New York, NY According to CBRE, David Hollander, a 25-year veteran of the firm, and Neil King, with 12 years at the company, have been promoted to vice chairmen. Both have been consistently recognized as top producers within CBRE.
New York, NY Rosewood Realy Group has arranged four sales totaling $107.69 million in the NY metro area. In the first deal, Camber Property Group and Belveron Partners purchased a 400-unit apartment building in the Highbridge section of the Bronx for $77 million, with plans to bring all the units back to affordable housing.
Manhattan, NY Marcus & Millichap has completed the sale of a five-story office building located at 32 East 39
th St., according to John Krueger, vice president and regional manager of the firm’s Manhattan office. John Stewart, Nicholas Biedron, and Stephen Bell...
Manhattan, NY Lee & Associates NYC (Lee NYC) has brokered two leases totaling 20,800 s/f. In the first lease, Dennis Someck, executive managing director/principal, and Justin Myers, senior managing director/principal, of Lee & Associates NYC represented the tenant, Ceros, in a seven-year...
The Housing Stability and Tenant Protection Act of 2019 which was passed by the NYS legislature on June 11th caused a seismic shift in the NY housing market. While the intention of the sponsors, ostensibly the alleviation of the ills of NY’s chronically under-supplied housing market, and the efficacy of their chosen...
Brooklyn, NY Bestreich Realty Group (BRG) has arranged three sales totaling $5.61 million. The deals include the following: The $1.76 million sale of 29 Devoe St.in the Williamsburg section. The 5,000 buildable s/f development lot site measures 25 x 100 ft. and is zoned R6B with
Manhattan, NY Ryan Sabet and Yoel Sarraf of Venture Capital Properties represented the buyer, in the $11.95 million sale of 223 East 89th St.
New York, NY According to the Real Estate Board of New York (REBNY), its president, John Banks, will retire after five years of service to REBNY and 33 years in the private and public sectors. The REBNY board of governors confirmed Jim Whelan as new president...
Real estate investors have become increasingly optimistic about Sunset Park’s industrial and warehouse assets, motivated by the neighborhood’s proximity to major thoroughfares and relative affordability. With New York’s new rent regulation laws expected to dampen demand for multifamily...
I’m very familiar with my phone ringing continuously at this time of year because New York City real estate tax bills – due in July – are being received by property owners city-wide. Unlike any other year, however, New York City tax bills are jam-packed with errors. In particular, bills offer a...
