There is no defined holding period requirement for the property acquired in a 1031 exchange, although the IRS has taken the position that a disposition shortly after the 1031 could invalidate the 1031 transaction because the replacement property is not considered to be held for investment or for use in a trade or business…
New York, NY The Young Men’s/Women’s Real Estate Association (YMWREA) held a members-only luncheon on Tuesday, April 9th. Simon Ziff, president of Ackman-Ziff spoke at the monthly event. The next luncheon is scheduled for May 14th.
Uniondale, NY According to Forchelli Deegan Terrana LLP, associates John Bues, Nicole Forchelli and Nathan Jones have become partners.
Rye Brook, NY According to Houlihan Lawrence (HL), Jeffrey Smith has been named brokerage manager of its East Fishkill office, and added agent Kathryn Kempton to its Bronxville team.
Bronx, NY GFI Realty Services, LLC brokered the $4.1 million sale of 2077 Vyse Ave. and 951 East 179th St., two four-story apartment buildings in the West Farms neighborhood. GFI Realty managing director Yosef Katz and associate Zachary Fuchs represented
New York, NY According to iStar Inc., Douglas Heitner has been appointed as chief legal officer, replacing Nina Matis who is retiring as vice chairman and…
White Plains, NY The Westchester County Industrial Development Agency (IDA) approved resolutions of intent to provide financial incentives for three residential developments in the…
Manhattan, NY Rosewood Realty completed the $3.75 million sale of a four-story Harlem townhouse between 125th and 126th Sts. with eight apartments.
New Rochelle, NY Greiner-Maltz Realty Advisors LLC has completed the sale of 27 Centre Ave. The property, which was previously used as a dry-cleaning facility and was…
Pearl River, NY JLL has completed a new transaction at the New York Center for Innovation at 401 North Middletown Rd. RK Pharma, which specializes in
