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TPA 2019 will immediately affect residential and commercial landlords and tenants - by Stephen Lasse...
August 20, 2019
The Housing Stability and Tenant Protection Act of 2019 and Statewide Housing Security Protection Act of 2019 (collectively the TPA 2019) were signed into law by governor Cuomo on June 14th, and all landlords and tenants in New York will be affected by its
What’s trending right now in the office furniture industry? - by Ron Lanzo
August 20, 2019
We’ve seen a lot of trends come and go within the office furniture industry over the years, and this past year, 2019 has been no exception! For some time now, one of the biggest new trends include lower panel heights. They’ve continued to shrink to
Let’s keep a good thing going: Congress urged to save the EB-5 Program - by Debbie Klis
August 20, 2019
The November 21st, 2019 effective date of U.S. Citizenship and Immigration Services (USCIS) new EB-5 program modernization rule is approaching fast. The new rule will increase the minimum investment amount per investor to $900,000 for projects in a
In New York and across the U.S., the age of the smart city is now - by Robert Bianco
August 20, 2019
Recently, a major American newspaper with a worldwide readership published an opinion piece about smart city infrastructure written by a professor of civil engineering. In short, the engineer’s perspective was that smart cities will be expensive, “exceedingly complex to
Considering a ground lease? Consider these questions when vetting prospective ground tenants - by Ro...
August 20, 2019
In today’s real estate market, creativity is required for a deal to make sense for all parties involved. One example of this creativity is to ground lease a property instead of the conventional sale. Although ground leases are not a new concept, many people are not familiar
Give Broome County a look, so you too can #thrivenow through economic development - by Stacey Duncan...
August 20, 2019
Successful economic development is more than just an idea for a start-up. It’s more than the desire to revitalize a downtown area, or the countless contracts, permits, and applications that go into seeing a project from start to finish. While these are all components to
Daniel Gale Sotheby’s International Realty takes a “Ninja Selling” approach to real estate
August 20, 2019
Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty, (Sotheby’s) one of the nation’s leading realtors, is sold on the “Ninja Selling” approach to
Gotta have art! The new plus in design A+D - by Cindy Farkas Glanzrock
August 20, 2019
Art and architecture are no longer considered to be independent of one another or optional for a developer. Visionary developers now bring architects and artists together early in the design process rather than using art as a decorative afterthought. Art creates value in
Across the U.S., commercial real estate financing opportunities are abound as rates head lower - by ...
August 20, 2019
The U.S. economy is in its 10th year of expansion, the longest in history, but its pace has decelerated in recent months due to slowing global growth and the impact of tariffs. For the Federal Reserve, these developments have been a bane, but they are a boon for
Whose land is it? The 2008 Amendments to adverse possession law - by Justin Rostoff
August 20, 2019
“Adverse possession:” The principle of acquiring legal ownership to land that is owned by another. This is an extremely powerful tool that literally changes landscape of property in every state, city, and borough, ranging in all uses from industrial to residential;
August Spotlight: What's Trending in today's commercial real estate market?
August 20, 2019
New York, NY The New York Real Estate Journal has published its monthly spotlight, What's Trending, on August 20th. This spotlight sheds light on some of the current trending ideas and issues as they pertain to the commercial real estate industry.
LSL Advisors closes five leases totaling 22,055 s/f
August 20, 2019
New York, NY According to LSL Advisors, the firm closed the following:
Brokers Joel Kubie and Daniel Lolai of LSL Advisors represented the tenant, MiddleGround Capital, in their
Wason Associates negotiates sale of 168-room hotel
August 20, 2019
Saratoga Springs, NY Wason Associates Hospitality Real Estate Brokerage Group negotiated the sale of the 168-room Holiday Inn located in the historic downtown district along
Racanelli Construction Co. serves as CM for $15.9 million Ronkonkoma Hilton Homewood Suites Hotel
August 20, 2019
Ronkonkoma, NY Racanelli Construction Co., Inc. served as the construction manager (CM) on a Hilton Homewood Suites Hotel. Serving on behalf of Excel Holdings 6, LLC, Racanelli constructed
The Besen Group rebrands and restructures
August 20, 2019
Manhattan, NY The Besen Group has embarked on a new partnership structure, in conjunction with several new hires to bolster its platform as a full-service, CRE advisory firm. The firm
JRT Realty Group leases 57,846 s/f to The New York Times at Court Sq.
August 20, 2019
Queens, NY According to JRT Realty Group, The New York Times Co. has signed a lease for three full floors at Court Sq. Pl. in Long Island City, encompassing 57,846 rentable s/f. The
Westchester County IDA approves resolution to assign incentives to Toll Bros. for White Plains proje...
August 20, 2019
White Plains, NY The Westchester County Industrial Development Agency (IDA) approved a resolution to assign the rights to financial incentives granted to Saber Chauncey WP, LLC for a $136.2 million mixed-use
Cross County Shopping Center welcomes Mito Asian Fusion, Invicta Watches and Carvel Ice Cream
August 20, 2019
Yonkers, NY The Cross County Shopping Center welcomes three new retailers: Mito Asian Fusion, Invicta Watches and Carvel Ice Cream. Additionally, Bath & Body Works, owned by L Brands, is
NYC Real Estate Expo to be held October 24th
August 20, 2019
Manhattan, NY The 11th Annual New York City Real Estate Expo is set for October 24th, at the New York Hilton Midtown Hotel. The event will feature panel discussions,