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Ariel Property Advisors nominated for REBNY's "2018 Most Ingenious Deal Of The Year Award"
March 26, 2019
Manhattan, NY According to Ariel Property Advisors, the company has been nominated for the Real Estate Board of New York's "Most Ingenious Deal Of The Year Award" for its role in the capitalization of the Taystee Building. Ariel is one of only six nominees for the award.
Related Companies and Oxford Properties Group open Hudson Yards; LEED neighborhood to total 18 milli...
March 21, 2019
Manhattan, NY The Hudson Yards neighborhood officially opened to the public, marking a historic moment in the city. New Yorkers and visitors are able to visit for the first time the Public Square and
Bestreich, Sproviero, Lecky, Zeitchik and Flaherty of Bestreich Realty Group broker $1.8 million sal...
March 20, 2019
Brooklyn, NY Bestreich Realty Group (BRG) has completed the sale of 111 Java St. in the Greenpoint section for $1.8 million. This development site lot measures 25 ft. x 100 ft. and is zoned R6A. With a max FAR of 2, the lot offers 5,500 buildable s/f.
REBNY names contestants for 75th Annual Most Ingenious Deal of the Year Awards Competition
March 19, 2019
New York, NY The Real Estate Board of New York (REBNY) has announced those in the running for 2018’s Most Ingenious Deal of the Year, the prestigious distinction honoring New York City’s most notable transactions executed by top commercial real estate brokers.
Executive of the Month: Ed Steffelin, senior vice president, leads East Coast operations in George S...
March 19, 2019
New York, NY Ed Steffelin has joined leading commercial real estate capital markets advisors George Smith Partners as senior vice president to oversee the firm’s new Manhattan-based office.
Building owners in New York City need to be aware of all sign and notice regulations - by Evan Lipst...
March 19, 2019
Managers of residential buildings in New York City need to be aware of the various sign requirements. Various laws require landlords to post specific signs and notices for tenants…
The search for what to rent continues, and until you begin, you’ll never know what you may discove...
March 19, 2019
We started this journey shortly after I began to work at American Furniture Rentals, Inc., it became obvious that even with more than two decades of experience in the office furniture industry, I knew little about the furniture rental business.
Company of the Month: Peak Power uses battery energy storage and AI tech to lower energy bills and s...
March 19, 2019
New York, NY Peak Power provides smart software and technology solutions for the modern energy market. Through their intelligent Peak Synergy platform, Peak Power empowers building owners to…
NYC Mold Local Law 55 now is being enforced! Indoor asthma allergen hazards in residential propertie...
March 19, 2019
NYC Local Law of 2018, A.K.A. NYC Indoor Asthma Allergen Hazards in Residential Dwellings and Pest Management is now live and enforced! The law requires additional time and education, with more responsibilities and certifications…
Cohen & Perfetto works with UOVO to close $46.5 million art storage
March 19, 2019
Brooklyn, NY Cohen & Perfetto LLP worked with UOVO in the purchase of property located at 105 Evergreen Ave. UOVO purchased the former B&H warehouse for $46.5 million with the intention to renovate the space to house their art storage facility.
BOMA New York honors NYC real estate professionals at 2019 Pinnacle Awards
March 19, 2019
New York, NYThe Building Owners & Managers Association of Greater New York (BOMA New York) hosted the 2019 Pinnacle Awards Ceremony on Thursday, February 28th, 2019 at Pier Sixty.
BuildingsNY 2019 coming to the Javits Center April 2-3
March 19, 2019
New York, NY BuildingsNY, one of the region’s largest annual gatherings in the industry, delivering building owners and managers, facility and maintenance managers, superintendents, architects, managing agents, contractors, developers and engineers the opportunity to…
Jones Lang LaSalle enters agreement to acquire HFF, Inc.; Gibson to serve as CEO, Capital Markets, A...
March 19, 2019
Chicago, IL Jones Lang LaSalle and HFF, Inc. have entered into a definitive agreement under which JLL will acquire all the outstanding shares of HFF in a cash and stock transaction with an equity value of $2 billion.
Physical security check-up: It’s time – the need for a security colonoscopy - by Doug Haines
March 19, 2019
Without a quantitative method for risk assessment and analysis, the question of, “Am I–or are we–in good health, from a security standpoint?” cannot be truthfully answered. In order to accomplish…
Combatting reduced recovery rates based on water meter degradation - by Nicole Paul
March 19, 2019
Water meter degradation can be defined as the need to replace existing water meters with new meters due to under-reporting of actual tenant consumption and lower flow rates associated with the meter types aging. Rapid amortization of the investment is…
Examining the OneNYC initiative: Zero waste by 2030 needs to include reuse - by Nadine Cino
March 19, 2019
The OneNYC initiative is a dense, comprehensive plan to reduce garbage output, increase green energy, make roads safer, improve recycling rates, and divert organics from landfill.
New construction projects can feature “techno-trash” solutions that are futuristic and efficient.
Question of the Month: How has the discussion surrounding reductions in greenhouse gas emissions for...
March 19, 2019
Over the past year and half there has been a considerable amount of focus on a proposed bill set to cap carbon emissions in NYC buildings. Originally presented as New York City Local Law Introduction No. 1729 (Int. No. 1729), it focused only on fossil fuels consumed at the building site.
Crystal Window & Door supplies 14,000 windows for Windsor Park Co-Op
March 19, 2019
Queens, NY Crystal Window & Door Systems is nearing completion of one of the largest window replacement projects in NYC. Crystal has supplied 14,000 energy-efficient replacement windows for the Windsor Park Co-Op complex.