News: Brokerage

Inglese of Friedman-Roth Realty procures buyer in $6.35 million sale; Doshi of Besen and Sioni of Sioni & Partners rep seller

According to Friedman-Roth Realty Services, Besen and Associates, and Sioni & Partners, the sale of 2055 Cruger Ave., located in the Pelham Pwy. section has been completed. The six-story elevator building has 72 apartments and is a total of 84,006 s/f. The building was constructed in 1932. The property sold for a purchase price of $6.35 million and had a gross income of $823,967. The purchaser was procured by Giuseppe Inglese of Friedman-Roth Realty Services. The seller was represented by Amit Doshi of Besen and Associates and Moses Sioni of Sioni & Partners.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,