Real Estate Law: Tax-exempt commercial leasehold condominiums take hold on Long Island - by Judy Lynn Simoncic and Nathan Jones

Tax-exempt commercial leasehold condominiums on Long Island require navigation of additional regulations. The New York State Condominium Act (Real Property Law Article 9-B) permits tax-exempt organizations to acquire

Douglas Elliman launches Elliman Studio

Manhattan, NY Douglas Elliman Real Estate has launched its all-new digital business management platform for agents, Elliman Studio. Featuring a full-service toolkit of client relationship management, marketing and

Thru the Lens: Cisneros and Manhattan borough president Brewer visit MHACY

Yonkers, NY Former Housing and Urban Development secretary Henry Cisneros and Manhattan borough president Gale Brewer visited the offices of Municipal Housing Authority Yonkers (MHACY) October 4^th for a

Thru the Lens: Honeywell’s 2019 Technology Symposium

Manhattan, NY According to Jaros Baum & Bolles, (JB&B) Min Kyriannis, cybersecurity/technology business development lead at JB&B, spoke at Honeywell’s 2019 Technology Symposium on October 10

Marriott International acquires W New York – Union Sq.

Manhattan, NY According to Marriott International, Inc., it has purchased the 270-room W New York – Union Sq. for $206 million. The company plans a renovation for the 20-story hotel, located at 201 Park

Thru the Lens: LaBarbera of Building and Construction Trades Council of Greater NY leads tour of Forham Landing

Bronx, NY A tour of the future site of Fordham Landing, Dynamic Star’s planned $3.5-billion development along the Harlem River in the University Heights neighborhood is led by Gary LaBarbera, president,

T. Weiss Realty leases 3,434 s/f class-A office space
to Windstream Communications at Melville Corporate Center I

Melville, NY According to T. Weiss Realty Corp., Windstream Communications Inc., has leased 3,434 s/f of class-A office space at Melville Corporate Center I, 105 Maxess Rd. Melville Corporate Center I, which has 149,000 s/f, is 95% leased.

Mortgage break-up fees - by Thomas Kearns

Is a $2 million break-up fee in a term sheet for a $250 million mortgage “grossly excessive” and “not customary in the industry?” We may soon find out as a result of a lawsuit brought in New York under New York law against

MDG, Smith & Henzy Advisory, and KMX Group complete $25 million redevelopment project in Buffalo

Buffalo, NY The $25 million renovation and preservation of Buffalo’s Riverview Manor Apartments and Piotr Stadnitski Gardens has been completed. Together, the developments offer 210 affordable homes

Daniel Gale Sotheby’s Int’l. holds meetings/events to support agents

Cold Spring Harbor, NY The marketing department at Daniel Gale Sotheby’s International Realty has been busy this fall, holding meetings and events to support agent success. The first group of meetings,