Category: Owners Developers & Managers

Manhattan, NY Summer Restaurant Week has concluded on August 16th, with more than 600 participating restaurants offering prix-fixe lunch and dinner menus. While exceptional dining can be found throughout the city, 42BELOW offers one of the city’s most diverse collections of dining experiences, replete with Michelin-starred chefs, and spanning refined steakhouses to K-town standouts, all within the same Midtown South neighborhood.

Manhattan, NY Inside one particular pocket of Midtown South — the stretch running roughly from the southern edge of Times Square down through the Garment District and Koreatown, and from Bryant Park to Eight Ave. Some locals have started calling it “42BELOW,” and the restaurants, bars, and cafés packed into it are becoming favorites among one of the city’s most discerning communities. 

Morristown, NJ Mayor Timothy Dougherty and the town council awarded the conditional designation of SJP Properties as the redeveloper of 1 North Park Pl., 17-21 North Park Pl., 11-23

Manhattan, NY The Council of New York Cooperatives and Condominiums (CNYC), a non-profit representing nearly a thousand co-ops and condos across New York City, released a set of “Reasonable Recommendations” for the Mamdani Administration

Brooklyn, NY Alloy Development (Alloy) signed three new retailers at the Alloy Block — MUJI, Winner and CardVault by Tom Brady. MUJI is taking 10,000 s/f for its second Brooklyn location, Winner is opening a new 2,726 s/f cafe

This article explains why Delaware Statutory Trust (DST) investors may report taxable income that exceeds their actual cash distributions – a concept that mirrors decades of standard practice in direct commercial real estate ownership.

By January 2027, New York City will begin imposing the new Pied-à-Terre (PAT) tax on cooperative apartments valued by the Department of Finance (DOF) at $1 million or more that are not used as the owner’s primary residence. The tax will create significant and largely unforeseen fiscal challenges

Manhattan, NY Brookfield Properties is proud to unveil The Market Hall at Manhattan West, an elevated, multi-concept dining destination, to one of New York City’s most dynamic neighborhoods. Spanning two levels, The Market Hall combines thoughtful design with a vibrant atmosphere, bringing together a curated collection of new food and beverage concepts, including a rooftop terrace bar.

Manhattan, NY According to AmTrustRE, a national real estate owner-developer with more than 12 million s/f of commercial, mixed-use and residential properties across the Northeast, Midwest, and Sunbelt, the New York City Taxi and Limousine Commission (TLC) has selected 250 Bdwy.

Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has arranged a new lease signing with Solerum, an elevated Hawaiian-Caribbean-Asian fusion restaurant, at the base of luxury rental apartment building 2 Gold St.

Hempstead, NY Fred Parola, chief executive of the Town of Hempstead Industrial Development Agency (IDA), has approved a new lease at Green Acres Mall for Burlington. It will be the off-price retailer’s second store at Green Acres.

Port Jefferson, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has closed on a package of economic incentives for a proposed 73,430 s/f, 53-unit