Residential brokerage powerhouse Halstead Property announced today it has launched an investment sales division to broker commercial real estate deals. The division will be headed by John D. Goldman as managing director and will be headquartered at 770 Lexington Avenue.
Mr. Goldman comes from Murray Hill Properties, where, according to a Halstead release, he sold over $100 million in Manhattan buildings and development sites.
It's not the most auspicious time to be delving into investment sales: 2008, because of the Wall Street collapse and the tighter credit markets, is shaping up to be a comparatively paltry year for Manhattan investment sales. Still, opportunities abound, especially in the mid-range market. read more »