February

Kennedy of the Largo refinances $5 million for 75-room Comfort Inn & Suites; the four-story hotel is located at 7 Northside Dr. in Clifton Park Fanuzzi, Waterman and Frey of NKF reps landlord, W&H Properties in 30,000 s/f lease; Liss of CBRE acts for tenant, Océ USA Holdings Cubellis celebrated for outstanding design and innovation for 10,000 s/f Timberland Apparel project; team includes Robert Derector Assoc. Putterman and Thomas of Cohen & Co. broker $30m sale of 240,000 s/f shopping center; Shop City purchased through a 1031 exchange Schneider and Glaser of Eastern Consolidated handle $7.25 million sale of retail/residential property in Manhattan; Ortiz of EC procured buyer Ramos and Lau of Berko & Assoc. negotiated sale of 3400-3408 Jermone Ave., Bronx for $4.735m; 9,280 s/f strip anchored by Chase Bank The Richman Group celebrates grand opening of $23m Croton Heights Apartments, a new rental community; Landex Corp. is property manager The Brodsky Org. tops out Chelsea Enclave at 177 Ninth Ave. in Manhattan; the low-rise condop is located between 20th and 21st Sts. Philips International begins renovation on 45,330 s/f office condominiums in Valley Stream; designed by Stumer of Mojo Stumer Associates Tepedino, Brome, Morningstar and Scandalios of HFF complete $94m refinance of Riverbank West; Cornerstone R.E. acts as advisor Barile and McArdle of NorthEast Community Bank originate loans; Edery of Paradigm Funding and Rochlitz of Meridian Capital assist Fed. Home Loan Bank of NY awards $1.422m for Brooklyn construction/renovation projects; applications by Giarusso of M&T Bank LCOR secures $69m const. loan with Bassuk of Singer & Bassuk acting as mortgage broker; 142-unit project team includes Perkins Eastman Von Der Ahe and Koicim of Marcus & Millichap close $3.85 million sale; Edelstein, Von Der Ahe and Koicim close second sale for $2.8m CPC closes $5m loan for 455-unit Executive Towers in the Bronx; the Freddie Mac loan was supplemental second mortgage to fund improvements Meridian Capital arranges $55.1 million in financing for Avalon Commons; Hirsch negotiated with local lender for 312-unit complex Leonard Primack Associates arranges $1.09 million refinancing with Paul Utah, LLC for a four-unit shopping strip located in Hicksville CM & Associates guides $30 million Fifty Franklin project to completion, 72-unit building designed by Rawlings Architects Meltzer/Mandl Architects completes 116,000 s/f mixed-use complex at 75 Smith St. in Brooklyn; Project team includes DreamPix Design Goad of Goad RE represents Milio Rlty. for $2.5m acquisition; Pru. Rand reps seller and Houlihan of HP/iCap arranges $1.875m Savitt of Savitt Partners negotiates 37,000 s/f lease renewal at 530 Seventh Ave. for the building owner, Savitt as well as the tenant, Chaus Inc. Propper of Pyramid brokers $3.7 million sale of Riverside Plaza in cooperation with Cushman & Wakefield's Capital Market Group Finn and Van Der Bogart of CBRE/Syracuse sell 84,800 s/f building located in New Hartford for buyer, St. Elizabeth's Medical Center Betts of CPC arranges $9.2 million Freddie Mac loan for 20-acre multifamily property in Wilton; Amato of Amato Financial assisted E.W. Howell Co. completes $20 million Greenburgh Library project; 45,000 s/f building expansion designed by Beatty, Harvey & Associates URS Corp. selected as construction manager for $30 million Simons Center; 39,000 s/f academic bldg. designed by Perkins Eastman B.R. Fries & Associates' NBC University World News Headquarters wins IFMA Award; 150,000 s/f at 30 Rockefeller Plaza designed by TPG DIA/WRKS completes design on 2,000 s/f store; team led by Cazazian and Connolly, designed and met approval within 30 days