News: Brokerage

Silver & Harting join NAI Mertz Corporation

The real estate brokerage business of Lance Silver and Stuart Harting, Silver and Harting has been merged into NAI Mertz. The partners have been together as brokers and developers in the real estate arena in the tri-state area for 40 years, and with this move they are adding another dimension and capability to the NAI Mertz office. Some of their well known projects include The Piers at Penns Landing, Society Hill Hotel, Sugar Refinery Apartments, The Belgravia, 1010 Race (Quality Inn), Greentree Run, The Greenhouse and Katmandu Restaurants. Prior to their joining Mertz, the team represented the sellers of the former Clarion Suites, I-295 and Route 70 Associates, LP in the sale of the seven acre property at 1450 Route 70 East, Cherry Hill, Camden County, NJ. The property was sold to an affiliate of Spring-Hills, an assisted living company based in Edison, NJ. The new owners plan to renovate the facility and open in the late months of this year.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent