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IPRG
- 45 Broadway 29th floor, New York, NY 10006

Real estate agency ★3.0

45 Broadway 29th floor, New York, NY 10006, USA

3.0
This brokerage firm has no ethics.They shut down a neighborhood bodega that stood for 17 years…for money. Seventeen years of community, gone. Just like that.They, along with greedy landlords, are gutting this city. Piece by piece. What was once alive, loud, full of character is now turning into some soulless playground for the rich.Generic. Sterile. Boring.No culture. No roots. Just overpriced coffee and glass boxes. - Sam Vidal
IPRG Overview Intro Services Photos Location Reviews

IPRG Introduce

In the complex and dynamic landscape of New York City real estate, different firms cater to very different client needs. IPRG, or Investment Property Realty Group, is a prominent entity that specializes not in helping individuals find their next home, but in the highly specialized and intricate world of commercial real estate investment sales. Located in the heart of the Financial District, IPRG is a brokerage and advisory firm that works with real estate investors and developers, focusing on transactions that shape the city’s portfolio of commercial assets. The firm’s business model revolves around assisting clients with the disposition and acquisition of investment properties, providing strategic guidance and market expertise to facilitate high-value transactions. For New Yorkers interested in this facet of the real estate market, understanding the full scope of a firm like IPRG requires a look at both their stated business objectives and the various public sentiments that surround their operations.

Unlike a traditional real estate agency that serves residential buyers and sellers, an investment sales brokerage operates on a different scale, with a different set of clients and priorities. Their work often involves large-scale, multi-million dollar deals that influence the character of neighborhoods across the city. This specialization means that the services they offer are tailored to meet the needs of a sophisticated clientele of real estate investors, ranging from individual real estate investors to large-scale institutional funds. The company's track record and public profile are built on its ability to navigate these complex deals, providing insights and strategic advice that maximize returns on investment. For anyone looking to buy or sell a commercial or investment property in New York, a firm like IPRG represents a key player in the market, one that is highly focused on a specific type of transaction and a specific kind of client.

The location of a business can often provide insights into its focus and clientele. IPRG is situated in a highly strategic and prestigious location at 45 Broadway on the 29th floor, in the heart of New York’s Financial District. This address places the firm in a hub of global finance and commerce, surrounded by other major businesses and financial institutions. The building itself is an impressive high-rise office tower that offers a professional environment. The location is exceptionally accessible via public transportation, which is crucial for clients who may be traveling from various parts of the city or beyond. The area is well-served by numerous subway lines, including the R, W, 4, 5, J, and Z trains, making it one of the most well-connected neighborhoods in the city. The proximity to Wall Street, the World Trade Center, and other major landmarks underscores the firm's focus on high-stakes, commercial investment properties. This central location provides IPRG with a strong presence in the market and a professional base from which to conduct its business operations.

IPRG offers a comprehensive and specialized array of services that are focused entirely on the investment and commercial real estate market. This extensive list highlights their capabilities in nearly every facet of the commercial property transaction cycle, from the initial stages of a deal to its final conclusion. Their offerings are clearly designed to serve investors and property owners with complex portfolios and specific financial goals. The full list of services includes:

  • Property auctions
  • Real estate development
  • 1031 Exchange
  • Commercial Real Estate
  • Disposition And Acquisition
  • Exclusive Representation
  • Investment Brokerage
  • Investment Properties
  • Investment Sales
  • Market Insights
  • Market Reports
  • Properties For Lease
  • Properties For Sale
  • Property Valuation
  • Property Valuations
  • Real Estate Company
  • Real Estate Investment
  • Real Estate Investor
  • Real estate strategies
  • Retail Leasing
  • Sales And Leasing
  • Sales Brokerage
  • development site property sales
  • mixed-use property sales
  • multifamily property sales
  • real estate investment sales

The firm’s approach to the market is defined by a few key features that are central to their business model. They highlight their expertise as investment brokers who provide strategic guidance to navigate the sales and leasing processes. Their own materials emphasize a strong track record, with over a thousand properties sold and billions of dollars in sales volume. This track record is a key part of their value proposition to clients. They also highlight their in-depth, "block by block" knowledge of the New York City investment market, which they claim allows them to provide transparent and accurate property valuations and to strategically market properties to maximize return on investment. The firm operates with a team-based model, which they say is designed to give clients an advantage with a "strength in numbers" approach and a culture of collaboration. For clients looking to sell, their focus is on getting the highest possible price in the shortest amount of time. For those looking to acquire, they use their market knowledge to identify and secure the best investment opportunities.

However, the public narrative around IPRG is not exclusively defined by these claims. The provided public review presents a very different perspective on the firm's impact on the city. This review, which states, "This brokerage firm has no ethics. They shut down a neighborhood bodega that stood for 17 years…for money. Seventeen years of community, gone. Just like that. They, along with greedy landlords, are gutting this city. Piece by piece. What was once alive, loud, full of character is now turning into some soulless playground for the rich. Generic. Sterile. Boring. No culture. No roots. Just overpriced coffee and glass boxes." This sentiment represents a strong critique of the business, claiming that its commercial focus and transactions have a negative effect on the character and culture of New York neighborhoods. This perspective is a crucial piece of public information for anyone to consider, as it highlights the tension that can exist between investment-driven real estate development and the preservation of community character in a city like New York. The review serves as a powerful counterpoint to the firm's focus on profitability and strategic investment, suggesting that these business practices can come at a cost to the community.

For more information, you can contact IPRG using the information below:

Address: 45 Broadway 29th floor, New York, NY 10006, USA

Phone: (718) 360-8801

Mobile Phone: +1 718-360-8801

What is worth choosing about IPRG depends entirely on the client and their goals. For real estate investors, developers, and those focused on commercial properties, the firm offers a highly specialized set of services with a documented history of large-scale transactions. Their expertise in areas like 1031 Exchanges, property valuations, and investment brokerage can be invaluable for clients whose primary goal is to grow their commercial portfolio and maximize financial returns. The firm's specialization in multifamily, mixed-use, and development site properties means they possess a deep and focused understanding of these specific market segments. However, a potential client must also be aware of the critical feedback present in the public record. The review highlights a significant ethical consideration that is often tied to large-scale real estate investment in New York City—the potential impact on existing communities and the displacement of long-standing businesses. In a market as competitive and complex as New York, choosing a real estate partner requires an awareness of all available information, including both a firm's professional track record and the social or ethical critiques it may face. For the specific needs of an investment-focused client, IPRG provides a powerful suite of tools and a clear track record, but the decision to engage with them also involves a consideration of the firm's public reputation beyond its financial successes.

IPRG Services

  • Real Estate Agency

  • Property auctions
  • Real estate development
  • 1031 Exchange
  • Commercial Real Estate
  • Disposition And Acquisition
  • Exclusive Representation
  • Investment Brokerage
  • Investment Properties
  • Investment Sales
  • Market Insights
  • Market Reports
  • Properties For Lease
  • Properties For Sale
  • Property Valuation
  • Property Valuations
  • Real Estate Company
  • Real Estate Investment
  • Real Estate Investor
  • Real estate strategies
  • Retail Leasing
  • Sales And Leasing
  • Sales Brokerage
  • development site property sales
  • mixed-use property sales
  • multifamily property sales
  • real estate investment sales

IPRG Photos

IPRG Picture 1

IPRG Location

IPRG

45 Broadway 29th floor, New York, NY 10006, USA

IPRG Reviews

An average rating of ★3 from 2 user reviews.★ 5★ 4★ 3★ 2★ 1

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