Category: Brokerage

Saidian of Capital  Property Partners brokers $12.15 million Long Island City sale

Saidian of Capital Property Partners brokers $12.15 million Long Island City sale

January 23, 2018
Queens, NY Long Island City developer Shahram Nassi has closed on the sale of a vacant warehouse located at 47-33 5th St. Nassi, who has a large portfolio in Long Island City including condo projects and rentals located at 47-05 5th St. and 47-27 5th St. and 5-18 and 5-20 51st Ave., bought this property for $12.15 million. 
Houlihan Parnes sells Bronx surface parking lot

Houlihan Parnes sells Bronx surface parking lot

January 23, 2018
Bronx NY According to Bryan Houlihan and James Houlihan of Houlihan-Parnes Realtors, LLC, the surface parking lot located at 2519-2525 Creston Ave., facing St. James Park has sold.
New York City’s annual Notice of Property Value: Taxpayer aggravation and uncertainty linger - by Peter Blond

New York City’s annual Notice of Property Value: Taxpayer aggravation and uncertainty linger - by ...

January 23, 2018
President Trump arrived in January of 2017, but the January 2018 arrival of his Federal tax plan could pop his own New York real estate bubble. Whether you seemingly benefit from the plan or not, data suggests it’s a financial negative for New York
Tax reform looks favorably on real estate  investors by leaving 1031 exchanges intact - by Michael Packman

Tax reform looks favorably on real estate investors by leaving 1031 exchanges intact - by Michael P...

January 23, 2018
The tax reform looked favorably on real estate investors by leaving section 1031 intact. For many years, utilizing Internal Revenue Code Section 1031 to exchange one property for a replacement property, in turn deferring the capital gains has been a cornerstone of real estate investing.
NYS Self Storage Association holds 11th annual “Investment Forum” at Union League Club - by Nick Malagisi

NYS Self Storage Association holds 11th annual “Investment Forum” at Union League Club - by Nick...

January 23, 2018
The NYS Self Storage Association, in partnership with the National Self Storage Association, held its 11th annual “Investment Forum” this month at the Union League Club venue in New York City. This is a national self storage conference intended for the real estate and capital markets professionals in our industry who represent companies from across the nation.