New York City

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 22nd, 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

Romer Debbas, LLP has been recognized by The Real Deal among the city’s leading law firms

New York, NY Romer Debbas, LLP has been recognized by The Real Deal among the city’s leading law firms. Examining July 1, 2018, through June 30, 2019, The Real Deal credits Romer

Rodriguez Commercial Realty brokers $3.15m sale

Brooklyn, NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) has completed the $3.15 million sale of  862 East 17th St., located in the Ditmas Park/Flatbush Malls neighborhood. The property

Glanzrock launches a new group known as “A Seat at the Table”

Manhattan, NY Cindy Farkas Glanzrock, a commercial real estate broker and curator, with a focus on gallery leasing and an art lobbyist who founded and operates Glanzrock Curatorial Services, has launched

Madison Realty Capital signs Westhab to 8,233 s/f lease at Union Crossing

Bronx, NY Madison Realty Capital, has signed Westhab to Union Crossing. The community development non-profit organization is the building’s first tenant and has signed a 10-year, 8,233 s/f lease at the

Columbia Property Trust to acquire Normandy Real Estate Management

New York, NY Columbia Property Trust, Inc. has signed a definitive agreement to acquire Normandy Real Estate Management, LLC, a leading developer, operator and investment manager of office and mixed-use