Category: Brokerage
Ziskin, Frank, Lobel and Zeitchik of Bestreich Realty Group facilitate $11.3 million sale
May 7, 2019
Manhattan, NY Bestreich Realty Group (BRG) completed sale of 13-15 Christopher St. in the West Village for $11.3 million, translating to
Freedberg of Suffolk Industrial Properties and Alliance Real Estate complete $2.4 million sale
May 7, 2019
Farmingdale, NY According to Suffolk Industrial Properties (SIP), 40 Allen Blvd. sold for $2.4 million last month.
Rosenberg & Estis, P.C. acts as legal counsel to Durst Org. in $900 million refinancing of 151 West ...
May 7, 2019
Manhattan, NY Rosenberg & Estis served as legal counsel to The Durst Org. in connection with the $900 million refinancing (as well as the related defeasance of the prior existing mortgage)
Outside the Region: Cronheim Mortgage secures five loans totaling $27 million for self-storage prope...
May 7, 2019
Chatham, NJ Cronheim Mortgage secured five separate, uncrossed bridge loans for self-storage facilities in Texas, Arizona, Ohio, Michigan and Missouri. Collectively the five properties represent 600,000 s/f and 3,745 class A self-storage units.
Lee NYC closes $32.2 million parking garage sale with Mequity Cos.; Zucker Org. is seller
May 7, 2019
Manhattan, NY Sidney Rosenthal, executive managing director/principal, Steve Lorenzo, principal, Mitchell Salmon, executive managing director, and Christopher Ventura, associate director, of Lee
Outside the Region: Hines breaks ground on The Preston with partner Cresset-Diversified QOZ
May 7, 2019
Houston, TX Hines, along with investment partner Cresset-Diversified QOZ Fund, commenced the start of construction on The Preston, a 373-unit for-rent residential high-rise community located in
The Opportunity of Opportunity Zones - by Justin Rostoff
May 3, 2019
The Tax Cuts and Jobs Act of 2017 created what are known as Opportunity Zones. The benefits of Opportunity Zones, if structured correctly, are three-fold: 1. Defer taxes on recognized capital gains until 12/31/26; 2. Decrease the taxable capital gains by up to 15%; and…
Someck and Myers of Lee & Associates NYC arrange
11,993 s/f lease to Payfone at 245 Fifth Avenue...
April 29, 2019
New York, NY Dennis Someck, executive managing director/principal, and Justin Myers, senior managing director/principal, of Lee & Associates NYC have arranged a 10-year, 11,993 s/f lease for the entire twentieth floor at The Moinian Group's 245 Fifth Ave.
Goldflam of Highcap Group chosen to sell 2,079-acre Lost Lake Resort in Monticello
April 25, 2019
Monticello, NY According to Josh Goldflam, co-founder & principal of Manhattan-based investment sales firm Highcap Group, he has the exclusive listing for the sale of the property known as Lost Lake Resort. The property is located 90 minutes north of Manhattan
Kelly and Khukhashvili of Ariel Property Advisors
broker $11.74 million sale in Bushwick, Brookl...
April 22, 2019
Brooklyn, NY Ariel Property Advisors has facilitated the sale of 124-134 Forrest Street, a leased industrial building and vacant lot in Bushwick. The properties sold for $11.4 million, or $441 per s/f. The 25,840 /f industrial building and 4,990 s/f vacant lot are located between...
Doshi and Mehra of Meridian Investment Sales represent
buyer and seller in $15 million sale in B...
April 18, 2019
Brooklyn, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold 35 Pineapple St., an architecturally distinguished, free market, mixed-use corner elevator building in Brooklyn Heights for $15 million.
Goldflam of Highcap Group leads team in sale of 73,000 s/f Bronx development site for $3.95 million...
April 16, 2019
Bronx, NY Josh Goldflam, co-founder and principal of Highcap Group, with associates Lou Corti, Guy Vardi, and Andrew Tamayo, have arranged the $3.95 million sale of 1746 Andrews Ave. South. The seller was Andrews Development Corp.
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