Howard Greenberg, a partner with DeMarzo Realty, recently co-brokered an $11.5 million sale of a property on the final day of the buyer's 1031 exchange period-less than a month after joining the seller's brokerage team, working with the exclusive broker Vanessa DiCarlo. Notably, the contract closing also took place on the day of the signing.
The property, a free-standing garage building at 506-10 West 181st St., near Yeshiva University in Inwood, was sold by 506-10 West 181st St. LLC, and bought by MICL LLC.
Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
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.
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,
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
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