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Brokerage
Posted: September 13, 2022
Cignature Realty named recipient of CoStar Power Brokers Quarterly Deals
New York, NY Cignature Realty has been named as an honored recipient of the CoStar Power Brokers Quarterly Deals award and ranked top 5 in Green Street’s Real Estate Alert ranking of multifamily brokers in the first half of 2022.
Lazer Sternhell, Peter Vanderpool, and Sarah Mae Selnick of Cignature Realty were recognized in CoStar’s Top Sales Deals in Brooklyn. Sternhell, Vanderpool and Selnick represented the seller and buyer for 260 Gold St., a multifamily building in Brooklyn that sold for $225 million in the second quarter.
Additionally, CoStar awarded Sternhell and Vanderpool for the $92 million sale of a 10-building multifamily portfolio in Washington Heights, listed among the Top Sales Deals in New York City in the first quarter.
Both sales earned recognition in Green Street’s Real Estate Alert national recap of brokers representing sellers in multifamily deals of at least $25 million. Cignature Realty’s dealings accounted for 7.2% of the market share in New York, with a total of $317.2 million in sales as of June 30th.
The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage. For research purposes, CoStar separates sales in Brooklyn, Queens, Suffolk, and Nassau County from the New York City Market (Manhattan).
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