Category: Brokerage

New York, NY The Fordham Real Estate Institute (REI) held the fourth event in its Visionary Series CCL: The Future Role of CRE, a five-year campaign tied to the 250th anniversary of the U.S. in 2026.

Rye Brook, NY Prospects for an economic recovery spurred by the availability of COVID-19 vaccinations, is giving the Westchester County commercial real estate market some

Sayreville, NJ AMS Acquisitions LLC, a New York City-based investment firm, has sold a two-building seniors housing community to a

Yonkers, NY The Board of Directors of the Yonkers Industrial Development Agency (IDA) has voted preliminary approval of financial incentives for three new development projects – Horizon at Ridge Hill, Hudson Hill and a CubeSmart storage facility. The three projects, which received preliminary approval at the IDA’s March 25 meeting, represent a total private investment of $144.3 million and are expected to create over 200 construction jobs.

New York, NY With the completion of the 99-year ground lease of the 86,000 s/f at the Haymarket Building, 135 West 29th St., to the Kaufman Organization, this marks Skyline Properties third office building transaction

New York, NY The New York Real Estate Journal (NYREJ) recently sat down for a question-and-answer session with Matthew Harding, CCIM, CEO of Levin Management Corp. (LMC). The commercial real estate services firm leases and manages properties primarily in the New York/New Jersey regional market.

Over 70% of all energy consumed in major cities is attributed to buildings. To combat this high consumption, city governments have implemented energy reduction plans and regulations that require building owners and operators to reduce energy consumption and greenhouse gas emissions across the board.

New York, NY JLL Capital Markets has completed the $32.325 million of 1303-1309 Third Ave., a premier corner development site on the Upper East Side. JLL worked on behalf of the seller Gastonia, LLC to complete the sale to the buyer EJS Group.

Brooklyn, NY Abe Cohen’s Conway Capital has closed on a $7.9 million purchase of two mixed-use buildings in Park Slope located across the street from each other. The purchase was an all-cash buy between Conway and his partner, The Mactaggart Family.

Brooklyn, NY TerraCRG has closed on the sale of a three-unit gut renovated property at 1041 Jefferson Ave. in Bushwick. TerraCRG partner Matt Cosentino exclusively represented the seller, Chaim Halberstam, in the off-market transaction.

Melville, NY Island Harvest Food Bank, Long Island’s leading hunger-relief organization, completed the purchase of a 43,000 s/f building at 126 Spagnoli Rd., according to Randi Shubin Dresner, president & CEO. The facility

Arguably the greatest need at present for the hospitality industry in New York City is for patient capital. The traditional capital stack is not geared for a very long horizon. The 3 to 5-year yield driven model is now obsolete.