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Construction Law: An attorney discusses capital improvements - by C. Jaye Berger

This is the time of year for capital improvement projects, such as facade, cornice and roof repairs. They can occur at any time, but it is also a time period in the cycle of Local Law 11 work when lots of renovation work is being done on façades and

8th annual Real Estate Rockers in Relief concert raises over $150,000 for NECHAMA – Jewish Response to Disaster

New York, NY Real estate professionals rocked out for charity at the 8th annual Real Estate Rockers in Relief concert, which drew over 750 guests to the city’s Irving Plaza.

Ariel Property Advisors hosts networking breakfast June 13th with BMNAR: “Bronx State of Mind”

Manhattan, NY Nearly 100 real estate professionals joined Ariel Property Advisors at its first-ever “Bronx State of Mind” event in Midtown on June 13th. The networking

$3 million Welcome Center at Walkway Over the Hudson State Historic Park opens in Poughkeepsie

Poughkeepsie, NY Governor Andrew Cuomo celebrated the opening of the $3 million Dutchess Welcome Center at the eastern approach to Walkway Over the Hudson State Historic Park. The multipurpose facility creates

Team Lala of RM Friedland brokers $30.5 million portfolio sale

Manhattan, NY According to RM Friedland, Team Lala, led by senior vice president Marco Lala, has negotiated the sale of a nine building portfolio for $30.5 million. With 107 units totaling 91,395 s/f, the deal encompasses two clusters of

The Wizard of OZ (that’s “Opportunity Zones”): Interim gains & reinvestment - by Dan Flanigan

OZ proponents claimed a victory when Treasury, in the recent “second round” of proposed regulations, accommodated, in a limited way, the ability of an OZ Fund2 to sell an asset and reinvest the proceeds before the expiration of the 10-year hold period without

Ariel Property Advisors/Keen-Summit hired for bankruptcy sale of One Bennett Park

New York, NY It has been over a decade in the making, but after much litigation and controversy, the highly-anticipated resolution of One Bennett Park in Northern Manhattan’s Hudson Heights has finally arrived. Otherwise known as 29 Overlook Terrace...

Northwell Health dedicates hospital pavilion to Blumenfeld family to honor their lifetime of giving to Cohen Children’s Medical Center

New Hyde Park, NY Northwell Health recognized the Blumenfeld family in honor of their lifetime giving to Cohen Children’s Medical Center. The new Blumenfeld Family Pavilion was unveiled at a

Capital Property Partners handle $10 million sale of vacant East Village building for Better Living/Whitestone

Manhattan, NY Landlord and property management company Better Living, has acquired a vacant building in the East Village, once home to biker gang, Hells Angels. Daniel Rahmani, Michael Saidian, and Rubens Jourdan of

Ziskin, Lobel, Zeitchik and Frank of BRG facilitate $5.25 million sale; Bestreich, Reynolds, Reynolds and Davila of BRG handle $2.625 million

Manhattan, NY Bestreich Realty Group (BRG) brokered two sales totaling $7.875 million. The sale of 519 East 6th St.: The final closing price is