News: Owners Developers & Managers

The Kafati-Batarse Grp. at Prudential Douglas named exclusive agent

According to Matri Holdings and Prudential Douglas Elliman, Park Slope's newest condominium, 500 Fourth Ave., is open for sales. When completed in late fall of this year, the 12-story building will offer residents a variety of white glove services and finishes at attainable prices. 500 Fourth Ave. will feature 156 studio, one, two and three-bedroom residences ranging in size from 539 to 1,456 s/f. The building will also feature an approximate 3,000 s/f duplex townhouse. All homes will benefit from a 15-year, 421-A tax abatement. "500 Fourth Ave. features everything a home buyer could want; incredible amenities and services, exquisite high-end finishes, set in one of New York City's most sought after neighborhoods, while maintaining low common charges, a 421-A tax abatement, all at unbelievable prices, providing excellent value," said Joyce Kafati-Batarse, senior vice president of Prudential Douglas Elliman. "Every detail of the building was meticulously planned offering a true home for residents." The Kafati-Batarse Group at Prudential Douglas Elliman is the exclusive marketing and sales agent for 500 Fourth Ave.
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Columns and Thought Leadership
Strategies for turning around COVID-distressed properties - by Carmelo Milio

Strategies for turning around COVID-distressed properties - by Carmelo Milio

Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units
The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

As we head into 2026, one thing is clear: deals aren’t won by who has the best asset; they’re won by who presents it best. Yet many owners, operators, and brokers are entering the new year with outdated photos, inconsistent branding, and limited digital presence. This