Category: Brokerage

Manhattan, NY EPIC Commercial Realty negotiated two sales totaling $10.1 million: An off-market mixed-use building containing lofts and retail spaces for $7.3 million. Ido Tzaidi and Tal Sharon were sole agents on the…

Queens, NY According to Tishman Speyer president and CEO Rob Speyer, the company has finalized lease agreements with Macy’s, Inc. and NewYork-Presbyterian at The JACX, its 1.2 million s/f office development under construction in Long Island City. 

Brooklyn, NY CUR Funding LLC, the lending arm of City Urban Realty, through an affiliate entity, has funded a $6 million bridge loan secured by a portfolio of mixed-use buildings in the Fort Greene and Clinton Hill neighborhoods.

Bronx, NY Klosed Properties has acquired 2320 Hughes Ave., a 7,250 s/f corner mixed-use building in the Belmont neighborhood for $1.875 million.

Manhattan, NY According to JAM Real Estate Partners, the firm has closed on the sale of 345 East 33rd St. The building, located between First and Second Avenues of the Murray Hill Neighborhood, sold for $11.2 million. 

Manhattan, NY According to Benchmark Real Estate Group, it paid Renaissance Properties $21 million for a six-story mixed-use building in the West Village. Aaron Jungreis of Rosewood Realty Group brokered the transaction…

Fulton, NY BellCornerstone has completed the sale of 607 Phillips St., containing 123,042 s/f, for $4 million.

Bronx, NY Klosed Properties has entered a 1031 exchange for $3.15 million. They have sold 2809 3rd Ave., a 7,250 s/f mixed-use building, consisting of retail (leased to Popeye's) and six apartments, in the Mott Haven neighborhood. The firm is looking to acquire well-located value-add mixed-use, multifamily and retail in Manhattan, Brooklyn, the Bronx, and Queens with a minimum five units. The firm has until February 28th, 2019 to identify one or more properties. 

New York, NY According to media sources, Amazon has decided to not move forward with its plans to build a headquarters in Long Island City. Full Amazon Statement: "After much thought and deliberation, we've decided not to move forward with our plans to…"

Niagara Falls, NY According to TM Montante Development, construction has started on its $5 million mixed-use development project – 616 Niagara – at the corner of 7th and Niagara Sts.

Talk of Opportunity Zones (OZs) is omnipresent throughout the commercial real estate community, especially in Upstate New York. The federal program, which was officially launched in 2017, encourages economic development in…

Perinton, NY Empire Commercial Construction, a retail-specific division of regional general contractor Taylor-The Builders, recently completed construction of Pediatric Urgent Care of Rochester.