Sioni of Sioni Partners brokers $3.625 million sale of six-story elevator building in Bronx

Moses Sioni of Sioni Partners brokered the sale of a building located at 1275 Edward L. Grant Hwy. for $3.625 million or $60,000 per unit. The property is a six-story elevator building with 61 residential units and 4,000 s/f of usable retail space and is located within walking distance to the 167th St. station (4 subway line). Sioni exclusively represented the seller, Anlovi Corp., the buyer was a Brooklyn investor.

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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Project REAP honored by ICSC for leadership and impact in Commercial Real Estate

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Meehan of Greystone provides $30 million in Freddie Mac funding for Sloane Chelsea

Columns and Thought Leadership

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

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

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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,