News: Brokerage

Jungreis of Rosewood brokers $3 million sale

Rosewood Realty Group has successfully brokered the sale of a six-story elevator apartment building at 748 St. Marks Ave. for $3 million. The sale price represents 7.7 times the current rent roll, according to Aaron Jungreis, Rosewood Realty Group founder and president, who brokered the deal. The building, consisting of 36 apartments, is located in the Crown Heights neighborhood. "The property has tremendous upside potential in this changing neighborhood with solid housing stock, transportation options and tree-lined blocks," Jungreis said. Jungreis founded Rosewood Realty Group in 2007 and specializes in multi-family residential buildings and office buildings, with activity focused in New York, New Jersey, Connecticut and Florida.
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Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account