Bronx, NY Kathy Zamechansky, president of KZA Realty Group, Inc., has brokered a deal to sell an 11-story commercial building at 2021 Grand Concourse for $7.25 million. Built in 1927, the structure includes 59,292 s/f and a pharmacy on the ground floor.
Queens, NY The Marcal Group has completed the model residences in One Sixteen, an eight-story residential development under construction in the Rockaways that has been named one of N.Y.’s most anticipated new buildings. One Sixteen will...
Manhattan, NY Collaborative Group’s Andrew Natter and Hal Fuchs represented both the buyer and seller in the $13 million sale of 1685-1687 1
st Ave. The six-story, mixed-use walkup has 40-ft. of frontage on 1
st Ave...
The Housing Stability and Tenant Protection Act of 2019 (Act) is the most sweeping change in rent regulation in NYC since rent regulation was adopted during WWII. It goes without saying that affordable housing is an important part of the social fabric of NYC; however, several changes....
Manhattan, NY HSP Real Estate Group has arranged a five-year renewal lease for JGM Construction Development, LLC at 16 West 36
th St., between Fifth and Sixth Aves. in the Penn Plaza district. JGM has occupied the 2,109 s/f
Bronx, NY Cushman & Wakefield has arranged the $1.01 million sale of 959 Cauldwell Ave., also known as 606 East 164th St., a 3,404 s/f church property in the Morrisania neighborhood. Cushman & Wakefield’s Jonathan Squires, Michael Fioravanti, Josh Neustadter, Addison Berniker...
Do you know any one grown-up who hasn’t shopped for and bought at least one item on the Internet in 2019? The likelihood that you do is incredibly slim. E-commerce is growing rapidly with companies like Amazon, eBay and Etsy leading the way. According to the U.S. Department of Commerce...
Northern Manhattan has been a hotbed for commercial real estate investment in recent years, due largely to its relative affordability and the upside potential offered by many of its neighborhoods, such as West Harlem. With construction currently underway at the famed Taystee Building...
Nick Malagisi, SIOR, is the national director of self storage at SVN | Commercial Real Estate Advisors, Buffalo, N.Y.
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When was the last time you heard a New Yorker say, “Last night we went to this fabulous Italian restaurant in Little Italy?” Right, I don’t remember either. Over the past decades, Little Italy has gotten a reputation it doesn’t deserve: That of a tourist trap that real New Yorkers learned...
