March

Siegel and Weisman of Grubb & Ellis broker Halcyon and Cardinal's $97.5 million purchase of three buildings in Manhattan: 172,500 s/f Cogswell Realty's Stern, Stapleton, Sarner and Jacobs lease 480,708 s/f at 25 Beaver St.; Piedmont Office Rlty. signs five-year lease Bromberg and Edelkopf of Bluestone Rlty. sells 16-unit Brooklyn building at 250 Adelphi St. in Fort Greene neighborhood for $3.285 million The Kaufman Org. handles five leases totaling 11,255 s/f with Mclaughlin of Capstone Rlty. and Klosowski of Manhattan Comm'l. Rlty. M&R Management breaks ground on $25 million project in Brooklyn; team includes JRK Development Grp., Karl Fischer Arch., Glickman Eng. SL Green and Prudential Real Estate honored with Pinnacle Award from BOMA for 825,815 s/f redevelopment project at 100 Park Ave. Nelson and Lala of Massey Knakal rep. seller in $2.7m sale in Eastchester; Goldschmidt of Goldschmidt & Associates and Forgione act for buyer Miceli of Largo R.E. Advisors arranges $6.65m for 107-unit multifamily property in West Seneca; 10-year fixed-rate loan secured Bassalali and Nassimi of RMB Properties broker $60 million sale of 215,000 s/f office building; 156 Williams St. sold to Capstone Equities Polsinelli and Portelli of Besen handle $5.95 million sale of four-story walk-up at 40-30 73rd St. in the Woodside neighborhood of Queens Ciraulo of Massey Knakal Realty Services and Nickman of Bellmarc West, LLC collaborate to sell 5,000 s/f retail condominium for $2.65m Friedman of Pliskin Rlty. broker two sales totaling $1.75m: 4,000 s/f in Deer Park for $925,000, Floral Park property trades for $825,000 Lighthouse Real Estate Ventures completes three transactions totaling $246.6 million for properties in Manhattan, Franklin Sq., and Westbury Metropolitan Realty completes leasing at Jericho Atrium totaling 18,567 s/f; Rousso of Real Estate Strategies negotiated with tenants Dynabil to expand facilities in Greene Business and Technology Park- $6 million investment; Project received $1.15 million in grant funding Schenectady Industrial Development Agency approves $6.6 million in bonds to construct 24,000 s/f facility for Union Graduate College CPC provided $5.372m loan, N.Y.C. Dept. of Housing Preservation and Dev. furnishes $3.46m financing for 125-unit Pleasant East renovations Bruck of Time Equities, Inc. completes six mortgage placements totaling $41.51 million; includes $8 million secured by 49-unit property Campbell, Fenster and Rock of Carlton Advisory Svcs. finance $92m office property at 511-541 West 25th St., Manhattan for Cardinal Inv. Grp. Friedman of Pliskin Realty & Dev. brokers $1.8 million sale of 5,000 s/f office building; Krush of R.E. Strategies represented the seller Ashlind Props. completes eight transactions totaling 261,890 s/f: Includes 81,000 s/f sublease for Air Industries at 110 Plant Ave. in Hauppauge FirstLight Power Resources to begin construction of $700m power plant project; Empire Generating, based in Rensselaer, is the owner Crocker of Prudential First Properties handles $1.788 million sale of 16,000 s/f building; The retail property in Syracuse sold to 727 LLC Greiner-Maltz completes $40.6m sale of 300,000 s/f Standard Motors Bldg.; Handled by Richard and John Maltz, Baio, Junik, and Blum Laginestra, Geoghegan, Lehman and Hirschhorn of CBRE work with Glickman, Stacom, Chudnoff, Liebersohn and Biasotti of C&W for 156,000 s/f HOK NY completes 54,000 s/f museum complex for $25m; Wild Center/Natural History Museum of the Adirondacks earns LEED-Silver Steiner NYC chooses GreenbergFarrow to design 114-unit condominium and townhouse development; 80 Metropolitan to be ready in early 2009 Handel Arch. celebrates opening of $66.3m Natatorium and Ice Rink; team includes Kevin Hom + Andrew Goldman Arch., Flack + Kurtz