Category: Brokerage

1031 exchanges and The American Families Act - by Mike Packman

1031 exchanges and The American Families Act - by Mike Packman

June 22, 2021
Last month, the Biden Administration rolled out the $1.8 trillion American Families Plan which included a proposal to limit the value of 1031 Exchange-like-kind capital gains tax deferrals to
SCG Retail releases report on NYC population, income growth rates

SCG Retail releases report on NYC population, income growth rates

June 22, 2021
Manhattan, NY SCG Retail, a division of TSCG, has released a report on New York City population and income growth rates, based on
Cresa arranges lease renewal for LSTA at 366 Madison – 6,851 s/f

Cresa arranges lease renewal for LSTA at 366 Madison – 6,851 s/f

June 22, 2021
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have negotiated a 10-year renewal lease at 366 Madison Ave. for the
Bestreich Realty Group closes three sales totaling $8.925 million

Bestreich Realty Group closes three sales totaling $8.925 million

June 22, 2021
Brooklyn, NY Bestreich Realty Group (BRG) closed three sales totaling $8.925 million: 231 Baltic St. sold for $3.75 million. This four-apartment multifamily is
Blanton of Largo Capital secures $6.5 million for grocery-anchored property

Blanton of Largo Capital secures $6.5 million for grocery-anchored property

June 22, 2021
Orlando, FL Benjamin Blanton, vice president of originations at Largo Capital, arranged $6.5 million in non-recourse financing for a grocery-anchored retail property.
TF Cornerstone goes live on NYC Housing Connect for 5203 Center Blvd. lottery

TF Cornerstone goes live on NYC Housing Connect for 5203 Center Blvd. lottery

June 22, 2021
Queens, NY TF Cornerstone (TFC), in collaboration with NYC Department of Housing Preservation and Development (HPD) and NYC Housing Development Corp. (HDC), has
Stark Office Suites expands into Tarrytown

Stark Office Suites expands into Tarrytown

June 22, 2021
Tarrytown, NY Stark Office Suites introduces a new location with expansive waterfront views at 303 South Broadway, near the
Jack Resnick & Sons secures 8,100 s/f lease; Burke and Roth of JW Burke Realty LLC act for tenant

Jack Resnick & Sons secures 8,100 s/f lease; Burke and Roth of JW Burke Realty LLC act for tenant

June 22, 2021
Manhattan, NY According to Jack Resnick & Sons, Wolkonsky Bakery & Café will establish its first U.S. location at 8 West 40th St., a
Fried Frank acts as pro bono counsel to The Legal Aid Society in 200,000 s/f lease at 40 Worth St.

Fried Frank acts as pro bono counsel to The Legal Aid Society in 200,000 s/f lease at 40 Worth St.

June 22, 2021
Manhattan, NY Fried Frank acted as pro bono counsel to The Legal Aid Society, as tenant, in connection with its 30-year, 200,000 s/f lease, which is
Fuchs and Zamir of GFI broker sale of 6,378 s/f mixed-use bldg.

Fuchs and Zamir of GFI broker sale of 6,378 s/f mixed-use bldg.

June 22, 2021
Brooklyn, NY GFI Realty Services, LLC handled the $3.55 million sale of 563-565 Nostrand Ave., two adjacent three-story mixed-use buildings consisting of
Ariel Property Advisors arranges sale of Kips Bay property for $3.5m

Ariel Property Advisors arranges sale of Kips Bay property for $3.5m

June 22, 2021
Manhattan, NY Ariel Property Advisors has arranged the $3.5 million sale of 597-601 Second Ave., a three unit mixed-use building on 33rd St. in
McAlpine Contracting to build out 7,170 s/f flagship for Timothy Oulton

McAlpine Contracting to build out 7,170 s/f flagship for Timothy Oulton

June 22, 2021
Manhattan, NY Timothy Oulton, the British furniture brand known for its subversive take on luxury, has signed a lease for a 7,170 s/f retail space at