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Bassalali and Nassimi of RMB Properties broker $60m sale of 215,000 s/f office bldg.

RMB Properties LLC recently sold a multi-tenanted property located in the Financial District on 156 William St. to Capstone Equities. The pr...

First Green Real Estate Summit held March 5th

Speakers at the first Green Real Estate Summit, held March 5, confirmed that the rules are changing and that relationships between real esta...

Types of property not eligible for 1031 treatment

When a taxpayer is considering performing a tax deferred exchange, the first matter the taxpayer must consider is whether the property the t...

Burkhart of EC reps. seller and procures buyer in $96m portfolio sale

Phoenix Realty Group (PRG) has acquired 362 low-income apartments for a cost of $96 million in Bedford-Stuyvesant. The properties are locate...

NYS AHC approves $4.175 million for 169 affordable housing units

$4.175 million in grants have been awarded to build and preserve 169 units of affordable housing throughout NYS. The grants, which will help...

RMJM Hiller welcomes four new employees and promotes three members to serve as principals

According to Peter Schubert, AIA, design director of RMJM Hillier, four industry experts have been to the firm's roster: Chris Jones, RIBA, ...

What's important now?

Congress is becoming more and more involved in the irrelevant issues of the day at the expense of what is really important. For example, con...

Adams & Co. Real Estate completes a total of 21,200 s/f for two leases

Adams & Co. Real Estate brokered a total of 21,200 s/f for the following two leases: * A 10-year, 10,000 s/f renewal and a 6,264 s/f expansi...

Diamond Data to launch online comm'l. property database March 31

Diamond Data Company will launch its online commercial property database system, www.ddmine.com, March 31. The company was founded by former...

Froggatt joins Jones Lang LaSalle's strategic planning group to serve as senior vice president

Cindy Froggatt has joined Jones Lang LaSalle's strategic consulting group as senior vice president. In her new role, Froggatt will lead the...