Front Section

How ground leases can help not-for-profits redevelop their properties - by Patrick O’Sullivan

For not-for-profits and developers who are undertaking a development transaction through a ground lease structure, the parties need to address two significant items as part of the complex negotiations in contemplation of

Black of Horvath & Tremblay brokers three retail sales: $5.976m; Collaborated with Huntley for WellNow Urgent care deals

Hamburg, NY Jeremy Black of Horvath & Tremblay completed the sale of three retail properties in the state for a total of $5.976 million.

Mortgage Bankers Association of New York Scholarship Foundation names 2020 scholarship recipients

New York, NY The Mortgage Bankers Association (MBA) of New York Scholarship Foundation has awarded five scholarships for the fall 2020 semester.

Schwartz joins JAACRES as an associate broker

New York, NY According to CRE services firm JAACRES, Michael Schwartz, Esq. has joined its team as an associate broker.

Garthchester Realty acquires Stillman Property Management

Harrison, NY Craig Perusini and Brian Scally, principals of Garthchester Realty, have acquired the assets of Stillman Property Management, Westchester-based firm.

Goldflam of Highcap Group completes $13.3 million sale of development site in Catskill Mountains

Forestburgh, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, has arranged the sale a sub-division development site at 974 Cold Spring Rd., in an area known as

Groblewski and Maddaluna of Fantini & Gorga arrange $6.5 million

Brooklyn, NY Fantini & Gorga completed debt placement of $6.5 million for the refinancing of a NNN McDonald’s ground lease.

Future of New York CRE Three-Part Webinar Series hosted by NYREJ

The New York Real Estate Journal is producing a three part Webinar series on the future of commercial real estate in New York. The first panel discussion on the Long Island Market will be held on September 16, 2020 10am-11:30am. The second panel,

NYC Local Law 11 explained - by Michael Rogoff

The NYC Façade Inspection Safety Program (FISP), also known as Local Law 11, requires NYC buildings taller than six stories to have their facades inspected and repaired every five years. The law was recently enhanced in order to

Asset Preservation to offer free CE webinars in September for 1031 advisors, attorneys, CPAs and RE professionals

New York, NY Asset Preservation will be offering a series of free webinars that qualify for CE credits in September. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are open to the public. Topics this month include ethics, parking arrangements, 1031 stratgies, and entity issues.