New York City

Question of the Month: Why are retailers paying twice for their success as tax assessors improperly impose business tax?

Jay Herman, Herman Katz Cangemi & Clyne LLP What is the value of a big box retail store for property tax purposes? The answer often can...

Arad of Romer Debbas represents Six Sigma in acquisition of development site - $54.75 million

517-523 West 29th Street,Chelsea - Manhattan, NY Guy Arad, Romer Debbas LLP Manhattan, NY Condo developer Six Sigma NYC has closed on the...

M.C. O’Brien leases a total of 59,614 s/f in Brooklyn/Queens during the 4th quarter

William O'Brien, M. C. O'Brien Inc. New York, NY M.C. O’Brien Inc. finished the 4th quarter with several notable office transactions...

Hammer and Neiss of Meridian negotiate $14.4 million in financing; Placed for portfolio of four walk-up buildings

6302 4th Avenue - Brooklyn, NY Judah Hammer, Meridian Capital Group Brooklyn, NY Meridian Capital Group, America’s most active debt bro...

GCP Capital Group arranges 17 mortgages totaling $301.996 million

New York, NY GCP Capital Group LLC has arranged mortgage financing in the amount of $301.996 million for the following 17 deals: • $72.1 ...

Westreich and Vaknin of Westbridge Realty broker $4.2 million sale; Seven-story rental property located in Rego Park, Queens

Steven Westreich, Westbridge Realty Group Queens, NY Westbridge Realty has brokered the $4.2 million sale of 64-64 Wetherole St. in Rego Pa...

Houlihan-Parnes Realtors arranges two mortgages totaling $4.2 million; Includes a $3.5 million first mortgage on a 10,000 s/f retail property by Houlihan and O’Neil

172-178 Dyckman Street, Inwood section - Manhattan, NY New York, NY Houlihan-Parnes Realtors, LLC has placed two loans totaling $4.2 mill...

Brick Capital Realty arranges $10 million in financing

Eric Roth, Brick Capital Partners New York, NY According to Eric Roth of Brick Capital Partners, the firm has arranged a total of $10 milli...

A look back: Bronx saw tremendous multifamily, retail and commercial real estate growth in 2015 - by Jason Gold

Jason Gold, Ariel Property Advisors In recent years, as New York City’s multifamily, retail and commercial real estate sectors have becom...

Brooklyn – Center of the world: The most sought after place to live is experiencing growing pains - Daniel Bollinger

Daniel Bollinger, Azad Property Group As I stated in my last report, “Brooklyn is the most popular borough in the entire world.” In my ...