Category: Brokerage
Bestreich Realty Group brokers four sales in Brooklyn: $7.55m total
April 6, 2021
Brooklyn, NY Bestreich Realty Group (BRG) completed the following sale transactions: 342 9th St. in Park Slope sold for $2 million ($623 per s/f). This four-apartment multifamily is located between 5th and 6th Aves. and contains
Project of the Month: TAYLOR nears completion for new 91,717 s/f Courtyard by Marriott East-End Hote...
April 6, 2021
Rochester, NY TAYLOR–The Builders, a leading regional commercial general contractor, with offices in Rochester, Buffalo and Ithaca, New York, is nearing completion of construction of the new
Kaufman Org. acquires 82,000 s/f for $34.5 million
April 6, 2021
Manhattan, NY The Kaufman Organization acquired The Haymarket Building under a newly formed 99-year ground lease, located at 135 West 29th St. between Sixth and
Due diligence tech helps private lenders offer new debt to distressed borrowers - by Anthony Romano
April 6, 2021
Private lenders are finding plenty of opportunities to make loans to commercial property owners in 2021. In exchange for new debt to replace struggling owners’ existing mortgages, these
Goldfein of Goldcap Real Estate Advisors facilitates $600,000 sale
April 6, 2021
Brooklyn NY Goldcap Real Estate Advisors facilitated the sale of 1526 Lincoln Pl. in the Crown Heights neighborhood. The sale price was $600,000 ($101 per buildable s/f).
Rodriguez of Rodriguez Commercial Realty is sole broker for $1.18 million deal
April 6, 2021
Brooklyn NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) completed the sale of 2177 Bedford Ave. (Block: 05090 Lot: 0004) located
Meridian Capital Group arranges $43.8 million
April 6, 2021
New York, NY Meridian Capital Group arranged $33.9 million in financing to refinance two multifamily properties in the Bronx, and $9.9 million to refinance a
New York City development tools: Mandatory Inclusionary Housing - Part 4 - by Michael Smith and Patr...
April 6, 2021
The Mandatory Inclusionary Housing (MIH) program allows developers to utilize increased development rights allowed under a rezoning by creating permanently affordable housing marketable to both
Question of the Month: How can owners obtain a zoning variance at the NYC Board of Standards and App...
April 6, 2021
In 1961, NYC adopted the Zoning Resolution (ZR). The ZR assigns complex zoning regulations to every tax lot in the five boroughs. Like the Constitution, it is a comprehensive document and, just as importantly, it provides
Construction Law: A construction lawyer discusses change orders: A cautionary tale for customers - b...
April 6, 2021
Change orders are like mini-contracts. The parties sign the main contract and when things change, they both sign change orders confirming their agreement to those changes. It could be to add money to the contract price or to extend the
Exec. of the Month: Steve Kirschner, COO of Principals Direct Group is creating value for clients wi...
March 23, 2021
Westbury, NY After decades in the real estate industry as a broker responsible for selling and/or leasing, literally, hundreds of millions of square feet of commercial properties, Steve Kirschner decided to strategically
Columbia Pacific Advisors secures $13.75 million bridge loan
March 23, 2021
Manhattan, NY Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $13.75 million bridge loan to complete the redevelopment of
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