According to The Durst Org., EisnerAmper signed a 15-year lease for 124,327 s/f on the 6th
and partial 10th
floors of 733 Third Ave. Also included in the deal isEast Hampton, NY
According to Katz & Associates, Warby Parker has opened their first area location at 50 Newtown Ln. Brian Katz, CEO of Katz & Assoc. secured the site on behalf of the tenant. The lease is for 1,250 s/f.Brooklyn, NY
Bestreich Realty Group (BRG) completed the sale of 854 Hancock St., in the Bedford Stuyvesant neighborhood. The four-unit multifamily property sold for $1.95 million. The property features two four-bedroom/two-bathroom units, Brooklyn, NY
Arbor Realty Trust, Inc. funded a Freddie Mac Small Business Loan (SBL). The 18A Bleecker St. received $2.5 million in cash-out refinancing through the program. Geoffrey Platt of Arbor’s New York City office originated the loan.
On Wednesday August 7th
, CREW New York’s (CREW-NY) Young Professionals gathered for a golf lesson and practice with golf pro Marjorie Jones at the Golf Club at Chelsea Piers.Brooklyn, NY
Friedman-Roth Realty Services closed the sale of two apartment buildings, 1900 Newkirk Ave. and 1815 Beverley Rd. Both are elevator buildings, have 50 ft. of frontage, and have a combined total ofNew York, NY
According to Cammeby’s, they have closed several transactions at 626 Sheepshead Bay Rd. The seven-story, 161,000 s/f, commercial and retail building is part of the Neptune/Sixth development
The final quarter of this year, and at least the first quarter of 2020, might be rough for the real estate leasing business. Any leasing broker can make deals when the going is good. What sets some brokers ahead of the pack is their ability to execute strong lease transactions in challenging times.
The New Rent Laws—Revision or Revenge? In July 2019, I wrote an article for the New York State Real Estate Journal entitled: “New Rent Laws — What Happens Now?” The article summarized a few of the changes that would affect property owners as a result of governor Cuomo’s signing into law the Housing StabiNew York, NY
NYREJ recently sat down with Shimon Shkury, founder and president of Ariel Property Advisors, a New York City investment real estate services and advisory company, who shared some of the highlights from Ariel Property Advisors