Massey Knakal Realty Services, New York City’s number one building sales firm has just released their third quarter 2011 Property Sales Reports, giving a comprehensive study of the investment sales market throughout the entire New York City area. The report shows that during the first three quarters of this year there were $19.1 billion in
DelShah Capital Announces Student Housing Conversion in Brooklyn New York
DelShah Capital has re-branded and repositioned 902-908 Bedford Avenue, formerly a seven story multi-family building, into 44 units of student housing in downtown Brooklyn. The building is already 98% occupied with students and their families who are mainly from Long Island University and Pratt Institute. The exclusive marketing agency for 902-908 Bedford Avenue is Distinct
Massey Knakal Sells Development Property in All-Cash Deal for $71 .9 Million
A parcel of development land at 1205-1225 Broadway was sold in an all-cash transaction for $71.9 million to The Lam Group, a developer of franchised hotels. The property is located on the north-west corner of Broadway and West 29th Street in the heart of Herald Square. 1205-1213 Broadway is a three-storey commercial office building giving