Zborovsky represents buyer and seller in $11 million block sale of 57 unsold condos; Pre-war buildings located at 225-255 Eastern Parkway, Brooklyn
A block of 57 unsold sponsor condo units in 225-255 Eastern Pwy. has been sold. The block was a part of the two pre-war condo properties, with Art-Deco façades, that housed 146 large (close to 2,000 s/f per unit) apartments. The units were sold for $11 million, or under 35% of their vacant market value. Mark Zborovsky represented both the seller and the buyer.
Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.