Many business people are in a panic these days about money and getting paid. The economic supply line is temporarily broken due to the pandemic and everything is getting backed up in the system. If a building owner is
New York City retailers and restaurateurs may, for the first time, see the availability of percentage-of-sales deals on a large scale. In a lease of that sort, the tenant does not pay a base rent, but a percentage of their sales income
Bronx, NY Cajun seafood restaurant Hook & Reel has signed a 15-year lease for 5,656 s/f at Concourse Plaza, according to The Feil Organization, the shopping center’s owner and manager. Randall Briskin and Nicholas Dries,
Staten Island, NY According to BFC Partners, Verizon Wireless opened a new location inside Empire Outlets, the 350,000 s/f retail complex in the St. George neighborhood. The store opened in late October,
Manhattan, NY Thor Equities Group has completed a new lease with Arc’teryx, a leading Canadian outdoor fashion retailer, at 139 Fifth Ave., a six-story landmark mixed-use commercial office and retail building for its latest
Brooklyn, NY Greenpoint Landing, a 22-acre development site that stretches for half a mile along the borough’s waterfront, celebrated the opening of Riverside Market, a 24-hour market, at 7 Bell Slip. The market is a
Bronx, NY Rosewood Realty Group completed the $5.35 million sale of a four-story walk-up building in the Pelham Bay neighborhood. The 27,000 s/f building, 1921 Hobart Ave.,
New York, NY Target celebrated the opening of three new small-format stores in Manhattan and Staten Island. The official grand opening was Sunday, October 25
th. Target will employ over 350 team members across the three stores:
As I write this article, many are bracing for what may be major changes to the tax code that could add millions in additional liabilities for many. Real estate investors have taken advantage of section 1031 for many years to
Bronx, NY The Hudson Gateway Association of Realtors (HGAR) has merged with the Bronx-Manhattan North Association of Realtors (BMNAR). The merger was approved by both the BMNAR and HGAR board of directors, as well as the National Association of Realtors.
