Jonathan Rose Cos. buys Goodwill Terrace from Goodwill NYNJ; Transwestern advises seller, procures buyer–$35m

Queens, NY Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Goodwill Terrace Apartments for $35 million from

JLL arranges $63.6 million refinancing for The Umbrella Factory, mixed-use condominium project

Brooklyn, NY JLL Capital Markets arranged a $63.6 million loan to refinance The Umbrella Factory at 722 Metropolitan Ave., a mixed-use condominium and retail development in the Williamsburg neighborhood. The group worked on behalf of

New York Self Storage Association: Investment Forum, Union League Club, Jan. 7 -by Nick Malagisi

The NYS Self Storage Association, in partnership with the National Self Storage Association, held its 12^th annual “Investment Forum” this past week at the Union League Club in NYC. This is a national self storage Conference intended for the

Top 2019 legal developments affecting New York real estate - by Thomas Kearns

Among the numerous legal developments affecting New York’s real estate industry during 2019, the industry-rocking changes to the rent stabilization rules and several other notable developments stand out:

PM Pediatrics opens first Bronx location – 4,900 s/f

Bronx, NY PM Pediatrics has opened its newest location, 4,900 s/f at The Shops on Broadway, at 5740 Broadway in the Riverdale neighborhood. This marks their 19^th location in the state, and its 52^nd location nationwide.

Ezratty and Ellard of NKF represent Willowen Mgmt. for $21.5 million sale of 24 Woodward Ave., Queens

Queens, NY Newmark Knight Frank (NKF) brokered the sale of 24 Woodward Ave., a last-mile distribution and warehouse on behalf of the seller, Willowen Management Corp. and the buyer, multinational logistics real estate investment trust Prologis,

Question of the Month: How can organizations lower energy costs and support a more sustainable future for all? - by Chuck Hurchalla

First 5: Tips to save energy, drive value and sustainability. In the past 30 years, energy business has changed. In today’s competitive environment, it has become hyper-critical to reduce our organizations’ operating expenses.

Hospitality: State of New York City hotel market - by Anudeep Gosal

We are presently witnessing the longest uninterrupted economic growth in modern history, with the hotel industry now 114 months into an expansion cycle. There are growing concerns of geopolitical issues and the risk of impending recession, though

Cornerstone Land Abstract launches Women in Real Estate series

New York, NY Cornerstone Land Abstract launched their Women in Real Estate series on December 4^th. The series, hosted by business development executive, Danielle Volpe, features women from across the real estate sector to

Natter and Fuchs of Collaborative Group sell Hewlett Plaza for $4.1 million

Hewlett, NY Collaborative Group has completed the sale of the Hewlett Plaza shopping center.  Andrew Natter and Hal Fuchs of Collaborative Group represented the buyer, Adam Parkoff, and seller, the Rinzler family, in the $4.1 million transaction.