July

Luther Forest Technology Campus EDC completes the $7.805 million sale of 223 acres to GlobalFoundries to build Fab 2 in Malta and Stillwater Landau, Vegh and Pershin of GFI Realty Services broker sale of 1150 President St. for $1.05 million; four-story walk up contains 16 units NYS Affordable Housing Corp. and the State of New York Mortgage Agency approve $35.8m in financing to build/renovate 669 housing units Axiom Realty Advisors close five transactions totaling $448.15m; includes an $18.4 million permanent mortgage for Weibel Plaza Houlihan and Greenspan of GHP reps. owner while Cuddy and Donohue of CBRE acts for the tenant for 27,236 s/f at the Red Oak Corp. Park New York City acquires 30-acre Hunter's Point South parcel in Long Island City for $100 million from Empire State Development Corp. Von Der Ahe and Edelstein of Marcus & Millichap arrange public sale of two mixed-use buildings; 100% membership interests sold for $4.9m Metro Loft Management selects CDE to modernize amenity spaces located at 20 Exchange Place; Cangelosi of CDA designed the spaces Berns of NorthMarq Capital negotiates $4.6 million in financing; Ranieri of NorthMarq Capital arranges $1.5 million for multifamily building Efrati of Itzhaki Properties represents both buyer and seller in $1.8m sale of a two-story building located at 3154 Steinway St., Queens Greenspan of Kaufman Org. and Grand of 575 Broadway Associates secure 23,000 s/f lease; Kaufman also inks five leases totaling 20,174 s/f Levy and Schwartz of Adams & Co. broker two leases totaling 19,548 s/f; Schoen of Savitt assisted in a 12,582 s/f lease to Castlewood CBX completes new store layout for Sunoco's APlus store; CBX was retained to better position upgraded foodservice areas and in-store materials Community Access and Alembic Development Co. break ground on $37 million project designed by Peter L. Woll Architect P.C. Historic Districts Council honors 405,000 s/f Bronx landmark, The BankNote, with 10th Annual Grassroots Preservation Award R&B Development tops off 22-story boutique hotel; 66-room property was designed by C3D Architecture, to be completed in early 2010 Citadel Construction completes 65,000 s/f flagship location for Wurk Environments at One Astor Plaza; team includes Swanke Hayden Connell Sioni of Sioni Partners brokers $3.625 million sale of six-story elevator building located in the Bronx at 1275 Edward L. Grant Highway Seherr-Thoss of FirstService Williams negotiates 153,405 s/f lease renewal; Jaccom, Freedman, Plehn and Plakopita of FirstService assisted NorthMarq arranges $11.385m loan for 209-room Sheraton L.I. Hotel; financing structured by McGlynn of Washington DC office Onyx Equities completes 37,224 s/f lease renewal at Two Jericho Plaza for Deloitte; Nugent and Ruiz of CBRE represented the tenant GHP renews 18,256 s/f for Network Recovery Services at 3 Expressway Plaza; Corporate headquarters is at the 150,000 s/f, four-bldg. campus Stark of Ciminelli brokers $2m sale of 20,120 s/f One John James Audubon Pwy. in Amherst; sold to The Exigence Grp., represented by Savarino Club at Briarcliff Manor closes on sale of 59 acres; $300 million project to be developed by Integrated Development Group Agha of Largo arranges $3m for a 106-unit apartment complex; Phillips of Largo secures a $1.8m first mortgage for a 14,459 s/f building Blythedale Children's Hospital begins new chapter with groundbreaking of $63.5 million project; team includes Bovis Lend Lease Platinum Properties enlists leading contemporary design company, domus design collection, to create 4,327 s/f office space at 30 Wall St., Manhattan Horst Design Int'l. creates 4,000 s/f marine environment for showroom; luxury showroom in downtown Syracuse for Lakeland Boatworks