Manhattan, NY According to Silverstein Properties, Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751 s/f lease at 120 Wall St. Currently located at 475 10th Ave.,
Brooklyn, NY Joel Gorjian, a national real estate investor and President and CEO of Gorjian Acquisitions, has completed the sale of the 489 Atlantic Ave. retail condominium as part of a disposition of the firm’s portfolio of
Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 26 Park Pl. in the Park Slope neighborhood. The property sold for $2.325 million. This 3,000 s/f multifamily has three apartments which were all delivered vacant and priced at $775 per s/f.
When the COVID-19 pandemic first hit the United States, the retail industry came to a screeching halt. In New York City specifically, the epicenter of it all, neighborhoods, especially those with a strong concentration of retail, were left
COVID-19 has affected every industry on earth, and real estate is certainly no exception. But what I’ve found most interesting is the gap between its effects on the commercial vs. residential markets. On the residential side, many markets have remained remarkably strong and resilient.
Sag Harbor, NY This summer a group of New York real estate executives meet at Mashashimuet Park early every Wednesday morning–and challenge each other on the tennis courts. Not only does the group practice
“New York, like states all across the country, confronts the immediate effects of a paralyzing national recession, the longer-term challenge of improving our competitive position in the global economy, and the specter of a dangerous, ugly divisiveness among our people.”
Brooklyn, NY According to the Schoen Group of Savitt Partners (Savitt), Mother New York (Mother), an independent creative company with offices in London, Shanghai, Los Angeles and South America, has signed a 61,000 s/f, 15-year lease at the Roulston House in the
Lake Placid, NY According to Justin Smith, president of Prestige Hospitality Group, LLC, (PHG) the newly constructed Lake Placid Inn has opened. The Lake Placid Inn is an independent hotel featuring 40 rooms and suites offering lake and mountainside views. Located at
New York, NY According to Steve Kirschner, Vikash Jha, president of Synzen Ventures has joined Principals Direct Group as a strategic partner. Jha is a strategic business advisor with over 20 years of international management consulting experience.Jha advises founder/entrepreneurs, C-suite and
Saratoga Springs, NY The Beechwood Organization has commenced sales for its new Oak Ridge community development. The Beechwood Org., led by Michael and Steven Dubb, plans