West Chelsea Air Rights on the Radar
Once a dormant and neglected industrial area, Manhattan’s west side has blossomed into o...
Peter Blond, Esq. is a partner at Brandt, Steinberg, Lewis & Blond LLP and the chair of the NYC Bar committee on condemnation & tax ...
Michael Packman is a co-founder & principal of KNPRE, Westbury, N.Y.
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Garden City, NY Noted certified public accountant, financial and management consultant Michael Garibaldi, CPA/ABV/CFF/CGMA has opened the Ga...
When people think of popular and lively Brooklyn neighborhoods, Williamsburg, DUMBO, and even Park Slope come to top of mind, while Cobble Hill ever so rarely seems to land on the coveted list. Though the enclave may be flying under the radar, the real estate market here is booming. Cobble Hill is accessible by many modes of public transit, and there is plenty to see, do and love.
It has been a busy summer in the land sales world. In this month’s piece, I will focus on this summer’s development activity in Astoria and Long Island City. The average price per zoning floor area in this area equates to $261/ZFA this summer. Below I will highlight 10 development site sales for June, July and August. (Price per ZFA is calculated using as-of-right s/f only):
It was not too many years ago that self storage was the “bastard” of the real estate industry. Fast forward; there are now five publicly traded self storage REITS on the New York Stock Exchange with Public Storage, the leader in our industry, listed on the Standard & Poor index of top 500 companies in the U.S. Yes, self storage has grown to be the “darling” of real estate investors because of its predictable, steady cash flow and is now regarded as a hedge stock/equity to own in recessionary times.
Manhattan, NY RKF has arranged the $6 million sale of a 5,697 s/f mixed-use building at 330 Grand St. on the Lower East Side of Manhattan. T...
Manhattan, NY Adams & Co. Real Estate has completed a 9,341 s/f lease for Curtis Partition, a leading New York City drywall an...
Brooklyn, NY The Jefferson-MacDonough Collection, a 53-unit multifamily portfolio has sold, according to John Horowitz, vice president and r...
