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Spotlight Content
Posted: January 24, 2017
2016 Top Viewed Web Content: Sale Transactions
1. Douglas Elliman Commercial brokers five sales totaling $27.535 million
Village Latch Inn Hotel, 101 Hill Street - Southampton, NYCLICK HERE for full story
2. Kassirer of Emerald Equities leads investors for $140 million Bronx portfolio
1192 Walton Avenue - Bronx, NY CLICK HERE for full story
3. Kelly, Sears and O’Neill of CPEX broker $1.75 million sale
Sean Kelly, CPEX
Sean Sears, CPEX
James O'Neill, CPEX
CLICK HERE for full story
4. Graves-Manns of DJK Residential closes $315,000 coffee shop sale and a 1,000 s/f juice bar lease
Nailah Graves-Manns, DJK ResidentialCLICK HERE for full story
5. Steinmetz and Lieberman of Meridian sell 62,740 s/f Brooklyn multifamily for $16.625 million
743-755 Fenimore Avenue - Brooklyn, NY CLICK HERE for full story
6. Barbatsis-Savidis and Barbatsis of Marcus & Millichap arrange $3.93 million retail sale
2269 86th Street - Brooklyn, NY CLICK HERE for full story
7. Sinatra & Co. acquires portfolio for $24.3 million: 410 apartments
Washington Square Apartments, 5546 Scranton Road - Hamburg, NY CLICK HERE for full story
8. Giscombe Realty Group sells 1825 Park Avenue to Savanna for $48 million
1825 Park Avenue - New York, NYCLICK HERE for full story
9. Mavashev and Aronov of Alpha Realty handle $9.75 million in off-market deals
845 Schenectady Avenue - Brooklyn, NY CLICK HERE for full story
10. Westbridge Realty Group closes five deals totaling $15.825 million
Aerial, 906-908 Bergen Street - Brooklyn, NY CLICK HERE for full story
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Columns and Thought Leadership
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
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