Category: Brokerage
NYSCAR conference at Rivers Casino to be held June 24th-26th
February 13, 2024
Schenectady, NY The New York State Commercial Association of Realtors (NYSCAR) will hold their annual conference at Rivers Casino on June 24th-26th. Upstate NY CCIM Chapter and the Society of Exchange Counselors are sponsors of the event.
February 2024 NYSCAR Professional Development Course
February 13, 2024
Creating Wealth Through 1031 Exchanges Date: Tuesday, February 27, via Zoom 9:00 am – 12:00 pm Instructor: Russell Gullo, CCIM CE credit: 3 hours. Best Kept Secret In Real Estate
Ariel Property Advisors arranges $26 million
sale of 237-unit 1500 Noble Ave.
February 13, 2024
Bronx, NY Ariel Property Advisors (Ariel) negotiated the $26 million sale of a 237-unit high-rise multifamily building at 1500 Noble Ave. An Ariel team comprised of Victor Sozio, founding partner; Shimon Shkury, president and founder; Jason Gold,
Del Frisco’s Double Eagle renews lease
at 1221 Avenue of the Americas
February 13, 2024
Manhattan, NY According to Rockefeller Group, property developer and owner of 1221 Avenue of the Americas in Rockefeller Center, Del Frisco’s Double Eagle Steakhouse has renewed its lease for an additional 20 years.
Evercore expands by 95,000 s/f at Fisher Brothers’ Park Ave. Plaza
February 13, 2024
Manhattan, NY Fisher Brothers said that Evercore has expanded its presence by 95,000 s/f across floors 39 through 41 at Park Ave. Plaza. Growing its existing footprint by nearly 25%, Evercore will now occupy over half a million s/f. The midtown tower remains
Wren Kitchens and Penn Fabricators form partnership
February 13, 2024
Medford, NY Wren Kitchens and Penn Fabricators have formed a collaboration, a transformative endeavor aimed at revolutionizing commercial kitchen and bath solutions across New York City and Long Island.
Can communications help spur market revival? - by Harry Zlokower
February 13, 2024
During a recent walk on the Brooklyn Promenade — its memorable skyline of downtown and Midtown Manhattan in full view — I wondered how things will turn out in New York’s latest and arguably most severe commercial real estate crisis in history.
Development Site Advisors opens enrollment to training program
February 13, 2024
Manhattan, NY Development Site Advisors opened its enrollment for its Development Site Academy class, set to kick off this spring. Graduates will jump-start their CRE brokerage careers while setting themselves apart from other brokers.
Bilt Rewards receives $200 million equity investment; Chenault named chairman of board
February 13, 2024
New York, NY Bilt Rewards (Bilt) received a $200 million equity investment, led by General Catalyst, with contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This puts the company’s valuation to $3.1
Banner year for Yonkers IDA voting financial incentives for projects representing $802 million
February 13, 2024
Yonkers, NY The Yonkers Industrial Development Agency (IDA) continued its key role as a force in the borough’s economic renaissance with another record year of voting approvals of financial incentives for residential and commercial projects representing
Bayport Funding provides $7.75m bridge loan for four-unit apartment building
February 13, 2024
Brooklyn, NY Bayport Funding provided a $7.75 million bridge loan to support the refinancing of a mixed-use property in Boerum Hill. Located on Atlantic Ave., this four-family apartment will include ground-floor retail and stand at six stories tall. It also
Realterm acquires 32-door truck terminal on five-acres at 80 W Nyack Rd. in Nanuet
February 13, 2024
Nanuet, NY Realterm has added to its transportation logistics real estate portfolio with the acquisition of 80 W Nyack Rd., a 32-door truck terminal. The low-coverage property is on five acres.
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