Category: Brokerage

The Agency receives $11.2 million in funding for 27-acre 600 Main St. site

The Agency receives $11.2 million in funding for 27-acre 600 Main St. site

April 16, 2024
Union, NY The Agency will receive $11.2 million in funding from New York state to build-out and prepare the site at 600 Main St. The 27-acre site, which was once home to BAE Systems, was completely flooded in 2011. While the site looks “shovel ready,” a significant amount of investment is required to return it to
United Group promotes DiGiacomo to chief operating officer

United Group promotes DiGiacomo to chief operating officer

April 16, 2024
Troy, NY Michael DiGiacomo of The United Group Companies, Inc. has been promoted to chief operating officer of United Group’s management company, United Plus Property Management, AMO (UPPM). In this role, DiGiacomo will take on increased responsibility in all phases of operations as well as play the crucial role of leading
CBRE Upstate NY brokers three deals totaling $1.665 million

CBRE Upstate NY brokers three deals totaling $1.665 million

April 16, 2024
Syracuse, NY CBRE Upstate NY negotiated the closing of three sales that were listed by its brokerage team. In Broome County, CBRE Upstate NY’s Rick Searles represented the seller, Luciano Piccirilli, in the disposition of 86 Walnut St., a 9,800 s/f office building
SmallChange.co  expands with addition of five partners

SmallChange.co expands with addition of five partners

April 16, 2024
Buffalo, NY SmallChange.co has expanded with the addition of five partners. All have experience in regulation crowdfunding: The five include Julian Anjorin, an entrepreneur with a background in cybersecurity; Derek King, who specializes in historic preservation; Richard Rogers,
April 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

April 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

April 16, 2024
We are looking forward to the upcoming annual conference being held June 24-26, 2024 at Rivers Casino in Schenectady! The event is sponsored by the NYS Commercial Association of Realtors, the Upstate NY CCIM Chapter and the Society of Exchange Counselors. Mercedes Brien (Rochester) is the conference chair and reported that this year’s event will feature
NYSCAR upcoming professional development courses

NYSCAR upcoming professional development courses

April 16, 2024
Albany, NY Please be sure to keep up to date with your continuing education credit for your real estate license. NYS C.E. requirements for license renewal. Any real estate licensee submitting an application for renewal for a license expiring on or after September 21, 2022 must
National Assn. of Realtors Legislative meetings May 4-9

National Assn. of Realtors Legislative meetings May 4-9

April 16, 2024
Washington, DC At the Realtors Legislative Meetings, thousands of members assemble  to conduct the business of NAR — advocacy work that makes us the most respected voice in real estate, protecting property ownership and advancing commercial and residential markets.
L+M Development Partners and Osborne Association close on $126 million deal for Marcus Garvey extension phase two

L+M Development Partners and Osborne Association close on $126 million deal for Marcus Garvey extens...

April 16, 2024
Brooklyn, NY L+M Development Partners and Osborne Association closed on a $126 million deal to develop Marcus Garvey extension phase two buildings C/E in Brownsville. The project will feature 178 affordable apartments, 88 of which will be supportive
SCALE Lending issues $140 million construction loan to Clipper Equity

SCALE Lending issues $140 million construction loan to Clipper Equity

April 16, 2024
Brooklyn, NY SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project located at 2366 Bedford Ave. in Flatbush.
Six new leases signed at The Stahl Organization’s 277 Park Ave. office building

Six new leases signed at The Stahl Organization’s 277 Park Ave. office building

April 16, 2024
Manhattan, NY Cushman & Wakefield and The Stahl Organization arranged six new leases totaling 175,000 s/f at 277 Park Ave., a 1.85 million s/f class A office building in Midtown.
Is New York City still a viable investment option? - by Shallini Mehra

Is New York City still a viable investment option? - by Shallini Mehra

April 16, 2024
With lingering high rates, rent collection difficulties in stabilized buildings, escalating operating costs, and a strict regulatory environment, certain segments of the real estate market are facing tough hurdles. The
Benenson Capital Partners promotes Butts, Ciaravino and Katzman

Benenson Capital Partners promotes Butts, Ciaravino and Katzman

April 16, 2024
Manhattan, NY Benenson Capital Partners has elevated three professionals within its investment and asset management teams as the firm reorganizes its leadership team.