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REBNY announce winners for Residential Deal of the Year Awards

New York, NY New York City residential brokerage leaders came together to honor winners of the Real Estate Board of New York (REBNY)’s Residential Deal of the Year Awards. In its 33rd year, the charity

DeNicola, Sternhell, and Vanderpool of Cignature Realty handle $3.95m sale

Manhattan, NY Cignature Realty handled the $3.95 million sale of 502 West 170th St., a five-story, multifamily apartment building with

Question of the Month: Is office space in New York facing a reckoning? - by Spencer Compton

As many New Yorkers return to work – back to working in an office, that is – they’re often working in a hybrid environment that is very different than

Marcus & Millichap handles two sales totaling $37.15 million

Manhattan, NY According to Marcus & Millichap, the firm has completed two sales totaling $37.15 million:

Can I 1031 exchange out of a Delaware Statutory Trust? - by Dwight Kay

Many investors that have participated in or are considering a DST 1031 exchange with Kay Properties will oftentimes ask us, Is it possible to 1031 exchange out of a

Lancewood Capital provides $8 million bridge loan

Manhattan, NY Lancewood Capital provided an $8 million bridge loan to finance a multifamily building in the West Village neighborhood.

Valuable tips on using 3D design and drafting for documenting existing conditions in buildings - by William Gati

Make it a habit to measure and document any physical changes once a year. Tenants, landlords, and others often make structural, partitions,

State tax law considerations in Section 1031 exchanges - by Sandy Klein

A Section 1031 exchange of like-kind real estate (1031 exchange) allows the seller to defer the recognition of capital gain taxes and depreciation recapture for

An attorney discusses retail leases - by C. Jaye Berger

Retail leases are becoming more prevalent now as the pandemic comes to an end and the economy picks up and starts to turn around. The biggest thing that

Buyers place bets on New York City hotels - by Joseph Aquino

Over the past two years, New York City’s hotels have been trading at a huge discount. Hotel owner/operator MCR, which has a reputation for