Suffolk Hires Former GE Executive to Manage Business Development

Klee, who held several executive positions at GE, served as GE’s vice president of Boston development and operations and led the search for GE’s new headquarters and eventual move from Fairfield, CT to Boston.

       


source https://feeds.feedblitz.com/~/618086018/0/globest/new-york~Suffolk-Hires-Former-GE-Executive-to-Manage-Business-Development/

Pebb Capital and TriArch Real Estate Sell Greenwich Village Student Housing

Private equity investment firm Pebb Capital and TriArch Real Estate Group, a New York-based real estate investment and management firm, has sold The Alabama, a trophy student housing asset located at 15 E. 11th St. for an estimated $104 million.

       


source https://feeds.feedblitz.com/~/618086022/0/globest/new-york~Pebb-Capital-and-TriArch-Real-Estate-Sell-Greenwich-Village-Student-Housing/

New York Real Estate Is Business as Usual and Vigilant

A temporary injunction against the Department of State guidance barring tenant-paid broker commissions has many asking could the court deem it as justified since it is not law but a litigation position? Leni Morrison Cummins, a real estate attorney at Cozen O’Connor, tells GlobeSt.com.

       


source https://feeds.feedblitz.com/~/618085810/0/globest/new-york~New-York-Real-Estate-Is-Business-as-Usual-and-Vigilant/

Manhattan Development Slumps, Raising Market Red Flags

Manhattan developers hit a roadblock with wonky land costs. In December 2019, the market only saw two development sales, according to Avison Young data.

       


source https://feeds.feedblitz.com/~/618081050/0/globest/new-york~Manhattan-Development-Slumps-Raising-Market-Red-Flags/

NJDEP Begins Climate Change Regulation Reform Process

The DEP will hold initial stakeholder sessions on potential rule changes beginning on Friday, Feb. 21 from 9 a.m. to 4 p.m., focusing on periodic monitoring and reporting of statewide greenhouse gas emissions, hosted by the DEP Air Quality, Energy and Sustainability program.

       


source https://feeds.feedblitz.com/~/618079470/0/globest/new-york~NJDEP-Begins-Climate-Change-Regulation-Reform-Process/

Commercial, Multifamily Construction Starts in NY-NJ Market Totaled $30.9B in 2019

Commercial and multifamily starts in the NY-NJ region totaled $30.9 billion in 2019. However, the New York metro region’s rate of growth eased in 2019 to 5% from a 13% gain in 2018, according to the report.

       


source https://feeds.feedblitz.com/~/618078128/0/globest/new-york~Commercial-Multifamily-Construction-Starts-in-NYNJ-Market-Totaled-B-in/

New York Judge Halts Rental Commission Ban

A New York judge has issued a temporary injunction on the Department of State guidance banning tenant-paid rental commissions to landlord-retained real estate agents.

       


source https://feeds.feedblitz.com/~/618036190/0/globest/new-york~New-York-Judge-Halts-Rental-Commission-Ban/

Peebles to Move Forward with Long-Delayed Air Rights Project

The letter of intent filed on Friday on behalf an affiliate of Peebles Corp. by Trademark Partners of Charlestown, MA is in connection with Air Rights Parcel 13 located on the northeast corner of the intersection of Massachusetts Avenue and Boylston Street, partially over the east and west bound lanes of the Massachusetts Turnpike and partially over the MBTA Green Line Hynes Station in Boston.

       


source https://feeds.feedblitz.com/~/618015140/0/globest/new-york~Peebles-to-Move-Forward-with-LongDelayed-Air-Rights-Project/

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