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Stakey of Certilman Balin named public interest attorney of the year

East Meadow, NY Touro College Jacob Fuchsberg Law Center honored Darren Stakey, an associate at Certilman Balin, with the Public Interest Attorney of the Year Award.

Gamil and Mingazov bring team to RE/MAX Edge

Brooklyn, NY Daniel Gamil and Ruslan Mingazov recently joined RE/MAX Edge. The duo were previously associated with Keller Williams Realty.

SIGNA Group and RFR Holding JV to acquire Chrysler Building from Abu Dhabi Inv. Council and Tishman Speyer

Manhattan, NY SIGNA Group, one of Europe’s leading privately-owned investment companies, and real estate developer RFR Holding have agreed to acquire the Chrysler Building. SIGNA and RFR entered into a joint venture to acquire the asset…

Bestreich Realty Group handles three sales in Brooklyn totaling $9.05 million

Brooklyn, NY Bestreich Realty Group (BRG) completed three sales totaling $9.05 million. Includes 298 7th Ave., a mixed-used property in the Park Slope neighborhood sold for $3.4 million by Bestreich, Sproviero, Lobel, Waring, and Kates…

CBRE|Syracuse completes two sales, leases 61,077 s/f

Syracuse, NY CBRE|Syracuse completed the following: Ed Kiesa, CCIM, partnered with Ten-X to sell Clay Commons, 8075 Oswego Rd., Liverpool, via live bid. Ten-X received multiple offers on the 60,000 s/f retail plaza and was sold for $4.2 million cash with no contingencies to investors Joseph & Rita Armideo, of Homer.

JLL Capital Markets arranges $215 million loan to refinance Tower 28

Queens, NY JLL Capital Markets has arranged a $215 million loan to refinance Tower 28, a multifamily tower in the Queensboro Plaza neighborhood of Long Island City. The group worked on behalf of Heatherwood Luxury Rentals to place the loan with Morgan Stanley.

Metropolitan Realty Associates and Gordon & Co.,
secure $23m from Amherst Capital for redevelopment

Nanuet, NY Metropolitan Realty Associates LLC (MRA) and equity partner Angelo Gordon & Co. LP have secured a $23 million acquisition and construction loan for the repositioning of a former Macy’s department store located at the Shops at Nanuet, a Simon Property Group-operated outdoor shopping center in Hudson Valley. 

Message from the CEO of Bronx-Manhattan North Association of Realtors: The Broker’s Fee Proposal - by Eliezer Rodriguez

On February 21, 2019, councilman Keith Powers proposed Intro. No. 1423. I refer to it as “The Broker’s Fee Proposal.” It’s a Local Law to amend the Administrative Code of the City of New York to limit the fee earned by a real estate licensee to one month’s rent.

Akiva, Salem & Slate of Tri State Commercial Realty collaborate for 1,640 s/f at 839 Broadway

Brooklyn, NY According to Tri State Commercial Realty, Zack’s Dance Loft has signed a 10-year lease at 839 Broadway for 1,640 s/f. Asking rent for this property was $70 per s/f.

Igluu and Insurent JV launch rental platform

New York, NY According to Igluu and Insurent, the firms have formed an exclusive partnership. Igluu, one of the largest NYC rental platforms...