News:
Brokerage
Posted: June 7, 2016
Sutton Real Estate brokers four transactions totaling $2.855 million
Andréa Bucci, Sutton Real Estate Company, LLC
Barton Feinberg, Sutton Real Estate Co.
Joe Lewis, Sutton Real Estate Company, LLC
Baldwinsville, NY Sutton Real Estate Company completed the following transactions:
• A multi-tenant commercial building was sold by Andrea Bucci of Sutton. Bucci represented the seller of 33 Oswego St. and A&F Real Estate represented Albright Enterprises, Inc. in the $440,000 sale.
• The sale of a 43-bed student housing property in Cortland was brokered by Bucci for $1.525 million. Campus Life Now, LLC was the seller and the buyer was Cortland Campus View, LLC.
• St. Andrews Church in North Syracuse recently sold for $350,000 to the St. Mary & St. Mina Coptic Church for their new home. Bart Feinberg of Sutton represented the seller and Tim Macknik of Bridgeway Real Estate represented the buyer of the 24,000 s/f religious facilities.
• The Historic Caldwell and Ward Brass factory recently sold to JGH Properties, LLC. They will be converting the former 32,000 s/f factory into market rate apartments. JGH Properties was represented by Feinberg and the seller, Cabinet Fabrication Group, LLC, was represented by Joe Lewis of Sutton.
Former Caldwell and Ward Brass factory
Tags:
Brokerage
MORE FROM Brokerage
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
.jpg)
Columns and Thought Leadership
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.
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
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,
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
.gif)