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Houlihan Lawrence Commercial Q4 Market report: Westchester commercial market faced challenges and opportunities in 2023

Rye Brook, NY Westchester’s commercial real estate market faced numerous challenges and opportunities in 2023, according to the Houlihan Lawrence Commercial Q4 Market report.

New York City - A resilient market - by Shallini Mehra

As we have seen time and again, the real estate market is a resilient one. Despite the headwinds of high interest rates in 2023, we noted the following examples of the market’s perseverance this year and themes that persist in both strong and weak markets.

Fisher Brothers and J.P. Morgan reposition 1345 Ave. of the Americas

Manhattan, NY After the largest commercial lease in the U.S. – 765,000 s/f signed by law firm Paul, Weiss, Fisher Brothers and advised by J.P. Morgan Global Alternatives said that 1345 Avenue of the Americas is fully repositioned and over 90% leased.

Hudson Gateway Realtor Foundation holds holiday party

White Plains, NY The Hudson Gateway Realtor Foundation (HGRF), the charitable arm of the Hudson Gateway Association of Realtors, (HGAR) donated a total of $85,100 to 34 charities and non-profit organizations throughout the Hudson Valley and beyond in 2023. As it enters

KeyBank secures $571 million for Conifer Realty
and CPP to renovate Andrews Terrace

Rochester, NY Conifer Realty, LLC (Conifer) and Community Preservation Partners (CPP) plan to renovate Andrews Terrace, a 526-apartment building complex on the city’s waterfront for senior (62+) and disabled residents

Executive of the Month: Chang builds on her passion for sustainability and technology modernization as president and CEO of GAMCO Corporation

Queens, NY Lelina Chang is the president and CEO of GAMCO Corporation, one of the earliest market players in the commercial fenestration manufacturing industry within the tri-state area and one of the largest family-owned employers in Flushing with over 60+ team members.

Ease Capital adds Hanson as associate to origination and underwriting team

Manhattan, NY According to Ease Capital (Ease), the technology-enabled multifamily lender, Trevor Hanson has joined the company as an associate in where he will focus on the origination and underwriting of new lending opportunities. His addition

JRM Construction Management shares 2023 end-of-year recap

Manhattan, NY JRM Construction Management (JRM), a leading name in the construction industry, shared their 2024 End-Of-Year Recap. JRM Construction Management concluded 2023 with a series of accomplishments

Rockland County: warehouses or bust? Building a brighter future beyond big boxes - by Paul Adler, Esq

Rockland County, nestled across the Hudson from bustling Manhattan, is at a crossroads. While the last two years have seen a boom in commercial development, it's been a one-note symphony – a monotonous chorus of rising warehouses. While these hulking structures promise short-term economic gains

HUB International releases its 2024 outlook to help owners and investors find opportunity in risk management

High interest rates and weather-related disasters will continue to have a significant effect on the real estate industry in 2024. Catastrophes and weather events, technology issues, crime and nuclear verdicts will evolve, straining profits and resulting