Articles Archive for 19 August 2011
Deals & Dealmakers, Featured »
By Roland Li
One of Preston Flammang’s favorite pursuits is Shin Bu Kan, a martial art that he has been practicing for four years. It requires strength, flexibility and particularly discipline – traits that Flammang also values as a broker. Flammang is director of Massey Knakal’s Capital Services division, where he works with lenders, buyers and owners of commercial property in an era where fiscal discipline is paramount.
Construction & Design, Featured »
A five-acre former biscuit factory in Riverdale, in the northwest corner of the Bronx, is to be redeveloped as a multi-tenant retail center. Joseph Farkas, president of Metropolitan Realty Associates, has acquired the site for $18 million, in a joint venture with long-time equity partner Angelo, Gordon & Co., LP, and has announced plans to construct two retail buildings totaling 162,000 s/f. The development, which allows for rooftop parking, will be called Riverdale Crossing.