News: Brokerage

RE/MAX Edge opens second Brooklyn office

RE/MAX Edge broker/owner Napolitano (center) cuts the ribbon at the grand opening of the new RE/MAX Edge office at 9425 3rd Ave. in Bay Ridge, Brooklyn.

Brooklyn, NY RE/MAX Edge recently opened its second office in the borough with a ribbon cutting ceremony, open house and community celebration. The newly opened office, located at 9425 3rd Ave. in Bay Ridge, is the second full service real estate location for broker/owner Michael Napolitano.

 and will provide comprehensive residential and commercial real estate services to Bay Ridge as well as the greater Brooklyn and Staten Island markets.

Business leaders, dignitaries and government officials, including senator Martin Golden addressed the more than 80 people at the event congratulating broker/owner Michael Napolitano on the opening of RE/MAX Edge.

“RE/MAX is a recognized, respected and trusted brand in Brooklyn and New York State. The brand is an asset which has played a critical role in our growth,” said Napolitano. “Real estate is a business that takes hard work and determination. I am committed to mentoring and sharing my real estate knowledge with the professionals in my office, which will allow them to grow their businesses and achieve success.”

“Michael is a dynamic, young real estate leader and broker/owner. He understands what professionals need to grow and thrive in the competitive Brooklyn landscape. He is leveraging the advantages of the RE/MAX global network and we are certain that this second RE/MAX Edge office will immediately have an impact,” said Terri Bohannon, region vice president, RE/MAX New York Region.

Brooklyn and Staten Island have some of the most desirable real estate in New York. The Bay Ridge office is an ideal location and will allow the offices professionals to serve all of Brooklyn. Napolitano is committed to having 20 or more professionals working from the office by the end of 2018.

MORE FROM Brokerage

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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,