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...
Read Full PostCommercial leasing: Reexamining force majeure in the post-COVID landscape
By: Leah Laframboise, Clay Pulliam, and Christina Sprecher of Reuters The impact of the COVID-19 pandemic on commercial leasing was immediate and severe. Landlords and tenants were faced with challenges of a type and...
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