New York City

Section 199A rental real estate safe harbor rule: The rules continue to evolve - by Sandy Klein

For the purposes of the qualified business income deduction (QBID), the Internal Revenue Code and proposed regulations issued in August did not make clear if rental real estate is a trade or business and, therefore, whether it qualifies for

With possible change on the horizon, a bright spot amid COVID: The Delaware Statutory Trust (DST) - by Michael Packman

It certainly has been a wild year so far and continues to be in about every way possible. As I glanced out the window during a Zoom conference I was hosting this week, a couple of the trees on my property looked like they might end up

Complex deals during COVID - by Chris Graham

The impact of COVID-19 has brought increased market volatility to the real estate sector as investors seek to divine the short-term impact of restricted openings and potential long-term impact of increased online shopping and working

Silverstein Props. and Cushman & Wakefield collaborate in lease 13,751 s/f to NCF at 120 Wall St.

Manhattan, NY According to Silverstein Properties, Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751 s/f lease at 120 Wall St. Currently located at 475 10th Ave.,

Gorjian Acquisitions sells Brooklyn retail condominium

Brooklyn, NY Joel Gorjian, a national real estate investor and President and CEO of Gorjian Acquisitions, has completed the sale of the 489 Atlantic Ave. retail condominium as part of a disposition of the firm’s portfolio of

Bestreich Realty Group is sole broker in $2.325 million multifamily sale

Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 26 Park Pl. in the Park Slope neighborhood. The property sold for $2.325 million. This 3,000 s/f multifamily has three apartments which were all delivered vacant and priced at $775 per s/f.

The new era of retail in NYC: Lessons learned from COVID-19 - by David Asfour and Christina Magrans

When the COVID-19 pandemic first hit the United States, the retail industry came to a screeching halt. In New York City specifically, the epicenter of it all, neighborhoods, especially those with a strong concentration of retail, were left

Paving New York State’s path to economic recovery - by Ross Pepe

“New York, like states all across the country, confronts the immediate effects of a paralyzing national recession, the longer-term challenge of improving our competitive position in the global economy, and the specter of a dangerous, ugly divisiveness among our people.”

Schoen Group of Savitt Partners handles 61,000 s/f lease for Mother New York at Brooklyn’s Roulston House

Brooklyn, NY According to the Schoen Group of Savitt Partners (Savitt), Mother New York (Mother), an independent creative company with offices in London, Shanghai, Los Angeles and South America, has signed a 61,000 s/f, 15-year lease at the Roulston House in the

Zaken joins JAACRES

New York, NY David Zaken has joined the JAACRES commercial real estate brokers. He will report to JAACRES president Joseph Aquino