Category: Brokerage

Property of the Month: 55-59 Chrystie St. in New York City offers a unique opportunity for investors

Property of the Month: 55-59 Chrystie St. in New York City offers a unique opportunity for investors...

January 7, 2020
New York, NY Rosewood Realty is pleased to present the opportunity to joint venture or purchase 55-59 Chrystie St., a six-story elevator office/retail building currently in bankruptcy. The 46,365 s/f property, located in the
Ariel Property Advisors sells development site for $3.3 million

Ariel Property Advisors sells development site for $3.3 million

January 7, 2020
Brooklyn, NY Ariel Property Advisors has facilitated the sale of 99-103 Grove St., a 75’ x 100’ wide development site located in the Bushwick neighborhood. The asset, which benefits from being in an Economic Opportunity Zone, sold for $3.3 million, or
Famularo and Harlowe of Meridian Retail arrange 2,000 s/f restaurant lease

Famularo and Harlowe of Meridian Retail arrange 2,000 s/f restaurant lease

January 7, 2020
Manhattan, NY Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for an Omakase restaurant at 177 Ludlow St. in the Lower East Side
Kassin Sabbagh Realty brokers $28.5 million sale of 39,000 s/f building

Kassin Sabbagh Realty brokers $28.5 million sale of 39,000 s/f building

January 7, 2020
New York, NY According to Kassin Sabbagh Realty, it has closed  the sale of 207 East 94th St., a five-story 39,000 s/f commercial office building for $28.5 million. Glenwood Management sold to Elie Hirshfeld’s Hirschfeld Properties
D’Amore of C&W|Pyramid earns SIOR designation

D’Amore of C&W|Pyramid earns SIOR designation

January 7, 2020
Utica, NY According to Cushman & Wakefield | Pyramid Brokerage Co.,  (CW|Pyramid) Jeffrey D’Amore, SIOR, has earned the Society of Industrial and Office Realtors (SIOR) designation.
Construction Law: Damage from a  neighbor’s renovation - by C. Jaye Berger

Construction Law: Damage from a neighbor’s renovation - by C. Jaye Berger

January 7, 2020
I always advise my clients that the best time to gear up to handle damage from a neighbor’s renovation is before any damage occurs. Generally neighbors and/or managing agents of co-op or condominium buildings send out notices before a neighbor’s renovations commence.
Picone Construction breaks ground for Veterinary hospital

Picone Construction breaks ground for Veterinary hospital

January 7, 2020
Tonawanda, NY Green Acres Veterinary Medical Center held a groundbreaking ceremony for its new addition. Speakers of the event were Dr. Kim Parkhill of Green Acres Animal Hospital, Dave Nardozzi of Silvestri Architects PC and Christopher Picone of
Ranieri of NorthMarq completes $800,000 refinance of Canterbury Commons

Ranieri of NorthMarq completes $800,000 refinance of Canterbury Commons

January 7, 2020
Mount Vernon, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office arranged the $800,000 refinance of Canterbury Commons. The 20-unit senior housing property is located on South Columbus Ave.
Malagisi and Hardisty of SVN Self-Storage broker $6.2 million sale in West Henrietta

Malagisi and Hardisty of SVN Self-Storage broker $6.2 million sale in West Henrietta

January 7, 2020
West Henrietta, NY According to SVN Commercial Realty, they have completed the sale of Erie Station Self-Storage, 70 Erie Station Rd., for $6.2 million. The facility is 57,300 gross s/f and
Ciafardoni and Sass of Silber Investment Properties handle $1.2 million sale

Ciafardoni and Sass of Silber Investment Properties handle $1.2 million sale

January 7, 2020
Lindenhurst, NY According to Silber Investment Properties, (SIP) a 20,000 s/f property located at 136 Sunrise Hwy. has been sold for $1.2 million (6.6% cap). The transaction occurred between two local Long Island investors, The Deperte Family (seller) and
SWBR completes “50 for 50” Campaign during its 50th year

SWBR completes “50 for 50” Campaign during its 50th year

January 7, 2020
Rochester, NY SWBR, a multidisciplinary, award-winning design firm, celebrated its 50th year in business and a long tradition of design excellence throughout 2019. To commemorate the milestone, it hosted a special initiative called “50 for 50,” where
Walker & Dunlop places $82 million in financing

Walker & Dunlop places $82 million in financing

January 7, 2020
Brooklyn, NY Walker & Dunlop, Inc. arranged $82 million in permanent financing for 158-unit Clover House, a newly renovated apartment complex in the Brooklyn Heights neighborhood.