Northeast

The new real property transfer tax called “NYC for All,” if enacted, would treat all residential transactions equally, regardless of how a home is purchased, by implementing a single progressive real property transfer tax that rises as the price of the property rises.

SITE Centers expects it will extend the joint venture beyond the initial investment.

The technology will allow users to complete large and small-scale leases online.

Greystone was able to optimize the sponsor's value-add business plan to complete the interior renovations already underway by the asset's former owner, an affiliate of Deutsche Bank AG.

The non-traditional office space provider will open another flexible space in the Hudson Square neighborhood.

Plainfield's multifamily submarket is appreciating at a tremendous pace, says Gebroe-Hammer's Adam Zweibel.

"Obviously, it's the most dramatic, strongest market industrial space has ever seen in its history no matter what statistic you look at," says Liberty Property Trust's Bill Hankowsky.

The publicly-traded, international biopharmaceutical company signed a 10-year lease at the property owned by Brookfield Properties and American Express.