Front Section

Top 2020 legal developments affecting NY’s CRE industry - by Thomas Kearns

2020 will be remembered for COVID-19 and more COVID-19. The pandemic closed offices and retailers for a time and reduced office occupancy dramatically for nine months. It is beyond the scope of this column to cover all the litigation

TAYLOR, the Builders nears completion of Seneca Street Infill project

Buffalo, NY TAYLOR, the Builders, a leading regional commercial general contractor in Upstate, is nearing completion of the construction to create the Seneca Street Infill located at 864 and 872 Seneca St., anchored by the fourth location of

Cushman & Wakefield arranges $116m in acquisition financing; also arranges six transactions–$45.54m total

New York, NY Cushman & Wakefield arranged $116 million in acquisition financing for the purchase of the leasehold interest in 860 Washington St., a 117,000 s/f office building located in the Meatpacking District.

Kislak Co. wraps 2020 with $600 million in sales volume

Woodbridge, NJ The Kislak Co., Inc. reported strong investment sales and commercial sales and leasing activity in 2020 closing more than 140

Goldwasser of FIA Capital Partners acts as ownership’s chief restructuring officer for 174-room Tillary Hotel bankruptcy filing

Brooklyn, NY Faced with foreclosure, The Tillary Hotel filed for bankruptcy last month in yet another example of New York City’s hospitality woes. The 174-room boutique hotel and

Rosenfeld of Schuckman Realty sells mixed-use building in Queens

Queens, NY Schuckman Realty has facilitated the sale of a 3,640 s/f mixed-use building, consisting of two residential apartments above 1,800 s/f of commercial space

OPEN ACCESS/REAP selects inaugural candidates for virtual fellowships in community development finance

New York, NY On MLK Day, January 18th, 2021, the day that celebrates the life and legacy of Dr. Martin Luther King, Jr., the Open Access/REAP Program has announced the selection of 23 professionals for a

Eastern Union assisting with second round PPP loans

Brooklyn, NY Business owners nationwide can now register for loans under the second round of the Small Business Administration’s Paycheck Protection Program (PPP) through

2020 goodbye, 2021 hello - by Rick Kaplan

What a wild ride we had in 2020. When I look back at the past year things have happened that you thought would only happen in a movie. The pandemic hit in February and just like that the whole world changed. We went from going into work,

Westchester County EDC grants second round of funding

Westchester County, NY The Westchester County Office of Economic Development has announced a second round of funding for