Front Section

CPEX sells 15,000 s/f Queens development site for $3 million; Leary, Vintonik, Dyke and Kim act for seller

Queens, NY The CPEX Development & Conversion Sales Team has sold a 15,000 s/f development site in the Astoria neighborhood for $3 millio...

Investment incentives: Tax deferral, Opportunity Zones - by Pamela Michaels and Scott Saunders

The Tax Cuts and Jobs Act (TCJA) created a new investment vehicle called an Opportunity Zone (OZ) to encourage investment into distressed and low-income communities throughout the U.S. The goal of this OZ tax incentive program is

Doshi, Cohen, Mehra and Gelernter of Besen & Associates broker $7.8 million sale of 4,812 s/f walk-up

Manhattan, NY Amit Doshi, Ron Cohen, Shallini Mehra and Shlomo Gelernter of Besen & Associates have closed the sale of 84 Second Ave. in...

Rubie and Rubie of National Standard Abstract provide title insurance for $35.791 million affordable housing faith-based development in Brooklyn

Brooklyn, NY OseiRubie, president and Nadir Rubie, business development executive of National Standard Abstract have provided title insuranc...

Zar of Moonlight Properties acquires Bronx building

Bronx NY Ryan Zar of Moonlight Properties LLC has acquired 2348 University Ave. for $2.085 million. The subject property contains 14,900 ...

Sozio, Shkury, Tortorici, Gillis and Khukhashvili of Ariel Property Advisors retain to run UCC foreclosure process for collateral located at One Bennett Park

MANHATTAN, NY Ariel Property Advisors has been retained to run the UCC foreclosure process for collateral located at One Bennett Park in Nor...

Brick Capital Partners completes three mortgages totaling $6.95 million

Brooklyn, NY Brick Capital Partners LLC has completed the following transactions: Eric Roth, Brick Capital Partners • A $5.4...

YMWREA holds 13th annual kayaking event
on July 12th

Queens, NY On July 12th, YMWREA hosted their 13th annual kayaking event. Starting in Long Island City, the group paddled their way down to S...

Evercore expands lease at Fisher Brothers’ Park Ave. Plaza to 350,000 s/f

Manhattan, NY Fisher Brothers has finalized an agreement with Evercore, to expand its total footprint at Park Ave. Plaza to 350,000 s/f and ...

Yonkers IDA partners with Building and Construction Trades Council to create Pre-Apprenticeship Program

Yonkers, NY Nearly 100 Yonkers residents seeking construction careers in union building trades turned out to enroll in a pre-apprenticeship ...