Front Section

New York Multifamily Group at Marcus & Millichap brokers $14 million sale of 21,258 s/f

Manhattan, NY According to Marcus & Millichap, they have completed the sale of 21-23 Catherine St. The property traded for $14 million. The sale price equates to $659 per s/f with a 6.46% cap rate. The asset totals 21,258 s/f and is located in the

Beckford House introduces elegant condominiums on NYC'S Upper East Side to debut this year

New York's unique Upper East Side is lined with prominent, upscale residential buildings that make the opulent area so becoming and desirable. Now about to be unveiled, the stunning and sophisticated

Delisle of Island Associates is sole broker for $1.15 million sale

Islip, NY Roger Delisle of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of  417 Main St. The sale price was $1.15 million.

Hakimi Capital Group buys 71,000 s/f for $1.4 million; Warren of Warren Real Estate is broker

Binghamton, NY Hakimi Capital Group (HCG) has acquired the Colonial Plaza Office Buildings located at 30 & 32 W. State St. and 457 & 477 State St. The four buildings total 71,000 s/f.

Innovo Property Group and Square Mile Capital
close $305 million construction loan

Bronx, NY Innovo Property Group (IPG) and Square Mile Capital Management LLC have obtained construction financing totaling $305 million for their development of a one million s/f two-story class A logistics and distribution facility at

Today’s uncertain world is forcing businesses to adapt and reposition to ensure survival - by Rob Holdsworth

The uncertainty of today’s world is forcing businesses to adapt and reposition themselves so that they can make it through these challenging times. History has shown us that

Ginsburg Development Cos. acquires 74-unit Stratus on Hudson
in Yonkers for $39.5 million

Yonkers, NY Further adding to its presence in the city’s Greystone neighborhood, Ginsburg Development Cos. (GDC) has closed on the acquisition of Stratus on Hudson, a 74-unit rental building

Company of the Month: National Standard Abstract navigates through COVID-19 pandemic

New York, NY No one could have foreseen the economic downturn in the first quarter of 2020 as the novel coronavirus (COVID-19) made landfall in the U.S. this past January. With millions of lives at stake, gubernatorial executive orders were

JLL completes four sales in Manhattan: $37.275 million total

Manhattan, NY JLL Capital Markets have completed the following transactions: The $13.85 million sale of 1364 and 1368 York Ave., a pair of mixed-use buildings in the Lennox Hill neighborhood on the

NYSERDA names winners of Future Grid Challenge

New York, NY The New York State Energy Research and Development Authority (NYSERDA) unveiled awards to five teams under the first two rounds of the Future Grid Challenge aimed at developing solutions to integrate clean and renewable energy into the