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Opportunity Zone sales jump 90 percent in the Bronx
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After federal tax reform introduced the Opportunity Zone program in late 2017, a significant portion of the New York City real estate community evolved
Construction & Design
CODE BREAKERS: Crane collapses onto a car, illegal home conversions and other DOB violations
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The New York City Department of Buildings released its November 2018 enforcement bulletin, which provides highlights of the agency’s actions to sanction
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Solly says ‘everything is fixable’ even after facing city’s wrath
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Almost exactly a year ago, developer and Principal of Assa Properties, Salim “Solly” Assa, was at the center of the largest settlement of its kind.
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City’s deputy mayor for housing and development to step down
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Deputy Mayor Alicia Glen, known as the city’s development czar, will be stepping down from the administration, according to City Hall. In her role as deputy
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HPD allocates $18M in tax credit for 13 affordable housing projects
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The New York City Department of Housing Preservation and Development announced the allocation of $18.1 million in housing credits for 13 developments that
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Faith Hope Consolo, retail power broker, dies at 73
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New York real estate stalwart and self-described “Queen of Retail,” Faith Hope Consolo, died unexpectedly at the age of 73 leaving behind a legacy of success
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Knotel pens 100,000 s/f more in leases
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Knotel announced that signed another five office transactions totaling 99,486 s/fK in New York City. The new transactions follow closely on the heels of
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$31M Buffalo housing starts construction
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Governor Andrew Cuomo announced the start of construction on a $31 million affordable and supportive housing development on Buffalo’s East Side.
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Leasing spree for Brooklyn Navy Yard in 2018
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A strong economy, bolstered by tax cuts and other pro-business policy shifts, gave a helping hand to real estate throughout the city. The Brooklyn Navy Yard
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Experts discuss commercial forecast for 2019
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In most any business, being the first to recognize trends is both a useful and fruitful skill, and for commercial real estate, things are no different.
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TOWN hosts Dreeland exhibition
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A site-specific installation and exhibition of works of by NYC Pop Artist M.Dreeland was hosted by Therese Bateman and Andres Perea-Garzon of TOWN, Fifth Avenue.
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Cronheim Capital arranges $19.5M refinancing of Dallas hotel
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Cronheim Hotel Capital arranged a $19,500,000 refinancing of the Courtyard Dallas Carrollton and Conference Center. The loan was placed with a national