News: Brokerage

Goldflam of Highcap Group reps buyer and seller in $2.85 million sale; For 260 West 73rd Street, a five-story walk-up with 6,400 s/f

Josh Goldflam, managing principal of investment sales firm Highcap Group, has brokered the sale of 260 West 73rd St. on the Upper West Side for $2.85 million. Goldflam represented both the seller and purchaser. The building has been sold only two times since being built in 1900. The five-story walk-up apartment building is 6,400 s/f and consists of 10 apartments. Seven out of the 10 apartments are being delivered vacant with the opportunity for the purchaser to renovate the majority of the property before leasing up the remaining units. The 19 ft.-wide classic UWS townhouse also has 1,300 s/f of additional air rights that may be used in the future.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking