A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms It’s not every year that a landmark piece of Manhattan’s skyline trades hands. But that’s what happened last spring when trophy collector Aby Rosen and his partners gained control of the famed Chrysler Building in April. Even more eye popping was…
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In the world of mid-market investment sales last week, two church-owned properties sell in Lenox Hill for almost $18 million and an office building in Midtown East went for a bit over $15 million. Here are the details: Two entities — at least one of which is linked to the Chehebar family — sold a…
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The New York City Department of Transportation is nearing a deal to lease a vacant 92,000-square-foot building at 101 Varick Avenue in East Williamsburg, Brooklyn, Commercial Observer has learned. David Junik and Abraham Lowy of Pinnacle Realty are handling the transaction for the landlord and declined to comment. Read more at Commercial Observer
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Steel Equities – the Long Island-based investor that focuses on industrial and warehouse projects – picked up a Bushwick property for $53 million. Representatives for Steel Equities and the sellers could not be immediately reached for comment. Pinnacle Realty’s David Junik and Decio Baio represented both sides in the transaction. The brokers declined to comment….
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