Category: Brokerage

Year after year, the number of purchases and amount of money spent online continues to soar. In fact, Cyber Monday 2018 surpassed projections and was the biggest online shopping day in U.S. history, according to Adobe Analytics.  So what does this mean for apartment communities? 

A year ago, I wrote about the passing of Mr. Perry Gault four days before our Annual Holiday Party and Toy Drive. Mr. Gault served as president of Bronx Manhattan North Association Realtors (BMNAR) in 1995. He also led our Realtors Political Action Committee (RPAC) drive and was in charge of…

Manhattan, NY Kaunteya Chitnis, vice president, acquisitions & development at MCR, addressed the B’nai B’rith Real Estate monthly luncheon meeting, December 12, at the Cornell Club. His topic was “Up, Up and Away—Developer Previews New Hotel in JFK TWA Terminal.” 

East Meadow, NY Rebecca Brodsky has been named of counsel to the real estate practice group at Certilman Balin Adler & Hyman, LLP. Previously Brodsky was an associate at the firm. Brodsky represents clients in both commercial and residential transactions and has experience with the closings of single family homes, cooperative apartments and condominiums, along with commercial property and construction loans.

Brooklyn, NY Arbor Realty Trust, Inc. funded a $3 million Freddie Mac SBL deal for 352 Weirfield St., a six-unit multifamily property. The deal comes with a five-year hybrid term and a 30-year amortization schedule. Geoffrey Platt of Arbor originated the loan. 

Rego Park, NY Rubin Isak, founding partner of Goldenwood Property Advisors, has exclusively sold 63-68 Austin St., aka 9132-9148 63rd Dr. in an all-cash transaction valued at $6.55 million. The sellers are Alderton Associates, LLC and the purchasers are 63-38 Austin LLC and RW Austin LLC. Isak was the sole broker in the transaction.