News: Brokerage

NSA receives MBE certification from New York City

New York, NY National Standard Abstract (NSA), a full-service title-insurance firm established in March 2015, has been certified as a Minority-owned Business Enterprise (MBE) by the New York City Department of Small Business Services. In New York’s title-insurance industry, NSA is one of the very few MBE-firms. NSA is in the process of obtaining state certification. MBE certification marks the latest milestone for NSA since launching 10 months ago. To date, NSA has closed $124 million primarily in affordable housing and commercial real estate sectors in Harlem, Brooklyn, Queens, the Bronx, Manhattan and Nassau County. Furthermore, the minority-owned firm has approximately $345 million of deals in the pipeline through 2016. “Having certification from the City will be a tremendous tool for growing our small business that is less than a year old,” said Osei Rubie, founder and president of National Standard Abstract. “The de Blasio Administration’s commitment of greater inclusion of minority and women-owned businesses will lead to more exposure and opportunities for National Standard Abstract with the public and private sectors.” Established in March 2015, National Standard Abstract’s dynamic team of title-insurance experts have more than 100 years of combined experience in intricate real estate deals positioning NSA with unique skills to provide tailored service to handle any client’s needs. A minority-owned business, NSA’s staff has worked with the most active real estate developers in New York and the region and possess extensive knowledge of complex transactions including mixed use, office, market-rate and affordable housing, amusement parks and hospitals. NSA is a member of the New York State Association for Affordable Housing and the Supportive Housing Network of New York.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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