New York City

Stimulating a post-pandemic recovery – Converting offices to residential use in NYC - by Daniel Braff

It has been recently reported that both gov. Cuomo and mayor De Blasio are reviewing proposals to convert office buildings to residential use in response to high office vacancy and

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 21st 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.