Category: Brokerage
Ferrara of Brax Realty facilitates $5.65 million sale of Brooklyn warehouse
March 3, 2020
Brooklyn, NY Michael Ferrara, managing principal of Brax Realty closed the sale of a 10,836 s/f two story warehouse in the Bushwick neighborhood. The property, 21-27 Garden St., located between Flushing and Bushwick Aves.
Vanguard-Fine brokers $12m sale for Bettiol Enterprises–175,000 s/f
March 3, 2020
Albany/Oneonta, NY Vanguard-Fine, LLC has completed the purchase of 175,000 s/f of retail space. The properties consist of Home Depot, Hannaford Supermarket and the adjacent plaza, Advance Auto Parts in Oneonta, and a free-standing Burger King at
Capital One provides $131.2 million construction loan; RXR Realty is sponsor for 26 South Division d...
March 3, 2020
New Rochelle, NY Capital One served as the lead bank for a $131.2 million construction loan for the ground-up development of 26 South Division, a 28-story, mixed-use apartment tower.
TerraCRG sells $13.2 million Park Slope development site
March 3, 2020
Brooklyn, NY TerraCRG has sold the development portfolio at 75 Fourth Ave. in Park Slope. The asset is one of the last opportunities to acquire a development site along Fourth Ave. before the proposed
Rochester Institute of Technology finances $346.2m through DASNY
March 3, 2020
Albany, NY According to Reuben McDaniel, III, acting president and CEO of the Dormitory Authority of the State of New York (DASNY), Rochester Institute of Technology (RIT) financed $346.2 million in bonds through DASNY. $150 million in tax-exempt bond
Rosewood Realty Group launches National Brokerage Division; Brody to lead as VP
February 28, 2020
New York, NY According to Aaron Jungreis, president and founder of Rosewood Realty Group, the firm has launched its new National Brokerage Division. This division focuses on completely off-market properties outside the
NYC Department of Design and Construction issues RFQ for design, construction of new borough-based j...
February 28, 2020
New York, NY The NYC Department of Design and Construction (DDC), on behalf of the Mayor’s Office of Criminal Justice (MOCJ) and the NYC Department of Correction (DOC), issued a Request for Qualifications (RFQ) for design-build teams that will construct
Doshi and Shainberg of Meridian Investment Sales act for Gazivoda Realty in $27.5 million sale
February 27, 2020
Manhattan, NY Amit Doshi of Meridian Investment Sales sold 118 East 93rd St. in the Carnegie Hill neighborhood of the Upper East Side for $27.5 million. This 38-unit classic pre-war building underwent condo-like renovations and is 42% free market.
Beth Zafonte thrives on Akerman’s forward-thinking and collaborative environment
February 18, 2020
New York, NY The New York Real Estate Journal (NYREJ) sat down with Beth Zafonte, this month’s executive of the month, for a question and answer session. Zafonte is the director of economic development services at Akerman LLP.
Alex Elezaj, founder of Black Mountain Capital, is financing the dream for real estate investors
February 18, 2020
New York, NY Alex Elezaj is the founder and president of Black Mountain Capital, (BMC) a Manhattan-based private mortgage banking firm that provides traditional and creative mortgage banking services for investors, developers, business owners and
Cash flows as high as 8% and credit tenants – Should you consider NNN properties for your exchange...
February 18, 2020
For over 10 years now it’s been extremely fruitful to be a real estate investor. As those of us in the business know, 1031 exchanges can be especially beneficial
Rodriguez of RCR is sole broker in $942,900 sale
February 18, 2020
Brooklyn NY Rodriguez Commercial Realty (RCR) completed the sale of 275 Martense St. (Block: 05088 Lot: 0046) located between Nostrand and Rogers Aves.,
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