Category: Brokerage

Albany, NY NYSCAR is very sad to share the news that president Dana Crocker passed away on March 29, 2023 after a short illness. Crocker served on the NYSCAR Board for many years, serving as governor, vice president, secretary and treasurer before being elected president in 2022. He was proudly honored as NYSCAR’s Realtor of the Year in 2013.

Manhattan, NY Ariel Property Advisors and Cushman & Wakefield brokered the sale of two multifamily properties on the Lower East Side for a total of $24.8 million.  The two properties include:

Manhattan, NY Lendlease has named Leah Granderson head of Diversity, Equity and Inclusion (DE&I) for its U.S. business. She will report directly to U.S. chief people officer Carol Gomez.

Queensbury, NY Christopher Farrell and Barry Feinman of Vanguard-Fine, LLC and Ann MacAffer of CBRE, Albany brokered the sale of 176 Quaker Rd. between the buyer Collection Center Property Company, LLC and seller Aldi, Inc. (New York). The purchase price was $1.55 million.

High interest rates, inflation, investors “in limbo,” and turmoil in the banking sector are dominating recent headlines, leading to overall lower transaction volume across New York. However, investors and brokers are resilient and are constantly looking for ways

Manhattan, NY Enterprise Community Partners (Enterprise) closed the Equitable Upward Mobility Fund (EUMF), a $190.2 million Low-Income Housing Tax Credit fund designed specifically to support economic mobility with a focus on racial equity. With commitments from investors

White Plains, NY CBRE brokered the sale of The Source, a 262,000 s/f mixed-use, grocery-anchored property. The CBRE team of Jeffrey Dunne, David Gavin, Steve Bardsley and Travis Langer represented the seller while also procuring the buyer, Hines U.S. Property Partners (HUSPP).

Barry Gosin, the chief executive officer of Newmark Group, Inc., has led the business which operates as Newmark, one of the world’s leading commercial real estate advisory firms, since 1979. Gosin guides the firm’s national and global expansion initiatives and oversees all facets

Lackawanna, NY Local community leaders gathered at 8 Dona St. for a ceremonial ribbon cutting for Uniland’s new distribution and advanced manufacturing facility. Built on “spec”, Uniland has fully leased the 150,000 s/f building and has begun construction on a second

This leadership award, first bestowed in 2003, is presented to REBNY members who have displayed exceptional service to the real estate industry and professional accomplishments over the course of distinguished careers.

Clarion Partners has announced a series of upgrades and improvements at 114 W 41st St. off Bryant Park. The renovations are intended to create more sophisticated, modern, and functional common areas and amenity

Brooklyn, NY Invictus Property Advisors (“Invictus”) and Stav Equities (“Stav”) have completed the sale of a block-through development site on 48 Somers St. for $3.75 million. The property, located within an Opportunity Zone and eligible for the 421A Tax Abatement (421A), attracted a significant amount of interest from developers looking to build rental product and comply with 421A by completing construction by June 15,