News: Brokerage

Senack Real Estate handles six Brooklyn sales totaling $12.87 million

Senack Real Estate has completed the following six sales totaling $12.87 million: * 654 St. Marks Ave.: The six-story elevatored apartment building is comprised of 30 units and was sold for $3.5 million. * 271 Sullivan Place: The four-story walk-up apartment building is comprised of 23 units and was sold for $2.1 million. * 1454 & 1456 Greene Ave.: The two four-story walk-up apartment buildings are comprised of 12 units and were sold for $1.45 million. * 2156 Cortelyou Rd.: The four-story walk-up apartment building is comprised of 12 units and was sold for $1.395 million. * 1791 New York Ave.: The four-story apartment building is comprised of 15 units and was sold for $1.625 million. * 651 E. 2nd St. and 1221 60th St.: These two four-story walk-up apartment buildings consist of 16 units each and were sold for $2.8 million.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

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A fresh start - by Shallini Mehra and Amit Doshi

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