Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions – Investment Sales, Capital Advisory, and Retail Leasing – Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. 

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Our Services

Investment Sales

We take a holistic look at our clients’ investment properties and goals and tailor effective marketing strategies to achieve maximum returns.

Retail Leasing

Our Landlord/Tenant Advisory Services offer the greatest possible exposure for retail units, and match tenants with the right location and space.

Capital Advisory

We excel at creating the perfect capital stack for each client's project whether a ground-up development, value-add asset, or high-performing property.

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Latest News

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Oct. 4, 2017 | News
Eastern Consolidated's Capital Advisory Division Arranges $215 Million Construction Loan for Luxury Condominium Development

Eastern Consolidated’s Capital Advisory Division has arranged a $215 million construction loan for the development of a shovel-ready, 27-story, 170-unit luxury residential condominium project at 537 Greenwich Street within the Special Hudson Square Zoning District.  Managing Director Adam Hakim and Director James Murad represented the borrower, Cape Advisors and its new equity partner Strategic Real Estate LLC, in securing the financing from Bank of the Ozarks. The team previously placed a bridge loan with Bank of the Ozarks for the acquisition of the lots and air rights for the site.  “This is going to be a tremendous project with sweeping views of the Hudson River from apartments facing south and west, and skyline views from those facing north and east” Hakim said. “The average price per unit will be below $3 million, a price point that has been showing consistent velocity in the current environment and is considered affordable in Manhattan’s new development market.”  The development site offers a zoning floor area of 228,000 square feet, resulting from two combined lots, 537 Greenwich Street / 110 Charlton Street, and air rights obtained from five adjacent and nearby properties. 

Nov. 1, 2017 | News
Indoor Axe Throwing Entertainment Venue Planned for Gowanus

Kick Axe, an indoor axe throwing entertainment venue, will be opening soon in a 7,000-square-foot warehouse space at 622 Degraw Street in the Gowanus section of Brooklyn after signing a 10-year lease arranged by Eastern Consolidated’s Retail Leasing Division. Senior Director Brad Cohen, Director Jacob Tzfanya, and Associate Directors Alex Geisinger and Jon Kamali represented the landlord in the transaction. The tenant, Escape Room Live, was represented by Eddie Mamiye of RKF. “Kick Axe is an example of the type of creative and recreational tenants leasing warehouse space today,” Cohen said. “Our team is building a large portfolio of this type of flexible warehouse space in the most desirable neighborhoods in New York City--Gowanus, Greenpoint, and Long Island City.”

Oct. 4, 2017 | News
Eastern Consolidated Announces Sale of a Rare Upper West Side Corner Development Site to Extell Development for $80 Million

Eastern Consolidated has arranged the sale of a corner development site at Broadway and 96th Street on the Upper West Side to Extell Development for $80 million. The property at 2555 Broadway offers up to ±151,056 buildable square feet with inclusionary air rights and is currently home to a two-story commercial building leased to Chase Manhattan Bank and formerly Gristede’s supermarket. Plans call for the building to be razed and the site combined with other components to create a larger assemblage for a mixed-use condominium project. Peter Hauspurg, Chairman and CEO, and Brian Ezratty, Vice Chairman and Principal, exclusively represented the seller, a family-owned entity that has owned the building since the mid-1980s. Ezratty also procured the buyer. The analyst for the offering was Gary Meese, Senior Director of Financial Services. “This prime corner property will be part of a larger assemblage that will include additional development rights from adjacent property owners,” Ezratty said. “The demand for development sites like this speaks to the continued strength of Manhattan’s condominium market, particularly on the Upper West Side where condos are trading for well over $2,000 per square foot.”

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