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Real Estate Weekly

NYU Real Estate Institute to manage NACORE program – New York University’s Institute for Corporate Real Estate

NYU Real Estate Institute to manage NACORE program – New York University’s Institute for Corporate Real Estate – Brief Article Beginning this fall, The Real Estate Institute at New York University’s School of Continuing and Professional Studies (SCPS) will assume responsibility for the administration of NACORE’s Institute for Corporate Real Estate education program. The series […]

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Real Estate Weekly

DeWitt Tishman gets the job at Trump Towers in Jersey

DeWitt Tishman gets the job at Trump Towers in Jersey DeWitt Tishman Architects LLP will finally realize its vision for the property at Washington and Bay streets in Jersey City, having worked diligently the last few months on the final details to create Trump Plaza: Jersey City. Given new direction, the firm’s principals re-sharpened their […]

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Real Estate Weekly

The Davis Companies delivers Wilton, CT Commonfund Building 100 percent leased

The Davis Companies delivers Wilton, CT Commonfund Building 100 percent leased The Davis Companies, a leading real estate investment, management and development firm, announces the opening of the new corporate headquarters for Commonfund at 15 Old Danbury Road in Wilton, CT. The 88,500 square-foot building is being delivered to market 100 percent leased. Commonfund occupies […]

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Real Estate Weekly

Newark apartment complex sells for $22m

Newark apartment complex sells for $22m Parkwood Place Apartment, a seven-building 293-unit apartment complex in Newark, N.J.’s Branch Brook neighborhood, recently sold for $22 million. The transaction was brokered by Gebroe-Hammer Associates, the dominant multi-family investment brokerage firm in the tri-state area. Executive vice president Joel Schwartz represented the owner, Cromwell Associates of N.Y. as […]

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Real Estate Weekly

Columbus Circle mall start is fab, but …

Columbus Circle mall start is fab, but … Elaine Misonzhnik The Shops at Columbus Circle may have been one of the most anxiously awaited retail developments in New York City’s history, but now that their doors have opened, do they have what it takes to succeed? In the three weeks since its opening ribbon-cutting ceremony, […]

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Real Estate Weekly

Mortgage guide released.

Mortgage guide released. – book review “The key to closing enforceable commercial mortgages in New York state is being prepared for the unexpected tax issues, unusual affidavits, oral law, and sometimes hostile courts,” says Joshua Stein, of Latham & Watkins, author of Aspen Law & Business’ newly published New York Commercial Mortgage Transactions. In his […]

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Real Estate Weekly

Solving problems with planning

Solving problems with planning – Profile of the Week: Levien & Co It could be anything from the conversion of a large commercial building into luxury apartments, to the renovation of a historic church or the interior construction of corporate offices. The common element in such projects is complexity and the need for prompt and […]

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Real Estate Weekly

Impressive performance of commercial real estate mortgages

Impressive performance of commercial real estate mortgages Everyone is well aware of the severe deterioration in property-market fundamentals over the past several years. Vacancy rates have risen from record lows to near-record highs, and rents are down dramatically. As a result, Net Operating Incomes (NOIs) have fallen, and values are down as well, albeit not […]

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Real Estate Weekly

wishful thinking or best practice?

Investing in green real estate: wishful thinking or best practice? Josh Slaybaugh There are millions of people across the country committed to living green in their own homes. They recycle and do their best to eliminate drafty windows and doorways, even if their main motivation is to save a few dollars on the monthly electric […]

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Real Estate Weekly

Hedge fund expands to 21,000 s/f at 825 Third

Hedge fund expands to 21,000 s/f at 825 Third Laurus Funds, a financial institution that makes direct investments in U.S.-listed small and micro-cap companies, is expanding into a second full-floor of 10,366 square feet at 825 Third Avenue in the Plaza District, giving the company approximately 21,000 square feet in the building. Michael Kaufman and […]