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Greater N.Y. IREM annual rooftop cocktail party at 230 FIFTH; Event sponsored by Mackel of HD Supply...
July 2, 2019
New York, NY IREM NYC hosted their annual rooftop cocktail party on Wednesday, June 23rd at 230 FIFTH. The event was so popular this year, that it sold out! Though the weather forced them to leave the rooftop views for another day, the crowd had a great time!
3 World Trade Center: Beyond the glass - by Aaron Twersky
July 2, 2019
I was fortunate to be a part of a 20-person building tour of 3WTC, arranged by BOMA NY. Arriving at the WTC Transportation Hub’s Oculus is like entering a new world of urban luxury. The largess is jaw-dropping and equally remarkable is the seamless flow of people.
Con Ed steps up to plate with limited-time offer: Enhanced incentives for C&I qualified buildings - ...
July 2, 2019
Con Ed has stepped up to the plate and is offering, for a limited time period, enhanced incentives (double or triple existing incentives) for buildings that qualify for their C&I program. Buildings in this incentive program include assisted living facilities, hotels, and hospitals, as well as commercial and industrial buildings.
Life insurance liquidity: Critical component of an overall estate/financial plan for real estate ow...
July 2, 2019
Estate tax with an effective rate of taxation approaching 50% in larger estates, causes many real estate families concern. Life insurance is often considered as part of an overall plan to supply liquidity/cash at the inevitable death of an owner. The transfer tax from one generation to another ...
The ecosystem of waste: Together we can open a portal into the circular economy - by Nadine Cino
July 2, 2019
It’s backing up on us…waste that is. China’s decision to ban plastic and e-waste imports has thrown waste and recycling markets into turmoil. “The University of Georgia has estimated that China’s ban on imported recyclables will leave 111 million metric tons of trash...
Defining a Smart Building: The excitement on this market continues to grow - by Nora Swanson
July 2, 2019
The excitement surrounding Smart Buildings continues to grow, but the industry does not currently have a standardized definition of what makes a building “smart” or “intelligent.” At the very least, everyone can agree that a Smart Building should use automated processes to control a facility’s operations.
SWBR names Rebholz and Weber to its board and promotes Wade to associate
July 2, 2019
Rochester, NY According to SWBR, Steven Rebholz, AIA, and Matthew Weber, PE, have been elected to its board of directors and Jessica Wade, AIA, has been promoted to associate. Principal and COO Rebholz was re-elected to the board
CannonDesign promotes Garra and Kondrat to co-directors to firm’s engineering practice across mult...
July 2, 2019
Buffalo, NY CannonDesign has promoted Robert Garra, PE, and Paul Kondrat, PE, to co-directors of the firm’s engineering practice. With engineers spread across multiple offices, Garra and Kondrat will address
Hoskins joins D&B Engineers and Architects, P.C. as senior geologist and manager
July 2, 2019
East Syracuse, NY D&B Engineers and Architects, P.C. (D&B) has welcomed Matthew Hoskins, P.G. as a senior geologist and manager. In this role, he will oversee and manage the firm’s environmental
NAS Investment Solutions acquires 55,000 s/f property in Syracuse
July 2, 2019
Syracuse, NY NAS Investment Solutions (NASIS) has acquired a class A, 55,000 s/f industrial office, manufacturing and warehouse property. Assuming responsibilities for
Construction underway for new betting lounge at Rivers Casino & Resort Schenectady
July 2, 2020
Schenectady, NY Rivers Casino & Resort Schenectady has started construction on the new “Rivers Sportsbook” betting lounge. Construction is expected to be completed later this summer; and pending
Meshil of Royal Properties completes two leases totaling 3,629 s/f
July 2, 2019
Pleasant Valley, NY Royal Properties, Inc. has completed two retail leases: Hudson Family Spa, LLC signed a five-year lease with one five-year option for 1,884 s/f at Milestone Sq., a 94,500 s/f shopping center located
July message from the president of NYSCAR’s Upstate chapter - by Guy Blake
July 2, 2019
Attendees had a great time during the Annual Conference this year and took advantage of continuing education classes, an investment marketing session and great networking. The 18th annual NYS Commercial Real Estate Conference was held
Amy’s Kitchen breaks ground on new 389,000 s/f facility in Orange County
July 2, 2019
Goshen, NY According to governor Andrew Cuomo, Amy’s Kitchen, a leading organic food manufacturer, has broken ground on its East Coast hub–a 389,000 s/f specialty frozen food manufacturing facility
SWBR recognized with American Society of Interior Design award in large commercial category for RIT ...
July 2, 2019
Rochester, NY SWBR has been recognized with a 2019 Professional Design Award by the American Society of Interior Design New York Upstate/Canada East Chapter for its work on Rochester Institute of Technology’s
Orgill to build $68 million northeast distribution center in Griffiss Business and Technology Park �...
July 2, 2019
Rome, NY According to Governor Andrew Cuomo, Orgill, Inc., one of the world’s largest independent hardlines distributors, will build its first Northeastern U.S. distribution center in Oneida County.
Demand for land in Jamaica is going to take off - by Taic and Mandell
July 2, 2019
Real estate developers remain fond of Queens, driven by the large parcels of desirable land and attractive pricing. As likely changes to rent regulation laws weigh on NYC’s investment sales market, the stability of owning land should become increasingly alluring to investors.
Will of Hemisphere Holdings brokers sale of Countryside Apartments; Talmadge Properties sells to Dat...
July 2, 2019
Rome, NY According to Richard Will, president of Hemisphere Holdings Corp., the firm has handled the sale of Countryside Apartments.
CPC Mortgage Co. handles $2.44 million refinance of Buffalo multifamily
July 2, 2019
Buffalo, NY CPC Mortgage Co. LLC, a subsidiary of The Community Preservation Corp. (CPC), has closed a $2.44 million Freddie Mac Optigo Small Balance Loan (SBL) to refinance the Houk Lofts, a 22-unit multifamily property at
Cortazzo joins CCW as territory sales specialist
July 2, 2019
New York, NY Steven Cortazzo has joined Carlisle Coatings & Waterproofing (CCW) as territory sales specialist to keep the design community in the New York City metro area informed about key waterproofing solutions, including those for exterior walls and foundations on new construction projects.