Manhattan, NY Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, has completed the final close for its second real estate private equity fund. HVPG raised $292.42 million in capital commitments
Staten Island, NY National Equity Fund (NEF), a leading national nonprofit affordable housing finance company, has provided a $27.457 million loan to refinance a 115-unit multifamily property. The financing comes
MWBE Unite, Inc. has appointmented Asmau Ahmed and Lisa Ackerman to the Board of Directors, effective immediately. MWBE Unite, a platform supplier incubated by JRT Realty, works to bridge diverse suppliers and client needs to create accessible opportunities
Manhattan, NY According to Savills, Soufian Alsabbagh has joined the firm’s North American Cross Border Tenant Advisory group as a director. Alsabbagh previously served as vice president at JLL, where he
Manhattan, NY BentallGreenOak’s (BGO) redesigned lobby at 685 Third Ave. will feature a new cultural program for the benefit of the tenants, neighbors, and guests of the building in early 2023. This program will debut with
The recent passage of the Inflation Reduction Act (“IRA”) on August 26, 2022 represents unprecedented legislation which, among other things, includes significant investment in renewable energy technologies. The IRA provides tax credits for companies
New York, NY Fordham Real Estate Institute (REI) hosted the “Sustaining the Future of Real Estate” at Fordham University’s Lincoln Center campus Oct. 6, both in-person and virtually. The first panel, “Sustainable Design, Architecture and Construction,” was moderated
New York, NY GFP Real Estate, LLC has closed on a $47 million loan from Chase for the refinancing of 230 Fifth Ave., a 20-story, 465,000 s/f Beaux Arts-style office building located in the Flatiron District.
New York, NY More than 300 members of the commercial real estate and construction industries gathered at 48 Lounge in Midtown Manhattan for the second annual Building Better for the Tunnel 2 Towers Foundation event. Organized by Cresa managing principals James Pirot
Over the last 8 years, taxes increased 61% for a 10 unit building (with 3 rent regulated units) in the Chelsea neighborhood of Manhattan that is managed by Weber Realty. Payroll expenses have jumped for supers and administrators as minimum wage in NYC
