Thru the Lens: JDS Development Group and Property Markets Group
JDS Development Group and Property Markets Group, in conjunction with the New York Academy of Art, held a broker party on November 17 titled "The Art of Construction" within their new residential conversion project, Stella Tower. The evening featured artwork by Nicolas Sanchez, who commissioned dozens of artistic sketches detailing the building construction at Stella Tower from the beginning stages.
Sanchez made a speech, in addition to the building's Director of Sales Vickey Barron and Douglas Elliman Chairman Howard Lorber. Douglas Elliman President and CEO Dottie Herman was also in attendance. Stella Tower is located at 425 West 50th Street between Ninth and Tenth Avenue in Hell's Kitchen. Sales are still underway. For more information visit stellatower.com
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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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.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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