Category: Brokerage

Kimco Realty sells 629,575 s/f Latham Farms to The Davis Cos.; Newmark Knight Frank orchestrates sale

Kimco Realty sells 629,575 s/f Latham Farms to The Davis Cos.; Newmark Knight Frank orchestrates sal...

July 2, 2019
Latham, NY Newmark Knight Frank (NKF) completed the sale of Latham Farms to The Davis Cos. On behalf of Kimco Realty Corp., vice chairman Geoffrey Millerd, senior managing director Justin Smith and director Paul Penman of
Construction begins on $72 million Nevins St. Apartments development

Construction begins on $72 million Nevins St. Apartments development

July 2, 2019
Brooklyn, NY According to governor Cuomo, construction has started on Nevins St. Apartments, a $72 million mixed-use affordable and supportive housing development downtown. The development complex includes
Vacker of Meringoff Props. wins “Most Innovative Tech. Deal of the Year” for JVP Lease at 462 Broadway

Vacker of Meringoff Props. wins “Most Innovative Tech. Deal of the Year” for JVP Lease at 462 Br...

July 2, 2019
Manhattan, NY According to Himmel + Meringoff, Jason Vacker, president and CEO of its management company (Meringoff Properties), was honored at the American Friends of Rabin Medical Center Real Estate
Construction Law: An attorney discusses capital improvements - by C. Jaye Berger

Construction Law: An attorney discusses capital improvements - by C. Jaye Berger

July 2, 2019
This is the time of year for capital improvement projects, such as facade, cornice and roof repairs. They can occur at any time, but it is also a time period in the cycle of Local Law 11 work when lots of renovation work is being done on façades and
8th annual Real Estate Rockers in Relief concert raises over $150,000 for NECHAMA – Jewish Response to Disaster

8th annual Real Estate Rockers in Relief concert raises over $150,000 for NECHAMA – Jewish Respons...

July 2, 2019
New York, NY Real estate professionals rocked out for charity at the 8th annual Real Estate Rockers in Relief concert, which drew over 750 guests to the city’s Irving Plaza.
Ariel Property Advisors hosts networking breakfast June 13th with BMNAR: “Bronx State of Mind”

Ariel Property Advisors hosts networking breakfast June 13th with BMNAR: “Bronx State of Mind”

July 2, 2019
Manhattan, NY Nearly 100 real estate professionals joined Ariel Property Advisors at its first-ever “Bronx State of Mind” event in Midtown on June 13th. The networking
$3 million Welcome Center at Walkway Over the Hudson State Historic Park opens in Poughkeepsie

$3 million Welcome Center at Walkway Over the Hudson State Historic Park opens in Poughkeepsie

July 2, 2019
Poughkeepsie, NY Governor Andrew Cuomo celebrated the opening of the $3 million Dutchess Welcome Center at the eastern approach to Walkway Over the Hudson State Historic Park. The multipurpose facility creates
Team Lala of RM Friedland brokers $30.5 million portfolio sale

Team Lala of RM Friedland brokers $30.5 million portfolio sale

July 2, 2019
Manhattan, NY According to RM Friedland, Team Lala, led by senior vice president Marco Lala, has negotiated the sale of a nine building portfolio for $30.5 million. With 107 units totaling 91,395 s/f, the deal encompasses two clusters of
The Wizard of OZ  (that’s “Opportunity Zones”): Interim gains & reinvestment - by Dan Flanigan

The Wizard of OZ (that’s “Opportunity Zones”): Interim gains & reinvestment - by Dan Flanigan...

July 2, 2019
OZ proponents claimed a victory when Treasury, in the recent “second round” of proposed regulations, accommodated, in a limited way, the ability of an OZ Fund2 to sell an asset and reinvest the proceeds before the expiration of the 10-year hold period without
Ariel Property Advisors/Keen-Summit hired for bankruptcy sale of One Bennett Park

Ariel Property Advisors/Keen-Summit hired for bankruptcy sale of One Bennett Park

July 2, 2019
New York, NY It has been over a decade in the making, but after much litigation and controversy, the highly-anticipated resolution of One Bennett Park in Northern Manhattan’s Hudson Heights has finally arrived. Otherwise known as 29 Overlook Terrace...
Northwell Health dedicates hospital pavilion to Blumenfeld family to honor their lifetime of giving to Cohen Children’s Medical Center

Northwell Health dedicates hospital pavilion to Blumenfeld family to honor their lifetime of giving ...

July 2, 2019
New Hyde Park, NY Northwell Health recognized the Blumenfeld family in honor of their lifetime giving to Cohen Children’s Medical Center. The new Blumenfeld Family Pavilion was unveiled at a
Capital Property Partners handle $10 million sale of vacant East Village building for Better Living/Whitestone

Capital Property Partners handle $10 million sale of vacant East Village building for Better Living/...

July 2, 2019
Manhattan, NY Landlord and property management company Better Living, has acquired a vacant building in the East Village, once home to biker gang, Hells Angels. Daniel Rahmani, Michael Saidian, and Rubens Jourdan of