Category: Brokerage
Pourciau of KWNYC leases 16,000 s/f
December 13, 2022
New York, NY Bennett Pourciau of Keller Williams New York City (KWNYC) closed an off-market lease for the immersive entertainment musical production of The Great Gatsby.
Marketing trends in a period of uncertainty - by Kimberly Zar
December 13, 2022
America is holding on tight for a year of unpredictable change. Market uncertainty, global events and political shifts could influence the commercial real estate industry dramatically. During this time, it’s important to maintain a marketing strategy that helps your business not only stay afloat but also thrive in 2023.
Elmo Realty celebrates 30-year anniversary
December 13, 2022
Bronx, NY According to Moujan Vahdat, CEO of Elmo Realty Co., one of the largest landowners in the state, the company is celebrating their 30-year anniversary of their corporate mandate for alleviating the homeless crisis in the city.
Ferrara and Leonhardt of Brax Realty sell $10.37m dev. site
December 13, 2022
Long Island City, NY Michael Ferrara, managing principal of Brax Realty and Cole Kinney Leonhardt, investment sales associate of Brax Realty negotiated the closing of 23-17 41st Ave. for $10.37 million.
Slate Property and PCCP acquire 123 East 54th St. for $37.7 million
December 13, 2022
Manhattan, NY Slate Property Group and PCCP, LLC acquired 123 East 54th St., a mixed-use property located in Midtown East between Park and Lexington Aves., for $37.7 million.
Polsky joins GTL as CFO
December 13, 2022
White Plains, NY Gary Polsky has joined GTL Construction as their new chief financial officer (CFO). He will be responsible for the oversight of day-to-day accounting and financial operations as well as creating budgets and forecasts and other special projects.
Joseph Kelleher, 70, of Hutch Management passed away
December 13, 2022
Katonah, NY Joseph Kelleher passed away at the age of 70 at home surrounded by his wife and two children on Friday, November 25, 2022. The cause of death was Glioblastoma, an aggressive brain cancer. He was diagnosed in May 2022.
Cosentino and Norris of TerraCRG sell 7,600 s/f mixed-use - $4.4m
December 13, 2022
Brooklyn, NY TerraCRG has closed on the $4.4 million sale of 5102 5th Ave. in Sunset Park. TerraCRG partner Matt Cosentino and senior associate Rémi Norris exclusively represented the seller on the deal.
Gilco Realty negotiates several Bronx leases
December 13, 2022
Bronx, NY After only joining Gilco Realty less than one month prior, Juan Velez has leased out two stores. The first was 3012 Bailey Ave. to a beauty salon.
MRA and Angelo Gordon purchase 135,000 s/f industrial for $28.3m
December 13, 2022
Ronkonkoma, NY Metropolitan Realty Associates (MRA) in partnership with Angelo Gordon, have acquired two industrial properties for $28.3 million. The properties–located at 195 13th Ave. and 2175 5th Ave.–are both single-tenant, single-story industrial assets and have a combined square footage of 135,000 s/f.
Perfetto of Cohen & Perfetto LLP honored
December 13, 2022
Manhattan, NY Since 2013, Louis Perfetto, the managing partner at Cohen & Perfetto LLP, has been selected by his peers for inclusion in the 29th edition of The Best Lawyers in America list.
CBRE brokers $12.1m sale of 10 townhomes at 1-10 The Pointe
December 13, 2022
Rye Brook, NY CBRE has completed the $12.1 million sale of The Pointe, a multifamily property. Comprised of 10 luxury townhomes, The Pointe was acquired by a private investor from Bowman Avenue Property, LLC.
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