Category: Brokerage

Bronx, NY According to Venture Capital Properties, 957-959 Kelly St., a walk-up multifamily building in an opportunity zone (OZ) has sold for $7.8 million. Located between 163rd St. and Westchester Ave. in the Foxhurst neighborhood, the rent-stabilized property consists of 38,237 s/f and contains 42 units, of which 12 one-bedrooms and 30 two-bedrooms. 

Brooklyn, NY According to TriState Commercial, Avi Akiva and Sholomi Bagdadi, with Tamako Okamura have collaborated to close a  6,000 s/f lease. Asking rent was reported to be $26 per s/f. Akiva and Bagdadi acted on behalf of the landlord, 354 Grand Property LLC, while Okamura represented the tenant in the

New York, NY Yariv Ben-Ari has rejoined Herrick, Feinstein LLP as a partner in the firm’s real estate department, and co-chair of the Israel practice group. Yariv rejoined the firm from Akerman LLP, where he was a partner in the firm’s real estate group.

Wallingford, CT According to Berkshire Hathaway HomeServices New England, New York and Westchester Properties, CEO and president Candace Adams has been named to the board of directors and ethics committee for the Real Estate Board of New York’s (REBNY) Residential Brokerage Division.

New York, NY According to Adelaide Polsinelli and Ronda Rogovin, both vice chairs of Compass, a technology-driven real estate platform, announce the continued expansion of the investment sales division with new hire, Michael Cardillo. As part of its continued growth and expansion, Cardillo joins George Moss, Karen Dome, Michael Caiola, Mitchell Goldstick and Trystan Polsinelli, along with Robin Abrams and her team…

New York, NY On Tuesday, February 5, 2019, CREW (Commercial Real Estate Women) New York held its first luncheon of 2019 with its event, “How Do We Get to OZ? Opportunity Zones Take Off in 2019,” with panelists who discussed the basics of the new federal Opportunity Zone Program, how the city is responding and the anticipated reaction of the commercial real estate markets.

New York, NY Ariel Property Advisors has facilitated the sale of four development sites: 4477 Third Ave., Bronx: The favorably-zoned property in the Belmont neighborhood sold for $3.9 million, equating to $100 per buildable s/f as-of-right. The 72.5’ x 100’ asset is in an Inclusionary Housing Zone that permits

Albany, NY The New York State Association of Realtors honored Dawn Carpenter of Staten Island with its 2018 Lawrence Caldwell RPAC Service Award, the highest honor presented by the Realtors Political Action Committee of NY. She received the award during the association’s Mid-Winter Business Meetings.

New York, NY The New York Real Estate Journal (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’ “Multifamily Year in Review 2018.”