Thor Equities Group welcomes Club Monaco to 597 Fifth Ave.–13,000 s/f

Manhattan, NY Thor Equities Group has leased 13,000 s/f at 597 Fifth Ave. to Club Monaco for a three-year term. “An exceptionally elegant building with a rich history, 597 Fifth Ave. offers Club Monaco an

Schwarz and Ficelman of Lee & Associates NYC handle 5,600 s/f lease at 2 Bank St.

New York, NY Brad Schwarz, executive managing director/principal, and James Ficelman, associate, of Lee & Associates NYC have negotiated a ground-floor and lower-level, 5,600 s/f lease at 2 Bank St., between West 4th St. and Greenwich Ave., for

Fuchs and Berg of GFI handle $5.75m sale of two mixed-use assets

Bronx, NY GFI Realty Services completed the $5.75 million sale of 1384 and 1390 Boston Rd., two mixed-use multifamily and retail buildings located in the Morrisania section of the borough. GFI associates Zachary Fuchs and Sasha Berg represented

A lawyer discusses interior design contracts: Addressing all major issues that can arise - by C. Jaye Berger

Interior designers these days are working on increasingly large, complex projects with very large budgets. They may work directly for buildings or for individual co-op and condominium apartment clients. They may also be retained by

Tighe, Fiddle, Deutsch, Harle, Pollen and Joseph of CBRE lease 109,296 s/f to Adobe

Manhattan, NY Multinational computer software company Adobe Inc. has inked a 109,296 s/f lease at 1540 Broadway, a 44-story, class A office building. Adobe has renewed its 27,323 s/f lease on the entire

Business interest expense – The practical impact of Section 163(j) of the 2017 Tax Act - by Sandy Klein

Much has been written and discussed about the Tax Cuts and Jobs Act signed by the President on December 22^nd, 2017 which made significant changes to deductions for business interest paid or accrued post December

TerraCRG closes two Brooklyn sales totaling $68.3m

Brooklyn, NY TerraCRG has brokered two sales totaling $68.3 million. In the first deal, TerraCRG sold two assemblages at 232-250 Third Ave.

Threats and opportunities for multifamily owners in a post rent-reform world - by Victor Sozio and David Baruch

The passage of the Housing Stability and Tenant Protection Act of 2019 (HSTPA) was one of the most consequential developments to ever emerge in the NYC multifamily property market. While the new laws undoubtedly present a

Parker, Gillen and van Buitenen of Hodges Ward Elliott complete $67.25 million sale of The Chocolate Factory Lofts

Brooklyn, NY The New York office for Hodges Ward Elliott (HWE) arranged the $67.25 million sale of The Chocolate Factory Lofts, a 125-unit multifamily building and converted factory located at 275 Park Ave.

Fried Frank represents Brookfield Asset Mgmt. in $1.2 billion portfolio sale

New York, NY Fried Frank is counsel to a private fund controlled by Brookfield Asset Management in its $1.2 billion sale of a portfolio of five residential assets consisting of 2,800 rental apartment units