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Cresa arranges 10-year lease renewal for S. Rothschild at 1407 Broadway

Manhattan, NY Cresa managing principal Peter Sabesan and senior vice president Matthew Feigen have arranged a 10-year lease renewal for S. Rothschild at 1407 Broadway. The firm, which has manufactured men’s, women’s, and children’s luxury coats and outerwear for more than 135 years,

Resolution RE finishes 2024 with three back-to-back commercial condo sales

Manhattan, NY The commercial condo/co-op sales division of Resolution Real Estate, a member of NAI Global, said goodbye to 2024 with fourth quarter closings of a retail condominium at 5 East 16th St., and two office condominium sales at 32 West

ARD Capital Group closes $6.7 million refinance for 24-units

Brooklyn, NY ARD Capital Group, the capital advisory and brokerage firm headed by Simon Dilmanian, closed a $6.7 million refinance for a 24-unit multifamily property in Bushwick on behalf of clients Daniel Yaghoubi and Dr. Jeremy Nikfarjam.

Platinum Properties names new chief executive officer

Manhattan, NY Platinum Properties named co-founder and chief operating officer Dezireh Eyn has been named the company’s new chief executive officer. Co-founder Khashy Eyn, who has served as the firm’s chief executive officer since 2005,

Manhattan Skyline Management welcomes Empire Cake to 450 Sixth Ave.

Manhattan, NY According to Manhattan Skyline Management Corp., bakery Empire Cake has opened its second location at 450 Sixth Ave. between West 10th and West 11th Sts. in the West Village.

Marcus & Millichap arranges sale of 373-unit self-storage

New Windsor, NY Marcus & Millichap negotiated the sale of Lock Around the Clock, a 373-unit self-storage property. “It’s great to have sold another stabilized asset to an out-of-state buyer for top dollar in New York’s Mid-Hudson

Lim joins Rosenberg & Estis, P.C. as member of transactions department

Manhattan, NY Lisa Lim has joined Rosenberg & Estis, P.C., as a member within the transactions department. Lim will contribute her experience in real estate finance and development, affordable housing, and economic development as part of the firm’s

OPEN Impact assists Kwenda Collegiate Girls Charter School

Brooklyn, NY OPEN Impact Real Estate (OPEN) shared that Kwenda Collegiate Girls Charter School has signed a 10-year lease for 44,114 s/f of turnkey school space at 2520 Church Ave. in Flatbush. The new space, previously occupied by St. Gregory The Great

Braverman Greenspun promotes Peterson and Pakett

Manhattan, NY Braverman Greenspun P.C. has promoted Tracy Peterson to principal and Drew Pakett to partner. “I’m still thankful for the day that Tracy joined us more than 17 years ago,” said Robert Braverman, managing partner

How to use Delaware statutory trusts and 1031 exchanges for diversification - by Dwight Kay

For those readers who are not familiar with DSTs: They are a legal real estate ownership structure that allows multiple investors to each hold an undivided beneficial interest in the trust. The term “beneficial interest” means that investors hold a percentage of the