Brooklyn, NY Industry City, the 35-acre mixed-use complex comprising sixteen waterfront buildings in Sunset Park, said that American Outcomes Management LP (AOM), a leading specialty infusion provider focused on intravenous immunoglobin (IVIG) infusion therapy, signed a seven-year lease for
A recent United States Supreme Court opinion has significant impact on New York’s Real Property Tax Law. Tyler v. Hennepin County, Minnesota, decided on May 25, 2023, ruled it unconstitutional for a taxing authority to foreclose upon and sell property based upon a failure to pay taxes without a procedure for the property owner
As part of the New Jersey (NJ) Clean Energy Act, beginning October 1, 2023, buildings over 25,000 s/f are required to benchmark their building’s aggregate energy and water usage data to the NJ Board of Public Utilities (BPU) on an annual basis. Logical Buildings is certified by the NJBPU to fulfill
Long Island City, NY Cushman & Wakefield served as the exclusive advisor to Brause Realty in the procurement of $30 million in refinancing for Brewster LIC, a 700,000 s/f office property located at 27-01 Queens Plaza North. The loan was provided by Apple Bank.
Long Island City, NY Newmark has arranged a 22,725 s/f lease renewal on behalf of ownership Atlas Capital Group, LLC, at their office building, The Factory, located at 30-30 47
th Ave. The tenant, Transel Elevator & Electric, Inc. (TEI Group), signed an early, 10-year lease extension
Brooklyn, NY Brand Urban said that Caffè Panna, the Italian-inspired ice cream brand helmed by Hallie Meyer, will open its second location early next year, expanding to 34 Norman Ave. Caffè Panna Greenpoint is slated to open in the spring of 2024, targeting as early as
Manhattan, NY According to Manhattan Skyline Management Corp., New York City independent coffee shop Madame Bonté Café has opened at 205 East 66
th St. on the Upper East Side.
Manhattan, NY Invictus Property Advisors negotiated the closing of the “Blue Flame” buildings adjacent to the Columbia University Expansion Project at 523-525 West 125
th St. in Manhattanville. The two three-story buildings were owned by the same partnership for over 50 years.
Manhattan, NY Axiom Capital has structured and arranged a $22 million permanent loan (five years, fixed rate, three years I/O, five years ext. opt., non-recourse) for the refinance of a mixed-use multifamily property in the Financial District.
Bronx, NY Marking the largest first-half cycle in Wells Fargo history, Wells Fargo’s Community Lending and Investment (CLI) group closed $780.3 million in financing for five New York City-area affordable housing projects in the month of June. See below for a summary of each project
