Sant Chatwal set to follow hotel market to outer boroughs
Hotel magnate Sant Chatwal was a pilot in India, a teacher in Ethiopia, and an international restaurateur before making a splash in the hospitality world. … Continued
Category : Blog
WHO’S NEWS: Commercial appointments and promotions
Newmark Knight Frank (NKF) announced that Alexander (Sandy) Paul and Jonathan Mazur have both been promoted to senior managing director, national research. Together, they will lead a team of more than 70 professionals who serve the firm’s leasing, tenant representation, investment sales, finance and other lines of business. Jonathan Mazur joined NKF’s capital markets research …
New plan for nationʼs fastest growing neighborhood
By Elizabeth Lusskin, president, LIC Partnership The only truly mixed-use âcity within New York City,â Long Island City, Queens, located directly across from Midtown Manhattan, is undergoing a period of explosive transformation, being recently labeled as the fastest growing neighborhood in the US. Some of the cityâs key corporations already have their offices here, and â¦
Michael Aryeh buys Washington Heights apartment building for $30.8M
Landlord Michael Aryeh has just acquired a six-story apartment building in Washington Heights for $30.8 million. The 76,536 s/f property, located at 366 Fort Washington … Continued
Report: Regulated energy more cost-effective for property owners
Regulated energy, which comes attached with fears of price-gouging from monopolies, may be the more cost-effective option for property owners. According to case studies from … Continued
P3RE acquires stake in SJP Properties’ Somerset Corporate Center in NJ
SJP Properties announced that P3RE has made an equity investment to become a partner in three of the five Class-A office buildings comprising Somerset Corporate Center in Bridgewater, N.J. The partnership aligns P3RE, a Jackson, N.J.-based real estate company that has quickly positioned itself as a significant player in the New Jersey commercial real estate …
Photographer partners with ABS to take Headshots for Hurricane Help
Real estate brokers who want to put their best face forward with flattering professional headshots will be able to work with one of the industry’s … Continued
Zara Realty lands $54.5M loan for five-building Queens portfolio
Zara Realty has secured a $54.5 million New York Community Bank loan for a five-building portfolio in Queens, according to city records. The properties, with the … Continued
ABS Partnersʼ building going under Urban Umbrella during facade work
ABS Partners Real Estate is set to become the first New York City landlord to utilize a new, modern and aesthetically pleasing sidewalk scaffold bridges. The firm, which manages upwards of eight million square feet of commercial space in New York City, is partnering with Urban Umbrella, a specialty scaffolding...
How to make REBNYâs listing syndication service work for you
Last week, The New York Times announced they will provide readers with residential real estate listings from the Real Estate Board of New Yorkâs (REBNY) … Continued