Ferro and Gibbons of Prudential Blake Commercial broker $4 million sale ; Redmond of CBRE-Ablany represents seller, Tab Associates
Richard Ferro and Julie Gibbons of Prudential Blake Commercial, Realtors of Albany, closed a sale on 11.64 acres of vacant land located at 4 Winners Circle, at a price of $4 million. Ferro and Gibbons represented the buyer, Capital Communications Federal Credit Union, culminating a three year effort that involved identification and analysis of more than 20 candidate sites as Cap Com FCU sought a location for a new 118,400 s/f headquarters building. Peter Redmond of CBRE- Albany represented TAB Associates LP, the seller.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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.
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