Search
Story results for:
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.
Hunt Real Estate Capital provides $192.2 million for 1,321-unit portfolio; Sponsor is a joint ventur...
August 20, 2019
New York, NY Hunt Real Estate Capital has provided $192.2 million in financing to facilitate the acquisition and rehabilitation of a multifamily portfolio located in NYC. The loans are 30-month and 36-month...
HKS closes four loans totaling $35.95 million
August 20, 2019
New York, NY HKS Real Estate Advisors, a leading New York based financial advisory and investment sales real estate firm closed the following four loans totaling $35.95 million: A $20 million, 10-year full term interest-only...
GCP Capital Group arranges nine mortgages totaling $134.95 million; Includes $50 million for an 18-s...
August 20, 2019
New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $134.95 million for the following nine properties: $50 million for a recently renovated 18-story first class apartment/hotel property with...
Marx Realty secures $140 million loan for 10 Grand Central; provided by MetLife and arranged by Cush...
August 20, 2019
Manhattan, NY Marx Realty (MNPP), a New York-based owner, developer and manager of office, retail and multifamily property across the U.S., has secured a $140 million loan to refinance its 10 Grand Central...
Price and Geldmacher of Berkadia complete $104.27 million in financing
August 20, 2019
Bronx, NY Berkadia has completed $104.27 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility located on 3155 Grace Ave.
A short primer for U.S. companies on commercial office leasing in India - by Edward Goodman
August 20, 2019
A U.S. company setting up its business in a foreign country potentially faces many challenges, including significant cultural differences, a lack of familiarity with the legal system and available tax benefits and, in general, learning what is required to
Could New York’s new rent control laws only benefit existing tenants? - by Jonathan Lewis
August 20, 2019
There’s really no better current example of the rippling unintended consequences that result when well-meaning legislators try to fix a societal problem without considering all the potential fallout than the recent radical revision of New York’s rent control laws. Although
Commercial market report: U.S. overall and Westchester County persevere
August 20, 2019
Rye Brook, NY According to a report released from Houlihan Lawrence, the U.S. economy continues expanding more than 2% per year, while the global economy is further softening and trade disputes
Safe harbor guidance on special 1031 exchanges: How to get 360 days to complete the deal - by Pamela...
August 20, 2019
In the Northeast there are many investors with substantial nationwide real estate portfolios. These investors are often buying and selling one or more significant assets. REITs are a good example of such an investor but there are many others. At times, the
Did that just happen? Rent regulations in New York City - by Baruch Edelkopf and Evan Kaminer
August 20, 2019
As the June 15th deadline loomed, the real estate industry awoke June 12th to an early surprise—more anti-business regulations in New York. Tenant groups are declaring victory over the industry, though these laws will prove to be inherently anti-tenant. The
Architectural design, code enforcement, and construction trends in New York City for fall 2019 - by ...
August 20, 2019
I have just completed a “major alteration” in Richmond Hill, Queens and have encountered quite a few “trend-setting” changes in architectural design, code enforcement, and construction. The Building Department approval and permitting process was more