News: Spotlight Content

April

Klein of Kalmon Dolgin arranges sale of 35,000 s/f development parcel located at 580 Union Ave. in Brooklyn; transaction valued at $20m Zach and Farchi of Itzhaki Properties collaborate for $19 million sale of 30,000 s/f, 176-182 West 82nd St. in Manhattan; Zach reps. seller Enecon breaks ground on 26,000 s/f, $3.795 million manufacturing facility project at 6 Platinum Ct., South Silver Industrial Park in Medford Schneiderman of NAI Friedland leases 40,000 s/f industrial building at One Hughson Rd. in Carmel; property built by Palumbo Bros. Maffettone of Prudential CRES brokers $3.825m sale of 4.14 acres in Commack for Velocity at Greystone; 79-unit bldg. designed by Newman Horst Design Int'l. completes 6,000 s/f restaurant in Woodbury Village; Nisen Sushi featuring one of Long Island's largest Saki collections Harbor Construction Mgmt. to complete North Shore Professional Ctr.; team includes McClave Eng., R. Shatarah Consulting Eng., TPG Arch. Abudi and Suissa of GFI represent seller, Pikus of Millbrook Properties, in $60m sale of three, six-story buildings totaling 153,786 s/f Chasanoff, Freedman and Jinishian of GVA Williams reps. seller, Beech Haven Corp. in $57m sale of 35,000 s/f building; The LeFrak Org. is buyer TreeTop Dev. completes $7.95m sale of Triangulum in Brooklyn to The Dermot Grp.; Jungreis and Davidson of Rosewood Rlty. were brokers Crystal Window & Door Systems named 2007 Outstanding Minority Business by National Minority Business Council at annual luncheon Muss of Muss Dev. handles $54.5m purchase of 64 West 48th St.; Lauzon of C&W is excl. office leasing agent, Nero of CBRE to market retail United Hebrew Geriatric Center celebrates topping off of 143,000 s/f New Rochelle nursing home; Perkins Eastman is architect, Andron is CM Aries of Urstadt Biddle handles $2.275m acquisition of two retail properties from JPMorgan Chase Bank in Briarcliff Manor and Scarsdale Swig Equities completes repair and restoration of coppered eagle cupola at 324,000 s/f 48 Wall St.; team included GACE, Hoffmann Architects Pergolis, Swartz, Tobin, Volpe and Solinsky of Pergolis Swartz arrange a total of $85.425m; includes a $24 million mortgage by Pergolis Hartman of Wrightwood Cap. structures $15m construction loan for condo building in Manhattan; sourced by Spinner and Shapiro of Meridian Cap. Stewart and Morris of Cronheim Mortgage arrange $30m for Southgate Shopping Ctr.: 139,827 s/f retail center financed with 7-year loan Wachtler Knopf Equities named managing and leasing agent for 250,000 s/f office complex; renovations are planned for the Sterling Equities property Martocci and D'Arcy of M&T Bank and Wildauer of Apollo finance $163.5m loan for the 1.2 million s/f Verizon Building in Manhattan Shkury and Sozio of Massey Knakal sell two buildings totaling $10.5m; Modell of ABS Realty reps. buyer in sale of 647-53 West 174th St. GE Cap. loans $6.3m to True North Development for hotel; 7-story property to be converted into 106-room Town Pl. Suites by Marriott Jeffrey Dunne of CBRE named the firm's top producing investment properties broker worldwide; Dunne and his team closed $4.2b in 2007 Aragon Const. completes 5,700 s/f build-out at 520 East 20th St.; Aragon collaborated with S.M. Berger Arch. and Cetra/Ruddy Agha of Largo completes $6.94m in financing for five multifamily properties including Almar, Northbridge, Silver Lake, and Village Cove NorthMarq completes $29m in financing for developers in Upstate; transactions include $14.9m for two multifamily properties by Berns Shu of Marcus & Millichap Real Estate completes $6.1m shopping center sale in Queens; the 13,515 s/f property was sold by Slope Realty Co. Cooper-Horowitz recently completed a total of $44.05 million in financing; includes an $8.45 million loan by Jeffrey and David Horowitz
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NYREJ's 2026 Developing Long Island Spotlight Participation Options

This special section will feature projects completed within the past six months as well as projects that are currently under construction across Long Island, submitted by developers, general contractors, construction managers, and architectural firms. 
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Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

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