Category: Brokerage
With possible change on the horizon, a bright spot amid COVID: The Delaware Statutory Trust (DST) - ...
August 18, 2020
It certainly has been a wild year so far and continues to be in about every way possible. As I glanced out the window during a Zoom conference I was hosting this week, a couple of the trees on my property looked like they might end up
Meridian Capital Group arranges $225 million financing for Cape Advisors' multifamily development pr...
August 18, 2020
Queens, NY Meridian Capital Group arranged $225 million in construction financing for a ground-up multifamily development project on behalf of Craig Wood and David Kronman of Cape Advisors Inc.
Complex deals during COVID - by Chris Graham
August 18, 2020
The impact of COVID-19 has brought increased market volatility to the real estate sector as investors seek to divine the short-term impact of restricted openings and potential long-term impact of increased online shopping and working
Silverstein Props. and Cushman & Wakefield collaborate in lease 13,751 s/f to NCF at 120 Wall St.
August 18, 2020
Manhattan, NY According to Silverstein Properties, Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751 s/f lease at 120 Wall St. Currently located at 475 10th Ave.,
Gorjian Acquisitions sells Brooklyn retail condominium
August 18, 2020
Brooklyn, NY Joel Gorjian, a national real estate investor and President and CEO of Gorjian Acquisitions, has completed the sale of the 489 Atlantic Ave. retail condominium as part of a disposition of the firm’s portfolio of
Merchants Capital hires George as EVP, national head of production
August 18, 2020
New York, NY Mortgage banking company Merchants Capital has hired Dwayne George as executive vice president, national head of production.
Bestreich Realty Group is sole broker in $2.325 million multifamily sale
August 14, 2020
Brooklyn, NY Bestreich Realty Group (BRG) handled the closing of 26 Park Pl. in the Park Slope neighborhood. The property sold for $2.325 million. This 3,000 s/f multifamily has three apartments which were all delivered vacant and priced at $775 per s/f.
The new era of retail in NYC: Lessons learned from COVID-19 - by David Asfour and Christina Magrans
August 7, 2020
When the COVID-19 pandemic first hit the United States, the retail industry came to a screeching halt. In New York City specifically, the epicenter of it all, neighborhoods, especially those with a strong concentration of retail, were left
Commercial vs. residential real estate in the pandemic by Kris Lindahl
August 7, 2020
COVID-19 has affected every industry on earth, and real estate is certainly no exception. But what I’ve found most interesting is the gap between its effects on the commercial vs. residential markets. On the residential side, many markets have remained remarkably strong and resilient.
Shorenstein of Hildreth RE Advisors and industry executives meet weekly to maintain their real estat...
August 6, 2020
Sag Harbor, NY This summer a group of New York real estate executives meet at Mashashimuet Park early every Wednesday morning–and challenge each other on the tennis courts. Not only does the group practice
Paving New York State’s path to economic recovery - by Ross Pepe
August 6, 2020
“New York, like states all across the country, confronts the immediate effects of a paralyzing national recession, the longer-term challenge of improving our competitive position in the global economy, and the specter of a dangerous, ugly divisiveness among our people.”
Schoen Group of Savitt Partners handles 61,000 s/f lease for Mother New York at Brooklyn’s Roulsto...
August 6, 2020
Brooklyn, NY According to the Schoen Group of Savitt Partners (Savitt), Mother New York (Mother), an independent creative company with offices in London, Shanghai, Los Angeles and South America, has signed a 61,000 s/f, 15-year lease at the Roulston House in the
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