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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- Schuster out as Hopson borrows $156M for Midtown towerby By Joe Lovinger on May 25, 2022 at 9:55 pm
Hopson Development has dropped one partner and picked up a new one at its condo development in Midtown. The Hong Kong developer has scored a $156 million construction loan from Fortress Investment Group for its 191-unit luxury project at 131-141 East 47th Street, The Real Deal has learned. It has also parted ways with Josh Schuster’s Silverback Development, which joined the project in March 2020 but has run into problems of late. The new funding The post Schuster out as Hopson borrows $156M for Midtown tower appeared first on The Real Deal New York. […]
- Day 2 of ICSC: Retailers button up to network, prep for uncertain futureby By Joe Lovinger and Suzannah Cavanaugh on May 25, 2022 at 8:32 pm
After partying the day away Sunday, retailers at ICSC Las Vegas swapped their swimsuits for business suits as they gathered for some old-fashioned, in-person networking. Monday’s annual industry conference, held in Sin City’s cavernous convention center, marked a stark departure from December’s thinned-out event for a still-struggling sector. This year, nearly 22,000 people registered, according to ICSC — short of the 30,000 or more that attended in previous years, but enough to call it a The post Day 2 of ICSC: Retailers button up to network, prep for uncertain future appeared first on The Real Deal New York. […]
- The Real Deal celebrates “The New Kings of New York” debutby By Pat Ralph on May 25, 2022 at 7:45 pm
In The Real Deal‘s “The New Kings of New York,” journalist Adam Piore details the cast of deep-pocketed characters behind the city’s biggest real estate deals over the last 20 years. In addition to filling the insider’s account of the “blood sport” that is New York City real estate, some of those characters joined friends of Piore and The Real Deal for a 100-strong gathering near Union Square Tuesday night to celebrate the book’s release The post The Real Deal celebrates “The New Kings of New York” debut appeared first on The Real Deal New York. […]
- Firm ditches Park Ave for entire floor of GM Buildingby By Lois Weiss on May 25, 2022 at 5:00 pm
As many firms downsize but upgrade their office space to account for hybrid work, one Midtown tenant is expanding — leaving Park Avenue for larger digs on Fifth. Eldridge is moving its city offices to the entire 17th floor of 767 Fifth Avenue, a 50-story office tower owned primarily by Boston Properties and better known as the General Motors Building. It signed a nearly 11-year lease for 37,150 square feet, roughly 75 percent more than The post Firm ditches Park Ave for entire floor of GM Building appeared first on The Real Deal New York. […]
- Marvin Azrak, investors seal deal for Chaskiel Strulovitch’s Brooklyn portfolioby By Keith Larsen on May 25, 2022 at 4:42 pm
The purchase of a key piece of Chaskiel Strulovitch’s portfolio finally closed, ending one of Brooklyn’s most combative real estate tussles in recent memory. Facing foreclosure from hardball lender Maverick Real Estate Partners, Strulovitch put 31 buildings into Chapter 11 bankruptcy in 2019. He was able to save most of them with costly refinancing from Marvin Azark’s Maguire Capital, a New York-based lender. But nine properties slipped away, and after a contentious auction, Maguire eventually The post Marvin Azrak, investors seal deal for Chaskiel Strulovitch’s Brooklyn portfolio appeared first on The Real Deal New York. […]
- Schuster out as Hopson borrows $156M for Midtown tower