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$101M Diamond District sale proof NYC is forever friend to investors, say brokers
07
A mixed-use building in the Diamond District had traded for $101 million in what the local BID hails as a sign of resiliency in the market in the face
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SELLING POINTS: Masons buy College of New Rochelle at auction for $32M
05
● ACKMAN ZIFF INVESTMENT SALESGowanus Rezone area site sells for close to $30M, will be redeveloped Avery Hall Investments has acquired a development site
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ON THE SCENE: Latest middle market sales, exclusives
05
1580 EDISON SALES Alpha Realty announced the sale of 1580 Edison Avenue, a 4-story apartment building consisting of 27 apartments and 1 retail unit.
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ON THE SCENE: Latest middle market sales, exclusives
05
SALES 1414-1424 Cromwell Avenue Ariel Property Advisors announced the sale of 1414-1424 Cromwell Avenue in the Mount Eden neighborhood of the Bronx.
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ON THE SCENE: This week’s middle market sales, exclusives
05
SALES Alpha Realty brokered the $5,150,000 sale of 4206 Carpenter Avenue (pictured top) in the Wakefield section of the Bronx. The 6-story property consists
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ON THE SCENE: What’s for sale in NY’s middle market
05
Brian Whelan and Alexandra Curtin of B6 Real Estate Advisors have been retained to sell 5089-5099 Broadway, a development assemblage with more than 188 ft.
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Arbor closes on flurry of Fannie Mae refinance deals
08
Arbor Realty Trust has closed on more than a dozen Fannie Mae transactions totaling $160.7 million across the U.S. The acquisition and refinance loans
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ON THE SCENE: This week’s Under $10M sales & exclusives
07
YEHUDA LESER Alpha Realty announced the sale of 1675 Ocean Avenue, in the Midwood section of Brooklyn. The 6-story elevator property consists of 48 apartments
Deals & Dealmakers
Paul Massey launches new investment sales firm
00
Nearly a year after officially launching a bid for New York City mayor, and two months after leaving Cushman & Wakefield, Paul Massey has started a
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ON THE SCENE: This week’s Under $10M sales & exclusives
07
AGENTS CHRIS BRODHEAD B6 Real Estate Advisors has been retained to market 350 Grand Concourse in the Bronx, an approximately 240,000 buildable square-feet
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SELLING POINTS: DSA buys $47M apartment building
07
● MERIDIAN INVESTMENT SALES LIC apartment building trades for $47M DSA Property Group has bought Long Island City apartment building for $47 million.
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ON THE SCENE: GFI Realty Services has been named the exclusive sales agent for 615 East 17th Street in Ditmas Park
06
AGENTS The Tri-State Investment Sales Group for Avison Young has been named the exclusive agent to market two retail condominiums spanning two