New York City

Simone Development Cos. welcomes Charleys Philly Steaks to Throggs Neck

Bronx, NY According to Simone Development Cos., Charleys Philly Steaks has signed a 10-year, 1,500 s/f lease at the Throggs Neck Shopping Center in

Heller Org. brokers two NYC leases, includes 4,400 s/f to Mister French

Manhattan, NY Joshua Singer, vice president/head of retail for The Heller Organization, a full-service real estate firm based in Flatiron, has arranged a long-term lease for

Kings Capital Construction named a fastest-growing private company in NYC Metro by Inc. Magazine

New York, NY Inc. Magazine revealed that Kings Capital Construction is No. 127 on its second annual Inc. 5000 Regionals: New York City Metro list, the

KeyBank RE Capital appoints Tinti to senior banker

New York, NY KeyBank Real Estate Capital, the commercial real estate business unit of KeyCorp, appointed Joseph Tinti to senior vice president and senior banker.

Trevian Capital funds $6.45m first mortgage bridge loan

Queens, NY Trevian Capital, a direct lender that provides flexible and reliable short-term bridge loans for multifamily and commercial real estate opportunities nationwide, recently funded a

Feil Org. signs CycleBar, Pure Barre to 1151 Third Ave.

Manhattan, NY The Feil Organization has signed CycleBar and Pure Barre to a 10-year lease at its 1151 Third Ave. retail building on Manhattan’s Upper East Side.

Ariel Property Advisors arranges two sales totaling $14.23 million

Manhattan, NY Ariel Property Advisors has arranged two multifamily sales, a portfolio of affordable housing buildings in West Harlem and a multifamily midrise at 235 East 96th Street on

New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries

New York, NY The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd St. Partnership Business Improvement District (BID) as of

Bestreich Realty Group sells Brooklyn development site for $2 million

Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 548-550 Union St. This redevelopment site is located in Gowanus between Nevins St. and 3rd Ave. The sale price was

Will you owe capital gains tax? Consider these strategies - by Michael Packman

If you are a property owner who is selling or has sold an investment or commercial property, you probably owe or will owe capital gains taxes. The U.S. tax code allows for options that may