Category: Brokerage

Why the next real estate downturn might have less distressed opportunities than the 2008 and 1986 downturns. The real estate crash that occurred in 2008 marked the end of a real estate super-cycle that began 22 years prior, in the aftermath of the 1986 real estate crash.

Manhattan, NY Newmark Knight Frank (NKF) and full-service commercial real estate brokerage Lee & Associates NYC (Lee NYC) have arranged a 68,760 s/f sublease on the entire 11th and 12th floors at....

Brooklyn, NY GFI Realty Services, LLC has brokered the $7.225 million sale of 8678 Bay Pwy., a four-story walk-up, 30-unit multifamily property in the Bath Beach section. GFI senior director Shlomo Antebi represented the...

Manhattan, NY Anthony Ponte of Stonegate Real Estate represented the landlord in a 1,800 s/f retail condominium lease at 440 Washington St., TriBeCa. The tenant, Mathieu Lustrerie, was represented by Brett Weinstock of The F+B Group.

Manhattan, NY According to The Rudin Family, Swiss luxury skincare brand La Prairie has finalized a 10-year lease at 41 Madison Ave., a location in one of the Flatiron District’s most heavily-trafficked corridors.

Manhattan, NY Cresa’s Michael Okun, principal, and Daniel Taormina, vice president, have arranged a new location for Octave at 45 East 20th St., between Broadway and Park Ave. South...

Bronx, NY 100 members of the NYC real estate industry came together for Rebuilding Together NYC’s annual She Builds Day. Spearheaded by co-chairs Laura Jackson and Laurie Grasso, along with the She Builds Women...

New York, NY It was back to business as the Jewish National Fund held its second sold out real estate panel of the year at Doma Land & Sea featuring panelists Meridian Capital Group EVP of sales, Brian Flax; Rosewood Realty Group president, Aaron Jungreis....

West Babylon, NY Anvil Ironworks a manufacturer and installer of custom made metal products serving the New York metropolitan area has purchased a 13,600 s/f building at 120 Otis St. for $2.3 million.

Queens, NY Entrepreneur Properties sold 37-29 31 St. in Long Island City for $13.3 million. Currently a vacant lot, the 100 ft. x 180.65 ft. lot footprint has approved plans for a 71,000 s/f mixed-use

Brooklyn, NY Michael Alvandi’s City Urban Realty has acquired a 26-unit multifamily building in Dumbo from South Heights Development LLC, who developed the property in 2003, for $15 million.

York, PA Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an 110,000 square foot shopping center on behalf of RW Capital Partners, Inc. and Vastgood Properties, LLC. The 10-year CMBS loan features a rate of 3.89% and three years of interest-only payments. This transaction was negotiated by Meridian VP, Bryan Kallenberg, and associate, Meyer Ovadia