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More bitter than sweet: Anti-landlord rent reforms will drive property tax reductions - by David Wi...
August 6, 2019
Property value is in part a function of the law, which places constraints upon a property’s size, use, and permissible operation. Sometimes, the law goes so far as to unabashedly regulate how much income a property can generate. This was never more evident than the firestorm that followed the recent package of sweeping and...
ULI Greenprint Center for Building Performance releases whitepaper and toolkit
August 6, 2019
Washington, DC The Urban Land Institute’s (ULI) Greenprint Center for Building Performance has released a new whitepaper and toolkit on embedding sustainability into real estate transactions. The Greenprint Center is a worldwide alliance of leading real estate owners, investors, and strategic...
Hunt joins OCDM team as general counsel
August 6, 2019
New York, NY According to OC Development Management (OCDM), a New York-based development management firm specializing in turn-key project management and construction management services, the firm has appointed John Hunt as general counsel. Hunt brings 20 years of experience in the design and construction industry to the company.
Gamco Corp. supplies 28 custom skylights for Kasmin; For developer Related Cos. and G.C. IPD Partner...
August 6, 2019
Manhattan, NY Regional fenestration and architectural metals specialty supplier Gamco Corp. fabricated 28 architectural skylights for the new Kasmin art exhibition space at 509 West 27th St. Placed atop openings in the honeycomb ceiling...
Executive of the Month: Wolf, president of Wolf Construction – Leads firm by building the next 100...
August 6, 2019
New York, NY Wolf Construction Corporation is one of New York City’s youngest and most recognizable construction firms/family names in the industry. Gregory Wolf, a 4th generation owner and great grandson of Alexander Wolf leads the firm by building the next 100 years.
Mulrooney joins Zetlin & De Chiara as partner
August 6, 2019
New York, NY According to Zetlin & De Chiara LLP, its newest partner is a former associate who left Big Law for the entrepreneurial culture of its boutique construction law practice. Tara Mulrooney returned to the firm as a partner in the New York office. Mulrooney developed her passion for construction law...
Ingrao-designed residential amenities unveiled at 35 Hudson Yards
August 5, 2019
Manhattan, NY Hudson Yards unveils 22,000 s/f of private residential amenities on the 24th and 6th floors at 35 Hudson Yards, along with new model residences on the 55th and 65th floors. The building features architecture by David Childs and Skidmore, Owings & Merrill; interiors by designer Tony Ingrao; and an array of elevated in-building lifestyle services provided by ...
Procore Technology to acquire Honest Buildings
August 6, 2019
New York, NY Procore Technologies, Inc., a leading provider of construction management software, has entered an agreement to acquire New York-based Honest Buildings, Inc., a leading provider of project management software for owners and developers. This acquisition will allow Procore to create the construction industry's...
ANYCH, CCNY and NYCHPD top out 319-unit 932 Bryant; Designed by Dattner Architects; To be completed...
August 6, 2019
Bronx, NY Dattner Architects joined the Association of New York Catholic Homes (ANYCH), Catholic Charities of New York (CCNY), NYC Department of Housing Preservation & Development (NYCHPD), councilman Rafael Salamanca, and borough president Ruben Diaz, Jr. at a topping out ceremony at1932 Bryant Ave.
Icon Realty tops out Beckford House & Tower projects
August 6, 2019
Manhattan, NY Beckford House and Tower – one of the Upper East Sides’ most anticipated new residential developments is now officially topped out. The buildings were designed by Studio Sofield and SLCE Architects and are being developed by Icon Realty Management.
HealthAlliance gains approval for $92.9 million hospital transformation; Team includes: FCA, Turner,...
August 6, 2019
Kingston, NY After a review of plans to transform healthcare delivery in Ulster County and surrounding Hudson Valley communities, the NYS Department of Health (DOH) has granted full project approval to HealthAlliance of the Hudson Valley (HealthAlliance), a member of the Westchester Medical Center Health Network (WMCHealth), for the expansion and enhancement of its hospital
Voices of Truth to honor Bloch September 25th
August 5, 2019
Jericho, NY Five years ago, Jack Britvan, SIOR, president of Commercial Realty Services of Long Island, set out to educate people about Hate on College Campuses (BDS) and the lack of Holocaust and other genocide education in the public schools. Within a year of creating Voices for Truth and Humanity...
Klapper, Gelbtuch, Berger and Guiffre of CBRE handle $6.2 million sale
August 6, 2019
Inwood, NY CBRE has completed the $6.2 million sale of an industrial property located at 500 Bayview Ave. The 40,000 s/f building was purchased by Northbridge Partners. The CBRE investment properties team of Elli Klapper, Jay Gelbtuch and Charles Berger, along with Ralph Guiffre of brokerage services, represented the seller, Signal Transformer.
Kensington Vanguard National Land Services acquires Legal 1031; Pajonas and Scheriff to oversee Melv...
August 6, 2019
Melville, NY Kensington Vanguard National Land Services (KV), one of the leading title insurance and settlement agencies in the U.S., has acquired Legal 1031 Exchange Services, LLC (Legal 1031), one of the largest independent 1031 exchange service providers in the eastern United States.
BOMA Long Island to hold Summer Social at Verona Restaurant on August 22nd
August 6, 2019
Melville, NY BOMA Long Island will hold “Building Relationships with BOMA” on August 22. Be a part of this year’s Summer Social at Verona Restaurant, 1255 Melville Rd. Attendees will enjoy a night of mingling outdoors, over cocktails and dinner. The event will run from 6 to 10 p.m.
CIBS Long Island endorses Westbury Village rezoning effort; Would create transit-oriented neighborho...
August 6, 2019
Westbury, NY Doug Omstrom, a former president of the Commercial Industrial Brokers Society (CIBS) of Long Island, told a Westbury Village board of trustees hearing that Long Island’s largest commercial brokers group supports the village’s proposed rezoning plan to transform a degraded ...
Commercial Classroom: Modes of communication - by Edward Smith
August 6, 2019
This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practitioners. In real estate being able to communicate with our different clients, all five generations, is essential. Communication starts at the first encounter and quickly leads to negotiations with our potential client and then ends with negotiations for our client.
Silverman joins Keller Williams’ commercial division as associate broker
August 6, 2019
Woodbury, NY Howell Silverman, CIREC, ITI, CREI, has joined Keller Williams’ commercial divison. He is a commercial real estate associate broker in the NYC and Long Island real estate markets. He stays top of mind using up to date market insights to deliver value to his clients. When selling your home or business, he uses real estate, social media...
Racanelli appoints Provetto as executive administrative assistant and Franzone as administrative ass...
August 6, 2019
Melville, NY Racanelli Construction Company, Inc. has appointed Kristine Provetto as an executive administrative assistant and Maria Franzone as an administrative assistant. In this role, Provetto's responsibilities will include broad marketing activities, project management support and customer service. She brings to the role....
EW Howell donates $5,000 to Mentors Giving Voices Across North Babylon
August 6, 2019
North Bablon, NY On June 20th, volunteers from EW Howell’s Benefit for a Friend committee presented the Mentors Giving Voices Across North Babylon program with a donation of $5,000 at their year-end breakfast. The Mentors Across North Babylon connects students and staff to help students strengthen their innate abilities, and discover their maximum potential. Since founding Benefit for a Friend in 2003, EW Howell has sponsored the organization’s golf outing and commits itself to causes on a local level