Category: Brokerage

NYC fails to provide meaningful relief to thousands of suffering taxpayers - by Peter Blond

NYC fails to provide meaningful relief to thousands of suffering taxpayers - by Peter Blond

July 21, 2020
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
Impact investing: An approach for strong risk adjusted returns in real estate - by Michael Zysman

Impact investing: An approach for strong risk adjusted returns in real estate - by Michael Zysman

July 21, 2020
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
JLL closes $19.85 million sale of Brooklyn development site at  251 Front St.

JLL closes $19.85 million sale of Brooklyn development site at 251 Front St.

July 21, 2020
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
Conway Capital secures $8.892 million loan from Urban Standard Capital; Gleitman of Mercury Capital assists

Conway Capital secures $8.892 million loan from Urban Standard Capital; Gleitman of Mercury Capital ...

July 21, 2020
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.
Holt Construction delivers redesign of LaGuardia’s Terminal B headhouse with LaGuardia Gateway Partners

Holt Construction delivers redesign of LaGuardia’s Terminal B headhouse with LaGuardia Gateway Par...

July 21, 2020
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
“Gross negligence” revisited - by Thomas Kearns

“Gross negligence” revisited - by Thomas Kearns

July 21, 2020
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
Zar launches KLOUD

Zar launches KLOUD

July 21, 2020
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.
Which NYC neighborhoods have the best–and worst–air quality, according To New Yorkers? - by Ioana Neamt

Which NYC neighborhoods have the best–and worst–air quality, according To New Yorkers? - by Ioan...

July 21, 2020
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
B6 Real Estate Advisors welcomes Ahlers

B6 Real Estate Advisors welcomes Ahlers

July 21, 2020
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
Rockwell Group and Shawmut partner in pro-bono design for Melba’s outdoor seating in Harlem

Rockwell Group and Shawmut partner in pro-bono design for Melba’s outdoor seating in Harlem

July 21, 2020
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
Bridgewater Capital Partners arranges $4.1 million for a vacant land acquisition in Newark

Bridgewater Capital Partners arranges $4.1 million for a vacant land acquisition in Newark

July 21, 2020
Newark, NJ Bridgewater Capital Partners has arranged $4.1 million for a vacant land acquisition. The site, 50 Bruen St., is approved for a
Pacific Retail Capital Partners nominated for nine ICSC MAXI awards

Pacific Retail Capital Partners nominated for nine ICSC MAXI awards

July 21, 2020
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
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