On June 4
th, 2020, the Internal Revenue Service (IRS) released the highly anticipated coronavirus relief for Qualified Opportunity Funds (QOFs) and their investors. The relief is
Bronx, NY Westbridge Realty Group closed 15 transactions in the borough, totaling over $10 million. The deals include: $1.4 million sale of 2412 Webster Ave., a multifamily building in the Fordham neighborhood
Bronx, NY KZA Realty Group has secured two deals that will continue to support the area’s economic development.
New York, NY The
New York Real Estate Journal has continued its series, "NYREJ One-on-One" with
Rick Kaplan on
YouTube. This week Kaplan talks with
New York, NY Two former senior executives at JP Morgan Chase and Marathon Oil are in the process of forming a fund to address infrastructure shortcomings in undeserved communities, including providing broadband access to rural and urban neighborhoods in the
Queens, NY Shorewood Real Estate Group, in partnership with Bridge Investment Group, closed on an $88 million loan to finance the construction of 1 Archer Ave. Apartments in the Jamaica neighborhood.
The issue of how to handle the non-payment of commercial rent in New York City, as a result of the Pandemic, is a big one. Many commercial tenants have tried the approach of
New York, NY The International Interior Design Association’s New York Chapter (IIDA NY) celebrated the inauguration of Erin Ruby, IIDA, CID, as chapter president for the 2020-2021 term.
Syracuse, NY Syracuse Realty Group (SRG) has completed the following transactions: 135 E. Water St. was sold for $1.42 million. The 13,452 s/f historic Hanover Sq. mixed-use building contains
Brooklyn, NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) was the sole broker in the $994,999 sale of 448 E 46
th St. located between Church and Snyder Aves., in the East Flatbush neighborhood.
