Category: Brokerage

Brooklyn, NY According to Kassin Sabbagh Realty, LLC, (KSR) UOVO, a provider of art, fashion and collections storage and services, has closed on the off-market sale of 105 Evergreen Ave. Totaling 150,000 s/f, the building is on a 77,000 s/f parcel in the Bushwick neighborhood.  Steven Pollan and Daniel Myers of KSR brokered the $47 million sale. 

Brooklyn, NY Bond Veterinary leased a 1,805 s/f retail space at 217 Court St.  The urgent care animal hospital realized there was a need for better service for pet owners and their animals. Staffed with some of the best veterinarians in the country and veterinary care providers; Bond Veterinary focuses on providing the best care for pets and their owners. They aim to create a team environment that's welcoming and positive for clients and staff alike. The company began operation in 2018 and this will be Bond Veterinary's flagship location. The startup company is modernizing veterinary practices by updating clients with medical notes about treatments and producers through their app. They've also automated the process of scheduling appointments and accessing medical records online.

White Plains, NY According to Rick Rakow, founder of Rakow Commercial Realty Group (Rakow Group), David Richman, long time senior broker at the firm, has acquired the company and is the new CEO.  Richman will run the day-to-day operations of the firm, with Rakow stepping into his new role as chairman, working side-by-side with Richman to further grow the firm while continuing to serve its clients. Rakow Group is a full-service commercial real estate firm that serves the office, medical, retail, investment, and industrial markets in Westchester and Fairfield counties with over 30 years experience. In addition to its several thousand transactions, they have represented such organizations as IBM, White Plains Hospital, Bleakley Platt & Schmidt, Citrin Cooperman, Feeding Westchester, illy cafe’ North America and PURE Insurance.

New York, NY According to Greysteel, a national commercial real estate investment services firm, the firm launched a New York City expansion and opened a Manhattan office with the addition of Miguel Jauregui.  He will specialize in arranging sales of private client, middle market, and institutionally owned multifamily, and mixed-use properties and portfolios throughout New York City and boroughs with a specific focus on the Bronx and Upper Manhattan. In addition to his day-to-day responsibilities of deal execution, Jauregui, along other office co-leads and president & CEO, Ari Firoozabadi, will carve the strategic vision of the team’s continued expansion and growth of the territory.  

Rochester, NY Mitigating risk is at an all-time high in all genres of business. NY State Industrial Coatings (NICI) understands this and has the ability to ease client’s concerns by mitigating these risks by providing innovative solutions other companies in the industry cannot. The team at NICI takes great pride in embracing the projects that no one else can accomplish. Tight deadlines, complex coating systems, installation under adverse conditions with high degree of risk, are just a few of the challenges that NICI overcomes on a daily basis. This is where NICI has found it’s niche. 

Buffalo, NY Construction on a $31 million affordable and supportive housing development on the city’s East Side has begun. Jefferson Ave. Apartments will include 89 affordable apartments in two buildings with 16 units set aside for individuals with intellectual or developmental disabilities.

Albany, NY Redburn Development Partners will invest $78 million to transform seven properties in the downtown area. The transformative project involves the renovation and rehabilitation of seven outdated and neglected properties, representing more than 450,000 s/f.

Dewitt, NY Governor Andrew Cuomo celebrated the groundbreaking of Byrne Dairy’s Ultra Dairy plant $24 million expansion—the first phase of the company’s $125 million plan to expand and create nearly 250 jobs in Onondaga County. The initial phase will create 30 new jobs and includes a 42,000 s/f expansion that will allow the plant to increase its packaging capability as well as add additional processing capacity and storage space.

Binghamton, NY Construction on the $20.5 million Canal Plaza, an affordable housing development that will deliver 48 apartments and new commercial space to North Side has commenced. The new construction project will transform and revitalize land that is currently a Brownfield…

Buffalo, NY According to governor Andrew  Cuomo, the Massachusetts Avenue Project (MAP) has unveiled its new Farmhouse & Community Food Training Center. Located at 387 Massachusetts Ave., this new $2.4 million facility will be a hub for community residents to access food and agriculture-based education and resources, create new markets for local growers, increase healthy food access for thousands of residents and provide jobs and leadership training for future community youth leaders.