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Outside the Region: Greystone provides $91.587 million Freddie Mac acquisition loan

Philadelphia, PA Greystone has provided a $91.587 million Freddie Mac loan for the acquisition of Lincoln Green, a 636-unit multifamily prop...

Fordham Real Estate Institute names Executive Advisory Council

New York, NY The Fordham Real Estate Institute (REI) has named its Executive Advisory Council (EAC).  Twenty of real estate’s ...

Question of the Month: Opportunity Zones: What questions did the U.S. Treasury answer on October 19, 2018? - by Dan Flanigan

Like most statutes, the Opportunity Zone (OZ) provisions of the 2017 Tax Cuts and Jobs Act, which have created such excitement in the real estate investment and development world, left many critical issues unresolved and questions unanswered, delegating to the U.S. Treasury the task of grappling with such issues and questions in regulations and rulings. 

Dramatists Guild Foundation honors Consolo at gala

Manhattan, NY The Dramatists Guild Foundation (DGF) will honor Faith Hope Consolo, chairman of Douglas Elliman’s Retail Group and reno...

Lunzer of EMH Commercial negotiates $1.637 million sale of Bed-Stuy development site

Brooklyn NY EMH Commercial Realty completed the sale of 554 Gates Ave. for $1.637 million. This property is a redevelopment site in the Bedf...

AssetCRG sells Queens retail property for $1.175 million

Queens, NY Asset Commercial Realty Group (AssetCRG) completed the sale of 116-31 Sutphin Blvd., a 3,430 s/f corner retail property in the Ja...

Grand Lux Realty and Benchmark Property Management team up

Mamaroneck, NY According to Grand Lux Realty, it continues to grow its  Westchester County presence via a recent partnership with Bench...

Westchester County IDA approves $76.8 million in financial incentives

Harrison, NY The Westchester County Industrial Development Agency (IDA) has unanimously approved a resolution of intent to provide financial...

Ariel Property Advisors facilitates two sales totaling $9.7 million: Multifamily sells for $5.2 million and mixed-use property for $4.5 million

New York, NY Ariel Property Advisors facilitated the sale of two assets, which sold for a collective $9.7 million. 347 Manhat...

GDC unveils plans for White Plains City Square

White Plains, NY Ginsburg Development Cos., LLC (GDC) has unveiled its vision and plans for the transformation of the former Westchester Fin...