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Asian Real Estate Professionals Assn. guest speaker event features Wu of ZD Jasper Realty

Manhattan, NY The Asian Real Estate Professional Association (AREPA) hosted its distinguished guest speaker event at EisnerAmper, featuring Jasper Wu, vice president of ZD Jasper Realty. Jasper shared his expertise on real estate development, career

Reidy Contracting completes five projects in Empire State Building

Manhattan, NY Reidy Contracting Group (RCG) has completed five projects in the Empire State Building. The projects include the Empire State Realty Trust Amenity Space, Ghirardelli Chocolate & Ice Cream Shop, the Observatory, Dave & Adam’s Pop-Up Shop,

GFI Realty arranges $40 million acquisition loan for Avalon Brooklyn Bay

Brooklyn, NY GFI Realty Services closed a $40 million acquisition loan for 1501 Voorhies Ave., formerly known as Avalon Brooklyn Bay and rebranded by the buyer as Aqualina New York, located in the Sheepshead Bay neighborhood. The financing was secured through OceanFirst Bank and arranged by Daniel Lerer

SL Green secures $1.4 billion refinance for 11 Madison Ave.

Manhattan, NY Fried Frank advised SL Green Realty Corp. (SL Green), and its joint venture with PGIM Real Estate, in connection with the completion of a $1.4 billion, five-year, fixed-rate refinancing of 11 Madison Ave., a 2.3 million s/f office tower in Midtown South. The new mortgage replaces the

IREON Insights: Tax consequences of using debt financing to acquire real estate in a self-directed IRA - by Richard Levychin

The act of borrowing money itself in a self-directed IRA is not a taxable event. However, using borrowed funds (debt financing) to acquire or improve rental properties can subject the IRA to taxes on unrelated debt-financed income (UDFI), which is a form of unrelated business taxable income (UBTI). This means

IREON new member profile - Varun Bansal

What do you do now and what are you planning for the future? I’m an entrepreneur focused on building a sustainable enterprise with a vision and growth mindset. My company provides reused and pre-owned office furniture solutions that promote circular economy principles and reduce environmental impact.

Mid-term stays: The new foundation of international student housing - by Óscar Rubio

As the traditional housing market faces regulatory pressure, inflation, and limited supply, a once-marginal model is gaining ground across global real estate: mid-term rentals. Covering stays between one and eleven months, this category has expanded rapidly, becoming one of the most promising accommodation formats

Vision Hudson Valley names Smith of Richard J. Smith Enterprises as Ottaway Medal recipient

Middletown, NY Vision Hudson Valley has named RJ Smith as the recipient of the 31st annual Ottaway Medal, an honor bestowed upon individuals who exemplify leadership and service in the Hudson Valley. Named after philanthropists Ruth and James Ottaway, the medal celebrates those whose advocacy

AANDAR Real Estate Capital closes $50 million across three transactions

Manhattan, NY AANDAR Real Estate Capital has closed three transactions totaling nearly $50 million within four weeks, spanning three asset classes and capital structures across the U.S.  “These closings capture exactly what defines AANDAR — precision, creativity,

Tarrytown officials approve Catalyze’s battery storage facility

Tarrytown, NY In a victory for proponents of clean energy, the village planning board issued final site plan approval for Catalyze’s 5 megawatt (MW) battery energy storage facility. This approval follows the village board of trustees unanimous vote for a zoning law change to allow Battery Energy