Category: Brokerage

Swig honored by the MJHI and inducted into The Jewish Hall of Fame Class of 2023

Swig honored by the MJHI and inducted into The Jewish Hall of Fame Class of 2023

May 16, 2023
Manhattan, NY Kent Swig, President of Swig Equities, was honored by the Manhattan Jewish Historical Initiative (MJHI) at the Fifth Annual Induction Ceremony of the MHHI’s Jewish Hall of Fame Class of 2023. The ceremony was held in Bryant
GFI Realty completes $4.15 million sale of 29-unit multifamily building

GFI Realty completes $4.15 million sale of 29-unit multifamily building

May 16, 2023
Bronx, NY GFI Realty Services, LLC announced the $4.150 million sale of 1342 St. Lawrence Ave., a multifamily building comprised of 29 units and an antenna, located in Soundview. GFI Realty Director Zachary Fuchs, on an exclusive basis
Shawmut Design and Construction launches Mental Health & Wellness Leadership Group during safety week

Shawmut Design and Construction launches Mental Health & Wellness Leadership Group during safety wee...

May 16, 2023
Shawmut Design and Construction, a leading $1.3 billion national construction management firm, hosted its 14th annual Safety Week, focusing on physical and mental health, safety, and well-being. The week consisted of 731 events and training sessions held across 133 locations
New multi-family development continues to evaporate as State Legislative session nears conclusion

New multi-family development continues to evaporate as State Legislative session nears conclusion

May 16, 2023
The Real Estate Board of New York (REBNY) released its April 2023 Multi-Family Foundation Plan Application Report. This monthly report reviews applications for residential building foundations submitted by developers to the NYC Department of Buildings (DOB), providing a helpful
A new era for mental health in the workplace - by Les Hiscoe

A new era for mental health in the workplace - by Les Hiscoe

May 16, 2023
We are in a new, much-needed era for prioritizing mental health at work. Businesses only perform as well as their employees, and nearly one-fifth of U.S. workers rate their mental health as fair or poor. Leaders across industries must be in lockstep with this paradigm shift to create an effective, supportive mental
Simone of Concourse Realty Partners arranges $7 million sale of 13,000 s/f building

Simone of Concourse Realty Partners arranges $7 million sale of 13,000 s/f building

May 16, 2023
Bronx, NY David Simone of Concourse Realty Partners arranged the sale of 200 East 167th St. in the Bronx for $7 million. The 13,000 s/f building consists of 5 commercial spaces and sold for a 5.5% cap rate
DOS indicates it will audit licensees and their use of corporate titles - by Anthony Gatto & Liz Celeone

DOS indicates it will audit licensees and their use of corporate titles - by Anthony Gatto & Liz Cel...

May 16, 2023
Recently, the Department of State (DOS) indicated it would be auditing licensees and their use of corporate titles. The DOS issued two opinions prohibiting the use of corporate titles by associate brokers and salespersons. There is no exception merely because the licensee practices commercial real estate or is a member of team. These (opinions) prohibit a real estate salesperson from holding voting stock or being
Benefits of NYSCAR Membership - by Ira Zucker

Benefits of NYSCAR Membership - by Ira Zucker

May 16, 2023
Advocacy at the State CapitolNYSCAR is passionate about the laws that affect all of us, on local, state and national levels. Our affiliations with NYSAR and NAR give us a voice in opposing legislation that would hurt our industry as well as in supporting positive legislation. This political “watch dog” function
New York Real Estate Education Changes/Requirements by Licensing Law - by Edward Smith

New York Real Estate Education Changes/Requirements by Licensing Law - by Edward Smith

May 16, 2023
Prior to July 1, 2021, if you were a Real Estate Broker for 15 years or more you were exempt from taking Continuing Education courses, known as being “Grandfathered”. As of July 1, 2021, Grandfathering ended and all real estate licensees must take 22
PH Realty Capital & Rockledge purchase 53,815 s/f building for $11.35 million

PH Realty Capital & Rockledge purchase 53,815 s/f building for $11.35 million

May 16, 2023
In partnership with Peter Hungerford of PH Realty Capital, David Kaye and Joe Listhaus of Rockledge purchased 401 and 405 Edgecombe Ave. The purchase includes two contiguous walk-up buildings
Why promotional products work - by Carlton Cooper

Why promotional products work - by Carlton Cooper

May 16, 2023
Promotional products, also known as advertising specialties, are an effective marketing tool because they generate goodwill, increase brand recognition, and create a lasting impression on customers. Promotional merchandise is any item branded with a logo or message that is gifted to promote a brand, product, service, or message. 
Matheos Realty closes sale on two properties <br> for $4 million totaling 25,240 s/f

Matheos Realty closes sale on two properties
for $4 million totaling 25,240 s/f

April 25, 2023
Brooklyn, NY Matheos Realty Group has closed the sale of two multifamily properties in East Flatbush for $4 million. The properties, located at 795 Linden Blvd. and 229 East 52nd St., were sold to a private real estate