Imani Q'ryn Realty selected to market Atlantic Plaza Towers
Brooklyn, NYÂ Â Nelson Management/Global One Investments has tapped Imani Q'ryn Realty, a residential brokerage, to serve as exclusive broker for Atlantic Plaza Towers, a two-building, 718-unit complex located on the edge of Bed Stuy & Crown Heights section.
The property is located at 216 Rockaway Ave. and 249 Thomas S. Boyland St.
Nelson Management Group has a long-standing relationship with Imani Q'ryn Realty that dates to 2000. Atlantic Plaza Towers now becomes the fifth property in the owner’s portfolio to be represented by the broker. The other four venues, all in the vicinity of the Barclays Center, include 150 St. James Place, 92 Gates Ave., 47 Clifton Place and 214-218 Prospect Place.
“Because of their real estate expertise and their role in transforming neighborhoods, we are pleased to tap the services of Imani Q'ryn Realty for yet another Nelson asset,†said Robert Nelson, president of Nelson Management Group. “Imani Q’ryn and her team know the market well, and they know what it takes to attract a strong tenancy in this part of Brooklyn.â€
The broker team will be led by company founder Imani Q’ryn and associate broker Marilyn Fleming.
Atlantic Plaza Towers is about to undergo a multimillion dollar CapEx program. The site previously completed a $10.5 million capital improvement program that included new roofs and windows, elevator replacement, façade enhancements, and a new boiler plant.
Atlantic Plaza Towers offers studio, one, two and three-bedroom apartments, all with balconies and views of the Manhattan skyline. Selected amenities include a newly renovated, on-site laundry room, a soon-to-be-built fitness center, spacious outdoor recreation, 24-hour doorman service, on-site assigned parking, and security cameras.
Atlantic Plaza Towers is located one block from the A and C subway lines and a short walk from the L and M lines.
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.
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
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.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
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