News: Brokerage

Zach, Efrati and Kozhinoff of Itzhaki broker $555,000 sale

Itzhaki Properties has completed the sale of 612 Jackson Ave. and 720 East 151st St. This 50' x 100' lot is located in the Mott Haven neighborhood. The lot was sold as a development site, and is suitable for construction of five three-family homes or a 17,000 s/f development. The lots sold for $555,000 in an all cash transaction. Shay Zach, Itzhaki managing partner, together with Ami Efrati and Aaron Kozhinoff, Itzhaki investment sales associates, represented both the buyer and the seller. This deal was placed under contract in less then 30 days since Itzhaki procured the exclusive listing.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,