McGorman and Lease of John J. Lease Realtors secure 10,000 s/f sale
John J. Lease Realtors have sold the 10,000 s/f commercial building located at 299 Washington St. and Robinson Ave.
This highly visible building was owned and occupied for years by J.D. Parella Electric Corp. The new owner is United Air Conditioning, Refrigeration, Plumbing and Heating. United is owned by Richard Fracasse and was founded in the mid 1960's. They have expanded their operations from 15 to 20 employees and specialize in commercial heating and plumbing.
The building was constructed in 1905 and was originally used for the manufacture of curtains and drapery. Parella Electric then occupied the building for 25 years until the sale to United.
John J. Lease Realtors was represented by Brian McGorman and Richard Lease.
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.
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
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