News: Brokerage

NAI Friedland completes sale of 36-acre site to Westrock Development

NAI Friedland Realty recently sold the 36-acre site opposite Cortlandt Town Center to Westrock Development for an undisclosed price. Westrock proposes to build a mixed-use development on the site with both retail and housing components. Steven Oder, CEO of Friedland Realty, will be the exclusive broker for the retail development.   The 10-acre retail parcel with over 1,000 ft. of road frontage is the proposed site of Cortlandt Crossings, a new grade level retail shopping center. The center will include 85,000 s/f of retail space and a 5,000 s/f bank pad site with 445 parking spaces. Construction is scheduled to start in November 2009, with a delivery date of November 2010.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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
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.