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Are collapses of multi-owner properties inevitable? - by Thomas Kearns

The recent collapse of a Miami condominium building and the investigative journalism that followed revealed the difficulties in managing multi-owner properties like condominiums and cooperatives in the face of serious

Tri State Commercial Realty acquires Precision Realty Group, rebrands as TSC Precision

Brooklyn, NY Tri State Commercial Realty, a commercial real estate advisory and brokerage firm in New York City, has acquired Precision Realty Group, which has offices in Philadelphia and Berwyn, PA.

Cresa arranges expansion for MidCap Financial

Manhattan, NY Cresa managing principals Peter Sabesan and Steve Schaumberg, and vice president Daniel Taormina have arranged a new lease for MidCap Financial Services, LLC at

Nassimian of Highcap Group closes development site sale: $6.175 million

Queens, NY Rodney Nassimian, investment sales associate at Highcap Group LLC, completed the sale of a development site located at 28-12 41st Ave. in the Queens Plaza North subdistrict

Robert Martin Co. closes 400,000 s/f in leases in first half of 2021

Elmsford, NY Robert Martin Co., one of the largest real estate management and development firms in Westchester County, has closed 400,000 s/f of new leases, renewals and expansions at

Malagisi and Hardisty of SVN Commercial Realty sell storage portfolio

Buffalo, NY Nick Malagisi, SIOR and Hans Hardisty, MBA, CCIM on SVN’s National Self-Storage Brokerage and Consulting Council have completed a seven-property sale. The transaction included five large, stabilized facilities

Mor brokers $7 million sale for Conway Capital

Brooklyn, NY According to Nir Mor, Conway Capital has purchased two mixed-use buildings located at 178-180 Atlantic Ave. for $7 million. Mor was the broker for

Fordham Real Estate Institute launches master of science in real estate development

New York, NY Fordham University Real Estate Institute unveiled the newest addition to its growing inventory of programs, a master of science in real estate development (MSRED).

Humane Society of Westchester completes $4.5 million shelter renovation

New Rochelle, NY After more than three years, the Humane Society of Westchester in New Rochelle held a grand opening event July 13 to celebrate the opening of a newly renovated

Eastman Cooke resumes building two Jaguar/Land Rover dealerships

Brooklyn, NY Eastman Cooke & Associates, a New York-based, mid-sized construction company, has resumed work on a 100,000 s/f combination Jaguar and Land Rover dealership at