SELLING POINTS: Middle market sales, exclusives
SALES Cushman & Wakefield announced the $1.58 million sale of 1600 Tomlinson Avenue, a 10-unit, 7,350 s/f multifamily property in Morris Park. Robert M. Shapiro,...
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ON THE SCENE: This week’s middle market sales, exclusives
SALES CBRE announced the sale of a religious facility located at 108 Washington Place in Passaic, NJ. The former Presbyterian church was acquired by the...
SELLING POINTS: Millcreek to develop school site
● GFI REALTYNew Midwood apartment building hits sales market GFI Realty Services has been named the exclusive sales agent for 1704-1712 Ocean Avenue, a seven-story multifamily...
Woulda, coulda, shoulda; Why Amazon shoulda picked Brooklyn
Industry experts believe Amazon would have built its HQ2 in New York if it had opted for a different borough. “Brooklyn would have had much...
Why Gowanus is suddenly smelling sweet to hungry New York developers
In the Gowanus neighborhood where real estate developers are anxiously plotting new development projects along a toxic canal, the community is bracing for a rezoning...
SELLING POINTS: LIC hotel sold for $60M, Former Lucky Cheng’s spot goes for $12M
● LIGHTSTONE $60M LIC hotel purchase Lightstone has purchased the Hilton Garden Inn on 41st Avenue for $60 million from a group headed by Sagamore...
Selling points: Investor drawn to Queens apartments, Highcap arranges hotel play
Rosewood Realty Investors drawn to Queens apartment hubs A Queens investor purchased a pair of contiguous rental buildings at 71-05 and 71-11 37th Avenue in...
Selling points: Ginsburg enters White Plains market, Swedes bulk up apartment portfolio
Ginsburg Development Company Ginsburg enters White Plains market In its first entry into the Downtown White Plains market, Ginsburg Development Companies (GDC) has purchased of...
Selling points: Berley group buys build-to-suit site, Sugar Hill closes on $84M deal in Brooklyn
Walter & Samuels Berley group buys build-to-suit site An investment group led by Walter & Samuels chairman David I. Berley has acquired a 99-year leasehold...
SELLING POINTS: American Realty Advisors buys JC tower; Slate selling park Slope building
● AMERICAN REALTY ADVISORS New owners have big plans for JC original American Realty Advisors has acquired 30 Montgomery Street, a 16-story office tower on the...