Category: Brokerage

Eberz of CBRE Upstate NY brokers  $4.5 million sale of 98,090 s/f industrial building - 100 Gemcor Dr.

Eberz of CBRE Upstate NY brokers $4.5 million sale of 98,090 s/f industrial building - 100 Gemcor D...

December 12, 2023
West Seneca, NY CBRE Upstate NY negotiated the $4.5 million sale of the 98,090 s/f industrial property at 100 Gemcor Dr. CBRE Upstate NY’s Lida Eberz represented Gemcor Automation LLC in the disposition of the manufacturing facility
Cleeman Realty Group arranges $20.75 million sale of Mid City Plaza

Cleeman Realty Group arranges $20.75 million sale of Mid City Plaza

December 12, 2023
North Tonawanda, NY Cleeman Realty Group brokered the $20.75 million sale of Mid City Plaza. The 210,081 s/f shopping center is anchored by a Tops Market grocery store and is on a 24.73 acre lot. The grocery store recently underwent a nearly $3 million renovation to the interior
Café Boulud New York now accepting reservations for dining starting December 14

Café Boulud New York now accepting reservations for dining starting December 14

December 12, 2023
Manhattan, NY Chef Daniel Boulud said that reservations at his new Upper East Side institution, Café Boulud, are now available on Resy. The restaurant will reopen its doors on December 14 in a new location, 100 E 63rd St.
Development Site Advisors brokers $21 million sale of 18,756 s/f development site for The Rowan II

Development Site Advisors brokers $21 million sale of 18,756 s/f development site for The Rowan II

December 12, 2023
Queens, NY In a $21 million all-cash deal, commercial real estate exclusive brokers Development Site Advisors has arranged the sale a 18,756 s/f development site assemblage in Astoria, according to Development Site Advisors managing
Partnership led by Infinite Horizons, L+M Dev, Urbane and Lemor Dev. will transform Lincoln Correctional facility into housing and community spaces

Partnership led by Infinite Horizons, L+M Dev, Urbane and Lemor Dev. will transform Lincoln Correcti...

December 12, 2023
Manhattan, NY Governor Kathy Hochul unveiled Seneca, the selected proposal to redevelop the former Lincoln Correctional Facility. This proposed project would invest over $90 million in Harlem, bringing 105 affordable homeownership units
Navigating the waves: The cyclical nature of real estate and marketing - by Kimberly Zar Bloorian

Navigating the waves: The cyclical nature of real estate and marketing - by Kimberly Zar Bloorian

December 12, 2023
The commercial real estate market is a perpetual ebb and flow of highs and lows, and any player can attest to its cyclical nature. As the market oscillates, real estate professionals question whether their marketing strategies should mirror the
Rosenberg & Estis represents The Durst Organization in One World Trade Center agreements to launch NEXTGEN TV

Rosenberg & Estis represents The Durst Organization in One World Trade Center agreements to launch N...

December 12, 2023
Manhattan, NY Rosenberg & Estis, P.C. served as legal counsel to The Durst Organization in a broadcast television deal. The deal allows public television station WLIW to host the transmission of NEXTGEN TV
BOMA New York presents 2023 Civic Betterment Award to CaringKind

BOMA New York presents 2023 Civic Betterment Award to CaringKind

December 12, 2023
Manhattan, NY BOMA New York presented the 2023 Civic Betterment Award to CaringKind, New York City’s leading expert on Alzheimer’s and dementia caregiving for over 45 years. The BOMA New York Civic Betterment Award
Four reasons why investors should consider Qualified Opportunity Zone Funds for tax advantages and potential returns - by Dwight Kay

Four reasons why investors should consider Qualified Opportunity Zone Funds for tax advantages and p...

December 12, 2023
Qualified Opportunity Zone Funds (QOZF) have become an integral part of the investment landscape in recent years for those investors seeking to defer capital gains taxes on the sale of appreciated assets. At Kay Properties,
Quinn Emanuel Urquhart & Sullivan leases 132,000 s/f at renovated 295 Fifth Ave.

Quinn Emanuel Urquhart & Sullivan leases 132,000 s/f at renovated 295 Fifth Ave.

December 12, 2023
Manhattan, NY Tribeca Investment Group (TIG), PGIM Real Estate and Meadow Partners made known that global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP (Quinn) has signed a 132,000 s/f lease at the fully renovated 295 Fifth
Industry City signs four new leases totaling 15,282 s/f

Industry City signs four new leases totaling 15,282 s/f

December 12, 2023
Brooklyn, NY Industry City, the 35-acre mixed-use complex comprising 16 waterfront buildings in Sunset Park, publicized four new lease signings at the campus totaling 15,282 s/f. New deals include:
Merchants Capital provides $225 million for rehabilitation of seven affordable properties in Bronx

Merchants Capital provides $225 million for rehabilitation of seven affordable properties in Bronx

December 12, 2023
Bronx, NY Merchants Capital has provided more than $225 million in financing to support the New York City Housing Authority (NYCHA) Permanent Affordability Commitment Together (PACT) Union Avenue Consolidated project, which involves a