News: Brokerage

Rosenblatt and Gerome of Cresa sell 6,096 s/f commercial coop. to Clark Construction for $3.25m

Manhattan, NY Cresa managing principal Bert Rosenblatt and vice president Alex Gerome represented Clark Construction Corp. for the $3.25 million acquisition of a 6,096 s/f commercial cooperative at 127 West 24th St. in Chelsea. The buyer is a general contracting and construction management firm.

“We saw this as a great opportunity for our client to purchase a commercial co-op in Manhattan in a conveniently located area,” said Rosenblatt.

Clark Cons. president Erhan Secilmis said, “For me, this space represents a commitment to both our craft and our people. It will serve as a place where our team can collaborate, innovate, and continue to push the boundaries of what it means to build the extraordinary in Manhattan.”

The seller, NY Landmark Construction, was represented by Michael Rudder and Justin Harris of Rudder Property Group. The buyer’s attorney was Rafael Raffaelli. The seller’s attorney was Steve Tanen, Starr Law Firm. Clark Cons. will be relocating its headquarters from 99 University Pl.

MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

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
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.