News: Brokerage

Brookfield Financial accepting bids for Long Island City development site through November 14th

Brookfield Financial Real Estate Group New York is announcing it is currently accepting bids for the 27-21 44th Drive development site in the Court Square area of Long Island City, Queens. All bids are due by no later than the end of day, Thursday, November 14th. Brookfield Financial has been retained as the exclusive sales agent for the development site, which is comprised of three adjoining lots zoned R9/M1-5/LIC for as of right residential use. The Brookfield Financial brokerage team of Eric Anton and Ron Solarz along with Eric Weinberg are spearheading the sales effort on the property. The current asking price for the property is $23.5 million. To request a Confidential Information Memorandum regarding the property, please execute and return the Confidentiality Agreement, available online and submit to [email protected] or [email protected].
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
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.