From revocable living trusts to charitable remainder trusts to celebrity trusts gone wrong, trusts are one of the most misunderstood estate planning tools. In the right hands, however, trusts can be one of the most powerful tools.Ahead of creating an estate plan,...
Read Full PostBrooklyn nursing home tops mid-market investment sales
By Pat Ralph at The Real Deal With rents rising and a slowdown in new apartment construction on the horizon, mid-market investors continue to target multifamily assets in New York City. Eight transactions involving commercial properties...
Read Full PostMcDonald’s Returns to Times Square With a $40 Million, 20-Year Lease
By Max Gross at Commercial Observer Broadway loves a big revival, and McDonald’s loves Broadway. The golden arches signed a 20-year, $40 million lease with Jeff Sutton’s Wharton Properties at 661 Eighth Avenue right across the street from the Port Authority Bus...
Read Full PostBrooklyn Industrial Real Estate Market Stays Strong: 2nd Quarter Report
By Raanan Gerberer at Brooklyn Daily Eagle The city’s outer-borough industrial real estate market, including Brooklyn, continued to show healthy improvement during the second quarter of 2022, according to a new report by Colliers...
Read Full PostCase Studies for International Clients: Success Story #3
CASE STUDY 3: Francois is an EU citizen residing in an EU country and is looking for a $3mm investment property to rent out in new york city for himself and his family. He...
Read Full PostCase Studies for International Clients: Success Story #2
CASE STUDY 2: Carlos is a non-resident alien, residing in Brazil. He currently maintains a portfolio brokerage account in New York in the name of a British Virgin Islands (“BVI”) company. He is looking...
Read Full PostCase Studies for Trusts and Estates International Clients: Success Story #1
Case Study 1: Deniz and Isra are married and have a son, Emre. Deniz and Isra are Turkish Citizens and residents and are searching for an apartment for Emre in New York City. All...
Read Full PostJudge voids Albany’s good cause eviction law; tenants abandon city-by-city push
Housing Justice for All will concentrate on passing a statewide measure By Suzannah Cavanaugh | Research By Kathryn Brenzel at The RealDeal Less than a year after Albany made history as the first New York municipality to pass good cause...
Read Full PostLower-end listings dominate Manhattan’s luxury deals
Penthouse at 100 11th Ave asking $23M tops the list, but most contracts last week were for homes under $5M By Sasha Jones at TheRealDeal Luxury homes kept finding buyers in Manhattan last week,...
Read Full PostIs Airbnb playing a role in NYC’s skyrocketing rents?
A new report says there are more short-term rentals available in the city than standard ones Written By: The Real Deal Looking to rent an apartment in New York City? Maybe you should...
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