TEI completes three office condo sales at 125 Maiden Ln. totaling $10.52m
Time Equities Inc. (TEI) recently sold 13,844 s/f of condominium office space at 125 Maiden Ln. to HRC Partners, LLC for nearly $6.3 million. TEI's director of office leasing and sales, Michael Rudder represented the seller and Scott Scloves and George Chatzopoulos represented the buyer.
TEI also recently sold two office condominiums to two non-profit companies at 125 Maiden Ln.; 3,837 s/f to the American Vacuum Society (AVS) for nearly $2.5 million and 3,434 s/f to the Community for Education Foundation for $1.72 million.Rudder, and David Feinberg, Esq., also of TEI, represented the seller while Nancy Weinstein of Cresa Partners represented the AVS. Rudder and Feinberg also represented TEI while Tim Bennett of Hunter Realty Organization represented the Community for Education Foundation.
125 Maiden Ln. was converted to office condominiums in 2006, and has museum-quality art exhibits in the lobby, a fitness center, a landscaped roof deck and water views.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking