If you’ve picked up a financial publication recently, chances are you’ve seen references to 1031 exchanges. A 1031 exchange is a legal way for investors to defer their capital gains taxes on the sale of real estate held for investment or
Brooklyn, NY Stav Equities alongside Safdie Realty Group, has brokered the sale of 57 Grove St., a 12-unit multifamily building in the Bushwick neighborhood. The brokers were able to assist ownership in buyouts, ultimately delivering 11 out of
New York, NY More than 50 top brokers joined Ryan Serhant, founder of real estate brokerage SERHANT. and Eran Chen, founding principal of ODA, on September 13
th for an event at The Westly, a boutique condo development located at 251 West 91st St. on Manhattan’s Upper West Side. The event was held in The Westly’s latest
New York, NY As a means of celebrating and rewarding employees returning to work this Fall, GFP Real Estate has launched an exciting new ‘Fall NFL 2022 Giveaway’ contest, giving its tenants an opportunity to win VIP tickets to a Giants or Jets game at MetLife Stadium.
New York, NY Enterprise Community Partners(Enterprise) announced the 16 recipients of the 2022 Thome Aging Well grants, which are part of a four-year, $19 million program to help older adults living in affordable communities age safely and securely at home.
Do Fair Housing Laws apply to commercial real estate? The answer is yes. This is apparent when dealing with multi-family residential properties. But what about retail, office and industrial? Any type of discrimination is a violation of the Fair Housing Act. Specifically, federal law has seven protected classes: race, color, national origin, religion, sex,
New York, NY The Praedium Group (Praedium) completed fundraising for its tenth fund. In total, Fund X raised more than $728 million in equity to invest in multifamily housing in suburban growth markets, primarily in the South and West. Fund X attracted new and existing investors including public and corporate pension funds, insurance companies
Across 10 buildings in the Chelsea neighborhood of Manhattan, Weber Realty manages 45 regulated rental units. Rent roll data indicates that these stabilized/controlled units are receiving a 253% discount compared to its comparable market rate neighbors. For these 10 buildings, the average price
New York, NY According to Shawmut Design and Construction, Charles Avolio has been named head of major projects for its New York Metro region, the next step in its growth plan to increase market share in large-scale projects and expand into new sectors.
New York, NY Hunter Roberts Construction Group (Hunter Roberts), named Antonio Cabrera, LEED AP, as vice president, director of healthcare. Cabrera will be responsible for operations related to Hunter Roberts’ healthcare and life science practice
