News:
Brokerage
Posted: August 25, 2026
Adler of Rand Commercial brokers $9.5 million sale of Yonkers development site
Yonkers, NY Paul Adler, Esq., SIOR of Rand Commercial brokered the $9.5 million sale of 1219 Yonkers Ave., the former site of the Kimball Theatre, where a residential development had previously been approved.
The property was acquired by developer Mark Stagg’s Stagg Group from 1219 Yonkers Avenue LLC, a joint venture of Aubrey Capital LLC and Empire General Contracting. The seller had received approvals from the city for a development known as The Kimball Residences.
Rand Commercial represented the buyer. William Cuddy, Jr. and Jacqueline Novotny of CBRE represented the seller.
Tags:
Brokerage
New York City
MORE FROM Brokerage
Ones To Watch: Innovators In Commercial Real Estate: Lisa Nickerson, Infinityy
What I’m most proud of is the human impact of what we’re building. Technology should do more than improve efficiency — it should make
Quick Hits
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)