Category: Brokerage

Neugeboren and Goetz of Savitt Partners negotiate three leases at 530 Seventh Ave.

Neugeboren and Goetz of Savitt Partners negotiate three leases at 530 Seventh Ave.

January 21, 2020
Manhattan, NY According to Savitt Partners, three new TAMI tenants have committed to leases at 530 Seventh Ave., the Fashion District’s main hub for office, technology and creative media tenants.  The 490,000 s/f Midtown office
Harbor Group International buys Aragon Holdings national portfolio for $1.85 billion; financing arranged by NKF

Harbor Group International buys Aragon Holdings national portfolio for $1.85 billion; financing arra...

January 16, 2020
New York, NY According to Newmark Knight Frank (NKF) Aragon Holdings, LLC has sold a national portfolio of apartment properties
Project REAP (Real Estate Associate Program) returns to New York City and Chicago

Project REAP (Real Estate Associate Program) returns to New York City and Chicago

January 13, 2020
New York, NY Project REAP (Real Estate Associate Program), one of the nation’s leading initiative connecting talented multicultural professionals and commercial real estate (CRE) for over 20 years, is returning to NYC and Chicago starting in mid-March 2020 with a
Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany for $8.65 million

Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany fo...

January 8, 2020
Albany, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a three-building, 117-unit portfolio. This 100% free-market portfolio sold for a capitalization rate of 7.2%, a gross rent multiplier of 7.6 times, just under $65 per s/f and $74,000 per unit. Amit Doshi, executive senior managing director and Shallini Mehra, managing director, represented
Brokerage beyond basics: Betesh of Meridian Capital Group discusses his approach to difficult markets

Brokerage beyond basics: Betesh of Meridian Capital Group discusses his approach to difficult market...

January 7, 2020
New York, NY For some brokers, a rapidly fluctuating market is a source of anxiety. For Morris Betesh, senior managing director of Meridian Capital Group and his team of eight, it’s a source of excitement. And lately, there’s been plenty of it as
The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College ...

January 7, 2020
Binghamton, NY The Agency, Greater Binghamton Chamber of Commerce and their partners at FIVE South College Dr. took an active role in helping those in need this holiday season. The organizations have paired with two area charities: The Family Enrichment Network and CHOW
A&E Real Estate Holdings acquires 539-unit Queens portfolio for $129.5 million

A&E Real Estate Holdings acquires 539-unit Queens portfolio for $129.5 million

January 7, 2020
Queens, NY A&E Real Estate Holdings bought the 539-unit Kestenbaum Family Portfolio in Rego Park for $129.5 million. The price equates to $239,425 per unit at a 5% cap rate. The portfolio includes 568,276 s/f and 238,262 buildable s/f.
January message from the president of NYSCAR’s Upstate chapter - by James Walker

January message from the president of NYSCAR’s Upstate chapter - by James Walker

January 7, 2020
As we previously noted, a new law regarding continuing education for real estate salespersons and brokers was recently adopted. The New York State Department of State sent a letter to all NYS licensees giving a summary of the major changes noted below
Vanguard-Fine completes 10 leases and two sales

Vanguard-Fine completes 10 leases and two sales

January 7, 2020
Albany, NY According to Vanguard-Fine, LLC, the firm has completed the following deals Bulmer, Brownell and Barry Feinman brokered the 10,600 s/f lease between Zimmer US, Inc. and LKS Realty Corp. at 20 Computer Dr. West
Time value of money: A founding principle of western finance - Part 3 of 4 - by Christie Ellis

Time value of money: A founding principle of western finance - Part 3 of 4 - by Christie Ellis

January 7, 2020
As tax time approaches, use this founding principle of western finance in your investing decisions. Why cost segregation matters.
TAYLOR to complete Catholic Family Center - Hannick Hall renovations

TAYLOR to complete Catholic Family Center - Hannick Hall renovations

January 7, 2020
Newark, NY TAYLOR, a leading regional commercial general contractor, was awarded the construction contract for the renovations and addition to the Catholic Family Center – Hannick Hall. TAYLOR is partnering with N.K. Bhandari Architecture & Engineering,
Robinson Brog represents Penn South Capital in $27.25 million sale; Greene of Robinson Brog and Dabah of Stein Adler collaborate in acquisition

Robinson Brog represents Penn South Capital in $27.25 million sale; Greene of Robinson Brog and Daba...

January 7, 2020
Manhattan, NY Penn South Capital, a subsidiary of RAP Equities, has acquired a 40,000 s/f property at 39 Clarkson St. in the Hudson Sq. tech and media corridor. Represented by Adam Greene, partner at law firm Robinson Brog Leinwand Greene Genovese & Gluck P.C., and