New York City

BRG is sole broker for $2.95 million sale of Brooklyn multifamily

Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 615 Vanderbilt Ave. in Prospect Heights, for $2.95 million.

SCG Retail and Team Starbucks celebrate opening of Moynihan Train Hall

New York, NY On December 30, governor Andrew Cuomo cut the ribbon on the new Moynihan Train Hall, located on 8th Ave. across from Madison Square Garden and Penn Station in

Nassimian & Goldflam of Highcap sell development site for $13 million

Queens, NY Rodney Nassimian, investment sales associate, and Josh Goldflam, co-founder and principal of Highcap Group, have completed the $13 million sale of a development site located at 46-30 21st St. in the Long Island City area.

Racanelli Construction Co. completes 120,000 s/f project in Queens for Piermont Properties

Queens, NY Racanelli Construction Company, Inc. completed a mixed-used project on behalf of Piermont Properties, Inc. The 120,000 s/f, eight-story building consists of 131 rental apartments, a 30,000 s/f second floor parking garage, a

Stenson of Brax Realty brokers $9 million sale

Manhattan, NY Alan Stenson, senior director of Brax Realty, brokered the sale of a 6,620 s/f package of commercial buildings in NoMAd/Herald Square. The properties, 54-56 West 31st St., located

Stimulating a post-pandemic recovery – Converting offices to residential use in NYC - by Daniel Braff

It has been recently reported that both gov. Cuomo and mayor De Blasio are reviewing proposals to convert office buildings to residential use in response to high office vacancy and

2021 – Best opportunity to protest your tax assessment - by Peter Blond

January is always a busy time of year for a tax certiorari practitioner. The two primary causes for the increased workload: Second half tax bills due in early January

O’Brien & Peters of M.C. O’Brien Inc. lease 24,100 s/f total

New York, NY M.C. O’Brien Inc. closed the following leases: 5,000 s/f lease renewal for CAMBA Inc., at 120 Stuyvesant Pl. on Staten Island.

255,000 s/f Moynihan Train Hall opens in Midtown Manhattan – $1.6 billion project

Manhattan, NY Governor Andrew Cuomo celebrated the grand opening of Moynihan Train Hall, a 255,000 s/f train hall designed for the 21st century in

Alpha Realty brokers five building portfolio – $25 million

Queens, NY Alpha Realty brokered the $25 million sale of a five-building package located in the Far Rockaway section. The portfolio consists of