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Under a New New York Budget Agreement, Unlicensed Cannabis Shops Will Face Closure

Under a New New York Budget Agreement, Unlicensed Cannabis Shops Will Face Closure

New York State is taking a firm stance against retailers and landlords disregarding cannabis regulations. Despite delays in permit issuance resulting in a surge of unlicensed weed shops, Governor Kathy […]

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Investors Eyeing Country Clubs and Golf Courses

Investors Eyeing Country Clubs and Golf Courses

Golf’s revival has reignited investor interest in country clubs, as reported by Andy Medici of The Business Journals. Steven Ekovich, Executive Managing Director at LIPG, notes a 66% surge in […]

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City Council Passes Zoning Change to Allow for NYC Casino

City Council Passes Zoning Change to Allow for NYC Casino

The New York City Council paved the way for prospective casino developers by passing a bill on Thursday that permits zoning changes for state-approved gaming facilities. Under this legislation, developers […]

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Citadel Progresses with Park Avenue Tower Plans

Citadel Progresses with Park Avenue Tower Plans

Billionaire investor Ken Griffin, founder of hedge fund Citadel, along with developers Vornado Realty Trust and Rudin, are forging ahead with plans to erect a 1.8 million-square-foot office tower on […]

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Four years Later, Office Leasing Shifts Post-Pandemic

Four years Later, Office Leasing Shifts Post-Pandemic

Four-plus years post-Covid, office landlords and tenants embrace a new leasing paradigm. Though the shift from in-office to remote work norms is clear, both parties have taken time to adapt. […]

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Neutrogena to Close LA HQ, Shift Operations to NJ

Neutrogena to Close LA HQ, Shift Operations to NJ

Neutrogena is relocating its Los Angeles headquarters to New Jersey as part of a consolidation effort by its parent company, Kenvue, recently spun off from Johnson & Johnson. Kenvue, based […]

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Adams & Company’s Midtown Buildings Unite Textile Tenants

Adams & Company's Midtown Buildings Unite Textile Tenants

Adams & Company aims to transform its buildings into specialized hubs, evidenced by recent agreements with textile companies. Principal David Levy emphasizes the allure of specialty buildings, noting their ability […]

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Real Estate Brokers’ Worst Code Violations: From Grow Houses to Hidden Septics

Real Estate Brokers' Worst Code Violations: From Grow Houses to Hidden Septics

Jaclyn Bild, a broker associate at Douglas Elliman Real Estate in Miami Beach, encountered a challenging situation in March 2023. She listed an Old Spanish-style home in Coral Gables, built […]

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The Quirky Real Estate of Movie Theaters: Their Lifeline.

The Quirky Real Estate of Movie Theaters: Their Lifeline.

Just a few years back, U.S. movie theaters seemed destined for irrelevance. But their unconventional real estate might just be what saves them. Movie theaters are constructed with sloped, concrete […]

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Single-Tenant, Net-Leased Property Sales at 14-Year Low

Single-Tenant, Net-Leased Property Sales at 14-Year Low

Just a few years ago, retail, industrial, and office properties with single tenants responsible for taxes, insurance, and maintenance were highly favored by buyers for their financial stability. However, this […]

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New Jersey Film Studio Planned Near Birthplace of First One

New Jersey Film Studio Planned Near Birthplace of First One

Renowned inventor Thomas Edison established the world’s first movie production studio, the Black Maria, in West Orange, New Jersey, back in 1893. Now, the city is set to welcome a […]

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The exclusivity of New York’s million-dollar earner club is diminishing

The exclusivity of New York's million-dollar earner club is diminishing

Between 2020 and 2021, New York saw an increase of over 21,000 tax filers reporting earnings of $1 million or more, as revealed by recent data from the Internal Revenue […]

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