FINANCED
LANDLORD
Bernstein Real Estate Secures $23M Refinance Loan For Chelsea Multifamily Property
MultiFamily$422 PPSF54.4K sqf
LEASED
BROKER
LIM College Leases School Space At 216 E 45th St, New York
School60K sqf
+ 3
Vincent Terranova
President at Bernstein Real Estate
$23M
Financed
2
Closed
114K
Area
About
He has a confident air, but waits for you to speak first, preferring to listen. A very un-real estate style for a real estate broker, the reason Asher Bernstein hired him in 1985 and made him a partner in 1992. Looking back this was a great fit. Vince saw Asher shifting gears, moving forward in a company, then 60 years old, in a city that was changing. He saw opportunities and both shared the same vision. Bernstein Real Estate is centered in North Chelsea. It was home to couture studios and designer workshops in properties that had been built in the 1920’s by founder and patriarch, Alex A. Bernstein. By the mid 80’s, this market was changing. Vince recognized that a new commercial demographic was emerging. He proceeded to reconfigure the spaces and diversify the tenancy, from tech startups to media companies to law firms. Creative existing side-by-side with institutional firms. This was an extraordinarily successful strategy that has sustained a 97% occupancy rate for Bernstein for many years. They were never impacted by the great recession. Presently Vince oversees all areas of management, leasing and operations. In conjunction with Messrs. Bernstein, Vince has been... Read More
Member since: November 2023