A package of seven (7) walk-up buildings located in the East Harlem neighborhood of Northern Manhattan.
1622-1632 York Avenue is a prime mixed-use development opportunity with 175’ of retail frontage located on the southeast corner of York Avenue and East 86th Street.
A leasehold interest in an elevatored mixed-use building located on 10th Avenue between West 27th and West 28th Streets.
The Aspen is an eight (8) story, 250,090 square foot elevatored mixed-use building spanning the entire west side of First Avenue between East 100th and 101st Streets.
For the month, New York City saw 48 transactions comprised of 63 buildings totaling $574.7 million in gross consideration. This represents a 32% decrease in dollar volume and a 25% decline in building volume compared to August 2015...
Manhattan development shifts focus
in light of current market conditions
It is no secret that sales of development sites in Manhattan below 96th St. have slowed significantly in the first half of 2016 – a continuation of the cautious trend seen in 2015 – adding to broader concerns over the health of the borough’s development market.
Real Estate Forums’s 50 Under 40:
Victor Sozio, EVP Brokerage Services
As one of the Founding Members of Ariel Property Advisors, Victor Sozio has developed a comprehensive understanding of properties subject to various city, state and federal regulatory agreements, including rent stabilization, Section 8 vouchers, HUD agreements and LIHTC assets.