Investment Sales


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83 Clifton Place in Clinton Hill and 37 Greene Street with Acadia Realty Trust CEO Kenneth Bernstein (Credit: Google Maps)

Brooklyn multifamily building leads NYC’s mid-market i-sales

Just two mid-market investment deals were made public this week in New York City: a multifamily building in Brooklyn...

Brooklyn multifamily building leads NYC’s mid-market i-sales
Investment sale dollar volume in Brooklyn fell 30% in 2019, the biggest drop since the financial crisis. (Credit: iStock)

Brooklyn i-sales see biggest drop since financial crisis

Brooklyn’s multifamily-heavy investment sales market had a tough year in 2019, thanks to new rent laws and new development....

Brooklyn i-sales see biggest drop since financial crisis
Brad Zackson and 2475 Exterior Street (Credit: Google Maps)

Another Brad Zackson deal tops NY’s mid-market investment sales

Another deal from Dynamic Star–led by Brad Zackson, Gary Segal and Penny Lee–for its Fordham Landing project leads The...

Another Brad Zackson deal tops NY’s mid-market investment sales
The sites at 1900 Shore Parkway, 1894 Shore Parkway along Bay 41st Street in Gravesend (Credit: Google Maps)

Abraham Fructhandler’s FBE buys South Brooklyn sites for $58M

Abraham Fructhandler’s FBE Limited has purchased five properties along the South Brooklyn waterfront in Gravesend for $57.5 million. The...

Abraham Fructhandler’s FBE buys South Brooklyn sites for $58M
From left: Savanna’s founding partners, Christopher Schlank and Nicholas Bienstock, Tokyo Trust Capital CEO Minoru Machida and 434 BroadwayFrom left: Savanna’s founding partners, Christopher Schlank and Nicholas Bienstock, Tokyo Trust Capital CEO Minoru Machida and 434 Broadway

Savanna sells Soho office building for $103M to Tokyo-based firm

Savanna has parted with a Soho office-retail building, selling the asset for more than $103 million to a Japanese...

Savanna sells Soho office building for $103M to Tokyo-based firm
22 Quincy Street in Brooklyn (Credit: Google Maps)

Salvation Army rings bell on Clinton Hill warehouse sale for $29M

The Salvation Army sold its Clinton Hill warehouse to a pair of developers who plan to turn the property...

Salvation Army rings bell on Clinton Hill warehouse sale for $29M
111-115 West 141st Street and 148 West 141st Street (Credit: Google Maps)

Brooklyn multifamily building sale tops this week’s list of mid-market deals

The Freo Group bought a multifamily building in Brooklyn for almost $23 million this week, while the Moinian Group...

Brooklyn multifamily building sale tops this week’s list of mid-market deals
591-593 Broadway (Credit: Google Maps)  

Another pricey retail building in Soho is up for sale

Retail rents in Soho are continuing their downward trajectory, but that hasn’t put a total freeze on the neighborhood’s...

Another pricey retail building in Soho is up for sale
1802 2nd Avenue (Credit: Google Maps, iStock)

The luxury senior-living sector is booming

The 53-story Clare tower on Chicago’s Magnificent Mile has sold for $105 million, a sign that luxury senior living facilities hold huge upside in today’s market. Fundamental Advisors LP sold the luxury seniors-only tower...

The luxury senior-living sector is booming
2041 Adam Clayton Powell Junior Blvd in Harlem (Credit: Google Maps)

Rent-stabilized portfolio in Harlem trades for $118M

Another sizeable New York City rent-stabilized apartment portfolio traded before the end of 2019. An entity tied to Yechiel...

Rent-stabilized portfolio in Harlem trades for $118M
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