News: Brokerage

Kooris of Rosewood reps seller in $2.625 million sale; Jungreis of Rosewood reps buyer, DSA Management

Rosewood Realty Group has closed on the $2.625 million sale of a two-building portfolio in Park Slope. The buildings at 447 and 449 16th St. The two, four-story walk-up apartment buildings, both built around 1908, represent 7,112 s/f each or 14,224 s/f total. The buildings feature a total of 16, two-bedroom units. Rosewood Realty's Samuel Kooris represented the seller, Konstantinos Realty LLC, and Aaron Jungreis represented the buyer, DSA Management Co., Inc. in the off-market, unadvertised deal. Rosewood Realty is a boutique commercial brokerage firm that focuses on sales in multifamily, retail and office properties largely in New York, New Jersey and Connecticut. The firm ended 2011 with over $600 million in over 50 closed deals and was recently named one of the top 10 "Power Sales Brokerage Firms" for sales completed in 2011. This year, Rosewood - which has already closed over 25 deals - is on track to beat last year with an estimated 80-90 deals worth over $1 billion
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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,

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
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