News: Brokerage

Rahmani and Stavsky of VCPRE advise Muss Development for $29.25 million deal

Scarsdale, NY Muss Development has purchased a new apartment complex at 250 Central Park Ave. in a 1031 exchange for $29.25 million. The building is comprised of 51 units which encompass 46,342 s/f. 

Itan Rahmani

 

Jacob Stavsky

 

Richard Horowitz

 

Elana Tsyganko

 

Max Kostikov

 

The seller, Ted Weinberg, was represented by Elana Tsyganko, Max Kostikov and Richard Horowitz of Cooper Horowitz and the buyer, Muss Development, was represented by Itan Rahmani and Jacob Stavsky of Venture Capital Properties, VCPRE LLC.

Residents of “250 Glasshouse” have extensive outdoor terraces and a golf course adjoining the back of the building. The area is close to nearby recreational, dining, and shopping options. The Hartsdale Metro-North Railroad Station is just a five minute drive from the building, providing convenient access into New York City via the Harlem Line – with an approximate 41 minute ride to Grand Central.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking