Island Real Estate Group names Brennan and Cronin as co-presidents
February 18, 2020
Westbury, NY The Executive Board of the Long Island Real Estate Group (LIREG) has elected Alison Brennan and Sean Cronin as co-presidents.
Zegans and Skulnik of RIPCO, with CBRE’s Yunis and Stanford lease 821 s/f
February 18, 2020
Manhattan, NY According to RIPCO Real Estate, Chaps & Co, one of the premier men’s grooming experts in the United Arab Emirates (UAE), has
NKF and SCG Retail arrange 10-year lease for 4,050 s/f Taco Bell Cantina in Times Sq.
February 18, 2020
Manhattan, NY Newmark Knight Frank (NKF) and SCG Retail, the urban division of TSCG, have secured a 10-year lease for Taco Bell Cantina at The
Katz and Sher of Katz & Associates represent Warby Parker in third Brooklyn location
February 18, 2020
Brooklyn, NY Warby Parker continues expansion in the borough with a new location on Flatbush Ave. in Park Slope. This is the third area location and the second
59th St. is New York City’s new High St. for fashion - by Joseph Aquino
February 18, 2020
A generation ago, if you thought of 59th St., you probably thought “traffic.” A mental picture would come to mind of an impossibly time-consuming
CBRE arranges $1.2 million sale of 8,500 s/f Centennial Hall
February 18, 2020
Floral Park, NY CBRE negotiated the $1.2 million sale of Centennial Hall, a 8,500 s/f social hall located at 29 Tulip Ave. Built in 1925, the building once served as a Masonic Temple and is one of
47,000 s/f signed at One World Trade Ctr.
February 18, 2020
New York, NY According to The Durst Organization and The Port Authority of New York and New Jersey, DADA Holdings LLC has signed a five-year lease for 4,786 s/f on the 71st floor of One World Trade Center.
Norman Bobrow & Co. leases 10,156 s/f at 15 West 37th St.
February 18, 2020
New York, NY E4H Architecture, a national leading health care architecture/design firm which designs hospitals, medical centers, laboratories and other medical health facilities across the country has expanded its
Turnbridge Equities acquires 240,000 s/f dist. center for $23.5 million
February 18, 2020
West Nyack, NY In an off-market transaction, Turnbridge Equities has purchased a 240,000 s/f distribution and office center at 250 West Nyack Rd., about 20 miles north of New York City, in Rockland County.
Fisher Bros. signs 19,871 s/f extension with Katsky Korins at 605 Third Ave.
February 18, 2020
New York, NY Fisher Brothers finalized a lease extension with Katsky Korins LLP at 605 Third Ave., its 1.1 million s/f office tower in Midtown Manhattan. The extension, which encompasses 19,871 s/f across the entire 17th floor,
CPC Mtge. close $9m Freddie Mac financing
February 18, 2020
New Rochelle, NY CPC Mortgage Company LLC, a subsidiary of The Community Preservation Corp. (CPC), Palladium Management, and Westhab closed a $9 million Freddie Mac Optigo Targeted Affordable Housing (TAH) loan to refinance
Cash flows as high as 8% and credit tenants – Should you consider NNN properties for your exchange...
February 18, 2020
For over 10 years now it’s been extremely fruitful to be a real estate investor. As those of us in the business know, 1031 exchanges can be especially beneficial
Axxis Real Estate arranges $2.1 million sale of 3,000 s/f former diner
February 18, 2020
Brooklyn, NY A Bay Ridge building that formerly was home to the Lighthouse Diner has been sold to a local investor for $2.1 million, according to Axxis Real Estate LLC, which arranged the transaction.
An attorney discusses gearing up for capital improvement projects - by C. Jaye Berger
February 18, 2020
Capital Improvements, by their nature, are the bigger repair projects needed on buildings, which are the most expensive and time consuming to complete. Local Law 11
Bestreich Realty Group closes three sales totaling $3.445 million
February 18, 2020
Brooklyn, NY Bestreich Realty Group (BRG) has closed the following transactions: 732 Greene Ave. in the Bedford-Stuyvesant neighborhood sold for $1.65 million. The property is built 21.33 ft. x 65 ft., with 5,548 s/f. It sits on a
Proper treatment of deduction for self-employed health insurance as it relates to partnerships - by...
February 18, 2020
For many tax practitioners, the 2019 tax season was a compliance nightmare. The new rules about the deduction for Qualified Business Income (QBI), the new limitations on the
S3 Capital Partners provides $50m loan to Loketch Group and Meral Property Group
February 18, 2020
Brooklyn, NY S3 Capital Partners LP, a private lending platform, has provided a $50 million loan to the Loketch Group and Meral Property Group for the
Lisser and Lechtman of Marcus & Millichap Capital secures $10.5m
February 18, 2020
Manhattan, NY Marcus & Millichap Capital Corp. has arranged $10.5 million in financing for the 41-story, one million s/f office condominium located at 633 Third