Category: Brokerage

IIDA NY held 20th anniversary of Color Invasion

IIDA NY held 20th anniversary of Color Invasion

November 8, 2022
Manhattan, NY The International Interior Design Association’s New York Chapter (IIDA NY) held the 20th anniversary of Color Invasion, an industry networking and fundraising event. Held in Manhattan’s Center 415, this year’s Color Invasion
G2D Group brings WorkSmart to Long Island

G2D Group brings WorkSmart to Long Island

November 8, 2022
Port Washington, NY A new collaborative shared workspace is making its debut in Port Washington in January 2023, ushering in a new era of the modern office. Developed by Long Island-based G2D Group, WorkSmart offers flexible
JLL arranges $387.5 million sale of 685 1st Ave. multi-housing for Solow Building Company

JLL arranges $387.5 million sale of 685 1st Ave. multi-housing for Solow Building Company

October 25, 2022
New York, NY JLL’s Capital Markets group closed the sale of a $387.5 million multi-housing community comprised of 408 market-rate units and 9,693 s/f of commercial space located at 685 1st Ave. in the Murray Hill neighborhood of Manhattan. 685 1st Ave. is part of a larger, six-property,
Cosentino and Norris of TerraCRG sell $2.85 million mixed-use building

Cosentino and Norris of TerraCRG sell $2.85 million mixed-use building

October 25, 2022
Brooklyn, NY TerraCRG has closed on the $2.85 million sale of 684 Central Ave. in Bushwick. TerraCRG partner Matt Cosentino and senior associate Rémi Norris exclusively represented the seller. The 5,280 s/f  renovated property is comprised of five residential apartments,
Executive of the Month: Thomas Gallin, Jr. eighth president of oldest family-owned and operated construction management firm in the country

Executive of the Month: Thomas Gallin, Jr. eighth president of oldest family-owned and operated cons...

October 25, 2022
New York, NY Over forty years ago a young Tom Gallin sat in a work van with a carpenter named Stam. It was a sweltering summer day, and Tom was tagging alongside him to see some jobsites.
Keeping regulated units vacant - by Aaron Weber

Keeping regulated units vacant - by Aaron Weber

October 25, 2022
With over two million renters, NYC has the most stringent housing regulations in the country. The Housing Stability and Tenant Protection Act (HSTPA) of 2019 added more red tape for property owners when it dramatically reduced an owner’s ability to increase rent based on an Individual
Perlman of Largo Capital  places $1.8 million refinancing

Perlman of Largo Capital places $1.8 million refinancing

October 25, 2022
Webster, NY Ned Perlman of Largo Capital arranged $1.8 million to refinance a medical office building.
Ariel Property Advisors sell 142,500 s/f development site for $40.65 million in the rezoned Gowanus neighborhood

Ariel Property Advisors sell 142,500 s/f development site for $40.65 million in the rezoned Gowanus ...

October 25, 2022
Brooklyn, NY Ariel Property Advisors has arranged the sale of a development site with a 142,500 s/f zoning floor area at 450 Union St. in the rezoned Gowanus neighborhood. The property traded for $40.65 million or $285 per s/f, a record for a site in Gowanus with a Mandatory Inclusionary Housing requirement. The site is occupied by Pig Beach and The Green Building.
Regal Ventures acquires 15,893 s/f retail condo at 897 Eighth Ave. - $35.25 million

Regal Ventures acquires 15,893 s/f retail condo at 897 Eighth Ave. - $35.25 million

October 25, 2022
New York, NY Regal Ventures has acquired a 37,165 s/f, grocery-anchored retail and parking condo at 897 Eighth Ave. in the Hell’s Kitchen neighborhood on Manhattan’s West Side. The property’s retail component is 15,893 s/f in size, while the parking portion measures 21,272 s/f.
Ferrara and Stenson of Brax Realty sell 126-units for $6.7 million

Ferrara and Stenson of Brax Realty sell 126-units for $6.7 million

October 25, 2022
New York, NY Michael Ferrara and Alan Stenson of Brax Realty brokered the $6.7 million sale of a 126-unit SRO building in the Upper West Side. The property, 342 West 71st St., is a 7-story elevator building with 34,312 s/f and 52 ft. of frontage on 71st St.
Rosewood Realty Group closes sale of 14,000 s/f for $6.8 million

Rosewood Realty Group closes sale of 14,000 s/f for $6.8 million

October 25, 2022
New York, NY Rosewood Realty Group delivered the sale of a five-story, mixed use-apartment building in Borough Park with four apartments and one retail space for $6.8 million.
The New Normal - by C. Jaye Berger

The New Normal - by C. Jaye Berger

October 25, 2022
The world seems to be getting back on track after a fashion. The most that anyone can say is we are entering a “new normal.”