Recently added articles from Real Estate Weekly:
CRE gets a $200M tax incentive.
Jun 17, 2009; ... In an attempt to provide funding for real estate projects that have been put on hold for lack of capital, the city announced that it has received federal approval to issue $200 million in triple tax-exempt bonds for commercial development. The facility is part of a federal ...
Deal chatter hints at leasing thaw.
Jun 17, 2009; ... Could leasing, after a seemingly months-long deep freeze citywide, be finally picking up? Some brokers report that big tenants, who had virtually disappeared from the office market in the past few months as the recession battered businesses across the economy, are beginning to ...
Malls taking a recession beating.
Jun 17, 2009; ... [ILLUSTRATION OMITTED] The prognosis for malls may be negative, but Deloitte Real Estate Group's senior advisor, David Jacobstein, says the popular American pastime will have a place in the market post-recession. While the recovery will be slow and painful, malls will ...
Towers tempt foreign cash.
Jun 17, 2009; ... A partnership between the real estate investment firm Youngwoo & Associations and the South Korean investment bank Kumho acquired the pair of office buildings in Manhattan's Financial District that serve as the headquarters for the troubled insurance giant, American International Group. ...
Tokyo takes over as world's most expensive office market.
Jun 17, 2009 ... Tokyo's Inner Central District has supplanted London's West End as the world's most expensive office market, according to CB Richard Ellis Group, Inc. Global Research and Consulting's semi-annual Global Office Occupancy Costs survey. London's West End, is now the world's second ...
Levin forges ahead with retail centers.
Jun 17, 2009 ... Against the backdrop of today's challenging business climate, particularly for retailers and the retail real estate industry, two shopping centers in the tri-state area are bucking the trend with construction underway as part of major repositionings. The centers are the 268,000 ...
Henry Goodfriend, executive vice president, Operations, for NAI Global's New York City office, has been recognized for completing the professional development series for the CoreNet Global Master of Corporate Real Estate (MCR) designation.(WHO'S NEWS)
Jun 17, 2009 ... [ILLUSTRATION OMITTED] Henry Goodfriend, executive vice president, Operations, for NAI Global's New York City office, has been recognized for completing the professional development series for the CoreNet Global Master of Corporate Real Estate (MCR) designation. The ...
Cohen Commercial Properties.(WHO'S NEWS)
Jun 17, 2009 ... As part of its corporate growth initiative, Cohen Commercial Properties, an owner and operator of shopping centers throughout the U.S., has announced that Jonathan Lehr has joined the firm as financial analyst. Prior to ...
Sierra Realty Corp.: Marianne Thorsen.(WHO'S NEWS)
Jun 17, 2009 ... Sierra Realty Corp. has hired retail broker Marianne Thorsen to join its commercial leasing and sales division, announced James R. Wacht, president of the full-service New York-based real estate firm. Thorsen has been a highly visible presence in the retail arena for more than ...
First Financial Network.(WHO'S NEWS)
Jun 17, 2009 ... First Financial Network (FFN) announced the addition of Mark Hall to its team as senior financial analyst. Bliss Morris, FFN's president and chief executive officer, made the announcement. Hall will be responsible for directing the underwriting, analysis and valuation of various ...
Sierra Realty Corp.: Peter E. Levitan.(WHO'S NEWS)
Jun 17, 2009 ... Sierra Realty Corp. has promoted Peter E. Levitan, an in-house commercial sales and leasing specialist, to the position of managing director. Levitan joined Sierra in 2006 and has since consummated deals with a gross rental value in excess of $35,000,000. He has orchestrated ...
Studley.(WHO'S NEWS)(appointment of A. Kelly Winn as senior vice president, Jason Lichty has been promoted to managing director and and Efrem Colmenero has been promoted to assistant director )(Brief article)
Jun 17, 2009 ... Studley announced the promotion of three professionals in its Dallas office. A. Kelly Winn has been promoted to senior vice president from corporate managing director; Jason Lichty has been promoted to managing director from associate director; and Efrem Colmenero has been promoted to ...
Cohen Commercial Properties.(WHO'S NEWS)
Jun 17, 2009 ... Cohen Commercial Properties announced that Adam Mayer has joined the firm as director of property management. Mayer is responsible for overseeing management functions for properties under management and located in the northeast US. Previously, he was senior property manager for ...
Solomon Organization.(WHO'S NEWS)(appointment of Adam Solomon as associate director)(Brief article)
Jun 17, 2009 ... The Solomon Organization announced the promotion of Adam Solomon to associate director. [ILLUSTRATION OMITTED] Solomon, 24, has been working for the Solomon Organization for the past three years. Most notably, he has been in charge of ...
Murray Construction Co., Inc.(WHO'S NEWS)
Jun 17, 2009 ... Douglas Friedrich, president and COO at Murray Construction Co., Inc. of Millburn, NJ, announced that Brian D. Fitzsimons has joined the firm as senior vice president, director of Real Estate. In this position, Fitzsimons is responsible for taking the lead in office and ...
U.S. Green Building Council.(WHO'S NEWS)
Jun 17, 2009 ... The Northern Branch of the New Jersey chapter of the U.S. Green Building Council has appointed Pradeep Kapoor, director of sustainability and project manager at DMR Architects, as chairman of the branch. Kapoor has overseen several highly acclaimed Leadership in Energy and ...
Parsons Brinckerhoff.(WHO'S NEWS)(appointment of David A. McAlister, Paul F. Morris and David McAlister )(Brief article)
Jun 17, 2009 ... David A. McAlister and Paul F. Morris have rejoined Parsons Brinckerhoff, assuming senior global management positions. David McAlister has been named executive vice president and global director, Strategic Planning and Development. [ILLUSTRATION OMITTED] ...
Amit Doshi and Lynda Blumberg at Besen & Associates have been the assigned the exclusive to market the Chinatown/Lower East Side Multifamily Portfolio.(Agents)
Jun 17, 2009 ... Amit Doshi and Lynda Blumberg at Besen & Associates have been the assigned the exclusive to market the Chinatown/Lower East Side Multifamily Portfolio. The portfolio consists of 6 buildings with 177 apartments and ...
A four-story mixed-used residential building on Second Avenue at East 51st Street, whose retail component is leased to Mexican eatery Zarela's until 2016, is on the market for sale exclusively through Eastern Consolidated priced at $4.2 million.(Agents)
Jun 17, 2009 ... A four-story mixed-used residential building on Second Avenue at East 51st Street, whose retail component is leased to Mexican eatery Zarela's until 2016, is on the market for sale exclusively through ...
Josh Goldflam of the Highcap Group has been appointed the exclusive agent of the following properties.(Agents)(Brief article)
Jun 17, 2009 ... Josh Goldflam of the Highcap Group has been appointed the exclusive agent of the following properties: * 15 Gouverneur Place, Bronx, New York--a 5 story comer art deco mixed use building with 1 store and 9 apartments with an asking price of $975,000. * 242 Fifth ...