Category: Owners Developers & Managers

When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.

Brooklyn, NY JLL Capital Markets arranged the $23.5 million sale of 1150 Bdwy., a residential development site in Bedford-Stuyvesant. JLL represented the seller, A-PLUS International Realty, and negotiated directly

Tonawanda, NY EG TAX will offer its annual income tax course beginning this October, providing participants with an opportunity to develop a broader understanding of federal tax law and

A potential buyer will want to see how the property is expected to perform this year and in the future.  We start by creating an Operating Statement or Proforma, which is a projection of the

Manhattan, NY Summer Restaurant Week has concluded on August 16th, with more than 600 participating restaurants offering prix-fixe lunch and dinner menus. While exceptional dining can be found throughout the city, 42BELOW offers one of the city’s most diverse collections of dining experiences, replete with Michelin-starred chefs, and spanning refined steakhouses to K-town standouts, all within the same Midtown South neighborhood.

Manhattan, NY Inside one particular pocket of Midtown South — the stretch running roughly from the southern edge of Times Square down through the Garment District and Koreatown, and from Bryant Park to Eight Ave. Some locals have started calling it “42BELOW,” and the restaurants, bars, and cafés packed into it are becoming favorites among one of the city’s most discerning communities. 

Morristown, NJ Mayor Timothy Dougherty and the town council awarded the conditional designation of SJP Properties as the redeveloper of 1 North Park Pl., 17-21 North Park Pl., 11-23

Manhattan, NY The Council of New York Cooperatives and Condominiums (CNYC), a non-profit representing nearly a thousand co-ops and condos across New York City, released a set of “Reasonable Recommendations” for the Mamdani Administration

Brooklyn, NY Alloy Development (Alloy) signed three new retailers at the Alloy Block — MUJI, Winner and CardVault by Tom Brady. MUJI is taking 10,000 s/f for its second Brooklyn location, Winner is opening a new 2,726 s/f cafe

This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.

By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges

Manhattan, NY Brookfield Properties is proud to unveil The Market Hall at Manhattan West, an elevated, multi-concept dining destination, to one of New York City’s most dynamic neighborhoods. Spanning two levels, The Market Hall combines thoughtful design with a vibrant atmosphere, bringing together a curated collection of new food and beverage concepts, including a rooftop terrace bar.