Reilly and Newell of Reilly Mann Newell Rlty. broker a $2 million sale

Reilly Mann Newell Realty Group completed the $2 million sale of 201 East Mosholu Pwy. North in the Bedford Park section. The property is a six-story art deco apartment building with 20 large apartments and is situated at the southeast corner of East 206th St. The purchase price is nine times the gross rent-roll, $81.48 per s/f and represents a 6% cap rate. The seller, 201 East Mosholu LLC, was represented by David Schreiber, Esq. and the purchaser, 201 Mosholu LLC, by David Galanter, Esq. of Goldberg Weprin & Ustin. Partners Brian Reilly and Wells Newell of Reilly Mann Newell Realty were the brokers.?

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

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GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

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The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

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Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Columns and Thought Leadership

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

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.

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,

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