News: Brokerage

Michael and Frank Rao of NYCRG close three deals totaling 133,200 s/f; Includes the sale of a 118,000 s/f class A office building

Harrison NY Michael Rao and Frank Rao of NYCRG have brokered three deals in Westchester County totaling 133,200 s/f. The deals include: * NYCRG represented the buyer Cerlee LLC in the "all cash" sale of 104 Corporate Park Dr., a 118,000 s/f class A office building. CBRE team of William Cuddy, Jr. and Timothy Donohue represented the seller GLIC Real Estate Holding, LLC. * The Shade Store signed a long term lease for 14,000 s/f of retail space at 21 Abendroth Ave., Port Chester. NYCRG was the sole broker * Manetsys Inc. signed a long-term lease for 1,200 s/f in office space at 56 Harrison St., New Rochelle. NYCRG was the sole broker. NYCRG partners Michael Rao and Frank Rao closed 30 deals in 2011 consisting of over 450,000 s/f.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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

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
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for