Category: Brokerage

The implications of COVID-19 on the US office real estate market - by Zain Jaffer

The implications of COVID-19 on the US office real estate market - by Zain Jaffer

July 8, 2020
Of the myriad voices speaking to our current situation — those sharing facts, spreading fear, or expressing gratitude — Warren Buffet was one to cut through the chatter. He commented on the
The Doe Fund secures financing from Key Bank and DHS to acquire 510 Gates Ave. in Brooklyn; Urban Architectural Initiatives to design new construction at the site

The Doe Fund secures financing from Key Bank and DHS to acquire 510 Gates Ave. in Brooklyn; Urban Ar...

July 8, 2020
Brooklyn, NY According to The Doe Fund, it has acquired 510 Gates Ave. in the Bedford-Stuyvesant neighborhood. The site is adjacent to 520 Gates Ave., TDF’s first homeless transitional residence originally developed
Empire Commercial Construction nears completion of 10,324 s/f build-out in Fairport

Empire Commercial Construction nears completion of 10,324 s/f build-out in Fairport

July 7, 2020
Fairport, NY Empire Commercial Construction, a retail-specific company of regional general contractor Taylor-The Builders, is completing construction of the new Challenge Athletics location at the redeveloped century-old factory building
Product of the Month: Lawrence ENV, a leader in environmental testing, consulting, and risk mgmt., designs customized oversight, management COVID-19 plans

Product of the Month: Lawrence ENV, a leader in environmental testing, consulting, and risk mgmt., d...

July 7, 2020
Manhattan, NY Lawrence ENV, LLC provides environmental testing (mold, asbestos, lead, water, IAQ etc.) consulting, risk management services to commercial, residential and industrial real estate clients throughout
Cannata-LaRocca of Sutton Real Estate Co. is sole broker in sale of 23.23 acre property

Cannata-LaRocca of Sutton Real Estate Co. is sole broker in sale of 23.23 acre property

July 7, 2020
Clay, NY According to Sutton Real Estate Company, LLC it has closed on the sale of 8701 Henry Clay Blvd. The sale price was $220,000.
Stewart and Biedron of Marcus & Millichap broker $6 million sale

Stewart and Biedron of Marcus & Millichap broker $6 million sale

July 7, 2020
Manhattan, NY Marcus & Millichap completed the sale of 34 East 39th St., a mixed office and retail site, according to John Krueger, regional manager of the Manhattan office. The sale price was
Whalen of Keller Williams and Funiciello of JF Real Estate collaborate for $550,000 sale

Whalen of Keller Williams and Funiciello of JF Real Estate collaborate for $550,000 sale

July 7, 2020
Syracuse, NY ARPA LLC purchased the downtown building located downtown at 430 East Genesee St. for $550,000.
Question of the Month: How can building owners and managers find opportunity in today’s “new” energy market? - by Dailey Tipton

Question of the Month: How can building owners and managers find opportunity in today’s “new” ...

July 7, 2020
History has shown us that the energy industry responds greatly to fluctuations in the financial markets. With the stock market in distress and international relations on high alert, the price of energy recently hit rock bottom.
Cushman & Wakefield|Pyramid Brokerage completes 30,545 s/f in leases and eight sales totaling over $3.5 million

Cushman & Wakefield|Pyramid Brokerage completes 30,545 s/f in leases and eight sales totaling over $...

July 7, 2020
Syracuse, NY Cushman Wakefield|Pyramid Brokerage Co. has completed the following transactions: Blue Water Hldgs LLC purchased a 3,360 s/f warehouse/office
Project REAP issues call to action to the C-suites of leading CRE firms and Fortune 500 Companies

Project REAP issues call to action to the C-suites of leading CRE firms and Fortune 500 Companies

July 7, 2020
New York, NY Project REAP (Real Estate Associate Program), one of the nation’s largest diversity initiatives for commercial real estate (CRE) for over 20 years, has issued a Call to Action addressed to the C-suites of leading commercial real estate firms and Fortune 500 companies.
IRS issues long-awaited Coronavirus relief for Qualified Opportunity Funds - by Jennifer Porter, Clem Turner and Bozena Diaz

IRS issues long-awaited Coronavirus relief for Qualified Opportunity Funds - by Jennifer Porter, Cle...

July 7, 2020
On June 4th, 2020, the Internal Revenue Service (IRS) released the highly anticipated coronavirus relief for Qualified Opportunity Funds (QOFs) and their investors. The relief is
Westbridge Realty Group completes 15 sales totaling over 10 million

Westbridge Realty Group completes 15 sales totaling over 10 million

July 7, 2020
Bronx, NY Westbridge Realty Group closed 15 transactions in the borough, totaling over $10 million. The deals include: $1.4 million sale of 2412 Webster Ave., a multifamily building in the Fordham neighborhood