The Kislak Co., Inc., a dominant multifamily and retail investment sales firm in the tri-state region, has appointed Phil Baffuto as sales associate. In this new role, Baffuto will be responsible for managing the sales of retail investment properties throughout the tri-state area.
"Phil is an outstanding addition to our retail division at The Kislak Company," said Joseph DeFeo, vice president of The Kislak Co.'s retail division.
Prior to joining Kislak, Baffuto held the position of director of investment sales at Massey Knakal Realty Services in Brooklyn. While employed there he exclusively represented buyers and sellers in the sale of multifamily and commercial properties throughout the N.Y.C. region.
Baffuto holds a bachelor of arts degree in Communications from Fordham University. He is a licensed real estate broker in the states of New York and New Jersey.
The Kislak Co., which is headquartered in Woodbridge, N.J., is recognized as the dominant investment sales company serving the multi-family and retail markets. Established in 1906, Kislak's market leadership position and longevity is due to its ability to offer clients a personalized, hands-on approach, coupled with the expertise of its long-tenured team of professionals. Kislak's prestigious client base includes individual investors and owners, partnerships, financial institutions and REITs. The firm's 30 professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Virginia and Delaware.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.