Category: Brokerage

Brooklyn, NY TerraCRG released today its third quarter 2022 Brooklyn market report, analyzing dollar and transaction volume by asset class across the borough. There was a large quarter over quarter drop in total dollar volume and a decreasing number of deals, from just over $3 billion and 426 deals in

Brooklyn, NY Front & York is now home to a Life Time athletic and wellness club. Spanning 77,000 s/f, the three-story club is also the largest Life Time location in all of New York City. Life Time DUMBO, which just opened inside Front & York, features six studios for fitness classes, a 6-lane lap pool, basketball court,

Manhattan, NY Romer Debbas, LLP obtained a positive decision for condominium unit owner John Louis Bonello in a lawsuit brought by intended purchaser K&S 22W66 LLC. This significant decision solidified a seller’s rights in selling their real estate to whom they wish

New York, NY Ariel Property Advisors (Ariel) has arranged the $12.15 million  sale of 725-737 Fox St., a rent stabilized multifamily property located in the Longwood section of the South Bronx market. An Ariel team led by Victor Sozio, founding partner, Jason Gold, director, investment sales, Shimon Shkury, founder and president, and Daniel Mahfar, director, investment sales, represented the seller in the transaction.

New York, NY Meridian’s Amit Doshi, Shallini Mehra, and Justin Barbos closed on their exclusive at 541-545 West 49th St., a six-story residential walk-up apartment building located in the Hell’s Kitchen neighborhood of Manhattan, between Tenth and Eleventh Aves., diagonally across from the American Red Cross building.

New York, NY Zar Property NY has signed multiple long-term leases at 42-44 Greene St., a 5-story mixed-use building between Broome St. and Grand St. in SoHo. Celebrity apparel brand Mother Denim has signed a long-term lease for 5,500 s/f on the 2nd floor for a new showroom.

New York, NY Bertone Piccini LLP acted as counsel on behalf of Paige.AI, Inc., a biotechnology firm, to obtain a 24,400 s/f office lease agreement in Eleven Times Sq. The firm also represented Paige in negotiations to expand their lease to take an entire floor of the building.

Websites, those essential, go-to marketing platforms, are taking on new looks and importance. Usually the first impression office space seekers and clients will have of properties, owners and sales teams, sites are acquiring added features that not only market and advertise but, with the click on a phone, allow prospective buyers or tenants to virtually experience offered properties or spaces.

NEW YORK, NY Avison Young has appointed Trisha Connolly as principal and chief operating officer (COO) for the firm’s U.S. Capital Markets Group. Connolly will enhance the operational and communications efficiencies for Avison Young’s Capital Markets practice in the U.S.

New York, NY David Marciano has joined Alpha Realty from Westbridge Reatly Group. Marciano joins Lev Mavashev’s team on the investment-sales side.  As a senior director, he will help grow the brokerage firm’s presence in northern Brooklyn, focusing on mid-market multifamily and mixed-use properties throughout Williamsburg and Greenpoint.

New York, NY Cushman & Wakefield has arranged the sale of Acme Hall, a 20,303 s/f, mixed-use building located at 435 9th St. in Brooklyn. The final sale price was $11 million. Cushman & Wakefield’s Dan O’Brien, Jonathan Squires, Caroline Hodes and Josh Neustadter represented the seller.

NEW YORK, NY Real estate industry veteran Sally Hebner has joined Fairstead as its chief financial officer. Hebner has three decades of experience in real estate accounting and finance and most recently served as the chief financial officer of Enterprise Community Partners, the leading national non-profit housing provider, which she joined in 2005.