BRG invests with solar
"...after spending $1.7 million to install solar systems on nine rental buildings in the Bronx, Brooklyn and Queens, Daniel Benedict, the founder of Benedict Realty Group, estimated that the investment will have paid for itself in about five years." http://www.nytimes.com/2016/10/02/realestate/is-new-york-ready-for-solar-power.html https://www.dnainfo.com/new-york/20161011/jackson-heights/solar-energy-tips-rent-own-apartment-condo-co-op-nyc
Surfside, FL
"About nine months after acquiring a prime retail spot in Surfside for $18 million, Benedict Realty Group flipped the property for $25 million... The deal breaks down to $997 per square foot for the building and $1,086 per foot for the land." http://therealdeal.com/miami/2016/09/15/new-yorker-flips-surfside-retail-building-for-25m/
