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  • Market Watch  |  Nov 29th
    Willets Point Megaproject Receives Renewed Hope
    This week we’re highlighting an update on the Willets Point megaproject, the allocation of state housing funds, and a new mixed-use project planned for the Bronx.
  • Property FOR SALE  |  Nov 24th
    45-34 Pearson Street
    A unique development opportunity in the heart of Long Island City, this 25’ x 100’ lot zoned R7-3/M1-5 offers developers the opportunity to build in one of the most rapidly developing areas in New York City. The property has Department of Buildings approved plans to construct an 8 story, 16 unit,15,427 square foot building (including below grade space) with 12,500 net rentable/sellable square feet.
  • In the News  |  Nov 18th
    The Real Deal
    NYC multifamily sales jump to $1.7B in September -- Multifamily sales in New York City picked up the pace in September, with dollar volume totaling nearly $1.7 billion, according to new report from Ariel Property Advisors.
  • In Contract  |  Nov 16th
    486-488 Lefferts Avenue
    The subject property is a 40’ wide vacant lot located on a residential street in the southern section of Prospect Lefferts Gardens. Located between Brooklyn and Kingston Avenues, the properties are only four (4) blocks away from Kings County Medical Center and only one mile east of Prospect Park.
  • Market Research  |  Nov 16th
    Gowanus: Status Pending
    A Federal and local effort to clean up the Gowanus Canal, the historical success of Williamsburg and Dumbo, and a wide belief that a residential rezoning is imminent, makes for a compelling argument that Gowanus is poised to experience major growth in the near future.
  • Market Watch  |  Nov 15th
    Plans Reveal Brooklyn’s First 1,000 Foot Tower
    This week we’re highlighting details regarding Brooklyn’s tallest skyscraper, a new initiative to grow New York City’s manufacturing sector and The Bronx’s increase in subway ridership.
  • In Contract  |  Nov 12th
    211 Bond Street
    The subject property is a vacant commercial building between Baltic and Butler Streets in the exciting Brooklyn neighborhood of Gowanus. It is 20 feet wide and 75 feet deep and contains parking and warehouse/office space on the ground floor, and office space on floors 2 and 3. Each floor boasts high ceilings and favorable layouts.
  • Transaction CLOSED  |  Nov 11th
    2070 & 2074 Arthur Avenue
    This asset consists of two (2) adjacent five (5) story multifamily buildings located in the Tremont section of The Bronx. Many of the individual apartments have been renovated, and all vacant units will be delivered brand new and ready for tenancy.
  • Transaction CLOSED  |  Nov 11th
    721 Hart Street
    This property is a 25’ x 100’ development site located on Hart Street between Wilson and Central Avenues in Bushwick. Zoned R6, its 2.2 FAR allows 5,500 buildable square feet, as-of-right, for residential usage.
  • Market Watch  |  Nov 8th
    U.S. Economy Adds 271,000 Jobs in October
    This week we’re highlighting the latest jobs report, the enormous cost to construct 220 Central Park South, and the evolution of Midtown South.
  • In Contract  |  Nov 5th
    497 Greene Avenue
    The property is located in the heart of Bedford Stuyvesant on the Northeast corner of Greene and Nostrand Avenues. The property consists of Four residential units and two commercial units. The residential unit mix is: three (3) one-bedrooms and one (1) studio.
  • Transaction CLOSED  |  Nov 4th
    West 141st Street Walk-Up Portfolio
    This asset consists of two (2) walk-up buildings located on West 141st Street between Lenox Avenue and Adam Clayton Powell Jr. Boulevard. Spanning 36,935 square feet, the buildings have 89 residential units and one (1) employee unit.
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