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GFI Realty Services arranges the $3.5m sale of a mixed-use asset

New York, NY GFI Realty Services arranged the $3.5 million sale of 4802 13th Ave., a walk-up building comprised of a ground floor retail unit and 5 apartments located in the Borough Park section of Brooklyn.

Covello forms independent advisory company

NEW YORK, ny CEO Jamie Covello LLC, an independent woman-owned real estate advisor launched as a provider of worldwide real estate solutions to help clients achieve more while spending less.

NYC CRE leaders help launch AHA's 2023 Heart of New York City campaign

Manhattan, NY Bruce Mosler, Global Brokerage chairman of Cushman & Wakefield and Joseph Simone (center), president and CEO of Simone Development Companies, one of the region’s leading healthcare and commercial real estate

Mavashev of Alpha Realty brokers $24 million off market sale

Brooklyn, NY Alpha Realty has completed the sale of 792 Sterling Pl. in Crown Heights at $24 million in an off market transaction. Managing principal Lev Mavashev, represented both parties in the transaction

Heritage Affordable Communities receives Article XI for Harlem Property

Manhattan, NY Heritage Affordable Communities has recently closed on the acquisition of a 33-unit affordable housing property located at 246 West 116th St. The property consists of 32 residential units and one

Epstein of RC Commercial Partners completes two leases at Palm Plaza shopping center

Brentwood, NY Ron Epstein of RC Commercial Partners leases two stores new Palm Plaza shopping center. Palm Plaza Grocery Corp, operating as Compare Foods, has opened an 8,000 s/f supermarket in Brentwood. This is the fourth and largest store to date for the operator

Ferrara and Leonhardt of Brax Realty sell $10.37 million development site

Queens, NY Michael Ferrara, managing principal of Brax Realty and Cole Kinney Leonhardt, investment sales associate of Brax Realty have closed 23-17 41st Ave.for $10.37 million. The property was situated on

Delisle of Island Associates completes long-term ground leases for Checkers Restaurants

Roger Delisle of Island Associates Real Estate Inc. successfully negotiated the long-term ground leases of pad sites for Checkers Restaurants at 7 Wheeler Rd., Central Islip and 1825 Brentwood Rd, Brentwood

GTL Construction hires Polsky as new CFO

White Plains, NY GTL Construction has announced the addition of Gary Polsky as their new chief financial officer. He will be responsible for the oversight of day-to-day accounting and financial operations as well as creating budgets

MRA and Angelo Gordon acquire 135,000 s/f of industrial assets $28.3 million

Ronkonkoma, NY Metropolitan Realty Associates (“MRA”), in partnership with Angelo Gordon, has acquired two industrial properties for $28.3 million. The properties -- located at 195 13th Ave.