News:
Brokerage
Posted: February 4, 2020
Farah of Greiner-Maltz acts for Local 463 Realty in $1.45 million sale; Reiff and DiCiero of Greiner-Maltz lease 28,000 s/f
Queens, NY Greiner-Maltz is a full-service commercial real estate brokerage firm, has completed the following transactions:
- A three-story building at 87-80 Parsons Blvd. in the Jamaica neighborhood sold for $1.45 million. The property contains three office units, which total 5,700 s/f. Local 463 Realty Corp. sold the office building to Dinu Pietraru. Samia Farah of Greiner-Maltz Investment Properties represented the seller.
- Respect Auto Group has signed a NNN lease for a single-story warehouse locate at 35-01 Northern Blvd. in Long Island City. The property is comprised of 28,000 s/f, including a 10,000 s/f showroom and 8,000 s/f of warehouse space. Larry Reiff of Greiner-Maltz represented the landlord, East Shire 35-01 Realty LLC, while Luca DiCiero represented the tenant.
Tags:
Brokerage
MORE FROM Brokerage
Veris Residential completes $75 million sale of Harborside 8/9 land parcel to Panepinto Properties
Jersey City, NJ Veris Residential, Inc., a multifamily REIT, sold its 4.2-acre Harborside 8/9 land parcel for $75 million. Net proceeds are estimated to be $69 million, which the
.jpg)
Quick Hits
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
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,
.gif)