GUEST VIEWPOINT: Turning Housing Commitments into Real Progress

Marcus & Millichap arranged the sale of an 11,850-square-foot industrial property in Brooklyn for $5,650,000. The property is located at 30 Richards St. in Brooklyn’s Red Hook neighborhood. “At $565 per square foot on the building’s floor plate, this sale represents a record price for an industrial building in Red Hook,” said Jesse Kay in Marcus & Millichap’s Manhattan office. “This outcome is the […]

138 Spring St. in SoHo, also known as 90 Wooster St., has sold for $43.7 million. The property is a six-story mixed-use office and retail building, and the buyer was Evergreen Peak LLC, a Manhattan-based developer operating out of 136 Madison Ave. Alex Riguardi, a director with JL Capital Markets in the New York office, […]

“The Mayor came into office with a message of affordability, and it’s the right mesage. [On] how we get there, we’re going to disagree.” That’s Hal Fetner, chairman, Fetner Properties, responding to the question of the most important thing for Mayor Zohran Mamdani to focus on. For his part, Gary Rosenberg, president, Rosenberg & Estis, […]