Deals & Dealmakers
State lawmakers revive 421a tax break
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The New York State Legislature has revived the 421a tax abatement program, ending a stand-off that has persisted for over a year. Now rebranded as Affordable
Deals & Dealmakers
Circle F Capital planning 11-story mixed-use building in LIC
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Circle F Capital has filed plans to build an 11-story residential and commercial building near MoMA PS1 in Long Island City. According to a permit application
Deals & Dealmakers
Savanna closes on $640M buy at 5 Bryant Park
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Savanna has closed on its $640 million acquisition of of 5 Bryant Park from Blackstone. The New York City-based investment manager, owner/operator and
Deals & Dealmakers
Commercial real estate women holding all the power
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By Amanda Marsh When EisnerAmper tax partner Lisa Knee moderates panel discussions, she often tells the speakers about a situation that happened between
Deals & Dealmakers
Brazil first woman to earn Tall Buildings accolade
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Thornton Tomasetti vice chairman Aine Brazil has become the first female engineer to win the Council on Tall Buildings and Urban Habitat’s (CTBUH) Lifetime
Deals & Dealmakers
The President gets it, says Cuomo
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It began with a YouTube video, a five minute compilation of crumbling cement and pooling saltwater in the Amtrak train tunnels beneath the Hudson River.
Retail
Insomnia Cookies inks Harlem lease
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Thor Equities Group has leased 1,300 s/f at 17 West 125th Street in Central Harlem to Insomnia Cookies,. The expanding bakery chain signed a long-term
Deals & Dealmakers
REBNY, unions remain “far apart” on 421a deal
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Almost four months after the expiration of the 421a tax break, real estate representatives and labor unions are starting to forego civility, trading barbs
Technology
Report: Loo clues is putting office hygiene onto the internet of things
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With more smart connected objects entering the workplace, office employees are becoming more open to connecting devices related to hygiene, according to
Construction & Design
Majority Leader John Flanagan reflects on missed opportunities at NYBC forum
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New York State Senate Temporary President and Majority Leader John J. Flanagan offered a wide-ranging update on the recently-concluded legislative session
Residential
New Compass HQ has flex appeal
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Productivity and energy were the key design concepts for the new-look Compass HQ at 90 Fifth Avenue in Union Square. Vocon, the architectural and design
Deals & Dealmakers
Online furniture upstart takes 340,000 s/f in Jersey
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In a relocation move that more than doubles its New Jersey footprint, online furniture and home decor brand Article has leased 341,000 s/f to become the