We are excited to announce the launch of our YouTube Channel. We have created an instruction video for the Income and Expense Schedule (TC201). Here is a link to the video.
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- SL Green snaps up West Side office propertyby By Kevin Sun on January 23, 2020 at 8:39 pm
Following a strong quarter of office leasing highlighted by a big Amazon deal near Hudson Yards, SL Green Realty has picked up another West Side office property with plans to attract yet more tech tenants. The real estate investment trust has closed on its $90 million acquisition of 707 Eleventh Avenue, according to property records filed with the city on Tuesday. The six-story building had been owned by fashion house Kenneth Cole since 2004, and The post SL Green snaps up West Side office property appeared first on The Real Deal New York. […]
- Triangle Equities lands $87M loan for massive JFK warehouse projectby By Eddie Small on January 23, 2020 at 8:15 pm
Triangle Equities’ massive industrial project in Queens just got another step closer to reality. The developer has secured an $87 million construction loan from CIT Group for the huge warehouse it’s building near John F. Kennedy International Airport, the company announced on Thursday. The firm and its partners Township Capital and L&B Realty Advisors are constructing a roughly 300,000-square-foot cargo warehouse and storage facility at 130-24 South Conduit Avenue called Terminal Logistics Center. Township and The post Triangle Equities lands $87M loan for massive JFK warehouse project appeared first on The Real Deal New York. […]
- For retailers, bankruptcy more likely to end in liquidationby TRD Staff on January 23, 2020 at 7:30 pm
Nearly half of the major retailers that filed for bankruptcy protection over the past 15 years eventually shuttered all of their stores, Fitch Ratings found in a report. Of 55 retail and supermarket bankruptcies, 25 were liquidated, the report showed. Meanwhile, bankruptcies among all U.S. companies led to liquidation just 13 percent of the time, according to the Wall Street Journal, which covered the Fitch research. Brick-and-mortar stores are facing mounting challenges from online retailers The post For retailers, bankruptcy more likely to end in liquidation appeared first on The Real Deal New York. […]
- Program to rebuild Sandy-damaged homes needs extra $92Mby TRD Staff on January 23, 2020 at 7:00 pm
A program to help rebuild homes damaged by Superstorm Sandy needs an extra $92 million, according to the de Blasio administration. About $42 million of that will be likely covered by the city — a plan laid out in Mayor Bill de Blasio’s preliminary budget — while the remaining $50 million could come from the federal government. The Wall Street Journal reported that the city is seeking funds from the U.S. Department of Housing and The post Program to rebuild Sandy-damaged homes needs extra $92M appeared first on The Real Deal New York. […]
- Boston Properties inks big renewal with law firm at 599 Lexby By Kevin Sun on January 23, 2020 at 6:46 pm
Law firm Shearman & Sterling has been headquartered at 599 Lexington Avenue for three decades, and it now plans to stay around for two more — after making big upgrades to the office space. Shearman and landlord Boston Properties announced Thursday that the tenant has renewed its 338,000-square-foot lease at the Midtown East building for 20 more years. The lease was originally set to expire in 2022. “Renewing our lease enables us to design a The post Boston Properties inks big renewal with law firm at 599 Lex appeared first on The Real Deal New York. […]
- SL Green snaps up West Side office property