Category: Brokerage
Metro Realty Services negotiates two sales totaling $8.9 million
November 28, 2023
Westbury, NY Mark Timpone of Metro Realty Services sold 25,537 s/f at 120 New York Ave. to Richard Lin for $7 million. Timpone represented the seller, Timothy Beaumont, and Dan Gazzola of Newmark represented the buyer.
Koenig of Kislak Company sells 29-unit
multifamily property for $3.4 million
November 28, 2023
Spring Valley, NY The Kislak Company, Inc. negotiated the off-market sale of a 29-unit multifamily property at 15 West Funston Ave. for $3.4 million.
Bayport Funding provides $6.3 million bridge loan
November 28, 2023
Brooklyn, NY Bayport Funding has provided a $6.3 million bridge loan for a 16-unit multifamily building in Bedford-Stuyvesant. Located on Franklin Ave., the property will comprise 11,500 s/f and offer studios and two-bedroom units.
Paul and Sam Adler of Rand Commercial receive Hudson Valley Chapter of NYSCAR Economic Development D...
November 28, 2023
New City, NY Rand Commercial, congratulates Paul Adler, Esq., SIOR and Samuel Adler for receiving the Hudson Valley Chapter of the New York State Commercial Association of Realtors Economic Development Dealmakers (HV West) award for 2023.
New York construction activity - by James Ricca
November 28, 2023
With interest rates for commercial loans at levels not seen since the 1990s, origination activity has trickled to a standstill for most commercial real estate and commercial and industrial loans, as credit and underwriting standards have tightened and borrowers are trying to wait it out until interest
Durst and Newmark lease 26,292 s/f to ECP at One World Trade Center
November 28, 2023
Manhattan, NY According to The Durst Organization and The Port Authority of New York and New Jersey, ECP, a leading energy transition-focused investor, is expanding its footprint at One World Trade Center to 26,292 s/f,
Roth of Manhattan Skyline Management and Klotsman of Douglas Elliman lease 925 s/f of retail space t...
November 28, 2023
Manhattan, NY According to Manhattan Skyline Management Corp., men’s luxury reseller, 4GSeller, has signed a lease for a new location at 107 Sullivan St. between Prince and Spring Sts. in SoHo.
Cozen O’Connor releases annual real estate survey
November 28, 2023
Manhattan, NY New York City real estate professionals’ confidence in the city’s short-term future dropped by a quarter since last year, while pessimism tripled, according to a survey conducted by the law firm of
Qwincy launches private deal-sharing technology - Collaborative Dealflow Management
November 28, 2023
Manhattan, NY Qwincy, Inc. unveiled a new technology platform that redefines how private deals are shared and managed in commercial real estate. The new approach is called Collaborative Dealflow Management (CDM).
Savills appoints Lipson as CEO of North America
November 28, 2023
Manhattan, NY Savills has appointed David Lipson as CEO of Savills North America. Lipson, who has served as the global advisory firm’s North American president since 2021, will succeed Mitchell Rudin
The Brodsky Organization, The Sorgente Group and the Gural family form new partnership
November 28, 2023
Manhattan, NY The Brodsky Organization, The Sorgente Group, and the Gural family’s GFP Real Estate, have created a new joint venture for The Flatiron Building at 175 5th Ave. The Brodsky Organization
Contract vendee title insurance - by Thomas Kearns and Hyman Kindler
November 28, 2023
When negotiating a real estate contract of sale, buyers and sellers often disagree on how to allocate the risk of a recorded title exception first being discovered after the contract is executed. While uncommon, such discoveries are often
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