Category: Brokerage
Excess Business Loss limitation – Effective for 2021- By Sandy Klein
November 22, 2022
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.
Discussing renovations of condo units – understand the basics beforehand - by C. Jaye Berger
November 22, 2022
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
Three magical words - by Rod Santomassimo
November 22, 2022
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
Landlords that foresee how emerging metaverse technology will change the demand for CRE should outpe...
November 22, 2022
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.
Deferring capital gains from the sale of appreciated investment properties - by Michael Packman
November 22, 2022
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
Gil and Kaufman of C&W secure $142.9 million construction financing
November 22, 2022
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.
Raise Commercial and Newmark lease 12,159 s/f
November 22, 2022
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.
Watkins and Algarin of The Oak & Avery Group broker four Westchester sales - $6.16 million
November 22, 2022
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
Rudin secures two lease commitments at 41 Madison
November 22, 2022
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
Newmark Retail signs two new tenants making 14 Wall St. 100% leased; No 1 Caviar and Bio Vita
November 22, 2022
Manhattan, NY Newmark Retail has secured two new leases at 14 Wall St. The firm represented ownership to secure leases with No 1 Caviar for 1,400 s/f and Bio Vita for 1,900 s/f. Adding these two new tenants brings the asset’s retail space to fully leased. Newmark senior
Goldman and Holm of Brown Harris Stevens sell two hotels for $16.91 million to AIDS Healthcare Found...
November 22, 2022
Manhattan, NY Two Manhattan hotels represented by Brown Harris Stevens commercial agents John Goldman and Paul Holm have sold to the global non-profit AIDS Healthcare Foundation.
Question of the Month: What did we in the senior living sector learn from the pandemic? - by Gregory...
November 22, 2022
COVID-19 has had a major impact on reshaping the entire senior living industry with many changes likely to remain for the long term. The pandemic underscored the limitations of the current system, and provided many like us with the opportunity to reevaluate plans for the future and identify best practices
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