Category: Brokerage
Madison Realty Capital provides $30.5 million to refinance GEM Hotel
April 2, 2019
Manhattan, NY Madison Realty Capital (MRC) closed $30.5 million of financing collateralized by the GEM Hotel, a boutique hotel located at 300 West 22nd St. in the Chelsea neighborhood. JLL’s Aaron Appel brokered the financing.
Denham of Reis, Inc. addresses B’nai B’rith Real Estate luncheon March 13th
April 2, 2019
Manhattan, NY Barbara Byrne Denham, senior economist at Reis, Inc., addressed the B’nai B’rith Real Estate monthly luncheon meeting, held March 13th, at the Cornell Club. Her topic was “2019 Economic/Commercial Real Estate Overview.”
The Agency issues REI for redevelopment of former BAE site in Union
April 2, 2019
Union, NY The Agency has issued a call to the development community to partner on the redevelopment of the former BAE site at 600 Main St.
Houlihan-Parnes Properties names Cuniberti partner
April 2, 2019
White Plains, NY According to James Houlihan and James Coleman, Michael Cuniberti has become a partner of Houlihan-Parnes Properties.
Cornerstone Land Abstract promotes Volpe, welcomes Morgen
April 2, 2019
New York, NY According to Cornerstone Land Abstract, Danielle Volpe has been promoted, and Doug Morgen has joined the firm.
1031 exchange replacement property alternatives for investors - by Pamela Michaels
April 2, 2019
Investors in the Northeast are confronted with a number of obstacles when attempting to close on replacement property in an IRC Section 1031 exchange. Foremost amongst them may be the shortage of attractive inventory and the high price of available replacement properties.
Innovative Solutions relocates to Riverwood Tech Campus–19,000 s/f
April 2, 2019
Henrietta, NY According to Governor Andrew Cuomo, Innovative Solutions has officially marked the company’s move to its new location. The software development company has relocated to a 19,000 s/f facility on East River Rd.
Lunson Mitchenall and JAACRES partner for international expansion
April 2, 2019
New York, NY Joseph Aquino, president of JAACRES, and president and founder of The Secret Broker Society, has formed a partnership with London-based Lunson Mitchenall to further international expansion.
The Rent Regulation Act of 2019 is sure to make an impact - by Miguel Jauregui
April 2, 2019
On June 15, 2019, the Rent Act of 2015 (an extension of the Rent Act of 2011) will expire. The expiration was not posed to be a drastic change from the current laws until the 2018 midterm elections gave way to…
Aghravi joins Compass Commercial
April 2, 2019
New York, NY According to Adelaide Polsinelli and Ronda Rogovin, vice chairs of Compass, the investment sales division continues its expansion with the addition of Azita Aghravi.
Westbridge Realty Group hires Bichoupan
April 2, 2019
New York, NY Westbridge Realty Group has hired Jonathan Bichoupan as a new broker who specializes in the sale of multifamily, mixed-use and development assets throughout the five boroughs.
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