Category: Brokerage
Jambu, Varjan, Steffani and Braun of Lee & Associates NYC broker $18.65 million sale
December 3, 2019
Manhattan, NY Vickram Jambu and Chris Varjan, both senior managing director of investment sales, along with directors George Steffani and Jonathan Braun, of Lee & Associates NYC, (LeeNYC) have arranged the sale
Reich Brothers closes on $10.325 million sale and leaseback
December 3, 2019
Buffalo, NY Reich Brothers has acquired a 205,000 s/f distribution center via a sale leaseback deal. Reich Brothers acquired 500 Bailey Ave. from Robinson Home Products for
Message from the CEO of Bronx-Manhattan North Association of Realtors: A Vet’s silence - by Elieze...
December 3, 2019
It’s wonderful when an event comes together and the end result fills your heart joy. My son, Miguel, has helped me heal many of my life’s scars. Several years after my son started attending P.S. 108, he asked me to attend a Veteran’s Day event at
The Wizard of OZ (that’s “Opportunity Zones”): Kowalski on What’s Next From Treasury, Part ...
November 19, 2019
New York City, Connect Opportunity Zone Conference, Harvard Club, October 22nd: As December 31st (a mini-“D-Day”) approaches for the OZ program, (very “mini” in the opinion of many) and the U.S. Treasury Department works on
Schwarz and Ficelman of Lee & Associates NYC handle 5,600 s/f lease at 2 Bank St.
November 19, 2019
New York, NY Brad Schwarz, executive managing director/principal, and James Ficelman, associate, of Lee & Associates NYC have negotiated a ground-floor and lower-level, 5,600 s/f lease at 2 Bank St., between West 4th St. and Greenwich Ave., for
Fuchs and Berg of GFI handle $5.75m sale of two mixed-use assets
November 19, 2019
Bronx, NY GFI Realty Services completed the $5.75 million sale of 1384 and 1390 Boston Rd., two mixed-use multifamily and retail buildings located in the Morrisania section of the borough. GFI associates Zachary Fuchs and Sasha Berg represented
A lawyer discusses interior design contracts: Addressing all major issues that can arise - by C. Jay...
November 19, 2019
Interior designers these days are working on increasingly large, complex projects with very large budgets. They may work directly for buildings or for individual co-op and condominium apartment clients. They may also be retained by
Tighe, Fiddle, Deutsch, Harle, Pollen and Joseph of CBRE lease 109,296 s/f to Adobe
November 19, 2019
Manhattan, NY Multinational computer software company Adobe Inc. has inked a 109,296 s/f lease at 1540 Broadway, a 44-story, class A office building. Adobe has renewed its 27,323 s/f lease on the entire
Business interest expense – The practical impact of Section 163(j) of the 2017 Tax Act - by Sandy...
November 19, 2019
Much has been written and discussed about the Tax Cuts and Jobs Act signed by the President on December 22nd, 2017 which made significant changes to deductions for business interest paid or accrued post December
TerraCRG closes two Brooklyn sales totaling $68.3m
November 19, 2019
Brooklyn, NY TerraCRG has brokered two sales totaling $68.3 million. In the first deal, TerraCRG sold two assemblages at 232-250 Third Ave.
Threats and opportunities for multifamily owners in a post rent-reform world - by Victor Sozio and D...
November 19, 2019
The passage of the Housing Stability and Tenant Protection Act of 2019 (HSTPA) was one of the most consequential developments to ever emerge in the NYC multifamily property market. While the new laws undoubtedly present a
Parker, Gillen and van Buitenen of Hodges Ward Elliott complete $67.25 million sale of The Chocolate...
November 19, 2019
Brooklyn, NY The New York office for Hodges Ward Elliott (HWE) arranged the $67.25 million sale of The Chocolate Factory Lofts, a 125-unit multifamily building and converted factory located at 275 Park Ave.
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