By Roland Li

For Richard Guarino of ERG Property Advisors, brokerage is a family affair. In 2009, he founded the company with his older brother, Jim, along with Matthew Sparks and James Kinsey. Guarino’s younger brother, Michael, and father are also experienced brokers in the business. Guarino, a managing director who works in investment sales, is seeing an uptick in activity, particularly in multifamily sales. Read more...

By Roland Li

On Tuesday, Forest City Ratner and Frank Gehry unveiled the upper-floor apartments at 8 Spruce Street. The two and three-bedroom units from the 40th to 76th floors were shown to around 150 brokers. Rents weren’t immediate available. The new apartments include three-bedroom model unit on the 52nd floor, as well as the newly opened 22,000 s/f amenities. These include a sixth floor grilling terrace and game room and a seventh floor, 50-foot pool. The building also has a drawing room, private dining room, fitness room and spa. Read more...