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Zaken, Cregan, O’Hara, Balsamo, and Jeudy join JAACRES; firm secures exclusive listings

New York, NY Under the leadership of Joseph Aquino, JAACRES has expanded its team of real estate professionals and become a leader in the commercial real estate industry. Joining the firm are

Regarding Coronavirus and 1031 exchange replacement property contracts - by Pamela Michaels

Our worlds everywhere, but especially in New York City and the Northeast, have been turned upside down by the Coronavirus. Contracts are being renegotiated and terminated and force majeure clauses are being examined by legal counsel under a microscope. In some cases,

Question of the Month: How can organizations drive a sustainable operation while saving money? - by Chuck Hurchalla

In 2016, Evolution Energy Partners (EEP) saw true value in defining energy usage reductions for our customers and driving net impact to the bottom line through energy efficiency. By doing so, EEP became a full-scale energy management firm offering an end-to-end suite of

Construction Law: What foreign investors don’t know about buying New York real estate - by C. Jaye Berger

When foreigners purchase property in the United States, often condominiums, they are generally focused primarily on the cost of the property, the location and potential appreciation in value as an investment. The United States has traditionally been a good place to

JLL Capital Markets closes two sales totaling $110 million

New York, NY According to JLL Capital Markets, the firm has closed  two sales, totaling $110 million: JLL closed the $61.5 million sale of a development site at 29 Jay St. in the Dumbo neighborhood of Brooklyn, for the Forman Group.

Dansker of Marcus & Millichap sells Tribeca walk-up for $9.25 million

Manhattan, NY According to John Krueger, regional manager and VP of Marcus & Millichap’s local office, the firm has completed the sale of 36 Walker St. for $9.25 million.

Durst Org. secures two leases totaling 26,904 s/f

Manhattan, NY According to the Durst Organization, R3 LLC has signed a 10-year lease for 17,246 s/f at 1155 Avenue of the Americas. Additionally, Check Point Software Technologies, Inc. signed a five-year lease at the property for 9,663 s/f.

Municipal Housing Authority for the City of Yonkers appoints Kimball president and CEO

Yonkers, NY The Municipal Housing Authority for the City of Yonkers (MHACY) announced today the appointment of Wilson Kimball as President and CEO. Kimball succeeds Joseph Shuldiner who is retiring after

Find the silver lining – It’s out there - by Melissa Billig

By now, your inbox has been inundated with COVID-19 updates. Many friends, clients and businesses have been impacted by this pandemic, which has created an extremely challenging business environment. Every industry and every company has been affected.

Kimco Realty pilots Tenant Assistance Program (TAP) to help small businesses apply for COVID-19 relief funds

Jericho, NY Kimco Realty Corp. is piloting a Tenant Assistance Program (TAP), complimentary to tenants, to assist them in identifying and applying for applicable federal and state loans to help their businesses survive the financial impact of the