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Eastern Equity names Fuld VP of underwriting
December 3, 2019
Brooklyn, NY Eastern Union has hired Judah Fuld, Esq. to serve as vice president of underwriting for Eastern Equity Advisors.
Amengual appointed COO at DMG Investments
December 3, 2019
Manhattan, NY According to DMG Investments, LLC, Jeffrey Amengual has been appointed COO. In his new role, Amengual will oversee all company operations, and lead the company’s undertakings to improve
YM/WREA participates in Habitat for Humanity Day
December 3, 2019
Brooklyn, NY On Friday, October 25th, YM/WREA members, guests and applicants volunteered with Habitat for Humanity NYC’s “A Brush with Kindness” at the Cooper Park Community Center on Kingsland Ave.
Isak launches Alex Isak Realty Services
December 3, 2019
Queens, NY Alex Isak has launched Alex Isak Realty Services, an investment sales firm based in Forest Hills. Prior to launching his own firm, Isak worked in the commercial real estate industry for 19 years as a
Kelly recognized by Counselors of Real Estate as 2019 Landauer/White Award recipient
December 3, 2019
New York, NY According to the Fordham Real Estate Institute, (REI) special advisor and curriculum chair Hugh Kelly, Ph.D., CRE, has been named the 2019 Landauer/White Award recipient by The Counselors of Real Estate.
New York Energy Consumers Council honors recipients of 2019 Energy New York Awards
December 3, 2019
New York, NY The New York Energy Consumers Council (NYECC), the largest energy customer advocacy organization in New York State, today announced its 2019 Energy New York Awards (ENYA) recipients. The ENYA honors organizations
Bestreich Realty Group closes four sales totaling $12.25 million
December 3, 2019
Brooklyn, NY Bestreich Realty Group (BRG) closed the following transactions: 242-244 Hawthorne St. in the Prospect-Lefferts Gardens neighborhood sold for
Jambu, Varjan, Steffani and Braun of Lee & Associates NYC broker $18.65 million sale
December 3, 2019
Manhattan, NY Vickram Jambu and Chris Varjan, both senior managing director of investment sales, along with directors George Steffani and Jonathan Braun, of Lee & Associates NYC, (LeeNYC) have arranged the sale
Message from the CEO of Bronx-Manhattan North Association of Realtors: A Vet’s silence - by Elieze...
December 3, 2019
It’s wonderful when an event comes together and the end result fills your heart joy. My son, Miguel, has helped me heal many of my life’s scars. Several years after my son started attending P.S. 108, he asked me to attend a Veteran’s Day event at
Downtown New Rochelle development led by RXR and Cappelli
December 3, 2019
The "Queen City On The Sound" is getting it’s big real estate makeover. There is something new in the clear, fresh air that has led these two mega developers and others to build luxury residential buildings here. You may remember well it
Infrastructure: Disaster and resilience - by Barbara Champoux
December 3, 2019
Urban societies depend heavily on the proper functioning of complex infrastructure systems. The convergence of several trends and conditions now pose unprecedented risks for those systems world-wide: Urbanization, which is creating a larger
Bonett of Adams & Co. leases 11,670 s/f; Savills acts for tenant
December 3, 2019
Manhattan, NY According to Adams & Co. Real Estate, LLC, Kassatex, Inc., which designs and distributes luxury textiles and linens, has signed a 11,670 s/f, 10-year lease at 330 Fifth Ave. The New York-based firm will relocate its
Taconic Investment Partners and Nuveen Real Estate acquire two Manhattan properties for $230 million...
December 3, 2019
Manhattan, NY Taconic Investment Partners, with Nuveen Real Estate have acquired two commercial buildings, 125 West End Ave. and 320 West 66th St., along with an adjacent unbuilt site. The property totals 500,000 s/f of commercial
Weiss of Besen Partners closes two sales – $7.25 million total
December 3, 2019
Mamaroneck, NY Besen Partners completed the sale of 610 & 639 Fayette Ave., two fully-leased, light industrial buildings in Mamaroneck, Westchester county. The properties were exclusively listed and sold by Besen’s managing director, Ben Weiss
Marcus & Millichap Capital Corp. places $46 million loan for Staybridge Suites project by developer ...
December 3, 2019
Queens, NY Marcus & Millichap Capital Corp. (MMCC) has arranged for $46 million in construction financing for a Staybridge Suites located at 38-61 11th St. in Long Island City, according to vice president and regional manager John Krueger. The construction financing was
Shkury of Ariel Property Advisors shares “Multifamily Quarter In Review | NYC Q3”
December 3, 2019
New York, NY NYREJ recently sat down with Shimon Shkury, founder and president of Ariel Property Advisors, a New York City investment real estate services and advisory company, who shared some of the highlights from
Exchanging property you didn’t know you had - by Pamela Michaels
December 3, 2019
In the Northeast and especially New York City, properties with views sell at a significant premium. Developers and long term owners work to ensure that their views are unrestricted. The means of doing so often involves the purchase of air rights from
$68 million Phase II of I-390/I-490/Rte. 31 improvement project completed
December 3, 2019
Gates, NY According to governor Andrew Cuomo, construction work on the $68 million second phase of the ongoing I-390/I-490/Rte. 31 Interchange Improvement Project in Monroe County, is now complete. Construction this year consisted
Investment Sales: Real estate and interest rates in today’s world - by Michael Weiser
December 3, 2019
The generally accepted principle is real estate always does well, over the long term and owning real estate is how you build wealth. However, improper planning or sudden changes in market conditions can sometimes derail even the most well planned
Celifarco of Prime Real Estate Partners facilitates $6.9 million sale
December 3, 2019
Manhattan, NY Prime Real Estate Partners closed the sale of 1694 Park Ave., a mixed-use building in East Harlem. Anthony Celifarco, president of the firm represented the buyer and seller.