Category: Brokerage
Northgate Real Estate Group to auction 43 unit new-construction building in bankruptcy
August 22, 2024
Brooklyn, NY Northgate Real Estate Group, the top bankruptcy, foreclosure & restructuring brokerage firm in New York, has been exclusively engaged to market for sale 2417 Albemarle Rd., under a chapter 11 bankruptcy plan. 2417 Albemarle Rd. is a 38,493 s/f 12-story multifamily building with 43 large residential units and 30 parking spaces in Flatbush.
United Group breaks ground on new mixed-use development
August 13, 2024
Troy, NY United Group developers were joined by city and state officials, development partners, business leaders and more to celebrate the start of the construction for City Station North II, LLC, downtown’s mixed-use, class A development consisting of multi-family apartments
JLL completes 151,169 s/f industrial
lease for Ranger Design
August 13, 2024
Webster, NY JLL has completed a 151,169 s/f industrial lease for Ranger Design at 700 Resende Rd., a two-building property that was part of the former Xerox campus. JLL represented the landlord, locally based Tessy Plastics Corp., which acquired
Adler of Rand Commercial sells 4.88 acre site for $3.25 million
August 13, 2024
Garnerville, NY Rand Commercial negotiated the sale of a development assemblage on West Ramapo Rd., aka NYS Rte. 202, Rockland County. An assemblage of five separate tax lots along Ramapo Rd. sold for $3.25 million. The seller
Daiwa Capital Markets America inks 44,100 s/f lease at Mitsui Fudosan America's 1251 Avenue of the A...
August 13, 2024
Manhattan, NY Daiwa Capital Markets America Inc. (DCMA) and Mitsui Fudosan America (MFA) said that financial services company DCMA has signed a 20-year lease for 44,100 s/f spanning the 49th floor of 1251 Avenue of the Americas. DCMA will relocate its New York headquarters
Rose Associates selected to
manage Forty Six Fifty
August 13, 2024
Manhattan, NY Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, was recently selected by The Arden Group to manage Forty Six Fifty, a newly constructed multifamily building at 4650 Broadway. "We are excited to be managing
Raffa of Island Assocs. negotiates two leases - 2,817 s/f at 490 Wheeler Rd.
August 13, 2024
Hauppauge, NY Island Associates negotiated two new lease agreements for office space at 490 Wheeler Rd. GNP Brand Gear signed a lease and took occupancy of 1,717 s/f of office space. They design and sell eco-friendly products.
August 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell
August 13, 2024
Many thanks to Katheryn DeClerck who taught “Realtor Hunger Games” in July. Katheryn kept the participants very engaged and the course fulfilled the two hour requirement for implicit bias training to renew your New York real estate license. We have two upcoming courses, via Zoom
Time Equities acquires 44,635 s/f Big Flats Commons from NNN REIT for $6.5 million
August 13, 2024
Elmira, NY Time Equities, Inc. (TEI) acquired Big Flats Commons, a 44,635 s/f shopping center located at 950 Rte. 64, from NNN REIT, a real estate investment trust, for $6.5 million. “In a strategic move aimed at expanding our presence in underserved
Watkins and Algarin of The Oak & Avery Group sell 48-unit multifamily for $8 million
August 13, 2024
Pleasant Valley, NY The Oak & Avery Group negotiated the sale of Pleasant Valley Estates, a 48-unit multifamily complex. Anthony Watkins, president, and David Algarin, vice president, represented the seller and the buyer in the $8 million all-cash transaction.
Lionheart Strategic Mgmt. and Apollo Global Mgmt. provide $129.6m in funding for Madison Realty Capi...
August 13, 2024
Manhattan, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, provided a $27.6 million loan to Madison Realty Capital for the ground up construction of 644 East 14th St., a 24-story multi-
Schertz of Schuckman Realty completes $25.2m sale of multi-family buildings in Harlem
August 13, 2024
Manhattan, NY Schuckman Realty brokered the sale of two multi-family buildings located at 111 and 148 W 141st St. The sale closed on July 18, 2024, with a sale price of $25,210,891.
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