Spotlights

What, me worry about a sprinkler law that becomes effective January 1st, 2018?

Yes, there is no time like the present to worry about the law New York City enacted in 2004 designated as Local law 26/04. The law was a dir...

KDA completes $16.425 million sale of 135,000 s/f complex

Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the sale of a 135,000 s/f mixed-use complex at 118 North 11th St. in the Williamsburg sect...

Goldflam and Ferrara of Highcap broker $22.25 million sale; Brady of Town Real Estate reps seller

Josh Goldflam, managing principal of Highcap Group along with associate Michael Ferrara, brokered the sale of 133 Mulberry St. located in th...

Executive of the Month: Guarino, managing partner of ERG Property Advisors: Words of wisdom - "Know your market"; recent accomplishment: defaulted loan sale of the Korea Village Mall, Flushing

Richard Guarino is the co-founder and managing director of ERG Property Advisors, a company he founded with his older brother Jim Guarino, J...

Pollack of Meridian arranges $28 million for 60,000 s/f Flushing office building; Placed on behalf of Pi Capital Group at 136-21 Roosevelt Avenue

Meridian Capital Group, LLC negotiated $28 million in financing for a recently modernized office building in the Flushing section on behalf ...

Antebi and Shragaei of GFI handle $1.05 million sale

GFI Realty Services Inc. has completed the sale of 1700 Mahan Ave., a.k.a. 3101 Roberts Ave., a listing in the Pelham Bay section, for $1.05...

Shkury, Hirschfield, Tortorici and Sozio of Ariel Property closes on 135-unit Bronx note portfolio

Ariel Property Advisors has closed on a package of notes consisting of three South Bronx multifamily buildings featuring 134 residential uni...

DelShah sells commercial space at 31-32 Union Street to Queens Borough Public Library for $3.5 million

According Marc Watkins, executive vice president of DelShah Capital, LLC, the Queens Borough Public Library has bought the seven street-leve...

Engineering challenges for building diagnostic outpatient facilities

As the healthcare industry evaluates the ultimate impact of the Obama Health Care Plan, medical entrepreneurs see opportunities to build and...

Knakal and Palmese of Massey Knakal broker $7.1 million sale; for five-story, elevatored multifamily property

A multifamily building at 50 Orange St. was sold in an all-cash transaction valued at $7.1 million. The property has been owned by The Watch...