Banking and FinanceDeals & DealmakersResidential

Buying a House Without Seeing It in Person? Here’s What to Know

Orvyn Halecrest
When one buys a home, they usually come to see the property, walk through every room, and try to get a feel of the neighborhood before making a final decision. However, it’s not always possible for homebuyers to physically be present at the place they want to purchase, and that’s where remote home buying comes...
Debt & EquityResidential

How Your Neighbors Can Increase (or Destroy) Your Equity

Orvyn Halecrest
Ask any appraiser what drives a home’s market value, and they’ll point to square footage, recent comps, and structural condition. But ask anyone who has ever tried to sell a house next door to a property with overgrown lawns, an unpainted facade, or abandoned or boarded-up houses, and they’ll tell you the truth: your neighborhood...
Deals & Dealmakers

Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building

REW
Rosewood Realty Group announced the $36.5 million sale of 159-161 West 54th Street, a 15-story, mixed-use building on the corner of West 54th and Seventh Avenue in Hell’s Kitchen. Rosewood Realty’s Aaron Jungreis, Ben Khakshoor and Alex Fuchs represented both the buyer,  Duc Huang, a private family office and the sellers, Sol...
Construction & DesignFeatured

AI and cloud adoption propel data center demand to record levels for 2023

REW
Artificial intelligence (AI) and machine learning are touching the corners of every industry in a rapidly changing and exciting way. The data center will serve as the backbone to support its explosive growth at massive scale. According to JLL’s new 1H 2023 North American Data Center Report, AI requirements, along...
Deals & Dealmakers

Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando

REW
Miller Construction Company, a statewide, privately-held construction firm, has begun site work on an 80,000-square-foot warehouse for MSI in Orlando, Florida. MSI is the leading nationwide distributor of flooring, countertops, wall tile and hardscaping products in North America. The build-to-suit project will serve the company’s evolving storage and distribution needs...
Deals & Dealmakers

Local Development Corp. Votes Final Approval of $195 Million Bond Financing for Construction of New 162,626 SF Patient Care Tower at Westchester Medical Center

REW
The Westchester County’s Local Development Corporation (LDC) voted on August 23 final approval of $195 million in tax-exempt bond financing for the development of a new 162,626-square-foot Patient Care Tower on the campus of Westchester Medical Center in Valhalla. “Today’s historic approval by the Local Development Corporation is yet another...