Finn and Simpson of CBRE handle $6.5m sale

Peter Finn, executive vice president of CBRE/Syracuse, and Dan Simpson of CBRE/Albany, exclusively brokered the $6.5 million sale of the Riverhill Garden Apartments, which equated to $63,725 per unit. Located at 185 Van Rensselaer Blvd., the Riverhill Garden Apartments is a 102-unit, 18-building complex with 26 garages, representing 117,000 gross s/f. The buyer was a N.Y.C.-based investment fund which will continue to operate the property as a market rate, multifamily apartment complex.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

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.

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Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing

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.

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Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional