NAI Friedland completes sale of 36-acre site to Westrock Development
NAI Friedland Realty recently sold the 36-acre site opposite Cortlandt Town Center to Westrock Development for an undisclosed price. Westrock proposes to build a mixed-use development on the site with both retail and housing components. Steven Oder, CEO of Friedland Realty, will be the exclusive broker for the retail development.
The 10-acre retail parcel with over 1,000 ft. of road frontage is the proposed site of Cortlandt Crossings, a new grade level retail shopping center. The center will include 85,000 s/f of retail space and a 5,000 s/f bank pad site with 445 parking spaces. Construction is scheduled to start in November 2009, with a delivery date of November 2010.
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
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
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.
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,
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