Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 26 Park Pl. in the Park Slope neighborhood. The property sold for $2.325 million. This 3,000 s/f multifamily has three apartments which were all delivered vacant and priced at $775 per s/f.
When the COVID-19 pandemic first hit the United States, the retail industry came to a screeching halt. In New York City specifically, the epicenter of it all, neighborhoods, especially those with a strong concentration of retail, were left
“New York, like states all across the country, confronts the immediate effects of a paralyzing national recession, the longer-term challenge of improving our competitive position in the global economy, and the specter of a dangerous, ugly divisiveness among our people.”Brooklyn, NY According to the Schoen Group of Savitt Partners (Savitt), Mother New York (Mother), an independent creative company with offices in London, Shanghai, Los Angeles and South America, has signed a 61,000 s/f, 15-year lease at the Roulston House in the
New York, NY David Zaken has joined the JAACRES commercial real estate brokers. He will report to JAACRES president Joseph Aquino
Queens, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has been named exclusive agent for sale 97-25 Beach Channel Dr.
New York, NY The Real Estate Board of New York (REBNY) honored winners of its 22
nd Annual Retail Deal of the Year Awards at a virtual ceremony held July 30
th, where a portion of the proceeds benefitted Citymeals on Wheels.
Brooklyn, NY Urban Standard Capital (USC) arranged a $3.8 million loan for Conway Capital’s purchase of a four-story building that houses Court Street Bagels in Cobble Hill. The 6,790 s/f mixed-use building at 181 Court St. was built in
A few months ago, I did not envision the “boys of summer” as the City Council arguing at the 11
th hour over the appropriate interest rate to charge suffering landlords throughout the five boroughs. COVID had already closed New York City and the rest of the
There are many investors that have been on the sidelines waiting for distressed opportunities. Unfortunately, distressed opportunities will be limited in this cycle due to the government’s quick and effective intervention by bailing out the banking system, publicly
