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Company of the Month: Schuckman Realty continues to grow its platform as it approaches four decades ...
November 21, 2017
Lake Success, NY Schuckman Realty is a full-service commercial real estate firm serving New York City, including the surrounding tri-state area, Long Island and New Jersey. The company was formed nearly four decades ago in the late 1970s when the retail shopping center business was still in its defining stages. Its founder, Stanley Schuckman, was one of the first…
Sarn and Hurley of CPEX broker $1.65 million sale
November 21, 2017
Brooklyn, NY CPEX Real Estate’s mixed-use investment sales team has sold a three-story mixed-use building located at 451 Irving Ave. in Bushwick. The property sold for $1.65 million, or $367 per s/f.
The end of “brick-and-mortar” is not near–Retail assets continue to evolve to meet consumer ne...
November 21, 2017
Last summer, Macy’s chairman Terry Lundgren famously described the glut of retail property in the U.S as “ridiculous.” Indeed, the U.S. currently has the most retail space per capita of any country–with no close second. While numbers vary widely, the U.S. reportedly has…
Department store domination: The fabulous forefathers of our current NYC shopping greatness - by Fai...
November 21, 2017
When the ‘Queen of Retail’ is asked where is the best shopping in Manhattan…my forever favorites will be Madison Ave. and Fifth Ave. Not because I live on Fifth and my office is on Madison (pure coincidence… or is it) but because they are the shopping destinations for luxury and is a parade of the most magnificent flagships in the world. When one describes shopping greatness, the fabulous forefathers are the department stores and I promise you they are beyond…
Racanelli Realty Services, Inc. launches new commercial real estate financing division; Nicholas Rac...
November 7, 2017
Commack, NY Racanelli Realty Services, Inc. has added a new division, the Commercial Real Estate Financing Division. Through this division, clients will be able to secure a wide range of flexible financing options accessed through Racanelli’s broad network of lenders. Vice president Nicholas Racanelli will head up Racanelli Realty’s new Commercial Real Estate Financing Division. He will leverage his extensive experience serving in various executive roles with leading mortgage brokerage companies.
