Northeast

Prana Investments purchased the 252-unit multifamily complex in the Concourse section of the Bronx.

Douglas Elliman's Q2 2019 Manhattan Report indicates the number of sales is up for the first time in seven quarters.

The new division combines activities with its energy practice, aligning with work in Canada.

The new joint venture ABS R.D. Geronimo Valuation Services LLC will provide real estate advisory services including valuation and appraisals.

"Given the current evolution, shopping malls are going to look different over the next 20 years – likely with smaller anchor stores, more entertainment concepts and restaurants, more experiences for shoppers, and daily service providers such as gyms, grocers, medical offices and even day care providers."

"I've seen transactions of every size and shape, dealt with people good and bad, and have been through a plethora of real estate ups and downs," says Karen Case.

This is a new role for the company.

Secretary of Health Dr. Rachel Levine announced the agreement late last week. The temporary manager, Pinnacle Healthcare Consulting, will remain in place until the department determines it is no longer necessary.