Category : Featured

TOWN Residential cuts 400 brokers, consolidates offices

Linda O'Flanagan April 20, 2018 April 20, 2018

by Linda O'FlanaganApril 20, 2018April 20, 20189740

Andrew Heiberger announced Thursday that he was shutting down sales and leasing operations at his TOWN residential brokerage. “Today, I made the decision to pivot TOWN Residential from the re-sale and rental business to focus on the new development and international sectors,” he said in a statement posted to LinkedIn....

Deals & Dealmakers Featured

Industrial vacancy hits all-time low as technology, consumers change

REW April 18, 2018 April 18, 2018

by REWApril 18, 2018April 18, 20181427

Even a forecast recession cant dent the booming sector where, for the first year on record rent growth outpaced that of the other three major commercial real estate sectors

Deals & Dealmakers Featured

Opportunity Zone Program turns blight sites into tax havens for asset-rich investors

REW April 18, 2018 April 18, 2018

by REWApril 18, 2018April 18, 20182089

The rich are getting richer but that prosperity is pooling up in thriving portions of big cities. Experts attribute this to the amount of wealth tied up in assets that can’t be accessed without being subjected to hefty capital gains taxes. The Opportunity Zones program aims to fix this.

Featured Residential

New Development: Reuveni tapped for 90 Morton, sales start at Five One Five

REW April 13, 2018 April 13, 2018

by REWApril 13, 2018April 13, 20184761

Reuveni Real Estate is spearheading sales and marketing efforts at West Village condo conversion project, 90 Morton Street; sales just began at Five One Five in West Chelsea and more in new development news.

Featured Residential

Spring Ahead: New condos look to warm up lackluster market

Jackson Chen April 13, 2018 April 13, 2018

by Jackson ChenApril 13, 2018April 13, 20181148

A new report is showing a pause in Manhattan’s new development market, but that isn’t deterring a stream of buildings entering the city in the next few months.

Featured Retail

Virgin hotel to welcome Swingers cocktails and crazy golf concept

REW April 11, 2018 April 11, 2018

by REWApril 11, 2018April 11, 20183071

A Brit obsession with crazy golf and cocktails makes leap over the pond to open first US club in New York City

Deals & Dealmakers Featured

580,000 s/f union lease voted Most Ingenious Deal of 2017

REW April 11, 2018 April 11, 2018

by REWApril 11, 2018April 11, 20181287

CBRE, Cushman & Wakefield tag team win for union lease; Tighe takes home eighth Ingenious title

Debt & Equity Featured

Rough and tumble in appraisal sector sees independent players fighting back

REW April 11, 2018 April 11, 2018

by REWApril 11, 2018April 11, 20181964

The growth of appraisal teams at full-service advisory firms has meant an erosion of niche organizations that focus exclusively on property valuation. Now the little guys are fighting back

Construction & Design Featured

Two Trees’ Domino Park two months from completion

REW April 10, 2018 April 10, 2018

by REWApril 10, 2018April 10, 20181534

Domino Park is a six-acre public space being built by Two Trees Management on the Williamsburg waterfront. It joins the firm's rehabilitation of the former sugar refinery site. Roughly eight weeks out from its grand opening, the district is beginning to take shape.

Featured Residential

Sales, prices fell in first quarter 2018 as market adjusts to tax reform

REW April 9, 2018 April 9, 2018

by REWApril 9, 2018April 9, 20181422

Brokers and market trackers attribute the fall-off to prospective buyers collectively holding their breath after the federal tax reform roll-out at the end of last year. While questions linger about the impact of the new tax code as well as rising interest rates, expert see sales picking up as this year goes on.