News: Brokerage

Consolo, Aquino and Maglio of Douglas Elliman chosen to market 2,400 s/f community facility condo

The leasing and sales team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president, and Arthur Maglio of Douglas Elliman's Retail Group has been awarded an exclusive agency to sell or lease a 2,400 s/f commercial condominium, designated for community facility use, at 58 West 129th St. Located in Uptown58, a condominium development off the corner of Lenox Ave., the space is close to Harlem Hospital and surrounded by a mix of restaurants and retail, including Harlem Shake, Chez Lucienne, Red Rooster, Sylvia's and Corner Social. In addition, Whole Foods and Burlington Coat Factory are coming soon to the immediate area. Possession is estimated for fourth quarter 2014. "This agency reflects our commitment to the neighborhood and our ability to address the growing needs for convenient, quality healthcare and non-profit facilities," said Consolo. "Lenox Ave. is truly in the heart of Harlem and we are well-experienced at bringing valued services where they are needed." Maglio said, "Over the years, we have carved out a niche for ourselves in this segment of the market by introducing a host of clinics, healthcare practices, schools and charitable organizations to the neighborhood. I think this particular area is primed for an organization that can provide a type of service to a rapidly expanding population." Among the many community-based businesses and government agencies that the team has introduced to Harlem are Tribeca Pediatrics, Children's Aid Society, AIDS Service Center NYC, Food Bank for NYC, Ralph Lauren Center for Cancer Care and Prevention, Friends of the Children, Central Park North Orthodontics, Sunshine Day Care, Sugar Hill Medical Plaza, U.S. Department of Veterans Affairs and the Internal Revenue Service.
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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

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