Bronx multifamily owners in holding pattern as eviction moratorium is extended
By Marco Lala It’s a tale of two markets for Bronx rentals. Sweeping regulations, shutdowns, and economic stimulus have had little effect on slowing the...
Tag : marco lala
Stagg Group to build 500-unit Bronx apartment development
The Stagg Group is set to build a 474-unit apartment building at 1125 Whitlock Avenue in the Bronx. The development company just closed on the...
Bullish on the Bronx, UA Builders buys another development site
UA Builders is planning another new apartment development in the Bronx. The company has just closed on the purchase of a development site on Villa...
ON THE SCENE: Under $10M sales and exclusives
AGENCY ASSIGNMENTS RM Friedland announced that Marco Lala and his team have been retained to sell 209 Seventh Avenue, a mixed use property on the...
Multifamily values ʻsucker punchedʼ
New York City’s new rent regulation laws have shaved nearly half the value off multifamily properties, according to investment sales brokers. Sales for the second...
ON THE SCENE: CBRE closes sales worth $13.62 million.
AGENTS Cushman & Wakefield announced the following exclusive assignments: • 407-409 East 158th Street, a 34,094 s/f residential development site in the Melrose neighborhood of the...
ON THE SCENE: GFI Realty Services has been named the exclusive sales agent for 615 East 17th Street in Ditmas Park
AGENTS The Tri-State Investment Sales Group for Avison Young has been named the exclusive agent to market two retail condominiums spanning two floors at 90 William Street...
ON THE SCENE: Adelaide Polsinelli has been retained to sell 63-49 & 63-53 60th Place in Queens
AGENTS Hilly Soleiman of Besen & Associates has been retained to sell the retail condo located at 381 Broome Street. Built in 2003, the condo contains 4,130 s/f...
ON THE SCENE: Meridian sells portfolio of five rent regulated buildings in Central Harlem
AGENTS RM Friedland announced that Marco Lala has been retained for the following exclsuive assignments: • A Bronx development site with pending plans for a 10-story elevator building...
ON THE SCENE: Avison Young engaged to market 60-68 East 116th Street
AGENTS Avison Young’s Tri-State Investment Sales Group has been engaged by ownership to market 60-68 East 116th Street, a long-term ground lease development opportunity. A...