News: Brokerage

Haque of Extreme Realty arranges $4.425 million sale of Queens walk-up bldg.

Extreme Realty, LLC has arranged the sale of 47-60 39th Pl. for $4.425 million. This 4-story walkup apartment building contains 32 apartments, 22 of which were delivered vacant. The property was built in 1937 and has been under the same ownership since 1938. The purchaser took over the C Corp. in this transaction. Extreme Realty's Nadeem Haque represented the both parties. Founded in 1994 by James Guarino and Joel Radmin Extreme Realty, has become one of New York's top Real estate firms. Extreme offers financial consultation, price negotiation, and competitive market analysis. Extreme Realty is proud to offer our business partners the ability to buy and sell property. We are renowned for our ability to match each of our clients with best possible transaction.
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Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

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
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Columns and Thought Leadership
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
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.
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,