New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Uptown/Bronx  | 

While New York Pauses, Nelson Team Moves Ahead

While New York State has been on pause, Avison Young’s Tri-State Investment Sales (TSIS) group has moved ahead—closing deals, launching new assignments and hosting webinars for clients.

“Since our team began working from home in mid-March, we’ve closed three property sales, put two properties into contract and begun marketing two new listings,” said James Nelson, head of the TSIS group.

The closed deals include the $28.712-million sale of a retail condominium at 1683 Third Ave. on the Upper East Side; the $16.75-million sale of 177 Franklin St. in TriBeCa; and the $10.2-million sale of the leasehold interest at 286 Lenox Ave. in Harlem.

Nelson’s team relied on technology to introduce two properties in April. “Since investors aren’t able to tour properties during the shutdown, we produced videos for both of these new offerings and posted them to social media, websites and emails,” Nelson said.

During New York State on Pause, Nelson has mastered another technology, the webinar, having hosted five informative sessions for clients that attracted nearly 1,500 participants.

Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With Avison Young’s Nelson

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).