Category: Brokerage
Investment Sales: New York City real estate is still alive - by Michael Weiser
September 3, 2019
NYC commercial real estate investment is still alive! The new NYS rent regulation laws affect approximately one-million stabilized units. However, there are still approximately two million free market apartments many in wholly free-market or largely free-market buildings. In addition, let’s not forget mixed use, office,
Madison Realty Capital provides $83 million loan for Midtown hotel
September 3, 2019
Manhattan, NY Madison Realty Capital (MRC) provided an $83 million loan to recapitalize a 230-room hotel at 25 West 51st St. in Midtown, located across from Rockefeller Center.
EisnerAmper signs 15-year lease at The Durst Org.’s 733 Third Ave. – 124,327 s/f
September 3, 2019
Manhattan, NY According to The Durst Org., EisnerAmper signed a 15-year lease for 124,327 s/f on the 6th through 9th and partial 10th floors of 733 Third Ave. Also included in the deal is
Katz & Associates secure 1,250 s/f for Warby Parker
September 3, 2019
East Hampton, NY According to Katz & Associates, Warby Parker has opened their first area location at 50 Newtown Ln. Brian Katz, CEO of Katz & Assoc. secured the site on behalf of the tenant. The lease is for 1,250 s/f.
Bestreich, Reynolds, Davila, and Reynolds of Bestreich Realty Group handle $1.95 million sale of Bro...
September 3, 2019
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 854 Hancock St., in the Bedford Stuyvesant neighborhood. The four-unit multifamily property sold for $1.95 million. The property features two four-bedroom/two-bathroom units,
Platt of Arbor Realty Trust originates $2.5 million cash-out refinancing
September 3, 2019
Brooklyn, NY Arbor Realty Trust, Inc. funded a Freddie Mac Small Business Loan (SBL). The 18A Bleecker St. received $2.5 million in cash-out refinancing through the program. Geoffrey Platt of Arbor’s New York City office originated the loan.
CREW New York holds event Aug. 7th at Golf Club at Chelsea Piers
September 3, 2019
Manhattan, NY On Wednesday August 7th, CREW New York’s (CREW-NY) Young Professionals gathered for a golf lesson and practice with golf pro Marjorie Jones at the Golf Club at Chelsea Piers.
Niblock and Haque of Friedman-Roth Realty collaborate in $14.3m sale
September 3, 2019
Brooklyn, NY Friedman-Roth Realty Services closed the sale of two apartment buildings, 1900 Newkirk Ave. and 1815 Beverley Rd. Both are elevator buildings, have 50 ft. of frontage, and have a combined total of
Cammeby’s continues leasing at 161,000 s/f 626 Sheepshead Bay Rd.
September 3, 2019
New York, NY According to Cammeby’s, they have closed several transactions at 626 Sheepshead Bay Rd. The seven-story, 161,000 s/f, commercial and retail building is part of the Neptune/Sixth development
Our firm is thriving by staying ahead of the curve - by Joseph Aquino
September 3, 2019
The final quarter of this year, and at least the first quarter of 2020, might be rough for the real estate leasing business. Any leasing broker can make deals when the going is good. What sets some brokers ahead of the pack is their ability to execute strong lease transactions in challenging times.
Message from the CEO of Bronx-Manhattan North Association of Realtors: New rent laws - by Eliezer Ro...
September 3, 2019
The New Rent Laws—Revision or Revenge? In July 2019, I wrote an article for the New York State Real Estate Journal entitled: “New Rent Laws — What Happens Now?” The article summarized a few of the changes that would affect property owners as a result of governor Cuomo’s signing into law the Housing Stabi
Shkury of Ariel Property Advisors shares “Multifamily Mid-Year In Review NYC” report
September 3, 2019
New York, NY NYREJ recently sat down with Shimon Shkury, founder and president of Ariel Property Advisors, a New York City investment real estate services and advisory company, who shared some of the highlights from Ariel Property Advisors
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