New York City

Schuckman Realty facilitates two sales totaling $4.425 million

New York, NY Schuckman Realty handled two sales totaling $4.425 million. Schuckman Realty facilitated the sale of a 6,069 s/f lot, with a two-family home that is being redeveloped into a 39,274 s/f building. The sale price was

Turnbridge Equities recapitalizes Bronx Logistics Center with joint venture partner Dune Real Estate Partners LP – $105 million

Bronx, NY Turnbridge Equities, a vertically integrated real estate investment and development firm, announced the recapitalization of the Bronx Logistics Center, a class-A industrial development site

Klosed Properties acquires five-story walk-up near Fordham University for $5.5 million

Bronx, NY Klosed Properties acquired 558 East 191st St. from Michele Giacinto, who had owned the property for almost 50 years. The five-story walk-up in the Belmont/Fordham neighborhood

Sparks of GFI reps buyer in $11.9 million sale of two Staten Island buildings

Staten Island, NY GFI Realty Services, LLC completed the sale of 100 Belmont Pl. and 101 Daniel Low Terr., two six-story elevator apartment buildings occupying a single lot in the St. George neighborhood. The sale price was

LIHC Investment Group and Rockport Mortgage close $65 million financing

Manhattan, NY LIHC Investment Group and Rockport Mortgage Corp. closed a $65 million FHA Section 223(f) refinancing loan for Renwick Garden Apartments, a 224-unit subsidized Section 8 property supporting many elderly and

Friedman-Roth Realty broker two sales; includes $7.5m deal by Inglese and Haque

New York, NY According to Friedman-Roth Realty Services, the firm has completed two sales totaling $12.175 million. The sale of an East Village apartment building located at 17 East 7th St. The five-story walk-up includes

Lendlease, L+M secure Daiwa House as equity partner for 100 Claremont

Manhattan, NY Lendlease and L+M have brought on a new joint venture partner, Daiwa House Texas Inc., to create a new mixed-use development at 100 Claremont Avenue. The project, designed by

Black Bear Capital Partners arrange $62.019 million for FTERE

Bronx, NY According to Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, it has arranged $62.019 million in permanent financing on behalf of

Nassimian of Highcap Group tapped to sell five-lot assemblage in Astoria 

Queens, NY Rodney Nassimian, investment sales associate of Manhattan based investment sales firm Highcap Group, has announced the exclusive listing for the sale of a five-lot assemblage in the Hallets Point neighborhood of Astoria.

When will business come back? Some advice from an experienced NYC broker - by Joseph Aquino

A property owner might hope that the real estate situation in New York might return to near-normal by the end of this year, but it might be safer to assume that the recovery will take much longer. In the latter case, you might want to