Residential
SELLING POINTS: KRE group continues to bolster NJ apartment portfolio; George Comfort buys Wʼchester office park
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●KRE GROUP / VERDE CAPITAL KRE adds more multifamily KRE Group, in partnership with Verde Capital, has acquired a 304-unit garden-style apartment property
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SELLING POINTS: Alloy to redevelop two DUMBO properties, Avison Young marketing Harlem offices
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● 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: Brooksville, Rockpoint partner up in Princeton, Fruchthandler nabs Bronx buildings
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● HFF Brooksville, Rockpoint partner on Princeton buy A joint venture between Boston-based Rockpoint Group and Andrew MacArthur’s Brooksville Company
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Selling Points: Spaniards buy Moxy garage, TH Real Estate digs in on Chambers Street
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● Meridian Investment Sales Spaniards scoop up Moxy parking garage Meridian Investment Sales sold the parking garage condominium located in the Moxy Times
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ON THE SCENE: This weeks Under $10M sales and exclusives
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DANIEL SHAWAH SALES Bestreich Realty Group (BRG) announced the following sales: • 302 5th Street in Park Slope, Brooklyn, sold for $2,000,000.
Deals & Dealmakers
SELLING POINTS: DSA buys $47M apartment building
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● MERIDIAN INVESTMENT SALES LIC apartment building trades for $47M DSA Property Group has bought Long Island City apartment building for $47 million.
Deals & Dealmakers
In spite of confirming a slowdown in deals, experts remain optimistic about NYC
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By Amanda Marsh While New York City continues to churn out significant transactions, four real estate experts headlining last week’s Real Estate Principals
Deals & Dealmakers
Selling points: Durst goes beyond NY borders, Largavista mulling creative office conversion
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Durst Organization Durst reaches beyond NY borders The Durst Organization has acquired a slice of the Philadelphia waterfront for just over $21 million
Deals & Dealmakers
Selling points: Yorkville building sells for $18M, Hell’s Kitchen resi building listed for $11.75M
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Marcus & Millichap Yorkville mixed-use building sells for $18M Marcus & Millichap announced the sale of 1269-1271 First Ave., a five-story, mixed-use
Deals & Dealmakers
Selling Points: DH Properties invests in Red Hook, Robert Towers sell in NJ
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● CPEX DH Properties makes industrial investment in Red Hook CPEX Real Estate’s Brooklyn Development & Conversion Team has arranged the ground lease
Deals & Dealmakers
ON THE SCENE: CBRE and Cushman & Wakefield tapped for various Queens properties
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AGENTS CBRE has been named the exclusive leasing agent for the largest block of available office space in Flushing, NY. The 20,000-sq.-ft.
Deals & Dealmakers
SELLING POINTS: Equity One buys Norwalk mall; Bond Street retail for sale
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●JLL Equity One buys Norwalk center Equity One has purchased a Norwalk retail center for $30 million in a deal orchestrated by JLL. On behalf of Christopher