Front Section

NKF completes 99-year leasehold for L+M Development Partners

Brooklyn, NY Newmark Knight Frank (NKF) completed the sale of a 99-year leasehold interest at 250 Utica Ave., on behalf of the seller, L+M Development Partners. The $13.925 million sale of a 99-year leasehold interest at 250 Utica Ave., on behalf of

Bestreich Realty Group handles $1.5 million sale of Brooklyn development site

Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 2911 Albermarle Rd. in the  Flatbush neighborhood for $1.5 million. This development site is located between Rogers and Nostrand Aves. The property offers

Harlem condos sell at 2600 Adam Clayton Powell Jr.; distinguished building convenient to subway and schools

Harlem has, in past decades, been a hip and "in" place to call home. Just ask former President Bill Clinton whose office is on 125th street. The area has become up and

Cooper Horowitz holds 55th annual reception

New York, NY Cooper Horowitz celebrated its 55th annual reception at Brasserie 8 1/2. The event was attended by over 1,000 borrowers and lenders from across the country.

Dunne, Neuer, Pride, Bardsley, Gavin and Apfel of CBRE broker
$232.5 million sale of 915-unit Patchogue property

Patchogue, NY The CBRE team of Jeffrey Dunne, Jeremy Neuer, Gene Pride, Steven Bardsley, David Gavin and Eric Apfel completed the sale of La Bonne Vie, a 915-apartment community in Patchogue, N.Y. for a total consideration of $232.5 million

Ariel Property Advisors sells Bronx property for $2.8 million

Bronx, NY Ariel Property Advisors completed the sale of 305 East 182nd St. The four-story, 36,000 s/f parking facility in the

Colliers Project Leaders | USA participate in Anchin forum

Manhattan, NY Colliers Project Leaders | USA participated in Anchin’s industry-leading forum, “Future Forward 2020: What’s Next for New York Real Estate and Construction” on February 4th at the Sheraton New York Times Square Hotel.

Rosewood Realty Group closes $16.69 million development site sale

Brooklyn, NY Rosewood  Realty Group completed the $16.69 million sale of a 130,000 s/f development site in the Bushwick neighborhood. The property at 1333 Broadway and Linden St. is

TerraCRG facilitates sale of two properties: $5.082 million total

Brooklyn, NY TerraCRG, one of the borough’s leading commercial real estate brokerage firms, has completed the following: The firm closed the sale of a

Doshi and Mehra of Meridian represent buyer and seller in $7.85 million sale of 41,000 s/f property

Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra sold an exclusive listing at 20 Sherman Ave. in the Inwood neighborhood. The 94-ft.-wide property sold for $7.85 million, yielding a capitalization rate of 5.6%, $191 per s/f, $186,906 per unit and