Schechtman, Kassin & Lieberman of Meridian sell 2,200 s/f retail condo – $6.5M; Developed by Sumaida + Khurana
Manhattan, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a retail condominium in the Lower East Side for $6.5 million. Senior executive managing director, David Schechtman, and managing directors,
Bronx, NY Josh Goldflam, co-founder and principal of Highcap Group, with associates Lou Corti, Guy Vardi, and Andrew Tamayo, have arranged the $3.95 million sale of 1746 Andrews Ave. South. The seller was Andrews Development Corp.
Question of the Month: What are the top three reasons why I should supplement my insurance claim? - by Maia Gilman
You have a repair or restoration project that has come about as a result of an insurance claim and that will set the tone for all future renovation work. Don’t tie your hands and limit your future opportunities by not having a vision in place for the future of your building.
Klein, Findlay and Ferrer of HFF arrange $32 million refinance; Placed for Hidrock through Ladder Capital
Manhattan, NY Holliday Fenoglio Fowler, L.P. (HFF) and Hidrock Properties has closed on the $32 million refinancing for 35 West 36th St., a 12-story, 77,880 s/f office building in the Garment District. HFF placed the three-year, floating-rate loan
Marcus & Millichap brokers two Brooklyn sales totaling $3.48M; Includes a $2.5M sale by Riney and Greenblatt
Brooklyn, NY According to John Horowitz, first vice president - regional manager of the Marcus & Millichap’s Brooklyn office, the firm has arranged two sales totaling $3.48 million. The deals include the following: The $2.5 million sale of 151 Quincy St.
Appel, Schwartz, Diaz and Cotter of JLL Capital Markets secure $66.7 million loan at 141 East Houston Street
Manhattan, NY JLL Capital Markets experts have completed a $66.7 million loan to finance the construction of 141 East Houston St., a class A, 63,000 s/f office building. The group worked on behalf of East End Capital and K Property Group LLC