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Project REAP issues call to action to the C-suites of leading CRE firms and Fortune 500 Companies

New York, NY Project REAP (Real Estate Associate Program), one of the nation’s largest diversity initiatives for commercial real estate (CRE) for over 20 years, has issued a Call to Action addressed to the C-suites of leading commercial real estate firms and Fortune 500 companies.

IRS issues long-awaited Coronavirus relief for Qualified Opportunity Funds - by Jennifer Porter, Clem Turner and Bozena Diaz

On June 4th, 2020, the Internal Revenue Service (IRS) released the highly anticipated coronavirus relief for Qualified Opportunity Funds (QOFs) and their investors. The relief is

Westbridge Realty Group completes 15 sales totaling over 10 million

Bronx, NY Westbridge Realty Group closed 15 transactions in the borough, totaling over $10 million. The deals include: $1.4 million sale of 2412 Webster Ave., a multifamily building in the Fordham neighborhood

KZA Realty Group brokers two deals in the Bronx

Bronx, NY KZA Realty Group has secured two deals that will continue to support the area’s economic development.

NYREJ releases new One-on-One Interviews

New York, NY The New York Real Estate Journal has continued its series, "NYREJ One-on-One" with Rick Kaplan on YouTube. This week Kaplan talks with

Former JP Morgan Chase and Marathon Oil executives Clark and Ellis to form infrastructure fund

New York, NY Two former senior executives at JP Morgan Chase and Marathon Oil are in the process of forming a fund to address infrastructure shortcomings in undeserved communities, including providing broadband access to rural and urban neighborhoods in the

Shorewood Real Estate Group and Bridge Investment Group close on $88m construction loan

Queens, NY Shorewood Real Estate Group, in partnership with Bridge Investment Group, closed on an $88 million loan to finance the construction of 1 Archer Ave. Apartments in the Jamaica neighborhood.

Construction Law: Commercial leases during the Pandemic - by C. Jaye Berger

The issue of how to handle the non-payment of commercial rent in New York City, as a result of the Pandemic, is a big one. Many commercial tenants have tried the approach of

IIDA NY Chapter elects Ruby as president for 2020-2021 term

New York, NY The International Interior Design Association’s New York Chapter (IIDA NY) celebrated the inauguration of Erin Ruby, IIDA, CID, as chapter president for the 2020-2021 term.

Crisalli, Crisalli and Arcuri of SRG sell 13,452 s/f for $1.42m; firm completes two additional sales totaling $690,000

Syracuse, NY Syracuse Realty Group (SRG) has completed the following transactions: 135 E. Water St. was sold for $1.42 million. The 13,452 s/f historic Hanover Sq. mixed-use building contains