Category: Brokerage

LLC’s manager’s liability to members - by Thomas Kearns

July 29, 2025

The liability of the person appointed as a manager of a New York limited liability company is one of the more fraught and confusing areas of New York’s LLC law. First, the basics: LLC managers are liable to members of the LLC for their fraud and for breach of any

Aaron of Horvath & Tremblay sells <br>10-unit mixed-use property for $2.76 million

Aaron of Horvath & Tremblay sells
10-unit mixed-use property for $2.76 million

July 29, 2025

Manhattan, NY Robert Aaron of Horvath & Tremblay completed the sale of 29 Essex St., a 10-unit building, for $2.76 million. Situated in the Lower East Side neighborhood, 29 Essex St. is a five-story brick mixed-use investment property. The building contains two commercial units on the ground floor and eight,

Adirondack Capital arranges $16 million sale of 11-40 Borden Ave.

July 29, 2025

Queens, NY Adirondack Capital Partners arranged the $16 million sale of 11-40 Borden Ave., a two-story, 36,000 s/f industrial property located in Long Island City. Chad Sinsheimer, partner at Adirondack Capital Partners, served as the exclusive broker to both the buyer and the seller in the all-cash transaction. The property was acquired by Terreno Realty

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

July 29, 2025

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Koeppel Rosen signs Ardoq to 7,629 s/f office

July 29, 2025

Manhattan, NY Koeppel Rosen LLC said that Ardoq, Inc. has signed a new, 7,629 s/f office lease for the entire second floor of 443 Park Ave. South. “We welcome Ardoq to 443 Park Ave. South. The company was attracted to the fully built-out and furnished space, which allowed for a quick and seamless move-in,” said Max Koeppel

1031 for all: Unlocking the power of tax-deferred real estate investing - by Ryan Vassar

July 29, 2025

There is a misconception that only the ultra-wealthy can leverage the IRS tax code to reduce their taxes. One of the most powerful and accessible tools available to real estate investors is the 1031 exchange, a provision under §1031 of the Internal Revenue Code (IRC).

JLL arranges $231 million financing for industrial outdoor storage portfolio

July 29, 2025

New York, NY JLL Capital Markets arranged $231 million in financing for a 43-property industrial outdoor storage (IOS) portfolio totalling 293 acres across 13 states. JLL worked on behalf of JIOS to secure the loan through Blackstone Real Estate Debt Strategies. JIOS is

Soft Swerve opens at Tishman Speyer’s JACX&CO

July 29, 2025

Long Island City, NY Tishman Speyer said that Soft Swerve has opened at JACX&CO, a collection of culinary concepts on the plaza level of the JACX creative office campus in Queens. Soft Swerve, a New York-based ice cream brand established by best friends and

Prospect Ridge appoints Mestel as managing director and co-head of credit strategies

July 29, 2025

Manhattan, NY Prospect Ridge appointed Michael Mestel as managing director and co-head of the firm’s credit strategies platform. Mestel will lead the credit business alongside Robb Milne, who has played a pivotal role in scaling Prospect Ridge’s equity and credit capabilities since the platform’s inception.

CoreNet NYC hosts annual REmmy event

July 29, 2025

New York, NY The CoreNet Global New York City Chapter (CoreNet NYC) hosted its annual “Who Wins REmmy’s Awards & Why?” event at the Haworth Showroom at 125 Park Ave. The event brought together leading corporate real estate (CRE) professionals for an interactive roundtable exploring the strategies

IREON Insights: Good insurance rates aren’t luck: Safety and risk management tips for contract cle...

July 29, 2025

It isn’t easy being a contract cleaning professional in today’s world of staffing challenges, competition, consolidation, margin pressure, rising commercial cleaning insurance costs, and more. The last thing these leaders can afford are increases in liability, auto, and workers’ compensation premiums due to claims that

IREON new member profile: Regis Medrano

July 29, 2025

What do you do now and what are you planning for the future?: I lead Medama ITRAK, a facility and compliance tech company transforming how healthcare and commercial sites track performance. Future plans include AI integrations, expansion into real estate compliance tech, and scaling nationally.