Category : Editorial Supplements

Editorial Supplements

Bank loan helping Sunset Park co-op move off the grid

REW Staff
Amalgamated Bank’s Real Estate Finance Group is providing financing to a co-operative apartment building in Sunset Park, Brooklyn, that will be used to install a 21st century solar energy system by the end of this year. When the project is completed, residents of Sungarden Homes Association Inc. will reduce their...
Deals & DealmakersEditorial Supplements

First gold certified green restaurant to open in NYC

REW Staff
Apple-Metro, Inc., the New York area Applebee’s franchisee, will open New York City’s first USGBC LEED Gold Certified Restaurant on December 10. The eco-friendly restaurant, located in the East River Plaza at 117th Street, will mark the chain’s 35th Applebee’s location. “We are focusing on green practices and are on...
Editorial Supplements

Matching grants announced for Sandy-hit businesses

REW Staff
A new program will make available $5.5 million in matching grants for New York City businesses most impacted by Hurricane Sandy, Mayor Michael R. Bloomberg. This grant program – which is being funded with $5 million from the Mayor’s Fund to Advance New York City, as well $500,000 from the...
Editorial Supplements

Home improvement, discount and department stores set for uptick

REW Staff
By Faith Hope Consolo, chairman, The Retail Group, Prudential Douglas Elliman The Holidays are here! Particularly this year, when many of our friends, colleagues and neighbors continue to recover from the October hurricane, we should take a moment to be thankful for all we have and celebrate what’s really important,...
Editorial Supplements

Off-site security leader expanding NY services

REW Staff
Datawatch Systems, a provider of managed security systems whose Manhattan office is located at 845 Third Avenue, has introduced the latest 24/7 off-site building monitoring and security technology solution to two prominent New York office buildings. Both of the buildings, the 78-story Metropolitan Tower, aka 142 West 57th Street, and...
Editorial Supplements

One New York Plaza reopens after storm

REW Staff
NEW YORK, NY–(Marketwire – November 19, 2012) – Brookfield Office Properties Inc. today announced that One New York Plaza, the company’s 2.6-million-square-foot office building located at the southern tip of Manhattan, reopened for business on Saturday, November 17. “Our property operations and maintenance personnel worked around the clock to remove...
Editorial Supplements

Navigating landlord-enhanced ‘Good Guy’ Guaranty

REW Staff
By Gerald H. Morganstern Esq. Managing Partner Hofheimer Gartlir & Gross, LLP  The good guy guaranty, a form of limited guaranty and staple of many commercial office leases, is undergoing a transformation today as the market improves and landlords seek the opportunity to gain the edge.             In its...
Editorial Supplements

Tax pitfalls for foreign investment into US real estate

REW Staff
By Ryan Dudley, CPA, CA, MIT, principal and International Tax Practice Leader, Friedman LLP Investors from around the world are attracted to US real estate as a stable long-term investment. Yet for many investors, the scale and complexity of the U.S. income tax system can become a post investment nightmare....
Editorial Supplements

Out-of-town lawyers doing big city business

REW Staff
By Holly Dutton In an increasingly tight and expensive New York real estate market, some commercial developers are turning to law firms based in Westchester, where the quality is the same but the cost is less. Steven Goldman, a partner in the real estate practice of Kurzman Eisenberg Corbin &...