News: Brokerage

IPRG sells Tompkins Square portfolio for $29 million

Manhattan, NY Investment Property Realty Group (IPRG) negotiated the sale of Tompkins Sq. portfolio (five buildings) for $29 million.

The five buildings (141 Ave. A, 440, East 9th St., 438 East 9th St., 413 East 9th St., and 153 Ave. A) contain 68 apartments and seven retail stores totaling 31,382 s/f in the East Village.

MORE FROM Brokerage

2026 Women in Commercial Real Estate: Jessica Richer, Hanna Commercial Real Estate - Albany

What was the most rewarding project or deal you’ve worked on in the past 12 months, and why? I had the honor to assist The Arc of Rensselaer County to implement a strategic plan for consolidation of their program and administrative services.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,