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The Wizard of OZ (that’s “Opportunity Zones”) The Round 2 Regs - by Dan Flanigan

The much anticipated second round of OZ regulations (Round 2 Regs) arrived on April 17, 2019 and provided a number of important clarifications, most of which are favorable to taxpayers, especially for operating businesses that are

Resnick & Sons complete two leases at 199 Water St. totaling 94,965 s/f

Manhattan, NY According to Jack Resnick & Sons, two companies have signed new leases and expansions totaling 94,965 s/f at 199 Water St.

Kopelowitz and Corde Rosenberg & Estis reps. 159 23rd LLC in Civil Court

Manhattan, NY Rosenberg & Estis, P.C. continues its representation of landlord 159 West 23rd LLC in a holdover proceeding against its commercial tenant

Storage Deluxe acquires 74 Bogart St., 80,000 s/f warehouse for $45.5 million; Kassin Sabbagh Realty and Cohen & Perfetto act for purchaser

Brooklyn, NY Storage Deluxe, a Manhattan-based owner and developer, has acquired 74 Bogart St. for $45.5 million. The 80,000 s/f vacant warehouse will be redeveloped into a…

Fridman of Barcel Group brokers sales of three buildings: $7.287 million total

Brooklyn, NY Barcel Group completed the sale of three buildings. The properties are: 837 Manhattan Ave., 2405-2409 Nostrand Ave. and 1024 New York Ave. The sale of the three properties totals

Exact Capital renovates/preserves 650 rental units, 25 stores in Harlem

Manhattan, NY Exact Capital has renovated and preserved 650 affordable residential rental units and 25 stores in 29 buildings, including 166 West 120th St., in Central Harlem between 113th and 152nd Sts.

Outside the Region: Rafinia Property Group facilitates sale of Central Plaza Retail Center for $1.7 million

Church Hill, TN Rafinia Property Group (RPG) has facilitated the sale of the Central Plaza Retail Center for $1.7 million. Central Plaza Retail Center is a 43,700 s/f retail strip center with

Greiner of Greiner-Maltz Co. of LI collaborates with Dunn of Atlantic Property Services in 47,000 s/f lease

Hauppauge, NY Package All has taken the art of logistics and made it a science. Servicing the healthcare, pharmaceutical, cosmetics, sports, fitness and food & beverage industries, they hold their clients’ bulk packaging inventory and

Bohemia Realty Group launches new staging divison: Bohemia Staging

New York, NY Bohemia Realty Group, a full-service real estate brokerage, has launched Bohemia Staging, a new division providing interior design services for model apartments in new developments and virtual staging for

CREW New York holds luncheon: “Reaching New Heights in Brooklyn”

Brooklyn, NY CREW (Commercial Real Estate Women) New York brought together a panel of women to its luncheon event, “Reaching New Heights in Brooklyn.” Kristie Maduro, Karen Hu, Sally Gilliland, Lissa So and Tina Isselbacher discussed their backgrounds and careers in