Owners Developers & Managers

Resnick named CEO of Douglaston Development

New York, NY According to Douglaston Development, a national leader and one of the largest residential and mixed-use developers in New York City, Jed Resnick has been named CEO of the firm. As CEO, Resnick will be responsible for implementing the company’s strategic vision

Strategies for turning around COVID-distressed properties - by Carmelo Milio

Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units

23-10 30th Drive LLC launch sales at The ELY in Astoria

Queens, NY The ELY, a new luxury boutique condominium building, just launched sales.  Developed by? 23-10 30th Drive LLC, The ELY, located at 23-10 30th Drive Ave. in the Astoria neighborhood, will offer 14 one-bedroom units ranging from 480 to 620 s/f.

Hudson Companies begins closings at 38-story tower, One Clinton

Brooklyn, NY According to developer Hudson Companies, closings have commenced at One Clinton, the 38-story limestone residential tower in Brooklyn Heights. Designed by Marvel Architects with interiors by Studio DB, One Clinton is a collection of 134 modern homes with open layouts

Adaptive reuse for commercial real estate - by Charles Witczak

Adaptive reuse refers to the process of reusing an existing building or property for a purpose other than which it was originally built or developed. It is also known as repositioning or conversion. Adaptive reuse is an effective strategy

Hospitality owners should aggressively seek property tax reductions in 2021 - by David Wilkes

The Roosevelt Hotel, located on East 45th St. in Manhattan, was a New York City landmark. Named for President Theodore Roosevelt, the storied hotel was the backdrop for major motion pictures and known as a fixture of the Manhattan skyline.

IREM NYC donates $17,906.50 to GiGi’s Playhouse NYC

New York, NY That’s one big check! Thanks to the generosity of members and friends who attended our October clay shoot, IREM NYC is thrilled to donate $17,906.50 to GiGi’s Playhouse NYC.  GiGi’s is a community center where people with Down Syndrome and their families gather to celebrate, inspire, and empower each other

IREM NYC welcomes four new CPMs

New York, NY IREM NYC welcomed four new Certified Property Managers (CPMs) who were sworn in at the chapter’s December Zoom meeing. The new CPMs are: 

IREM NYC education offerings for 2021

New York, NY The IREM NYC chapter has decided to continue to offer courses virtually in the new year. This means that if you’re thinking about becoming a Certified Property Manager

BOMA New York – 2021 with an optimistic lens - by Hani Salama

Happy New Year! As we enter 2021 and I look back at the previous year, my heart fills with gratitude, pride, and hope. Despite the year afflicted by a pandemic, rallies and social unrest, the commercial real estate industry carried New York City on its shoulders.