Buffalo, NY According to mayor Byron Brown, who was joined by Braymiller Market owner Stuart Green, and Ciminelli Real Estate Corp. president and CEO Paul Ciminelli, Braymiller Market, a historic Hamburg market known for fresh produce, specialty foods, and seasonal plants, plans to open a new store
Syracuse, NY CBRE|Syracuse completed the following: Ed Kiesa, CCIM, partnered with Ten-X to sell Clay Commons, 8075 Oswego Rd., Liverpool, via live bid. Ten-X received multiple offers on the 60,000 s/f retail plaza and was sold for $4.2 million cash with no contingencies to investors Joseph & Rita Armideo, of Homer.
Queens, NY JLL Capital Markets has arranged a $215 million loan to refinance Tower 28, a multifamily tower in the Queensboro Plaza neighborhood of Long Island City. The group worked on behalf of Heatherwood Luxury Rentals to place the loan with Morgan Stanley.
On February 21, 2019, councilman Keith Powers proposed Intro. No. 1423. I refer to it as “The Broker’s Fee Proposal.” It’s a Local Law to amend the Administrative Code of the City of New York to limit the fee earned by a real estate licensee to one month’s rent.