News: Brokerage

Itzhaki Properties arranges sale of 1664 Woodbine Street for $855,000

Itzhaki Properties (IPR B&H, Inc.) arranged the sale of 1664 Woodbine St. The three story multi-family building, consisting of six three-bedroom apartments, sold for $855,000. The brokers on this deal were Baruch Edelkopf, Mike Rybinskov, and Itzhaki Properties' Managing Partner-CEO, Yona Edelkopf. "Our investors are really interested in this area. Ridgewood is hot right now," said Mike Rybinskov about the sale. The classic brick building lies on a tree-lined block in historic Ridgewood between Cypress and Saint Nicholas Avenues. The neighborhood, in close proximity to Brooklyn, is quaint and residential while still contributing to the unique cultural diversity of the borough. The property is conveniently located two blocks from the Seneca Ave M and Myrtle-Wyckoff Ave L subway stations, giving tenants easy access to and from Manhattan.
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Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
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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
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,

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,
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