The impact of COVID-19 has brought increased market volatility to the real estate sector as investors seek to divine the short-term impact of restricted openings and potential long-term impact of increased online shopping and working Manhattan, NY
According to Silverstein Properties, Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751 s/f lease at 120 Wall St. Currently located at 475 10th
Joel Gorjian, a national real estate investor and President and CEO of Gorjian Acquisitions, has completed the sale of the 489 Atlantic Ave. retail condominium as part of a disposition of the firm’s portfolio ofBrooklyn, 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 theNew York, NY
David Zaken has joined the JAACRES commercial real estate brokers. He will report to JAACRES president Joseph AquinoQueens, 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 22nd
Annual Retail Deal of the Year Awards at a virtual ceremony held July 30th
, where a portion of the proceeds benefitted Citymeals on Wheels.