Front Section

Cushman & Wakefield welcomes Murtha to its Brooklyn leasing team as a director

Brooklyn, NY Rico Murtha has joined Cushman & Wakefield as a director. He will work with senior directors  Patrick Dugan and  ...

Property of the Month: The Corbin Group at Besen & Associates with MYC & Assoc. set June 6th bankruptcy auction for two Brooklyn elevator buildings totaling 60,000 s/f: 62 apartments, and 21 parking spaces

Brooklyn, NY The Corbin Group at Besen & Associates and MYC & Associates are marketing a rare opportunity to purchase two newly...

Someck and Myers of Lee & Associates NYC broker 11,000 s/f for Ceros at 40 West 25th St.; Kotcher and Plesser of Brickman Associates act for landlord

Manhattan, NY Dennis Someck, principal and executive managing director, and Justin Myers, managing director and principal of Lee & Assoc...

The art of negotiating: Compromise is key to success - by Heidi Burkhart

Heidi Burkhart is the president of Dane Real Estate, New York, N.Y. ...

Ariel Property Advisors closes $1.465 million; Dzbanek leads team in $1.3 million loan

Bronx, NY According to Ariel Property Advisors facilitated the sale of 3188-3192 Villa Ave., a residentially zoned development site in the B...

The Upper Manhattan market is on the upswing - by Justin Fitzsimmons

Justin Fitzsimmons is a research analyst at GFI Realty Services, New York, N.Y. ...

Zar Property acquires163,000 s/f at 250 West 54th St. from Ascot Properties for $83.1 million; Davidson, Lapidus and Porter of Newmark Grubb Knight Frank are brokers

Manhattan, NY Zar Property NY has closed on its $83.1 million acquisition of 250 West 54th St. building. The 13 story office and retail buil...

Mordekhai of Forest Park Properties facilitates two sales totaling $4.075 million; Includes $2.475 million package of 10 two-family homes purchased by Gotham Beach 84 LLC

Rockaway Beach, NY Raymond Mordekhai of Forest Park Properties Inc. has completed the following sales: • 15-333 Beach 84th St.: Mord...

Houlihan-Parnes Realtors places $17.5 million first mortgage for two-building property totaling 200,000 s/f and 695 parking spaces

Yorktown Heights, NY According to James Houlihan of Houlihan-Parnes Realtors, the firm placed a $17.5 million first mortgage on the property...

Strategies for retailers and real estate professionals in today’s market - by Bernie Kennedy

How it works In its most basic form, a “spinoff” plan would include three steps:  (1) The parent corporation forms a ...