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A.G. sues Queens Landlords for 500k in evaded taxes
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A duo of Queens landlords is being sued by New York Attorney General Barbara Underwood for attempting to evade nearly $500,000 in property taxes via a
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MBB completes glass work at St. Patrick’s Cathedral
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Incorporating innovative, minimalist glass elements alongside exacting preservation work, the firm MBB (Murphy Burnham & Buttrick Architects) has helped
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Syracuse launches infrastructure institute
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Syracuse University has launched an Infrastructure Institute with the aim of facilitating the effective and efficient development of new, modernized and
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Construction spending set to reach historic peak
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New York City construction spending is forecast to reach $61.5 billion in 2018, marking a 25 percent increase from 2017 and a new record for the city
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LEASES: Consulate General of Spain renews 13,841 s/f lease at 150 E. 58th St
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NEW YORK CBRE announced the firm’s latest under-20,000 s/f office leasing transactions in Manhattan. • Snezana Anderson and Bernhard Weinstabel represented
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Varjan looking to stir things up in investment sales sector
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The mid-market investment sales industry is a land of opportunity for one of Lee & Associates’ new senior managing directors. Chris Varjan Chris Varjan
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72,000 s/f SeatGeek HQ to open at 902 Broadway
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SeatGeek, mobile-focused ticket platform, announced a new lease for 72,800 s/f of office space at 902 Broadway in the Flatiron District.
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Feil secures incentive package to build Long Island rental development
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The Nassau County Industrial Development Agency (IDA) has closed on a package of economic incentives for a transit-oriented rental apartment complex planned
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MRC antes up $36M for new Upper West Side condo
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Madison Realty Capital (MRC) announced the closing of a $36.1 million loan collateralized by a mixed-use development site located at 214 West 72nd Street
Opinion
As investors jostle for top talent, it’s good news for boutique office investment
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By Jake Kaiser, director, Goldenwood Property Advisors According to an employment report released by ADP, 230,000 non-farm private sector jobs were added
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L&L, Normandy close on $880M Terminal Stores acquistion
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A new joint venture partnership of L&L Holding Company, Normandy Real Estate Partners and an institutional investor advised by J.P. Morgan Asset Management
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71 Fifth owners get ready for next phase of investment
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PGIM has provided an $88.5 million loan to Madison Capital and Lubert-Adler Partners to refinance 71 Fifth Avenue. 71 FIFTH AVENUE The three-year bridge