Category: Brokerage

BGA wins award for historic window project at RXR’s Starrett Lehigh Bldg. wins award

BGA wins award for historic window project at RXR’s Starrett Lehigh Bldg. wins award

September 17, 2019
Manhattan, NY The Lucy G. Moses Preservation Awards gala was held at the Plaza Hotel. Known as “the Oscars of Preservation,” this event attracted 670 attendees, occupying two rooms and filling The
Jungreis and Guttman of Rosewood close sale of 62,548 s/f Bronx property; The Morgan Group sells 60 East. 196th St. for $8.15 million

Jungreis and Guttman of Rosewood close sale of 62,548 s/f Bronx property; The Morgan Group sells 60 ...

September 17, 2019
Bronx, NY Rosewood Realty Group has closed the $8.15 million sale of a five-story walk-up apartment building in the Fordham neighborhood. The 62,548 s/f building at 60 East 196th St.features 46 apartments and a superintendent’s unit in the
Social responsibility limited liability companies (LLCs) - by Thomas Kearns

Social responsibility limited liability companies (LLCs) - by Thomas Kearns

September 17, 2019
The U.S. Business Roundtable recently stated that U.S. publicly-traded corporations shouldn’t be solely focused on generating profits for shareholders but must also create good jobs and a sustainable economy and protect the environment. The statement attempts to
Question of the Month: Did you know about the new legislation requiring buildings to cut greenhouse gas emissions? - by Paul Gurdak

Question of the Month: Did you know about the new legislation requiring buildings to cut greenhouse ...

September 17, 2019
The Climate Mobilization Act – a package of bills representing an action plan for cutting greenhouse gas emissions across the five boroughs – states that buildings larger than 25,000 s/f must reduce their emissions by 40% by 2030 and by 80% by 2050.
Cohen and Bernstein of Besen Partners facilitate $1.035 million sale

Cohen and Bernstein of Besen Partners facilitate $1.035 million sale

September 17, 2019
Brooklyn, NY Besen Partners has completed the sale of 3137 Fulton St., a two-story, 3,368 s/f mixed-use building with two apartments and a store. The subject is located in the Cypress Hills neighborhood. Besen Partners exclusively
Savills arranges sale for Lafayette Avenue, LLC

Savills arranges sale for Lafayette Avenue, LLC

September 17, 2019
Bronx, NY Savills Capital Markets represented Lafayette Avenue, LLC in the sale of the land underlying the Banknote Building.
Davis of Largo secures two loans totaling $5.3 million

Davis of Largo secures two loans totaling $5.3 million

September 17, 2019
Johnson City, NY Aaron Davis, account executive of the Largo Group of Cos., arranged $5.3 million to refinance the existing debt on two multifamily properties owned by two separate clients.
Bestreich, Davila, Reynolds and Reynolds of BRG close $2.2 million development site sale between Pagnani and Kaufman

Bestreich, Davila, Reynolds and Reynolds of BRG close $2.2 million development site sale between Pag...

September 17, 2019
Queens, NY Bestreich Realty Group, (BRG) closed the sale of 314 Woodward Ave., located in the Ridgewood neighborhood. This development site was sold for $2.2 million. 
Hudson Valley Property Group buys 311 units for $48.3 million; CBRE Affordable Housing and CBRE’s NY Institutional Group handle sale

Hudson Valley Property Group buys 311 units for $48.3 million; CBRE Affordable Housing and CBRE’s ...

September 17, 2019
Yonkers, NY CBRE Affordable Housing and CBRE’s New York Institutional Group have completed the sale of the 311-unit, affordable housing community known as Parkledge. The property sold to Hudson Valley Property Group
studioBIG designs space for Upper East Chemists

studioBIG designs space for Upper East Chemists

September 17, 2019
Manhattan, NY Upper East Chemists, a family-owned drug store and neighborhood purveyor of natural health products, has opened at 1401 3rd Ave.
SOCOTEC Group acquires ArchEng, holding company of five legal entities including Vidaris

SOCOTEC Group acquires ArchEng, holding company of five legal entities including Vidaris

September 17, 2019
New York, NY According to SOCOTEC Group, a major player in risk management and asset performance optimization, that on July 22, 2019 it had acquired ArchEng, the holding company of five legal entities: Vidaris, Inc.;
ABS Altman Warwick negotiates $8.5 million loan for Wharton Properties

ABS Altman Warwick negotiates $8.5 million loan for Wharton Properties

September 17, 2019
New Rochelle, NY According to ABS Altman Warwick, a capital market advisory firm and division of ABS Partners Real Estate, they have the closed an $8.5 million loan on behalf of Wharton Properties for its