August 16 - September 5, 2016

Digital Edition

New York City

New York, NY New York City multifamily sales remained largely stable with strong dollar volume and fewer transactions in June. Brooklyn drove most of the month’s activity, supported by Northern Manhattan and Queens. In June, New York City saw 74 transactions comprised of 148 buildings totaling $1 billion in gross consideration. This represents an 8% increase dollar…Read More

Brooklyn, NY EPIC Commercial Realty has completed two sales totaling $3.95 million. In the first deal, EPIC sold a mixed-use building at 1254 Broadway in Bedford-Stuyvesant for $1.65 million. Located on the northeast corner of Greene Ave. and Broadway, the property is a four-story walk-up mixed-use building comprised of ground floor retail and three box…Read More

New York, NY CBRE Group, Inc. has advised Coach in a 693,938 s/f lease of its headquarters at 10 Hudson Yards as part of Coach’s sale-leaseback. CBRE’s Lauren Crowley Corrinet, Mary Ann Tighe and Gregory Tosko represented Coach, who entered into a 20-year lease for the sixth through the 23rd floors. “We are happy to have…Read More

New York, NY Nathan Blatter of Whitestone Realty Group, Inc. has completed the $23 million sale of 117 W 79th St. The deal closed within 10 days of signing of the contract. The building was used as a hotel the past 14 years and was recently closed down due to some legal issues pertaining to the use as an…Read More

New York, NY Adler Windows has opened their second N.Y. location and their first showroom at 350 7th Ave., Ste. 1103. The expansion was needed for more office space and a presence in the city. The new 1,400 s/f facility will serve as sales, estimating and marketing offices, as well as a conference meeting space…Read More

New York, NY Marcus & Millichap has brokered the $17.75 million sale of 1269-1271 First Ave., a five-story, mixed-use elevator apartment building located between 68th and 69th Sts. on New York City’s Upper East Side. “Built around 1910 and family-owned since 1973, the building provides the new owner with a great opportunity to add value…Read More

Brooklyn, NY CPEX Real Estate has recently sold a development site at 1275 Broadway in Bushwick for $6 million. 1275 Broadway, located in a commercial district in Bushwick, has an 11,150 s/f footprint with 37,766 buildable s/f. The property sold for $161 per buildable s/f in an all cash transaction. The existing one-story, 11,000 s/f…Read More

Northern Manhattan saw investment property sales activity continue its upward trajectory from 2015 levels, while pricing and dollar volume across most asset types showed strong appreciation in the first half of 2016 (1H16). Several institutional-caliber transactions that took place played a prominent role in driving sale figures higher while also signaling strong confidence in the…Read More

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Upcoming Events

  1. Brooklyn Real Estate Summit

    September 7 @ 7:30 am - 3:00 pm
  2. ACEC Tri-State Fall Conference

    September 18 - September 20
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    September 22