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SELLING POINTS: Compass sells Mott Street retail condo
07
● ONE LIBERTY PROPERTIESREIT swaps retail for industrial Great Neck, NY-based One Liberty Properties has acquired two industrial properties for $28.
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Multifamily values ʻsucker punchedʼ
07
New York City’s new rent regulation laws have shaved nearly half the value off multifamily properties, according to investment sales brokers.
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ON THE SCENE:
08
AGENTS ADELAIDE POLSINELLI Adelaide Polsinelli, vice chair of Compass and the newly launched investment sales division, along with 
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Selling Points: DH Properties invests in Red Hook, Robert Towers sell in NJ
07
● CPEX DH Properties makes industrial investment in Red Hook CPEX Real Estate’s Brooklyn Development & Conversion Team has arranged the ground lease
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SELLING POINTS: Alloy to redevelop two DUMBO properties, Avison Young marketing Harlem offices
06
● JLL Alloy JV to redevelop DUMBO property Dumbo-based Alloy Development and The Davis Companies acquired two buildings at 42 and 50 Jay Street for $52.
Deals & Dealmakers
Selling points: Prospect Heights package going for $20M, Newark complex sells for $4.8M
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Ariel Property Advisors Prospect Heights package up for grabs for $20M Ariel Property Advisors has been exclusively retained to sell 291 &
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ON THE SCENE: Rudder Property Group sells 7,616 s/f office condo at 115 West 29th Street
08
AGENTS KEVIN SCHMITZ Cushman & Wakefield has been retained to arrange for the ground lease of 9402-9406 Sutphin Boulevard, a development site
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ON THE SCENE: Adelaide & Trystan Polsinelli hired to market La Maison
07
AGENTS ADELAIDE POLSINELLI Compass announced that Adelaide Polsinelli, vice chair of the investment sales division, along with Trystan Polsinelli, have
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ON THE SCENE: This week’s Under $10M sales
07
JUSTIN ZEITCHIK Bestreich Realty Group (BRG) announced the sale of 216 East 5th Street located between Cooper Square and 2nd Avenue for $4,000,000.
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ON THE SCENE: This week’s Under $10M sales and exclusives
06
JONATHAN SQUIRES SALES Cushman & Wakefield announced announced the following sales: • 5278 Post Road, also known as 6301 Broadway, a 121,188 s/f development
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MMCC arranged $15M refi’ for Hell’s Kitchen rental
07
Marcus & Millichap Capital Corp. (MMCC) has arranged a $15 million loan to refinance a new rental development in Hell’s Kitchen. Steven Rock, of the
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ON THE SCENE: This weeks Under $10M sales and exclusives
07
DANIEL SHAWAH SALES Bestreich Realty Group (BRG) announced the following sales: • 302 5th Street in Park Slope, Brooklyn, sold for $2,000,000.