Goldschmidt of Goldschmidt & Associates brokers 2 sales for $4.15 million; Lipollis of Prudential River represents buyer in $1.65 million sale

Eric Goldschmidt, senior partner, at Scarsdale NY based Goldschmidt & Associates revealed that he has brokered the sale of two Westchester County commercial properties. Goldschmidt was the exclusive broker for the sellers of both properties. 566 East Boston Post Rd. (the Briggs Antique Building) was sold to a private owner for $2.5 million. Goldschmidt was the sole broker for this transaction. The purchaser's attorney was Paul Herrick of Rabin Panero & Herrick. The 6,400 s/f medical building at 91 Smith Ave., Mt. Kisco was sold for $1.65 million to an owner/user. The purchaser's broker was Joseph Lipollis of Prudential River Towns Real Estate of Peekskill. The purchaser will use a portion of the building for its medical related use.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Merrell, Monahan and Delisle of Island Assocs. sell 8,388 s/f retail building for $2 million

Columns and Thought Leadership

Strategic pause - by Shallini Mehra and Chirag Doshi

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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

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