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JMH and Mettle break ground on 143-unit Long Island City development; Project team: SLCE and Lauren ...
September 3, 2019
Queens, NY Construction is underway at 36-20 Steinway St. in Long Island City, which is being developed as a 158,000 s/f rental building by Jason Halpern’s JMH Development in partnership with Gerard Longo’s Mettle Property Group. The team previously secured a $56 million construction loan...
Enterprise and HPD select three grantees for initiative
September 3, 2019
New York, NY Enterprise Community Partners and the NYC Department of Housing Preservation and Development (HPD) unvield a grant to Brooklyn Workforce Innovations (BWI), The HOPE Program (HOPE), and New York City College of Technology (City Tech) to design a new program through their Housing Career Pathways initiative.
Nortco Development launches sales at Eleven Hancock condominium; Designed by Issac & Stern and Lemay...
September 3, 2019
Manhattan, NY According to Nortco Development, sales have commenced at Eleven Hancock in Harlem, a ground-up condominium located at 11 Hancock Place south of 125th St. near Morningside Park. Designed by Issac & Stern Architects with interiors by Lemay + Escobar, Eleven Hancock features cantilevered...
Forkosh Development tops out Hillrose28
September 3, 2019
Manhattan, NY Forkosh Development has topped out Hillrose28, a contemporary condominium tower rising in the Rose Hill area. Forkosh Development has a 25-year history of working with architects, designers, and artists to create residential developments that are true urban landmarks. Hillrose28
Greene tops out 70-unit residential building
September 3, 2019
Manhattan, NY Developer Jeff Greene has topped out 100 Vandam St. a 330-ft. building designed by COOKFOX Architects in Hudson Square. Members of the COOKFOX design team attended the topping out ceremony on August 13th. The ceremony took place on the 20th floor garden terrace...
START, DelShah Capital and OTL break ground on $100.5 million tower; Project team includes: Titanium...
September 3, 2019
Brooklyn, NY Joint-venture partners START Treatment & Recovery Centers, Delshah Capital and OTL Enterprises have launched the first phase of a $100.5 million construction project for 22 Chapel St.—a residential tower that will contain START's headquarters
JDS, Property Markets Group and Spruce Capital unveil 50,000 retail space at 111 West 57th
August 20, 2019
Manhattan, NY JDS Development Group, Property Markets Group and Spruce Capital Partners have unvield plans for 50,000 s/f of retail space at the base of 111 West 57th St. Steinway Hall...
Abramson and Olden of Buchbinder & Warren complete 1,350 s/f retail lease
August 20, 2019
Manhattan, NY William Abramson, director of brokerage, and Matthew Olden, licensed associate real estate broker, of Buchbinder & Warren Realty Group, LLC have leased a 1,350 s/f retail space to Go Kigali at 345 Bleecker St.
Baker and Galo of Winick lease 4,375 s/f to Planet Fitness in Long Island City
August 20, 2019
Queens, NY Planet Fitness has signed a lease for its first gym in Long Island City. The brand, which has been operating its trademarked “Judgement Free Zone” since 1992, is set to occupy 18,000 s/f at Alta+....
Cushman & Wakefield completes two retail sales totaling $9.625 million; Includes $7.325 million by A...
August 20, 2019
New York, NY Cushman & Wakefield has brokered two retail properties sales totaling $9.625 million. In the first sale, the firm represented ownership in the $7.325 million sale of 280-288 Utica Ave., a 10,800 s/f ...
Meridian Retail brokers two leases - 1,950 s/f total
August 20, 2019
Manhattan, NY Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged two leases totaling 1,950 s/f. The first deal was a long-term lease for Citizens Coffee at 155 Bleecker St...
Maglio, Shuster and Zisholtz of The Faith Consolo Team at Douglas Elliman complete 1,674 s/f retail ...
August 20, 2019
Manhattan, NY Arthur Maglio, Corey Shuster and Diana Zisholtz of The Faith Consolo Team at Douglas Elliman arranged a lease for Carmina at 509 Madison Ave. on the southeast corner of Madison Ave. and 53rd St...
Swig, Simon and Zelner of Helmsley Spear arrange 4,170 s/f retail lease
August 20, 2019
Manhattan, NY According to Kent Swig, president of Helmsley Spear, LLC, the firm has brokered a new retail lease in FiDi, totaling 4,170 s/f at 83 Maiden Ln. with the restaurant and brewery known as MezCali.
Schuster, Berkowitz, Wecker and Heifetz of RKF rep SL Green in 12,040 s/f retail lease; Colliers’ ...
August 20, 2019
Manhattan, NY According to SL Green Realty Corp., Ulta Beauty, Inc. has signed a 12,040 s/f lease at 2 Herald Sq. for a new location. Located on a corner of Herald Sq. at the intersection of Sixth Ave., Broadway...
M&T Bank Q&A: Today’s commercial real estate trends dominate Manhattan’s West Side
August 20, 2019
Commercial real estate is undergoing a shift. New properties are using smart technology like never before, and existing properties need to evolve to be more efficient for both owners and tenants. In New York City, the experts at M&T Bank...
Sec. 199A: A new deduction for QBI from sole proprietorships and passthrough entities - by Sandy Kle...
August 20, 2019
The 2017 tax reform legislation, known as the Tax Cuts and Jobs Act, includes a new deduction for qualified business income (QBI) from sole proprietorships and passthrough entities such as LLCs, partnerships and S Corporation. Sec. 199A
A lawyer discusses co-op and condo renovations: Where to start in the planning process? - by C. Jaye...
August 20, 2019
If you have just had the closing on a new co-op apartment and are planning to renovate, there are many things you will need to take care of before any actual work begins. A lot of this depends on the extent to which you are planning to renovate.
Kazmierski named president of Kaufman Investments
August 20, 2019
New York, NY The Kaufman Org. has appointed Michael Kazmierski as president of Kaufman Investments. Kazmierski, who was previously principal and director of acquisitions, will now lead all real estate investment strategies and...
Lee & Associates NYC partners with SpeakUlyant; for entrepreneur of the year competition
August 20, 2019
New York, NY Lee & Associates NYC has welcomed nine Russian-speaking entrepreneurs to its Midtown East office to pitch their business ideas to a panel of judges. The entrepreneurs are members of...
Trow and Csenzapaura join the Trinity Street Capital Partners team
August 20, 2019
Manhattan, NY Trinity Street Capital Partners (TSCP) has relocated its corporate offices to 80 Broad St. in the Financial District. To fuel demand for their expanding services, TSCP has added two additional people to their team.