By Al Barbarino

Springhouse Partners has purchased a newly-constructed residential building located at 90-96 Meserole Street in Williamsburg, Brooklyn for $13.75 million.

By Al Barbarino

A coalition of Brooklyn organizations is spearheading an effort to bring Brooklyn’s multi-billion dollar tech scene to new heights.

The Brooklyn Tech Triangle coalition – led by the Downtown Brooklyn Partnership, the DUMBO Improvement District and the Brooklyn Navy Yard Development Corporation – has issued an RFP asking for proposals that would provide infrastructure, workforce and transportation innovations to help Brooklyn’s tech seen reach its true potential.

By Al Barbarino

The Manhattan real estate market puttered along through the second quarter of 2012, as Midtown South continued to attract most of the attention.

Speaking at the CBRE’s Q2 2012 Manhattan Office Market Review last week (Thursday), company executives outlined Manhattan’s slow progress through June of this year, but highlighted Midtown South’s continued success.

By Al Barbarino

When Joe Harbert left Cushman & Wakefield in May, the firm was riding high, basking in the previous year’s successes.

Leaving after eight years to join Colliers International seemed like the last thing anyone expected. It was the furthest thing from 65-year-old Harbert’s own mind.

Charles Rutenberg Realty is planning to open more offices.
The company — which offers 100% commissions — currently has more than 1,300 agents throughout Long Island, Queens, Westchester and Manhattan.
It has also opened a Short Sales division and added 100 agents to its Commercial Real Estate division.
Broker / owner Joe Moshé said a new office is set to open in Long Beach and Great Neck, including a second corporate office in Bayside
“When we came on the scene, we revolutionized the real estate market by offering 100% Commissions to our Agents,” said …

Rapid Realty, the upstart New York-based firm that’s opened 55 franchises since launching in 2009, is expanding further.
CEO and founder Anthony Lolli said he is currently scouting out locations for new franchises in Boston, Philadelphia, Atlanta and Tampa and other markets across the country.
The company currenlty has 55 franchises in Manhattan, Brooklyn, Queens, the Bronx, Staten Island, New Jersey and Long Island, and more than 800 agents and brokers.
In recent months, the quicksilver growth has precipitated dozens of requests from prospective franchisees seeking to open in yet untapped markets, according …

Leasing will open this fall for Madox, a new upscale rental community that is on schedule to earn the first LEED certification for a residential building in Jersey City.
 
Names are currently being accepted for a priority list of renters who will receive first preference at the collection of 131 luxury apartment homes rising at 198 Van Vorst Street in downtown Jersey City’s historic Paulus Hook neighborhood.
Construction is nearing completion at the seven-story building, with initial occupancy scheduled for October 2012, according to developer Fields Development Group.
Madox will feature a collection …

Halstead Property Development Marketing has officially launched sales at 5 West, a new luxury condominium at 5 West 127th Street in Harlem.
Jeffrey and Kristin Krantz, the husband and wife team that recently joined Halstead Property Development Marketing, are leading sales and marketing.
Since its soft opening earlier last month, the development has seen high traffic every day and already garnered offers on 40% of the building’s units, according to Jeff.
“5 West offers buyers spacious layouts, private outdoor space, and generous amenities at a great price point,” he said.
“With an …

The Rudin Family’s new condo, 130 West 12th Street, in Greenwich Village, has sold out eight months after the start of sales.
Closings will begin early next week and buyers will start moving in shortly thereafter, according to Samantha Rudin Earls, partner in the Rudin development and vice president of Rudin Management.
“Our commitment to elegant, innovative and sustainable designs combined with the beautiful Greenwich Village location, has created a rare opportunity for our buyers,” added Earls.
“The completion of sales of 130 West 12th Street speaks to the demand for …