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SELLING POINTS: Muss acquires $30M Scarsdale property
08
● PRINCE REALTY ADVISORS Adam America sells W’burg apartment building for $84M 123 Hope Street Adam America has sold a Williamsburg apartment building
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New Jersey investor pays $154M for Chicago highrise
08
New Jersey based Strategic Properties of North America (SPNA) has partnered with South Korean investor Mirae Asset Daewoo to acquire a luxury Chicago apartment
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RMS closes record multi-family sale in Westchester
08
RMS Companies has sold its luxury Stratus on Hudson rental building to Ginsburg Development Companies for $39.5 million. The sale price is one of the highest
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Prism Capital donates medical gear to hospital
08
Prism Capital Partners this week delivered a stockpile of critical safety gear – discovered in a former environmental control facility storeroom at its
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CARES Act provides lifeline for hard-working New Yorkers
08
In response to the ongoing Coronavirus (COVID-19) crisis in the United States, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
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Brooklyn is the noisiest borough, but Queens has the worst 3 streets
09
Though most New Yorkers are apt to think that they live in one of the city’s noisiest areas, if they live in Brooklyn, they are probably right.
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Industry looks to IRS for relief on 1031s
08
Some of the nation’s most powerful real estate groups have written to Treasury Secretary Steven T. Mnuchin urging him to temporarily lift restrictions
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New push to train apartment agents on housing law
08
Following a bombshell report by Newsday that showed a disturbing pattern of discrimination by real estate agents against people of color in Long Island
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New Development: Sales launch at LIC waterfront condo
08
● 47-27 5th Street LLC Sales launch at LIC waterfront condo Sales have launched for 8 on 5th, a new building designed with sustainability in mind
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Calls grow for biggest infrastructure program of all time
08
As the corona virus batters America’s economy, construction groups are urging the government to fund more infrastructure improvements to keep the
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Job losses mount as Redfin says workers can make more on unemployment
08
Residential powerhouse Redfin has furloughed 41 percent of workers, giving them “a transition bonus” and health-care benefits through the summer.
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Judge: Courts playing Frankenstein with decades of old rent laws
09
The high court last week moved to protect New York building owners from the “enormous liability” of rent overcharge claims dating back a decade.