Category: New York City

The “R” word (recession) is back in vogue. The current economic climate marked by rising interest rates, bank failures and consequential stricter lending standards, is putting a damper on economic activity. Economic downturns have a direct correlation with debt servicing. This article takes

Bronx, NY Urban Edge Properties (NYSE:UE) announced that it has signed almost 60,000 s/f in new leases at Bruckner Commons, introducing high-demand concepts to the area to open in the next 12 months. Aldi (21,976 s/f) and Lot Less (15,082 s/f) bring important value/essential retail, while Buffalo Wild Wings Go (1,666 s/f) will introduce a new to-go-only concept highlighting their most popular menu items in a to-go format. Also at the street level

Manhattan, NY Ken Schirripa, an industry veteran with more than 25 years of expertise in technology, infrastructure engineering, and construction management, has joined Rock Brook.

Brooklyn, NY A&E Real Estate today has finalized the acquisition of 14 multifamily buildings in the city’s Gravesend and Sheepshead Bay neighborhoods. A&E acquired the portfolio, which encompasses 1,212 apartments, 306 parking spaces and five commercial units, from The LeFrak Organization for $248.7 million.

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.

Manhattan, NY Real estate investment and management firm Jamestown unveiled the $500 million redevelopment of One Times Sq.

New York, NY BOMA New York’s April Monthly Forum, “New York City Parking Garage Inspections – Local Law 126 of 2021 – New Requirements and

Queens, NY Vista Skywall Systems, one of New York’s fastest growing commercial glass and curtain wall installation firms, completed a new project.

Manhattan, NY According to Spur House Partners the firm has completed the $7 million off-market sale of 166 First Ave., a five-story walk-up between

New York, NY The New York Real Estate Journal (NYREJ) sat down with Stefano Braganti, for a question and answer session. Braganti, executive vice president at HAP

What recent project, transaction or accomplishment are you most proud of? The most recent transaction I am most proud of was 235 Pacific St. in the Boerum Hill section of Brooklyn. After 36-years of ownership, the was

Market dynamics have been impacted greatly due to the COVID-19 pandemic and the displacement of tenants from major cities. Many longtime residents have opted to move to the suburbs due to office closure and desire for more space. A survey of