News: Brokerage

Rose Associates named managing agent at The Alexander at Rego Center

Mitchell Gelberg, <a class=Rose Associates" width="240" height="300" /> Mitchell Gelberg, Rose Associates
Queens, NY Rose Associates, the New York-based full-service real estate firm, has been named the exclusive managing agent at The Alexander at Rego Center, a new luxury rental property located at 61-55 Junction Boulevard in Rego Park. The 27-story property offers 312 apartments in studio, one-, and two-bedroom layouts. Leasing is now underway, with immediate occupancy available. “We are excited to manage The Alexander, a beautiful new building that speaks to the evolution of Rego Park. This upscale, LEED-designed, amenity rich property has been developed atop Rego Center, the area’s premier shopping destination providing easy access to nationally-recognized retailers and restaurants,” said Mitchell Gelberg, senior managing director at Rose Associates. “Rose Associates is one of the premier managers of luxury rental properties in New York City,” said Geoff Smith, vice president of development at Vornado Realty Trust. “We believe their expertise and commitment to first-class service will help maintain this exceptional property and deliver the highest level of resident satisfaction.” The Alexander’s residences feature open layouts with nine-foot ceiling heights, white oak flooring, Caesarstone quartz countertops and Italian porcelain tile flooring in kitchens and baths, and Whirlpool stainless steel appliances. A full suite of recreational and social amenities enhance residents’ lifestyles, including 24-hour concierge, a state-of-the-art fitness center with cardio and strength-training equipment, a game room and social lounge with a kitchen and fireplace, an indoor and outdoor children’s playground, and an outdoor landscaped terrace with seating, cabanas and a barbecue area. The building is also pet-friendly and features bike storage and onsite parking. The Alexander offers breathtaking views of the Manhattan skyline, Central Queens and beyond, and the property is a short walk from Queens Boulevard and the M and R subway lines. Celebrated area attractions include the Queens Botanical Garden, the Queens Museum, Flushing Meadows-Corona Park, Citi Field and the National Tennis Center.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

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
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 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.