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Hempstead IDA gives preliminary approval of incentives for Freeport affordable rental apartments

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), has given preliminary approval to a package of economic incentives that will be used by a Westchester developer to construct a 31-unit building

Muroff Hospitality Group complete $1.2 million sale of Vinehurst Inn & Suites

Hammondsport, NY Muroff Hospitality Group has completed the sale of Vinehurst Inn & Suites. The Seller was Vinehurst Retreat LLC...

Merchants Capital New York provides $104+ million for historic affordable property

Harlem, NY The New York office of Merchants Capital has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses

Yonkers IDA votes preliminary and final approvals of oncentives for 3 new projects

Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted at its March 31 meeting preliminary and final approvals of financial incentives for three new residential and commercial projects that will build on Yonkers

TerraCRG sells $1.2 million multifamily building

Brooklyn, NY TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $1.175 million sale of 234 24th St., with TerraCRG Partners Matt Cosentino and Dan Marks

GFP Real Estate sign two new retail leases totaling 5,614

New York, NY GFP Real Estate, LLC has signed two new retail leases to 10 Astor Pl. and 740 Broadway in NoHo. “Both Raisin...

JLL Capital Markets arranged $28.5 million in financing secured for New Jersey multi-housing community

Jersey City, NJ JLL Capital Markets has arranged $28.5 million in permanent financing for The Ashton, a 93-unit, six-story, Class A apartment community

Forrest joins Statewide Abstract Corp. as deputy general counsel

New York, NY Statewide Abstract Corp has added Tracy Forrest, Esq. to its roster of real estate professionals. “We are excited to bring Tracy on board,” says Statewide Abstract president

The hospitality tech transformation is all about front and back office alignment, efficiency and compliance - by Pam Knudsen

In hospitality, we rightfully place a lot of focus on the customer experience. But what often is overlooked is back-end accounting technology that is vital to the continued operation of the property. Digital transformation is being embraced across many industries

Battery Park City Authority releases climate action plan

The Battery Park City Authority (BPCA) released its industry-leading Climate Action Plan, a detailed roadmap of greenhouse gas (GHG) emissions reduction strategies in the energy, transportation, and waste sectors. The Battery Park City Climate Action