Ferretti and Veksler of National Brokerage complete $1.3 million sale
National Brokerage's president, Jeffrey Ferretti and VP, Klara Veksler were instrumental in securing a buyer for 5114-5116 Ave. N. The former Kings Restaurant property is zoned C2/R5 and sold for $1.3 million. These were four parcels on one tax lot. Ferretti and Veksler represented both parties.
In a second transaction, a 6,000 s/f warehouse, zoned M-1, in East Flatbush was sold to a sanitation carting company. Ferretti and Veksler represented both parties.
According to Veksler, "It's all in the marketing to the right buyers and sellers."
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
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
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,
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