According to Steven Wegh of Westwood Realty, a Brooklyn-based investor has closed on the $7 million sale of 26 E. 125th St.
According to public records, 26 E. 125th St. was purchased in February 2014 by Joel Goldman of Brooklyn GC and Abraham Posner for $5.3 million. Originally, plans were filed by Goldman with the NYC Department of Buildings to construct a 16-unit residential building and with the ground floor left as retail. It is believed that the new buyer will continue with the current construction plan.
Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
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
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,