Category: Brokerage
Conway Capital acquires two mixed-use buildings in Park Slope for $7.9 million - plans to renovate a...
April 20, 2021
Brooklyn, NY Abe Cohen’s Conway Capital has closed on a $7.9 million purchase of two mixed-use buildings in Park Slope located across the street from each other. The purchase was an all-cash buy between Conway and his partner, The Mactaggart Family.
TerraCRG sells Bushwick multifamily for $1.895 million
April 20, 2021
Brooklyn, NY TerraCRG has closed on the sale of a three-unit gut renovated property at 1041 Jefferson Ave. in Bushwick. TerraCRG partner Matt Cosentino exclusively represented the seller, Chaim Halberstam, in the off-market transaction.
Island Harvest Food Bank acquires 43,000 s/f
April 20, 2021
Melville, NY Island Harvest Food Bank, Long Island’s leading hunger-relief organization, completed the purchase of a 43,000 s/f building at 126 Spagnoli Rd., according to Randi Shubin Dresner, president & CEO. The facility
2021 NYC hotel market dynamics: Opening up - by Anudeep Gosal
April 20, 2021
Arguably the greatest need at present for the hospitality industry in New York City is for patient capital. The traditional capital stack is not geared for a very long horizon. The 3 to 5-year yield driven model is now obsolete.
Grand Lux Realty opens new office at 101 King St. in Chappaqua, NY
April 20, 2021
Chappaqua, NY Grand Lux Realty, a locally owned brokerage firm in Westchester County and the lower Hudson Valley, has officially opened the company’s new office, located at 101 King St.
Resolution RE Partners arranges three new leases
April 20, 2021
New York, NY Evan Lieberman, senior director/leasing, Resolution Real Estate Partners LLC has arranged new leases for three fashion companies in the Garment District, comprising Sinova Fashions, Starwear Distributors LLC,
The CRE industry needs community garden spaces - by Farris Wu
April 20, 2021
COVID-19 has brought renewed focus on mental health and wellness. And as a return to activity is re-imagined and reconsidered, sustainable architecture and green building design will be a primary priority for commercial real estate industry experts, to fulfill new needs and attract demand.
Largo Capital secures four loans totaling over $25.36 million in financing
April 20, 2021
Canandaigua, NY Largo Capital secured four loans totaling over $25.36 million. Max Dowd of Largo Capital’s Rochester office secured a $1.86 million acquisition loan for a 30-unit multifamily property. Dowd negotiated a low fixed rate with a 10-year term and 25-year amortization
What we can learn from Westchester’s evolving office market - by Chris O’Callaghan
April 20, 2021
Famed American Bandstand host Dick Clark once clarified his multi-decade influence over the music industry. “I don’t set trends,” he offered, “I just find out what they are and exploit them.” Much the same can be said of Westchester County,
Rock the Bricks: L’Amour/Bensonhurst, Brooklyn - by Larry Ross
April 20, 2021
This month we feature legendary music venue L’Amour, formerly located at 1546 62nd St. in the Bensonhurst section of Brooklyn. It originally opened as a disco in 1978 and was converted into a rock club in 1981, in a rough area that was occupied
HUNT Real Estate fundraises for Foodlink
April 20, 2021
Rochester, NY The local branches of HUNT Real Estate ERA, through a Valentine’s Day-inspired event called “Share the Love,” collected $1,100 in donations and over 700 food items in support of Foodlink.
Mayo joins KZA Realty Group as sales agent
April 20, 2021
Bronx, NY KZA Realty Group has welcomed Westchester County, NY based Karen Mayo as the newest sales member to their team. Mayo has a wide range of client-facing skills that add value to the company’s goal of providing top
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