Category: Brokerage

Funiciello of JF Real Estate leases 3,146 s/f to Prime Time Marketing

Funiciello of JF Real Estate leases 3,146 s/f to Prime Time Marketing

August 18, 2020
Liverpool, NY According to JF Real Estate, Prime Time Marketing (PTM) has leased 3,146 s/f at 890 Seventh North St. The property is owned by FRW Properties LLC.
Section 199A rental real estate  safe harbor rule: The rules continue to evolve - by Sandy Klein

Section 199A rental real estate safe harbor rule: The rules continue to evolve - by Sandy Klein

August 18, 2020
For the purposes of the qualified business income deduction (QBID), the Internal Revenue Code and proposed regulations issued in August did not make clear if rental real estate is a trade or business and, therefore, whether it qualifies for
With possible change on the horizon, a bright spot amid COVID: The Delaware Statutory Trust (DST) - by Michael Packman

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 project

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

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.

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

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

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

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

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

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 estate “game” on Sag Harbor tennis courts

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