Category: Brokerage

Stacom and Spector of CBRE sell 183 Madison Avenue <br>for $222.5 million; Buyer was APF Properties

Stacom and Spector of CBRE sell 183 Madison Avenue
for $222.5 million; Buyer was APF Properties

September 18, 2018
Manhattan, NY CBRE completed the sale of 183 Madison Ave., a 19-story office building located in the Midtown South neighborhood. CBRE’s Darcy Stacom and Ryan Spector represented the sellers, Tishman Speyer and Cogswell Lee Development, in the transaction. APF Properties purchased the property for $222.5 million.
Cignature Realty Associates brokers two Manhattan sales totaling $13.425 million

Cignature Realty Associates brokers two Manhattan sales totaling $13.425 million

September 18, 2018
Manhattan, NY Cignature Realty Associates, a commercial real estate brokerage company, completed $13.425 million:
Chen of Fultonex reps ownership in $1.855 million sale of 1,456 s/f office condo

Chen of Fultonex reps ownership in $1.855 million sale of 1,456 s/f office condo

September 18, 2018
Queens, NY Co-developers F&T Group and SCG America has completed the $1.855 million sale of a commercial condominium purchased by Quontic Bank within office condominium building, Tangram Tower.
Barone Management acquires Dyker Heights complex for $37.5 million

Barone Management acquires Dyker Heights complex for $37.5 million

September 18, 2018
Brooklyn, NY According to Scott Barone, founder and president of Barone Management, a NY-based development, construction and investment company, the firm closed on its $37.5 million purchase of the former Angel Guardian Home in Dyker Heights from the Sisters of Mercy. The proposed development site is the largest to become available in the neighborhood in over 40 years and will yield much-needed housing for seniors and families as well as schools and other community facilities. Tim Sheehan of CBRE represented seller.