Silverstein Properties leases 109,234 s/f to New York City Housing Development Corp.

Manhattan, NY According to Silverstein Properties, the New York City Housing Development Corp. (NYCHDC) signed a long-term lease totaling 109,234 s/f at 120 Broadway, a 40-story, class A office building.

Don’t assume your real estate taxes drop immediately following an income stream change - by Peter Blond

The age of entitlement has seemingly infected the real estate industry as of late with a “this can’t be the case” attitude not seen since the days leading up to the financial collapse of 2008. Just today I spent a

Handling complications with access agreements - by C. Jaye Berger

There are many properties where there is a portion that is undeveloped and crying out for a building to be built on it. Developers can come seemingly out of the blue and ask for access to your property in connection with their

Seelenfreund of Cleeman Realty Group brokers $12.677 million off-market sale in Tonawanda

Tonawanda, NY Cleeman Realty Group handled the $12.677 million off-market sale of a free-standing Tops Supermarket. The grocery store is located in Buffalo-Niagara Falls MSA off the

Is architecture really frozen music? - by William Gati

A building is unique because of its shapes and styles, and musical composition is unique because of its melody and rhythm. When we compare music to architecture, we observe they are very different mediums, yet we see that they

Excess Business Loss Limitation- Effective for 2021- By Sandy Klein

We have always heard that in life the only two things for certain are death and taxes. This may be true but the more accurate point regarding taxes is that there is constant change. In this article we will focus on a change impacting

Marx Rlty. secures 76,500 s/f in leases at 545 Madison

Manhattan, NY Marx Realty (MNPP) signed 76,500 s/f of new and extended leases at 545 Madison. A Cushman & Wakefield team led by Tara Stacom represented Marx in each of the following transactions and asking rents ranged from

The strength of the US dollar will help maintain a robust commercial real estate capital market - by Michael Zysman

As the US economy is arguably in a recession and the Federal Reserve’s policy in the near term is to continue forward with Quantitative Easing or QT, the strength of the US dollar should help maintain a relatively strong commercial

A Wild Ride - by Mike Packman

In January we talked about rising interest rates and considering capital preservation and predictable cash flow to potentially mitigate risk. Since then, the Fed has made it a wild ride for real estate investors.

What foreign investors need to know when investing in New York properties - by Joseph Aquino

Every now and then one gets a day that holds a delightful surprise and mine was the day I met Vince Rocco who taught at the New York Real Estate Institute near Macys Flagship store on 36^th St.