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Letter of Intent - Construction Lending

Healthy activity in construction spending has led to a renewed faith from commercial lenders looking to take advantage of a robust sector in...

Kim and Edelkopf of Itzhaki sell 938 Lafayette Avenue for $715,000; Three-story apartment building set for re-development

Itzhaki Properties arranged the sale of 938 Lafayette Ave., in Bedford-Stuyvesant section of the borough. This three story apartment buildin...

Murphy of ERG sells five story walk-up for $3.3 million

ERG Property Advisors arranged the sale of 667 187th St. in the Little Italy section of the borough. The property is a five-story walk up wi...

The commercial classroom: Should your client lease or buy a building?

This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practi...

Letters of credit: A commercial landlord's safe and secure bet

While the global economy is on the mend and the markets wage a comeback, the financial crisis served as a strong reminder for commercial lan...

Kimyagarov of Massey Knakal sells development site for $2.725 million

A development site at 1900 Park Ave., located on the corner of Park Ave. and East 129th St. in the borough's East Harlem neighborhood, was s...

Cohen, Blumberg, and Doshi of Besen arrange $7.6 million sale of apartment building

Besen & Associates arranged the sale of 228 Ave. B, located between East 13th and East 14th Sts. in the East Village section of the borough....

Ariel Property brokers sale of Bronx multifamily portfolio for $18.55 million; Sales team of Shkury, Hirschfield, Sozio, Tortorici, and Gold

POKO Partners LLC has arranged the purchase of Property Resources Corp.'s Belmont-Venezia Portfolio for $18.55 million. Ariel Property Advis...

FTA awards $886.3 million to MTA to repair damage by Superstorm Sandy

According to governor Andrew Cuomo, the Federal Transit Administration (FTA) has awarded $886.3 million to the Metropolitan Transportation A...

Berko and Korine of Berko & Associates finance $27 million for The Paper Factory Hotel

Joe Berko and Michael Korine of Berko & Associates along with Madison Realty Capital (MRC) completed a $27 million first mortgage loan to re...