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POLSINELLI names Levinson shareholder in Commercial Litigation practice
August 6, 2019
New York, NY According to POLSINELLI, Gabriel Levinson has joined the firm as a shareholder in the firm’s Commercial Litigation practice.
LERA wins Engineer’s Choice Award at 2019 SEAoNY
August 6, 2019
New York, NY LERA Consulting Structural Engineers (LERA) was honored with the Engineer’s/People’s Choice Award at the 2019 SEAoNY Excellence in Structural Engineering
Industrious appoints Echenberg as new CFO
August 6, 2019
New York, NY Industrious has appointed Michael Echenberg as CFO, effective September 3rd.
As CFO, Echenberg will be responsible for leading financial strategy across the organization,
CREW New York honors Nardiello and Boccini at 2019 Members’ Luncheon
August 6, 2019
Manhattan, NY CREW (Commercial Real Estate Women) New York honored some of the most influential women in commercial real estate at its members-only luncheon, where CREWNY leaders announced
GZA GeoEnvironmental named a Big Apple Brownfield Award recipient
August 6, 2019
Bronx, NY GZA GeoEnvironmental, Inc. (GZA), a leading multi-disciplinary firm providing geotechnical, environmental, ecological, water, and construction management services, has been named a
TRYP Hotel by Wyndham development in New Rochelle approved
August 6, 2019
New Rochelle, NY According to the City Planning Board, they have approved the development of a 24-story, 225-key hotel and event center in the city’s downtown. When complete, the
Lerman and Shifer of Meridian Capital Group arrange
$5.7 million financing for three Kew Garden ...
August 1, 2019
Queens, NY Meridian Capital Group has arranged $5.7 million in acquisition financing for three multifamily properties on behalf of MDM Development. The five-year loan, provided by a balance sheet lender, features a rate of 3.88% and two years of interest-only payments followed by...
ABS Partners Real Estate LLC forms joint venture with R.D. Geronimo LTD
August 6, 2019
New York, NY According to ABS Partners Real Estate LLC, it has formed a joint venture with appraisal services firm R.D. Geronimo LTD. The new joint venture, ABS R.D. Geronimo Valuation Services LLC
Doshi, Mehra, and Shainberg of Meridian sell two Bronx multifamily properties for $21 million
August 6, 2019
Bronx, NY Meridian Investment Sales has closed two rent-stabilized assets in the Highbridge neighborhood. This $21 million transaction was spearheaded by Amit Doshi, Shallini Mehra, and Jonathan Shainberg
New York Housing Stability and Protection Act of 2019 - by Robert Dremluk
August 6, 2019
On June 14th, 2019, the New York legislature enacted S.6458, the “Housing Stability and Tenant Protection Act of 2019,” after the bill passed the New York Assembly. This legislation is effective immediately and changes how approximately
Message from the CEO of Bronx-Manhattan North Association of Realtors: New rent laws - by Eliezer Ro...
August 6, 2019
New Rent Laws – What Happens Now?
On Friday, June 14th, 2019, governor Cuomo signed the Housing Stability and Tenant Protection Act of 2019. In subsequent days, changes to the legislation were also signed by
Where does my land end and my neighbors’ begin? - by Greg de Bruin
August 6, 2019
Summer has arrived, which means many of us are gearing up to start our outdoor projects for the year. ‘Tis the season for installing pools, building fences, or perhaps breaking ground on that vacant land you want to improve. However, before these
The Wizard of OZ (that’s “Opportunity Zones”) More from beyond the Hudson - by Dan Flanigan
August 6, 2019
More from beyond the Hudson
Since there appears to be minimal OZ activity in NYC, it might be a good time to check once again1 on what is happening out there beyond the Hudson.
Question of the Month: Are ground lease rent resets deal killers? How to structure rent resets - by ...
August 6, 2019
One of the biggest “deal killers” during ground lease negotiations circles around the issue of whether or not to include a rent reset in the ground lease. In general, rent resets are used to protect the landlord (lessor) from inflation which in turn can increase future
Explanation of why access to 1031 exchange funds is limited - by Pamela Michaels
August 6, 2019
A significant challenge for some investors, especially in New York and New Jersey due to the scarcity of attractive investment property, is ensuring compliance with the requirements of §1031. One requirement is the restriction on the use of exchange proceeds
Restoration of Frank Lloyd Wright’s Martin House completed
August 6, 2019
Buffalo, NY According to governor Andrew Cuomo, the restoration of the Frank Lloyd Wright-designed landscape on the estate of the Darwin Martin House has been completed. The final component
Coaching: A must do LinkedIn trick to get more business - by Rod Santomassimo
August 6, 2019
While we do secure leads, as do our clients, from Facebook and Twitter, LinkedIn has established itself as the leading social networking site for business people. Millions of people go there every day not only to connect with other like-minded professionals but also to
Milvado Property Group buys Syosset properties for $18.7 million
August 6, 2019
Syosset, NY Milvado Property Group has acquired 6801 and 6901 Jericho Tpke. for a combined purchase price of $18.7 million.
The two office buildings, totaling 224,309 s/f, are in Nassau County. The buildings are located at the convergence of
Dagar Group is leasing/managing agent for Heritage Executive Suites; Heritage Fusion Realty is prope...
August 6, 2019
Hopewell Junction, NY Heritage Executive Suites (HES) is a new concept unique to Dutchess County which offers furnished, individual office suites with shared amenities
JLL closes $30.05 million sale for Ten-X; Douglas Development Co. is buyer of 961,800 s/f property
August 6, 2019
Amherst, NY JLL has closed the $30.05 million sale of Boulevard Mall, a 961,800 s/f, super-regional mall within a Qualified Opportunity Zone located at 730 Alberta Dr. An adjacent Wegmans