On June 4th, 2020, the Internal Revenue Service (IRS) released the highly anticipated coronavirus relief for Qualified Opportunity Funds (QOFs) and their investors. The relief is
Bronx, NY Westbridge Realty Group closed 15 transactions in the borough, totaling over $10 million. The deals include: $1.4 million sale of 2412 Webster Ave., a multifamily building in the Fordham neighborhood
Rochester, NY According to SWBR, DePaul Upper Falls Square Apartments has been recognized with the 2020 Excelsior Awards Honor Award from the New York State American Institute of Architects.
Pittsford, NY According to the Largo Group of Companies, they have completed the following: Kevin Heiss, managing director at the Largo, secured $83.25 million in
New York, NY Two former senior executives at JP Morgan Chase and Marathon Oil are in the process of forming a fund to address infrastructure shortcomings in undeserved communities, including providing broadband access to rural and urban neighborhoods in the
Queens, NY Shorewood Real Estate Group, in partnership with Bridge Investment Group, closed on an $88 million loan to finance the construction of 1 Archer Ave. Apartments in the Jamaica neighborhood.
The upstate New York apartment market was at all-time record levels through February before the pandemic. Among the upstate cities Redfin ranks Buffalo and Rochester as the first and fourth of the 49
The issue of how to handle the non-payment of commercial rent in New York City, as a result of the Pandemic, is a big one. Many commercial tenants have tried the approach of
Chicago, IL According to the National Association of Realtors, (NAR) the 2020 Realtors Conference & Expo, previously scheduled from November 13-16 in New Orleans, will be transitioned to a fully virtual format