Category: Brokerage

Diald AI announces partnership with Moody’s

Diald AI announces partnership with Moody’s

September 9, 2025
Diald AI, the first-of-its-kind proptech company delivering end-to-end, institutional-grade commercial real estate analysis in hours instead of weeks or months, announced it has entered into a commercial partnership with Moody’s, integrating a trusted
One Year In: Freelance Isn’t Free Act Fuels a Surge of Lawsuits - by Andrew Lieb

One Year In: Freelance Isn’t Free Act Fuels a Surge of Lawsuits - by Andrew Lieb

September 9, 2025
August 28, 2025 was the one-year anniversary of the effectiveness of the New York State Freelance Isn’t Free Act. In just that short while, the Freelance Act has become a hot button litigation topic in the real estate brokerage world
Endeavor Real Estate Group brokers $2.93 million sale of the Culver Road Apartments

Endeavor Real Estate Group brokers $2.93 million sale of the Culver Road Apartments

September 9, 2025
Irondequoit, NY Endeavor Real Estate Group has completed the successful sale of the Culver Road Apartments, a 42-unit garden-style multifamily community. The property was acquired by a local investor with sizable multifamily
Endeavor Real Estate Group brokers $3.8 million sale of flex building

Endeavor Real Estate Group brokers $3.8 million sale of flex building

September 9, 2025
Henrietta, NY Endeavor Real Estate Group has completed the successful representation of the buyer in the acquisition of 265 Thruway Park Drive, a high-quality flex building
Vornado Realty Trust <br>leases 203,000 s/f to Verizon

Vornado Realty Trust
leases 203,000 s/f to Verizon

August 26, 2025
Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth
Arrow arranges $61 million financing <br>for acquisition of 5 Hanover Sq.

Arrow arranges $61 million financing
for acquisition of 5 Hanover Sq.

August 26, 2025
Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and
Merchants Capital secures $60.5 million <br>for 602-unit Ocean Park Apartments

Merchants Capital secures $60.5 million
for 602-unit Ocean Park Apartments

August 26, 2025
Queens, NY Merchants Capital closed $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable housing community in Far Rockaway.
Question of the Month: How can a surveyor accelerate the development process? by Rich Guisado

Question of the Month: How can a surveyor accelerate the development process? by Rich Guisado

August 26, 2025
When it comes to land development, choosing the right surveyor is more than checking a box – it can critically impact your project. For developers, surveys lay the groundwork for everything that follows, from accurate designs and permitting to keeping schedules
Metro Realty leases 2,000 s/f to Rizzo Restoration

Metro Realty leases 2,000 s/f to Rizzo Restoration

August 26, 2025
West Babylon, NY Michael Pisciotta and Jeremy Hackett of Metro Realty Services leased 2,000 s/f at 110 Bell St. to Rizzo Restoration LLC.
TerraCRG closes $2.16 million sale of 1375 Bedford Ave.

TerraCRG closes $2.16 million sale of 1375 Bedford Ave.

August 26, 2025
Brooklyn, NY TerraCRG closed on the sale of 1375 Bedford Ave., a three-unit mixed-use property located at the intersection of Bedford Ave., Bergen St. and Rogers St. in Crown Heights. TerraCRG’s Matt Cosentino, Remi Norris and Daniel Chung
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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

August 26, 2025
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
Clear Street signs long-term extension/expansion at 4 World Trade Center

Clear Street signs long-term extension/expansion at 4 World Trade Center

August 26, 2025
Manhattan, NY According to Silverstein Properties, Clear Street has committed to a 10-plus-year lease extension, as well as an expansion to grow its headquarters to nearly 88,000 s/f at 4 World Trade Center, the 72-story tower in Lower Manhattan.