Front Section

Rights of first refusal - by Bryan Anderson and Thomas Kearns

Rights of first refusal (ROFRs) in real estate transactions are common, as is the litigation surrounding them.  One of the reasons for the frequency of litigation is that, if not thoughtfully and carefully drafted, ROFRs can be broader reaching than intended and can obstruct future deals.

Bohemia Realty Group grows 25% in Q1 2019

New York, NY Bohemia Realty Group, a full-service real estate brokerage specializing in the sale and leasing of residential and commercial properties in Upper Manhattan and the Bronx, as well as the greater New York City area,

Marcus & Millichap agent for 36 Walker Street

New York NY Marcus & Millichap has been selected to exclusively represent 36 Walker Street Properties LLC in the sale of 36 Walker St., according to John Krueger, regional manager of the firm’s Manhattan office.

Security tokenization and real estate: How blockchain is changing property investing - by Katya Fisher and Mark Fawer

In today’s digital world technology continues to both enhance and transform traditional processes and real estate is no exception. One exciting technological development is what is known as “tokenization.” This article seeks to provide a plain English explanation of tokenization, its potential benefits...

Executive of the Month: Jauregui, director at Greysteel, thrives on fast-paced challenges presented daily in CRE

New York, NY The New York Real Estate Journal sat down with Miguel Jauregui, a director at Greysteel, for a question and answer session.
NYREJ: What do you like most about your job?
Jauregui: What I love most about my job is that I don’t see it as a job...

Meshil of Royal Properties completes two leases totaling 3,629 s/f

Pleasant Valley, NY Royal Properties, Inc. has completed two retail leases: Hudson Family Spa, LLC signed a five-year lease with one five-year option for 1,884 s/f at Milestone Sq., a 94,500 s/f shopping center located

Amy’s Kitchen breaks ground on new 389,000 s/f facility in Orange County

Goshen, NY According to governor Andrew Cuomo, Amy’s Kitchen, a leading organic food manufacturer, has broken ground on its East Coast hub–a 389,000 s/f specialty frozen food manufacturing facility

Kimco Realty sells 629,575 s/f Latham Farms to The Davis Cos.; Newmark Knight Frank orchestrates sale

Latham, NY Newmark Knight Frank (NKF) completed the sale of Latham Farms to The Davis Cos. On behalf of Kimco Realty Corp., vice chairman Geoffrey Millerd, senior managing director Justin Smith and director Paul Penman of

Construction begins on $72 million Nevins St. Apartments development

Brooklyn, NY According to governor Cuomo, construction has started on Nevins St. Apartments, a $72 million mixed-use affordable and supportive housing development downtown. The development complex includes

Vacker of Meringoff Props. wins “Most Innovative Tech. Deal of the Year” for JVP Lease at 462 Broadway

Manhattan, NY According to Himmel + Meringoff, Jason Vacker, president and CEO of its management company (Meringoff Properties), was honored at the American Friends of Rabin Medical Center Real Estate