Washington, D.C. Standard Communities has established three new, diversified business lines to build on its success of providing sustainable housing. The three dedicated business lines—acquisition/redevelopment, new construction and essential housing—will leverage and align the strengths
We have always heard that in life the only two things for certain are death and taxes. This may be true but the more accurate point regarding taxes is that there is constant change. In this article we will focus on a change impacting many and is now effective. The change involves the Excess Business Loss (EBL) limitation.
Many of the new residential buildings which have been constructed in recent years are condominiums. Given that fact, it is increasingly important for anyone thinking of buying a condominium unit and for anyone already living in a condominium to understand the unique aspects of the make up of a condominium association before embarking
Earlier last month I was getting ready for the biggest professional event of my 40+ year career. I had been working every day, for the prior six months on developing a dream CRE brokerage event, we called “MassimoCon”. My goal was to make it the greatest conference in the brokerage industry
The Metaverse is defined as “a virtual reality space in which users can interact with an environment generated by computer and with other users” by the Oxford Advanced Learner’s Dictionary. Most of us in the commercial real estate business have been operating in the metaverse for decades without even realizing it.
When investing in real estate, the key is to buy a property well and then sell it for a profit at some point in the future. Many investors know they may be able to utilize Internal Revenue Code Section 1031 and exchange their property for a replacement property and defer their capital gains. This has been one of the
Brooklyn, NY Cushman & Wakefield served as the exclusive advisor to Senlac Ridge Partners and The William Macklowe Company in the procurement of $142.9 million in construction financing for a mixed-use development project located at 120 Fifth Ave. in Park Slope.
Manhattan, NY Raise Commercial Real Estate has signed a five-year, 12,159 s/f lease with Leap at 99 Hudson St. in Tribeca. Leap’s new space will serve as the company’s New York City headquarters.
White Plains, NY The Oak & Avery Group negotiated the sale of four Westchester County properties totaling $6.16 million. • 54-60 Russell St., White Plains, a 15-unit mixed-use assemblage purchased by a NYC-based firm, Russell Portfolio LLC, for
Manhattan, NY Rudin has completed two leases, totaling 18,650 s/f, at 41 Madison Ave., its recently repositioned office tower located in the Midtown South’s Flatiron District. Online home building platform, Welcome Homes, is more than doubling its
