A few months ago, I did not envision the “boys of summer” as the City Council arguing at the 11th hour over the appropriate interest rate to charge suffering landlords throughout the five boroughs. COVID had already closed New York City and the rest of the
There are many investors that have been on the sidelines waiting for distressed opportunities. Unfortunately, distressed opportunities will be limited in this cycle due to the government’s quick and effective intervention by bailing out the banking system, publicly
Brooklyn, NY JLL Capital Markets has completed the $19.85 million sale of the 251 Front St. development site. JLL worked with the seller, , Paul Tocci, and on behalf of the buyer, Cheskie Weisz, to
Brooklyn, NY Conway Capital has closed on a $8.892 million acquisition loan from Urban Standard Capital (USC) to purchase four residential and mixed-use properties.
Queens, NY According to Holt Construction Corp., LaGuardia Airport’s Terminal B headhouse renovation is completed. The $4 billion redesign and fitout of the arrivals and departures hall was
In 2014, I wrote an article for this Journal about typical negotiations over a gross negligence standard in indemnification clauses in management, LLC and other agreements. Under New York law gross negligence is defined as
New York, NY Kimberly Zar launched KLOUD, a female-owned real estate-focused digital marketing firm that provides consulting and marketing solutions to real estate companies and professionals nationwide.
Living in a highly trafficked city like New York comes with plenty of advantages, but it also comes with some unwanted “perks” like congestion, noise, and pollution. So, where in NYC do
Manhattan, NY According to B6 Real Estate Advisors (B6), the firm has appointed Drew Ahlers as associate director in B6’s Capital Advisory Division. Ahlers will be reporting to
Manhattan, NY As New York City officially entered Phase 2 of reopening, the restaurant Melba’s in Harlem debuted outdoor dining designed pro-bono by Rockwell Group and
El Segundo, CA Pacific Retail Capital Partners (PRCP) has been nominated for nine ICSC MAXI Awards. The ICSC Global Awards Program will hold a virtual ceremony on