Category: Brokerage

Jack Resnick & Sons completes 26,568 s/f lease extension, expansion with ZMC Advisors; JLL assists

Jack Resnick & Sons completes 26,568 s/f lease extension, expansion with ZMC Advisors; JLL assists

August 24, 2021
Manhattan, NY According to Jack Resnick & Sons, it has finalized a 10-year, 26,568 s/f lease extension and expansion with private equity firm ZMC Advisors at 110 East 59th St.,
Kings Capital Construction named a fastest-growing private company in NYC Metro by Inc. Magazine

Kings Capital Construction named a fastest-growing private company in NYC Metro by Inc. Magazine

August 24, 2021
New York, NY Inc. Magazine revealed that Kings Capital Construction is No. 127 on its second annual Inc. 5000 Regionals: New York City Metro list, the
Rosewood Realty Group’s National Brokerage Division closes $108.75 million portfolio sale

Rosewood Realty Group’s National Brokerage Division closes $108.75 million portfolio sale

August 24, 2021
San Antonio, TX Rosewood Realty Group’s National Brokerage Division completed the sale of a four-building portfolio for $108.75 million.
KeyBank RE Capital appoints Tinti to senior banker

KeyBank RE Capital appoints Tinti to senior banker

August 24, 2021
New York, NY KeyBank Real Estate Capital, the commercial real estate business unit of KeyCorp, appointed Joseph Tinti to senior vice president and senior banker.
Trevian Capital funds $6.45m first mortgage bridge loan

Trevian Capital funds $6.45m first mortgage bridge loan

August 24, 2021
Queens, NY Trevian Capital, a direct lender that provides flexible and reliable short-term bridge loans for multifamily and commercial real estate opportunities nationwide, recently funded a
Feil Org. signs CycleBar, Pure Barre to 1151 Third Ave.

Feil Org. signs CycleBar, Pure Barre to 1151 Third Ave.

August 24, 2021
Manhattan, NY The Feil Organization has signed CycleBar and Pure Barre to a 10-year lease at its 1151 Third Ave. retail building on Manhattan’s Upper East Side.
Ariel Property Advisors arranges two sales totaling $14.23 million

Ariel Property Advisors arranges two sales totaling $14.23 million

August 24, 2021
Manhattan, NY Ariel Property Advisors has arranged two multifamily sales, a portfolio of affordable housing buildings in West Harlem and a multifamily midrise at 235 East 96th Street on
New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries

New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries

August 24, 2021
New York, NY The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd St. Partnership Business Improvement District (BID) as of
Bestreich Realty Group sells Brooklyn development site for $2 million

Bestreich Realty Group sells Brooklyn development site for $2 million

August 24, 2021
Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 548-550 Union St. This redevelopment site is located in Gowanus between Nevins St. and 3rd Ave. The sale price was
Cypress Capital Group celebrates full lease-up of 201 East 26th St., designed by Workshop DA

Cypress Capital Group celebrates full lease-up of 201 East 26th St., designed by Workshop DA

August 24, 2021
New York, NY According to Cypress Capital Group, its multifamily development at 201 East 26th St. has fully leased its residential units.
Robert Martin Co. sells Tarrytown office  bldg. for $8.85 million; RM Friedland is broker

Robert Martin Co. sells Tarrytown office bldg. for $8.85 million; RM Friedland is broker

August 24, 2021
Tarrytown, NY Robert Martin Company, one of the largest real estate management and development firms in Westchester County, has completed the sale of 555 White Plains Rd.
Will you owe capital gains tax? Consider these strategies - by Michael Packman

Will you owe capital gains tax? Consider these strategies - by Michael Packman

August 24, 2021
If you are a property owner who is selling or has sold an investment or commercial property, you probably owe or will owe capital gains taxes. The U.S. tax code allows for options that may