Since March 2020, when the COVID-19 outbreak took over the country and world, I have been spending a majority of my time walking the streets while living in Manhattan. Many building owners and investors in
Manhattan, NY According to SL Green Realty Corp., it has closed on a new $510 million mortgage financing secured by 220 East 42
nd St. The loan was provided by a lending group led by Aareal Capital Corp., Citi and Credit Agricole.
Brooklyn, NY Goldcap Real Estate Advisors completed the sale of 1916 Prospect Pl. in the Ocean Hill neighborhood. The building consists of four renovated, free market apartments across 3,126 s/f
With approximately $500 billion spent on infrastructure in the U.S. annually, ensuring large-scale infrastructure—like buildings and bridges, pipelines, roadways, and
Plainview, NY According to Hunt Corporate Services, Inc., PromptCare Infusion LLC has leased 6,107 s/f of industrial/flex space at 51 East Bethpage Rd. David Hunt represented the
Manhattan, NY According to Zar Property NY and Norman Bobrow & Co., Sud De France, economic development agency for the Occitanie Region in South of France, signed a 4,750 s/f lease at 250 West 54
th St. in Midtown.
New York, NY AmTrust Title Insurance Co., a subsidiary of AmTrust Financial Services, Inc., has entered into a multi-year partnership with ProDeal, a leading deal management platform in the real estate finance industry.
Queens, NY According to RockFarmer Properties, The Rowan, Astoria’s new ground-up condominium, is 35% sold in five months. The DXA studio-designed condo, where
Port Chester, NY According to CBRE, Target has signed a two-level 89,781 s/f lease at the newly rebranded Gateway Port Chester. Target will be moving into space that includes
When real estate investors sell property, they often defer any capital gains using the like-kind, tax deferred exchange, provided for in Internal Revenue Code Section 1031. As explained in the tax regulations:
