CBRE-Albany sells Wade Lupe Apartment complex for $8.25 million
John MacAffer, Dan Simpson, CCIM and Ann
MacAffer, CCIM of CBRE-Albany have sold the Wade Lupe Towers and Garden Apartment Complex, a ten building, 208-unit complex on Queens Blvd.
The apartment complex sits on 10.96 acres and abuts the Stadium Golf Club. The property transferred from Wade Lupe Towers LLC to Wade Estates, LLC for $8.25 million.
CBRE-Albany is an affiliate office of CBRE Group, Inc. CBRE is a Fortune 500 and S&P 500 company headquartered in Los Angeles.
With over 29,000 employees, the company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent