Category: Brokerage
New York State news: Latest tax news for federal and New York State - by Sandy Klein
May 18, 2021
New York State News: On April 19, 2021, the governor signed into law the New York State budget which has many new tax provisions. Several of the more pertinent provisions follow:
A lawyer discusses building leaks and what to do about them - by C. Jaye Berger
May 18, 2021
Leaks are so common in buildings that at times it seems like rivers and streams are running through them. Water travels so it is not always easy to follow the trail to the source. People have
Big Tech’s increasing employment footprint is going to lead NYC’s post-pandemic recovery - by M...
May 18, 2021
Big Tech companies need to be in locations that house and retain large pools of highly educated and ambitious employees. These companies have seen exponential growth over the past decade and
COVID and the workforce – The new normal? - by William Gati
May 18, 2021
Due to COVID, many people were forced to work from home. As a result, they had to shift their work style. Now they are being asked to come back to the workplace full time. While this may be good news for some
BRG closes two sales totaling $3.211 million
May 18, 2021
Brooklyn, NY Bestreich Realty Group (BRG) handled the following: 117 Jewel St. sold for $1.611 million. The subject is
Mavashev and Egison of Alpha Realty negotiate $5 million sale
May 18, 2021
Manhattan, NY Alpha Realty negotiated the sale of 78-80 Christopher St. in an off-market transaction brokered by Lev Mavashev and Shai Egison. The sale price was
The search for high quality commercial real estate in a low cap rate environment - by Michael Packma...
May 18, 2021
Residential real estate is relatively simple to analyze and determine if asking prices are reasonable. With commercial real estate though, it is not quite as simple – especially in a
Cresa to collaborate with Hickey & Associates
May 18, 2021
New York, NY Cresa, one of the world’s largest occupier-centric commercial real estate firms, has formed a strategic collaboration with Hickey & Associates, a
Ariel Property Advisors arranges $6.9 million refinance loan
May 18, 2021
New York, NY Ariel Property Advisors has arranged a $6.9 million refinance loan for a 23,045 s/f, 20-unit portfolio across Brooklyn and Queens. A team led by
Eastern Union arranges $53.745 million for four commercial properties
May 18, 2021
New York, NY Eastern Union, one of the country’s largest commercial real estate finance firms, has arranged financing totaling $53.745 million for
Annual interested director/manager reports for condominiums and cooperatives - by Thomas Kearns
May 18, 2021
In 2018 New York’s legislature passed new Section 727 of the Business Corporation Law (BCL) requiring annual disclosure to condominium unit owners and housing cooperative shareholders of
Klosed Properties acquires retail condo from Ryback Development
May 18, 2021
Brooklyn, NY Klosed Properties has acquired a corner retail condominium unit located at 365 Leonard St. The acquisition price was $1.336 million.
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