Manhattan, NY The Kaufman Organization acquired The Haymarket Building under a newly formed 99-year ground lease, located at 135 West 29
th St. between Sixth and
Private lenders are finding plenty of opportunities to make loans to commercial property owners in 2021. In exchange for new debt to replace struggling owners’ existing mortgages, these
Brooklyn NY Goldcap Real Estate Advisors facilitated the sale of 1526 Lincoln Pl. in the Crown Heights neighborhood. The sale price was $600,000 ($101 per buildable s/f).
Brooklyn NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) completed the sale of 2177 Bedford Ave. (Block: 05090 Lot: 0004) located
New York, NY Meridian Capital Group arranged $33.9 million in financing to refinance two multifamily properties in the Bronx, and $9.9 million to refinance a
The Mandatory Inclusionary Housing (MIH) program allows developers to utilize increased development rights allowed under a rezoning by creating permanently affordable housing marketable to both
In 1961, NYC adopted the Zoning Resolution (ZR). The ZR assigns complex zoning regulations to every tax lot in the five boroughs. Like the Constitution, it is a comprehensive document and, just as importantly, it provides
Change orders are like mini-contracts. The parties sign the main contract and when things change, they both sign change orders confirming their agreement to those changes. It could be to add money to the contract price or to extend the
Westbury, NY After decades in the real estate industry as a broker responsible for selling and/or leasing, literally, hundreds of millions of square feet of commercial properties, Steve Kirschner decided to strategically
It’s easy to put your focus on getting new residents for your property. However, knowing the importance of resident retention is vital if you want to be a successful property manager. By keeping a high resident retention rate, you can
