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Flexibility is key to completing deals in today’s difficult market - by Grant Greenspan

Over the last eight months, New York City’s (NYC) vibrance has been a bit dimmer given the effects from the global COVID-19 pandemic. Many companies continue to move out of their office spaces or have made the decision to work from home well into 2021

Sparks of GFI Realty Services arranges $5.85m sale

Manhattan, NY GFI Realty Services, LLC arranged the $5.85 million sale of 1314 St. Nicholas Ave., a  vacant 6,753 s/f NNN lease property with 15,866 s/f of air rights in the Washington Heights neighborhood.

Gotham Org. closes $232.35 million in financing with Goldman Sachs

New York, NY Gotham Organization, in partnership with Goldman Sachs Urban Investment Group, has closed on a $162.35 million loan from co-lenders, Wells Fargo Bank, N.A and U.S. Bank, N.A. Goldman Sachs Urban Investment Group

Asset Preservation to offer webinar series for attorneys, CPAs and all real estate professionals - by Pamela Michaels

Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in January. The presentations are open to the public. Topics this month include Delaware Statutory Trusts (DSTs), how to buy before you sell

Piasecki, Prager and Zukerman join Lev

New York, NY According ot Lev, a technology company focused on modernizing commercial real estate transactions, Justin Piasecki, managing partner; Aaron Prager, director; and Avi Zukerman, director, have joined

Brody of Rosewood brokers $42 million sale of Washington DC multifamily portfolio

Washington DC Rosewood Realty Group’s National Division has closed on yet another deal, this time in Washington D.C.

Carillo of HKS Real Estate Advisors representing East West Development in LIC site sale

Queens, NY Peter Carillo of HKS Real Estate Advisors is representing East West Development in the sale of a Long Island City development site.

Delisle of Island Associates Real Estate Inc. brokers sale of 71,646 s/f shopping center

Silver Springs, FL Roger Delisle of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of the shopping center located at 15924 E. State Rd. 40.

Meridian Capital Group arranges $60 million in financing for a 175,000 s/f office building

New York, NY Meridian Capital Group arranged $60 million in financing to refinance a 175,000 s/f office building on behalf of Bernstein Real Estate.

Koenigsberg of American Investment Properties brokers $2.45 million sale

Hicksville, NY American Investment Properties completed the sale of 313 W Old Country Rd. The sale price was $2.45 million. Ron Koenigsberg of American Investment Properties was the broker. According to Koenigsberg, “This is the third assignment from the same seller. We exclusively