Category: Brokerage
CCIM and Rochester Area NYSCAR offer fall courses
September 3, 2019
Rochester, NY CCIM and the Rochester Area Chapter of NYSCAR will be providing two courses this fall. The classes are vital for anyone wishing to become a CCIM, or for people who are newer to the industry
Schiller, Kirnie and Farrington of Cushman & Wakefield | Pyramid Brokerage Co. sell 276,000 s/f
September 3, 2019
Shortsville, NY According to Cushman & Wakefield | Pyramid Brokerage Co., (C&W|Pyramid) they have closed the sale of 1479 East Ave. The sale price was not disclosed.
Improvement project at Dunkirk Pier and harbor completed; Supported by Smart Growth Community Fund
September 3, 2019
Dunkirk, NY According to Governor Andrew Cuomo, improvements at Dunkirk Pier and harborfront have been completed. The project–supported by funding from the Smart Growth Community Fund–provides improved
Cruz, Rizzi, Appel and Rutman of JLL Capital Markets close $18 million sale; Brittonfield Assoc. sel...
September 3, 2019
Syracuse, NY According to JLL, it has closed the $18 million sale of Crouse Medical Center, which comprises two connected buildings totaling 173,466 s/f of medical office space.
The price of air in New York City is far from free – Selling at prices that baffle the mind - by J...
September 3, 2019
The air we breathe may be free but the air rights in NYC aren’t and they are often sold at numbers that baffle the mind. With limited habitable land remaining in NYC, developers must go vertical to maximize what can be built. With every soaring skyscraper comes a unique and remarkable view for the residents living there. But what you...
Funiciello of JF Real Estate acts for landlord in 5,454 s/f lease to Anything But Beer brewery
September 3, 2019
Syracuse, NY Anything But Beer has leased the corner retail space in the White Memorial Building, located at 201 South Salina St. The brewery produces gluten-free and vegan fruit ales and ciders from
Wenig, Nelson and Kinsey of Avison Young facilitate $5.1 million sale of Long Island post office
September 3, 2019
Merrick, NY The Net Lease Investment Sales Group for Avison Young facilitated the sale of a single-tenant net-leased United States Postal Service (USPS) property located at 2040 Merrick Rd. for $5.1 million. The USPS recently renewed a
Blatter of KFIR Capital acts for buyer and seller in $20.5 million Brooklyn Opportunity Zone sale
September 3, 2019
Brooklyn, NY KFIR Capital completed the $20.5 million sale of a two-story, 43,000 s/f mixed-use building in an Opportunity Zone (OZ). The buyer, a family office, plans to develop the site at
Cushman & Wakefield acts as exclusive advisor to Angelo Gordon & Onyx Equities in $94 million financ...
September 3, 2019
Orangetown/Clarkstown, NY According to Cushman & Wakefield, the firm served as the exclusive advisor to Angelo Gordon & Onyx Equities in the procurement of $94 million in financing for Bradley Corporate Park, a 17-building
Investment Sales: New York City real estate is still alive - by Michael Weiser
September 3, 2019
NYC commercial real estate investment is still alive! The new NYS rent regulation laws affect approximately one-million stabilized units. However, there are still approximately two million free market apartments many in wholly free-market or largely free-market buildings. In addition, let’s not forget mixed use, office,
Madison Realty Capital provides $83 million loan for Midtown hotel
September 3, 2019
Manhattan, NY Madison Realty Capital (MRC) provided an $83 million loan to recapitalize a 230-room hotel at 25 West 51st St. in Midtown, located across from Rockefeller Center.
EisnerAmper signs 15-year lease at The Durst Org.’s 733 Third Ave. – 124,327 s/f
September 3, 2019
Manhattan, NY According to The Durst Org., EisnerAmper signed a 15-year lease for 124,327 s/f on the 6th through 9th and partial 10th floors of 733 Third Ave. Also included in the deal is
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