News: Brokerage

Billitzer of Itzhaki Properties brokers $3 million sale of four-story walk-up

Billy Billitzer at Itzhaki Properties exclusively sold 138 West 19th St. in Chelsea in an all-cash deal to an overseas development fund for $3 million. The four-story walk-up building consists of the ground floor as retail and three floors of office space. The building will be delivered vacant. Built 4,100 s/f with additional 10,000 s/f of air rights. The seller is a private investor and Billitzer was the sole broker.
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SCRE expands Brooklyn family retail sector through dual closings

Brooklyn, NY Saugatuck Commercial Real Estate (SCRE) has finalized two retail leasing transactions targeting family-oriented services. Both long-term leases were brokered by Erika Tulsi, Licensed Real Estate Associate at SCRE.
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Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking