LEASES: The Kaufman Organization leases 7,500 s/f Kaufman’s 236 Fifth Avenue
NEW YORK The Hudson Companies Inc. announced the signing of a 6,890 s/f lease with design firm Doberman at The Breeze, a newly renovated, 100,000
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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
ON THE SCENE: Bestreich Realty Group sells 519 East 6th Street in East Village for $5,250,000
AGENTS Mitti Liebersohn, Avison Young Principal and President of the firm’s New York City office, announced the firm is marketing an opportunity to sublease a 9,670 s/fduplex
SELLING POINTS: Rudder sells 2 full floors at 420 fifth Ave.
● RUDDER PROPERTY GROUP Witkoff sells office condo for $52M Rudder Property Group announced the sale of two full floor office condos at 420 Fifth Avenue
ON THE SCENE: Avison Young gets exclusive in Bronx
Agents The Tri-State Investment Sales Group for Avison Young announced the following exclusive sale assignments: • 751 Concourse Village West, a development site offering up