LichtensteinRE sells Congers Colonial Plaza Shopping Center for $4 million

Congers, NY LichtensteinRE.com, as seller’s exclusive broker, has sold Congers Colonial Plaza Shopping Center located at 285 North Rte. 303 in Rockland County. The sales price was $4 million. Andrew Lichtenstein, principal broker

Happy New You - by Rod Santomassimo

I have not witnessed a season with as much anticipation for a New Year since December 1999. We couldn’t believe we would live during a time period when the calendar’s odometer was about to turn over to 2000! We were all certain the millennium was

New York City development tools: FRESH Program - part 3 - by Michael Smith and Patrick O'Sullivan

Part 3 of this four-part series appeared in the January 2^nd edition. While the pandemic has significantly disrupted the retail space market in New York City, grocery stores have remained resilient, which makes them an increasingly attractive tenant. 

Heritage Affordable Communities acquires Bronx property for $10.8m

Bronx, NY Alex Hajibay’s Heritage Affordable Communities acquired a 70-unit property for $10.8 million. The property located at 1971 Webster Ave. was constructed in 2003. MacQuesten Development was the seller.

Marks, Lebor and Finnerty of TerraCRG exclusively sells retail building in Brooklyn for $3.15 million

Brooklyn, NY TerraCRG closed on the sale of a retail building at 5501Glenwood Rd. in the East Flatbush neighborhood for $3.15 million. Dan Marks, Daniel Lebor and Rob Finnerty exclusively represented the seller. 

Cresa arranges 6,000 s/f lease for Ballon Stoll

Manhattan, NY Peter Sabesan, managing principal, and Nicholas Markel, vice president of Cresa have arranged new offices for Ballon Stoll Bader & Nadler, P.C. (Ballon Stoll) at 810 Seventh Ave. The lease term for the 6,000 s/f space is 11 years

New REBNY report: New York’s real estate market sees 46% decline in investment and residential sales in 2020 as a result of the Pandemic

New York, NY The Real Estate Board of New York (REBNY) reported that year-to-date investment and residential sales totaled $47.1 billion, representing

Why 2021 Will Be a Boon for Rural Land Investors? - by Jason Walter

2020 was a trying year for everybody. Businesses, investors, and just ordinary citizens looked for certainties in a year in which everything seemed to unwind and

Quinlan Development Group, LLC and Building and Land Technology complete three leases at the Pioneer Building in Brooklyn

Brooklyn, NY For Quinlan Development Group, LLC and Building and Land Technology, the penultimate month of 2020 closed with long-term leases for three tenants at the

Meridian’s Team Doshi sells distressed mixed-use building in Harlem for $6.15 million

Manhattan, NY Meridian’s Amit Doshi, Seth Levine, and Shallini Mehra sold 545 West 125^th St., a mixed-use building featuring 72 ft. of frontage located in West Harlem. The property traded for