The Changing Outlook for U.S. Oil- & Gas-Producing Markets
As a leading producer and exporter of petroleum and natural gas, the U.S. is positioned to help Europe reduce its dependence on Russia for its energy needs following the invasion of Ukraine. Potential commercial real estate impacts in major U.S. oil- and gas-producing markets include:
April 13, 2022A&E Real Estate Buys Brooklyn Multifamily Portfolio for $250M
Following on the heels of a $266 million apartment purchase on the Upper West Side, A&E Real Estate is acquiring a 14-building multifamily portfolio in Brooklyn’s Gravesend and Sheepshead Bay neighborhoods, according to a source.
April 12, 2022Darcy Stacom – Fifteen seconds of New York Time Square
Time Square remains one of the most exciting places in the world. The center of the center of it all. Sometimes you need to just step back and watch it happen. You can feel the magic emanating every time.
April 12, 2022CBRE Team Led By Darcy Stacom, Arranged The $266 M Sale Of A 354 – Unit Luxury Apartment Tower
Darcy Stacom lead the CBRE team arranging the sale of the luxury apartment building on the Upper West Side to A&E Real Estate on behalf of Equity Residential, the seller.
April 11, 2022Upper East Side Property Trades for $266M
A&E Real Estate has acquired 140 Riverside Blvd., a 354-unit luxury tower in the Upper West Side area of Manhattan, for $266 million. Equity Residential sold the asset, previously acquired in 2005 an part of an $816 million portfolio transaction, Yardi Matrix data shows. Darcy Stacom, chairman of NYC Capital Markets, led the CBRE team which brokered the transaction on behalf of the seller.
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