Category: Brokerage

General contractors are now liable for the wages to its subcontractors' employees - by Lisa Casa

General contractors are now liable for the wages to its subcontractors' employees - by Lisa Casa

January 25, 2022
Under the recently enacted Construction Industry Wage Theft Act, Contractors are now jointly and severally liable for the wages owed to their subcontractors’ employees on any construction contract
2022 multifamily strategy: Buy in New York, sell in the south - by Lev Mavashev

2022 multifamily strategy: Buy in New York, sell in the south - by Lev Mavashev

January 25, 2022
New York’s multifamily investment sales sector is emerging, battered and bruised, from what has been its most tumultuous bear market in recent history - and investors are gearing up to flip
Ferrara of Brax Realty is sole broker for $15 million Manhattan sale

Ferrara of Brax Realty is sole broker for $15 million Manhattan sale

January 25, 2022
Manhattan, NY According to Michael Ferrara, managing principal of Brax Realty, they have completed the sale of a 12,648 s/f mixed-use building in Greenwich Village.
Lipton and Levine of Invictus Property Advisors handle UWS portfolio sale: $8.05 million

Lipton and Levine of Invictus Property Advisors handle UWS portfolio sale: $8.05 million

January 25, 2022
Manhattan, NY Invictus Property Advisors closed the sale of a portfolio of properties located on the Upper West Side. The sale price was
Bestreich Realty Group brokers six transactions totaling $24.9 million

Bestreich Realty Group brokers six transactions totaling $24.9 million

January 25, 2022
New York, NY Bestreich Realty Group (BRG) closed the following transactions: 54 West 10th St. in Greenwich Village sold for $6 million. This property is
Top 2021 legal developments affecting New York’s commercial real estate industry - by Thomas Kearns

Top 2021 legal developments affecting New York’s commercial real estate industry - by Thomas Kearn...

January 25, 2022
My year end article last year started with: “2020 will be remembered for COVID-19 and more COVID-19.” 2021 has most definitely not been a return to normal and the
BFC Partners closes $151 million Bay St. project in Staten Island

BFC Partners closes $151 million Bay St. project in Staten Island

January 25, 2022
Staten Island, NY BFC Partners, the Brooklyn-based mixed-use and mixed-income developer with projects in all boroughs and Buffalo, closed their
Are there any self-storage portfolios left to buy? - by Nick Malagisi

Are there any self-storage portfolios left to buy? - by Nick Malagisi

January 25, 2022
That’s an interesting question to ask now that the “icon” of independently owned self-storage portfolios “Manhattan Mini Storage,” has just been purchased by a joint venture (JV) involving the
Marcus & Millichap exclusively sell 5,000 s/f site at 163 Bleecker for $4.5m

Marcus & Millichap exclusively sell 5,000 s/f site at 163 Bleecker for $4.5m

January 25, 2022
Manhattan, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the
DeSousa joins Nelson + Pope as project manager

DeSousa joins Nelson + Pope as project manager

January 25, 2022
New York, NY Nelson + Pope welcomed Isabel DeSousa as a project manager to their Architectural Department. DeSousa brings strengths to the table in coding, permitting, zoning analysis,
Markel of Cresa arranges 5,835 s/f lease for Meltzer, Lippe, Goldstein & Breitstone, LLP

Markel of Cresa arranges 5,835 s/f lease for Meltzer, Lippe, Goldstein & Breitstone, LLP

January 25, 2022
Manhattan, NY Cresa Global Inc. vice president Nicholas Markel has arranged a lease for Meltzer, Lippe, Goldstein & Breitstone, LLP at 70 East 55th St.
Kaye and Listhaus of Rockledge purchase 90,060 s/f for $13.225m with Hungerford of PH Realty Capital

Kaye and Listhaus of Rockledge purchase 90,060 s/f for $13.225m with Hungerford of PH Realty Capital...

January 25, 2022
Manhattan, NY In partnership with Peter Hungerford of PH Realty Capital, David Kaye and Joe Listhaus of Rockledge purchased three contiguous buildings in