News: Brokerage

Bohemia Realty Group grows 25% in Q1 2019

New York, NY Bohemia Realty Group, a full-service real estate brokerage specializing in the sale and leasing of residential and commercial properties in Upper Manhattan and the Bronx, as well as the greater New York City area, grew more than 25% in the first quarter of 2019, according to Jon Goodell, co-founding principal. With two offices in Upper Manhattan, comprising a Harlem office at 2101 Frederick Douglass Blvd. (113th/114th Sts.) and 3880 Broadway (161st/162nd Sts.) in Washington Heights, the firm has 133 licensed sales agents, up from 106 agents in December 2018. In addition, Bohemia now has one of the largest numbers of exclusive listings in Upper Manhattan, by market share.

“Sarah [Saltzberg] and I started Bohemia in 2012 with just a few agents and a dream of becoming a part of the amazing communities that make Upper Manhattan so dynamic,” said Goodell. “We created an environment that would be especially welcoming to entrepreneurs who wanted additional income without compromising artistic pursuits. And it’s worked!”

In 2016, the Washington Heights office opened and by 2018, there were 100 full-time, licensed agents in both offices. In addition to a marked increase in licensed agents this year, Bohemia Realty Group has been experiencing record growth in sales and leasing.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,