Finishing up a renovation project: Supplying a completion date in the contract

Clients often come to me when they have a renovation project that seems to be going on forever and should have ended months ago. They are de...

Ordinary capital gain treatment from the sale of real property

A partnership of which a married couple were directly or indirectly majority partners, wasn't entitled to capital gain treatment on gain fro...

GCP Capital Group negotiates $143.5 million in financing for nine properties; Includes $74 million arranged by Perlmutter

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $143.5 million for the following nine properties: * $74 mil...

Dayan and Ben-Dayan of EVO Real Estate broker $4.25 million co-op sale; Located at 246 West 38th Street; Kim of Halstead Property reps seller, IRE NY Inc.

Jonata Dayan and Jonathan Ben-Dayan of EVO Real Estate Group, a member of NAI Global, have negotiated the purchase of an office co-op at 246...

Project of the Month: Blumenfeld Development Group and Prusik Group developing The Crossings, a 40,000 s/f Bronx retail complex

The Blumenfeld Development Group (BDG), a full-service real estate development firm with a portfolio in the New York metropolitan region, be...

Cornerstone Group of NY arranges $6.42 million in financing for three New York properties

The Cornerstone Group of NY has arranged the financing of three properties totaling $6.42 million: • 405 Park Place, Brooklyn, NY - three...

HGI sells 5,046 s/f Harlem retail property for $16.5 million; C&W reps seller and Moshe Group reps buyer

According to Harbor Group International, LLC (HGI), an affiliate of its company has sold a 5,046 s/f retail property located at 246-248 West...

Strauss and Talmadge of RKF lease 4,200 s/f to Joe and the Juice

RKF has arranged a 4,200 s/f lease with Danish juice bar Joe and the Juice at 67 Spring St. in SoHo. This will be the company's first U.S. l...

Yunis of CBRE Retail arranges 7,000 s/f lease to Breitling at 575 Madison Avenue

CBRE Group, Inc. has represented Steinberg & Pokoik, owner of 575 Madison Ave., in the 12-year, 7,000 s/f, three-level flagship retail lease...

Fishbein, Kaplan and Diamond of Winick secure 550 s/f lease for Stolle

Eastern European café chain Stolle signed a lease for its first area location, securing 550 s/f of ground-floor retail space with 40 ft. ...