Press Release – Cignature Realty Awarded Top Honors by CoStar and Green Street Advisors
New York, NY – Cignature Realty has been named as an honored recipient of the CoStar Power Brokers Quarterly Deals award and ranked top 5 in Green Street’s Real Estate Alert ranking of multifamily brokers in the first half of 2022.
Lazer Sternhell, Peter Vanderpool, and Sarah Mae Selnick of Cignature Realty were recognized in CoStar’s Top Sales Deals in Brooklyn, New York. Messrs. Sternhell and Vanderpool and Ms. Selnick represented the seller and buyer for 260 Gold Street, a multifamily building in Downtown Brooklyn that sold for $225,000,000 in the second quarter.
Additionally, CoStar awarded Messrs. Sternhell and Vanderpool for the $92,000,000 sale of a 10-building multifamily portfolio in Washington Heights, listed among the Top Sales Deals in New York City in the first quarter.
Both sales earned coveted recognition in Green Street’s Real Estate Alert national recap of brokers representing sellers in multifamily deals of at least $25 million. Cignature Realty’s dealings accounted for 7.2% of the market share in New York, with a total of $317.2 million in sales as of June 30th, 2022.
The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage. For research purposes, CoStar separates sales in Brooklyn, Queens, Suffolk, and Nassau County from the New York City Market (Manhattan).
For more information, please visit CoStar Power Broker Award Winners and Green Street’s Ranking Table.
About Cignature Realty Associates Inc
Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and mixed-use apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.
The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.
For additional information, please visit CignatureRealty.com.
Lazer Sternhell Lazer@CignatureRealty.com
(212) 643-1880 ext 18
Markiya Lee Markiya@DesignMattersInc.com