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Shawmut Design and Construction launches Mental Health & Wellness Leadership Group during safety week

Shawmut Design and Construction, a leading $1.3 billion national construction management firm, hosted its 14th annual Safety Week, focusing on physical and mental health, safety, and well-being. The week consisted of 731 events and training sessions held across 133 locations

New multi-family development continues to evaporate as State Legislative session nears conclusion

The Real Estate Board of New York (REBNY) released its April 2023 Multi-Family Foundation Plan Application Report. This monthly report reviews applications for residential building foundations submitted by developers to the NYC Department of Buildings (DOB), providing a helpful

A new era for mental health in the workplace - by Les Hiscoe

We are in a new, much-needed era for prioritizing mental health at work. Businesses only perform as well as their employees, and nearly one-fifth of U.S. workers rate their mental health as fair or poor. Leaders across industries must be in lockstep with this paradigm shift to create an effective, supportive mental

Simone of Concourse Realty Partners arranges $7 million sale of 13,000 s/f building

Bronx, NY David Simone of Concourse Realty Partners arranged the sale of 200 East 167th St. in the Bronx for $7 million. The 13,000 s/f building consists of 5 commercial spaces and sold for a 5.5% cap rate

DOS indicates it will audit licensees and their use of corporate titles - by Anthony Gatto & Liz Celeone

Recently, the Department of State (DOS) indicated it would be auditing licensees and their use of corporate titles. The DOS issued two opinions prohibiting the use of corporate titles by associate brokers and salespersons. There is no exception merely because the licensee practices commercial real estate or is a member of team. These (opinions) prohibit a real estate salesperson from holding voting stock or being

Benefits of NYSCAR Membership - by Ira Zucker

Advocacy at the State CapitolNYSCAR is passionate about the laws that affect all of us, on local, state and national levels. Our affiliations with NYSAR and NAR give us a voice in opposing legislation that would hurt our industry as well as in supporting positive legislation. This political “watch dog” function

New York Real Estate Education Changes/Requirements by Licensing Law - by Edward Smith

Prior to July 1, 2021, if you were a Real Estate Broker for 15 years or more you were exempt from taking Continuing Education courses, known as being “Grandfathered”. As of July 1, 2021, Grandfathering ended and all real estate licensees must take 22

PH Realty Capital & Rockledge purchase 53,815 s/f building for $11.35 million

In partnership with Peter Hungerford of PH Realty Capital, David Kaye and Joe Listhaus of Rockledge purchased 401 and 405 Edgecombe Ave. The purchase includes two contiguous walk-up buildings

Why promotional products work - by Carlton Cooper

Promotional products, also known as advertising specialties, are an effective marketing tool because they generate goodwill, increase brand recognition, and create a lasting impression on customers. Promotional merchandise is any item branded with a logo or message that is gifted to promote a brand, product, service, or message. 

Matheos Realty closes sale on two properties
for $4 million totaling 25,240 s/f

Brooklyn, NY Matheos Realty Group has closed the sale of two multifamily properties in East Flatbush for $4 million. The properties, located at 795 Linden Blvd. and 229 East 52nd St., were sold to a private real estate