News: Brokerage

Scandalios, Julien and Hinckley of HFF rep Fortis Properties and Joy Construction in sale of Atelier Williamsburg

Andrew Scandalios, HFF Andrew Scandalios, HFF
Brooklyn, NY Holliday Fenoglio Fowler, LP (HFF) represented Fortis Property Group, LLC and Joy Construction Corporation in the sale of Atelier Williamsburg, a newly-developed, 120-unit, six-story residential property in the Williamsburg neighborhood.

Atelier Williamsburg is located at 239-261 North 9th St. equidistant to the Lorimer and Bedford Ave.subway stations in Williamsburg.  Additionally, the property is within walking distance of McCarren Park and the East River Waterfront as well as numerous highly-rated restaurants. Completed in 2015, the property has studio, one- and two-bedroom rental units each with top-of-the-line finishes, such as stainless steel appliances, 10-foot ceilings, hardwood floors, soaking bathtubs and oversized washer/dryers in all units. Other property amenities include a 24-hour doorman, rooftop deck with barbecues and skyline views, resident lounge with billiards table and entertaining kitchen, landscaped courtyard, and fitness center.

The HFF investment sales team representing the seller was led by senior managing director Andrew Scandalios and managing directors Jeff Julien and Rob Hinckley.

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
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
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,