News: Brokerage

Watkins and Algarin of The Oak & Avery Group broker four Westchester sales - $6.16 million

White Plains, NY The Oak & Avery Group negotiated the sale of four Westchester County properties totaling $6.16 million.

• 54-60 Russell St., White Plains, a 15-unit mixed-use assemblage purchased by a NYC-based firm, Russell Portfolio LLC, for $2.71 million,

• 33 Huguenot St., New Rochelle, a 5-unit multifamily building purchased by White Plains-based Westchester County Management, for $1.2 million,

• 21-23 Saint Charles St., Thornwood, a 5,200 s/f office/industrial building, purchased by Dimensional Corp. for $900,000 and,

• 142-144 S Highland Ave., Ossining, a 7,200 s/f office/retail building, purchased by Sachin Shah for $1.3 million.

Anthony Watkins, president, and David Algarin, vice president, represented the sellers in all transactions.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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