Category: Brokerage

United Properties sells 5,500 s/f retail for $2.65 million

United Properties sells 5,500 s/f retail for $2.65 million

February 28, 2023
Copiague, NY United Properties Corp. has completed the sale of 1389-1395 Montauk Hwy. to IDN, LLC, a Queens-based entity, for $2.65 million. The 5,500 s/f retail strip, located on the signalized intersection of Montauk Hwy. and Strong Ave.
Vahdat of Elmo Realty creates Race Unity Award; Garaicoa of Lehman College awarded plaque/check

Vahdat of Elmo Realty creates Race Unity Award; Garaicoa of Lehman College awarded plaque/check

February 28, 2023
Bronx, NY To support racial harmony and the unity of mankind, Moujan Vahdat, a New York based real estate developer and founder of Elmo Realty Co., has implemented an annual competition known as the Race Unity Award. After a citywide competition, junior
DH Property Holdings leases parcel to IAA

DH Property Holdings leases parcel to IAA

February 28, 2023
Staten Island, NY DH Property Holdings, LLC has leased nearly 30% of its 53-acre industrial site to IAA, Inc. an outdoor storage operator and leader in the salvage vehicle industry.
Retailers and owners show confidence in Westchester retail

Retailers and owners show confidence in Westchester retail

February 28, 2023
Harrison, NY RM Friedland negotiated six new retail leases, totaling 30,382 s/f in December with leases to experiential, national, and well-known regional tenants in some of Westchester County’s best centers including: Cortlandt Crossing
George Comfort & Sons signs five leases at Kingsbrook office park - including a five-year, 26,212 s/f lease to Kyndryl, Inc.

George Comfort & Sons signs five leases at Kingsbrook office park - including a five-year, 26,212 s/...

February 28, 2023
Rye Brook, NY George Comfort & Sons negotiated five lease agreements totaling over 83,000 s/f at Kingsbrook, the firm’s office complex. In January, George Comfort & Sons signed a 10-year agreement with Regus
New law affecting tax assessment challenges for Payments in Lieu of Taxes (PILOTs) - by John Gordon and Nicole Forchelli

New law affecting tax assessment challenges for Payments in Lieu of Taxes (PILOTs) - by John Gordon ...

February 28, 2023
At the end of 2022, New York State passed legislation requiring a 45-day notice prior to filing a tax assessment challenge for any properties which are subject to an agreement to make Payments in Lieu of Taxes (PILOTs).
Rosewood Realty Group closes $2.2 billion in sales in 2022

Rosewood Realty Group closes $2.2 billion in sales in 2022

February 28, 2023
Manhattan, NY Rosewood Realty Group closed $2.2 billion in total multifamily deals for 2022. While pre-pandemic Rosewood’s sales were heavily New York City centric, Rosewood’s founder and CEO Aaron Jungreis led his
The Community Preservation Corp. and Proto Property Services close $100 million refinance of 525 unit Riverdale Osborne Towers

The Community Preservation Corp. and Proto Property Services close $100 million refinance of 525 uni...

February 28, 2023
Brooklyn, NY The Community Preservation Corp. (CPC), one of the nation’s largest community development financial institutions (CDFI) dedicated solely to multifamily housing–together with partner Proto Property Services–closed the $100
IREON Insights: How multifamily owners can avoid emissions penalties ahead of Local Law 97 and earn revenue through grid services - by Jeff Hendler

IREON Insights: How multifamily owners can avoid emissions penalties ahead of Local Law 97 and earn ...

February 28, 2023
This year, New York building owners are grappling with the emergence of the city’s groundbreaking energy emissions ruling, Local Law 97. An estimated 20% of the city’s buildings larger than 25,000 s/f are expected to be fined for their energy usage come January
KPG Funds’ “L’Atelier” awarded CPE Influence’s Best Office Development

KPG Funds’ “L’Atelier” awarded CPE Influence’s Best Office Development

February 28, 2023
Manhattan, NY KPG Funds’ 446 Broadway, “L’Atelier” office building was awarded Best Office Development by Commercial Property Executive’s CPE Influence Awards 2022.
Greater Binghamton Chamber of Commerce to host legislative agenda rollout & local lobby day

Greater Binghamton Chamber of Commerce to host legislative agenda rollout & local lobby day

February 28, 2023
Binghamton, NY The Greater Binghamton Chamber of Commerce will host our Annual Legislative Agenda Rollout & Advocacy Day, Friday, March 3rd, from 7:30 – 9:30 a.m. at the Holiday Inn Binghamton
IREON Presents "Learn From Renowned Hospitality Industry Experts" Webinar

IREON Presents "Learn From Renowned Hospitality Industry Experts" Webinar

February 28, 2023
EVENT DETAILSWhat: Current state of the hospitality industry webinar with industry experts, Spencer Davidson, Daniel Lesser, and Joe Delli Santi