Manhattan, NY Marcus & Millichap completed the sale of 34 East 39
th St., a mixed office and retail site, according to John Krueger, regional manager of the Manhattan office. The sale price was
History has shown us that the energy industry responds greatly to fluctuations in the financial markets. With the stock market in distress and international relations on high alert, the price of energy recently hit rock bottom.
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.
On June 4
th, 2020, the Internal Revenue Service (IRS) released the highly anticipated coronavirus relief for Qualified Opportunity Funds (QOFs) and their investors. The relief is
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
Bronx, NY KZA Realty Group has secured two deals that will continue to support the area’s economic development.
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
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
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.
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
