News:
Brokerage
Posted: September 20, 2016
Leber of Saperston handles three sales totaling $8.51 million
West Seneca, NY Saperston Real Estate brokered three sales totaling more than $8.51 million. Joseph Leber, president of Saperston brokered all three deals representing both the sellers and buyers. The transactions were an investment portfolio totaling a 172 residential units. The seller of all three properties were Bueme, Bueme, and Michalek.
61-83 Fisher Rd., containing 48 residential units were sold to Edward Arnold and Tomm Sweeney, for $1.3 million.
1571 Center Rd. and 60-91 Oakridge Dr., containing 104 residential units, as well as 770-784 Millersport Hwy. in Amherst (20 residential units) were sold to The Tzetzo Companies LLC for a combined price of $7.21 million.
60-91 Oakridge Drive - West Seneca, NY
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE completes $211m acquisition of 260 Madison Ave.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
.jpg)
Quick Hits
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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,
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
.gif)