2021 – Best opportunity to protest your tax assessment - by Peter Blond

January is always a busy time of year for a tax certiorari practitioner. The two primary causes for the increased workload: Second half tax bills due in early January

O’Brien & Peters of M.C. O’Brien Inc. lease 24,100 s/f total

New York, NY M.C. O’Brien Inc. closed the following leases: 5,000 s/f lease renewal for CAMBA Inc., at 120 Stuyvesant Pl. on Staten Island.

255,000 s/f Moynihan Train Hall opens in Midtown Manhattan – $1.6 billion project

Manhattan, NY Governor Andrew Cuomo celebrated the grand opening of Moynihan Train Hall, a 255,000 s/f train hall designed for the 21^st century in

Alpha Realty brokers five building portfolio – $25 million

Queens, NY Alpha Realty brokered the $25 million sale of a five-building package located in the Far Rockaway section. The portfolio consists of

Fried Frank acts as counsel to Brookfield for $835 million financing

New York, NY Fried Frank acted as counsel to Brookfield in connection with its $835 million financing for One New York Plaza. The commercial mortgage-backed security financing was

COVID in the courts: Trends in pandemic-era commercial real estate litigation - by Courtney Statfeld and Daniel Hendler

Like crises before it, the COVID pandemic brings a wave of novel litigation that will shape industries for years to come. Since the pandemic began, stakeholders across CRE have

The unveiling of the new Moynihan Train Hall - by Joe Aquino

The new Moynihan Train Hall, which connects to Penn Station, should provide a tremendous boost to the retail scene in the lower part of Midtown Manhattan. Retailers in and around the

Klosed Properties acquires 32,000 s/f Brooklyn multifamily for $2.5 million

Brooklyn, NY Klosed Properties acquired 285 Quincy St. for $2.5 million. The property is a 21-unit multifamily

Villamagna and Stewart of Cronheim Mortgage secure $42.1 million for multifamily portfolio

Manhattan, NY Cronheim Mortgage secured $42.1 million in permanent financing for a portfolio of six Upper East Side apartment buildings. The portfolio encompasses a total of 131 apartments, ranging from studios to luxury three-bedroom layouts, and two, ground floor commercial units.

Williams Equities completes lease extension with Home Depot

Manhattan, NY Williams Equities has completed a long-term, 120,000 s/f extension with Home Depot at the ownership group’s 28 & 40 West 23^rd St.