Hakimian and Feldman of Itzhaki broker $2.695m sale of two bldgs.

Itzhaki Properties has completed the sale of 455-459 61st St. located in the Sunset Park neighborhood between 4th and 5th Aves. These two four-story buildings have a combined 32 units and a total of 27,520 s/f. The buildings sold for $2.695 million. Ivan Hakimian, managing partner of Itzhaki, represented the buyer, while Andrew Feldman, managing partner of Itzhaki, represented the seller. Situated in SoHo, Itzhaki, a full-service commercial investment brokerage firm provides comprehensive and innovative real estate solutions to investors, property owners, and corporations worldwide. Itzhaki is dedicated to continuously developing relationships resulting in increased capital beyond the expectation of our clients.

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Reynolds, Davila and Loch of Investment Property Realty Group close $3.735 million sale of 216, 218, 220 East 179th St.

Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.

Investment Property Realty Group closes $2.9 million sale of 42 Richardson St.

IPRG closes $2.9m sale of 42 Richardson St.

Investment Property Realty Group closes $9.4 million sale of 73 Warren St.

IPRG closes $9.4m sale of 73 Warren St.

Investment Property Realty Group closes $1.7 million sale of 491 East 166th St.

IPRG closes $1.7m sale of 491 East 166th St.

Investment Property Realty Group closes $3 million sale of 4,350 s/f mixed-use building at 709 Fulton St.

IPRG closes $3m sale of mixed-use building at 709 Fulton St.

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Katherine Acre breaks ground on 170,000 s/f multifamily development in Port Chester

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Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.

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,

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