New York City - March 24-6, 2015

Consistently building for the future in real estate
Making a start in the real estate industry is challenging. New real estate professionals enter a dog-eat-dog world- particularly in NYC - and are asked ...

Greystone hosts broker event for grand opening of Waterbridge 47
Greystone, a real estate development and financial services group, hosted a broker event to mark the grand opening of the sales gallery for Waterbridge 47, ...

Cohen, Baxter, Caplan, Latham and Gold of JLL rep Savanna in 576 Fifth Avenue sale
Savanna has sold 576 Fifth Ave. to Michael Miller, Brandon Miller and Mark Seigel of Real Estate Equities Corp. Yoron Cohen, Richard Baxter, Jon Caplan, ...

Madison Realty Capital acquires 29 Ryerson in Brooklyn for $45 million
According to Joshua Zegen, co-founder and managing member of Madison Realty Capital (MRC), the firm has acquired 29 Ryerson St. for $45 million, a vacant ...

Sasson and Tapper of Eastern Consolidated broker Quinlan and BLT acquisition
Quinlan Development Group, LLC (Quinlan) and Building and Land Technology (BLT) have acquisition of 41 Flatbush Ave., currently a self-storage facility. The partnership plans to ...

Toll Brothers City Living closes on two properties
Toll Brothers City Living, the urban development division of Toll Brothers, Inc., has closed on two new properties adding to their pipeline of new development ...

Shafran and Fierro of Citicore represent Dalan Management in $36 million acquisition of two Midtown South office properties
Dalan Management paid $36 million for two Midtown South office properties comprised of 22 full-floor office lofts and ground-floor retail space as part of a ...

Gosin, Waterman, Kesseler and Bedevian of NGKF represent ownership in 22,725 s/f lease to TEI Group at The Factory
According to Newmark Grubb Knight Frank (NGKF), elevator solutions company TEI Group will be relocating its corporate HQ in a 22,725 s/f lease at The ...

Berger and Sillverman of CBRE arrange $18.7 million sale of 140-unit multifamily in the Bronx
CBRE Group, Inc. has arranged the sale of 1420 Grand Concourse, for $18.7 million. The 140-unit multifamily building has the highest recorded price per unit ...

TerraCRG retained to sell 85 Third Street in Gowanus/Carroll Gardens
TerraCRG has been retained as the exclusive agent for the sale of 85 Third St. in Gowanus/Carroll Gardens. Located between Bond St. and Hoyt St., the ...

Slate Property Group and Avenue Realty Capital acquire 401 East 50th Street for $13.95 million
Slate Property Group and equity partner Avenue Realty Capital (ARC) have acquired a mixed-use apartment building at 401 East 50th St. in the Sutton Place ...

Posniak of ESRT and Cohen, Tootell and Ursini of NGKF represent landlord in 78,000 s/f lease to HNTB Corp.
HNTB Corporation has leased three full floors, totaling 78,000 s/f, at the Empire State Building, according to landlord Empire State Realty Trust, Inc. (ESRT). The tenant, ...

Chkheidze and Martin of Cushman & Wakefield retained to sell 5001-5009 27th Street in Queens
Cushman & Wakefield has been retained on an exclusive basis to sell a property at 5001-5009 27th St. The property is located between 49th and ...

Nelson, Levine and Kimyagarov of Cushman & Wakefield arrange $18.25 million sale of 327 East 101st Street
The residential portion of a newly-constructed elevator building, located at 327 East 101st St. between First and Second Aves. in East Harlem, was sold in ...

04-30-2015 - Frazier of Meredith Corp. and Hiscoe of Shawmut to be honored at Rebuilding Together NYC's 2015 Coming Home Gala
According to Rebuilding Together NYC (RT NYC), its 2015 Coming Home Gala will be held on Thursday, April 30th from 6 to 9 p.m. at ...

Steinberg, Schultz, May amd Malitz of Lee NYC chosen to market 34-30 Steinway Street
Managing director/principal Garry Steinberg, director Jaime Schultz, director Stephen May, and associate Adam Malitz of Lee & Associates NYC LLC (Lee NYC) have been awarded ...

Eastern Consolidated brokers $21 million sale of 71-13 60th Lane in Ridgewaao, Queens
Eastern Consolidated has arranged the sale of 71-13 60th Ln. in Ridgewood, for $21 million. Eastern Consolidated exclusively represented the seller, Bonjour Capital, and procured ...

Early of Oak Grove Capital arranges $82 million refinancing for 33 West End Avenue Apartments
Oak Grove Capital, a leading national provider of real estate financial services, has arranged refinancing for 33 West End Ave. Apartments, a 211-unit, mixed income ...

Seidenfeld of Eastern Union brokers $20 million loan for ground up construction of 99 Morningside Avenue
Eastern Union Funding arranged a $20 million loan for ground up construction on 99 Morningside Ave. on behalf of Azimuth Development Group LLC. Eastern Union's ...

Wolfer of Kennedy Funding places $3.2 million loan backed by $15 million condo
Kennedy Funding Financial LLC has arranged a $3.2 million loan backed by a $15 million penthouse condominium, according to Gregg Wolfer, COO of the Englewood ...

Anderman of Meridian Capital negotiates $310m in CMBS financing for two adjacent office/retail props.
Meridian Capital Group has negotiated a $310 million CMBS loan for the refinance of two adjacent office and retail properties spanning a full block on ...

Houlihan of Houlihan-Parnes structures $4.774 million first mortgage
James Houlihan of Houlihan-Parnes Realtors, LLC structured the refinancing of a $4.774 million first mortgage on the 12,000 s/f one-story retail building located at 4174 ...

National Cooperative Bank originates 15 New York area loans totaling $34 million
National Cooperative Bank (NCB) has originated $34 million in new loans during February for 15 New York area properties, according to Edward Howe III, managing ...

GCP Capital Group arranges 15 deals totaling $367.54 million
GCP Capital Group LLC has arranged mortgage financing in the amount of $367.54 million for the following 15 properties: * $198.5 million for a portfolio of ...

Emerald Creek Capital funds seven loans totaling $21.3 million; Includes a $7.2 million loan arranged by Cleaver
Emerald Creek Capital (ECC) has funded seven loans totaling $21.3 million during the first quarter of this year. Of the seven loans, three were secured ...

Cotsalas of NorthMarq secures $3 million refinance of 18,523 s/f retail property
Charles Cotsalas, senior director of NorthMarq Capital's New York metro based regional office secured the $3 million refinance of Mangreen Properties, an 18,523 s/f retail ...

Schmuckler of Meridian arranges $11 million in financing for three properties
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, arranged a total of $11 million in financing for the sponsor-owned shares ...

Shelby and Sabesan of Meridian negotiate $30 million to refinance mixed-use property
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, negotiated a $30 million loan for the refinance of a mixed-use property ...

Gallucci joins Colliers International as executive director
Continuing to steadily expand its diverse brokerage team in New York, Colliers International has hired Robert Gallucci as executive director. At Colliers, Gallucci will focus ...

NHCohen Partners and Herrick, Feinstein LLP form strategic alliance
Real estate investment firm NHCohen Partners LLC and Herrick, Feinstein LLP, a leader in commercial real estate law since 1928, have formed a strategic alliance ...

04-16-2015 - CoreNet Global New York City chapter to host 2015 Annual Dinner
The New York City Chapter of CoreNet Global will host their 2015 Annual Dinner at The American Museum of Natural History. The event will take ...

Seidman of Meridian Capital Group arranges $14 million loan to refinance Gowanus flex office property
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, negotiated a $14 million loan for the refinance of a flex office ...

National Cooperative Bank originates $34.3 million in new loans in January for 13 New York area properties
According to Edward Howe III, managing director of National Cooperative Bank (NCB), a leading lender to cooperative housing throughout the tri-state area, the bank originated ...

Eyn and Kabla of Platinum Properties broker $16.995 million building sale; Reps seller, AD Real Estate, and buyer of 167 Mott Street
Platinum Properties (www.platinumpropertiesnyc.com), a New York-based full service brokerage firm, it has completed the $16.995 million sale of 167 Mott St., a 17,600 s/f, seven-story ...

Shafran of Citicore arranges $13.3 million sale of 14,750 s/f development site on the Upper West Side
The seller of a 14,750 s/f Upper West Side development site almost lost out on millions of dollars because the owner previously sold part of ...

HFF closes $98.25 million sale of and arranges financing for The Nathaniel
HFF has arranged the sale of and financing for the $98.25 million acquisition of The Nathaniel, an 85-unit multi-housing building with ground floor retail in ...

Kadosh and Trock of CBRE complete $51 million sale
CBRE Group, Inc. represented Acadia Realty Trust and O'Connor Capital Partners in Acadia's $51 million purchase, through its fund platform, of a mixed-use retail, office ...

Busi promoted to CEO, global valuation & advisory at Cushman & Wakfield
According to Cushman & Wakefield (C&W), John Busi has been promoted to CEO, global valuation & advisory (V&A). Busi, who was named global head of ...

Polsinelli and Lieberman promoted by Eastern Consolidated
As part of its continued growth and expansion, Eastern Consolidated has promoted both Adelaide Polsinelli and Lipa Lieberman to managing director and principal. These promotions ...

Sarn rejoins CPEX Real Estate as an associate director
Lawrence Sarn has rejoined CPEX Real Estate as an associate director on its multifamily investment sales team. Sarn originally was with CPEX when the company ...

CoreNet New York City City hosts "Resiliency: Are you Ready for the Next Superstorm?"x
The New York City Chapter of CoreNet Global hosted a program entitled "Resiliency: Are you Ready for the Next Superstorm?" which was held on Wednesday, ...

CBRE tops CoStar's 2014 Manhattan office leasing list for 18th consecutive year
CBRE Group, Inc. has topped the year-end Manhattan office leasing list of biggest deals for the 18th consecutive year, having been responsible for 25 of ...

AIA New York selects 2015 Design Award Winners
NEW YORK CITY, NY On March 9th, seven eminent architects, landscape architects, educators, critics, and planners convened at the Center for Architecture to select the ...

Consolo of Douglan Elliman speaks at "15 Women to Watch in Real Estate" gala
More than 240 guests attended the gala celebration of "15 Women to Watch in Real Estate dinner and presentation hosted by Sokol Media, publisher of ...

South Bronx development gains momentum in 2014; Demand expected to continue rising
Investments in development sites in the Bronx jumped 88% in 2014 from the previous year to $129.7 million over 40 transactions comprised of 73 development ...

Brooklyn continues to outshine its borough counterparts in commercial and residential dev.
It is no secret that in 2014 the sales market hit an all-time high, surpassing the previous market peak from seven years ago. With a ...

The Queens multifamily market: By the numbers - record breaking data
Last year we saw the highest building turnover rate ever for Queens. Let us look at the record breaking data for the borough. In 2014, ...

Donovan, Preuss and Sarath of Cushman & Wakefield broker $23.776 million sale; Sold the Vanguard Retail Portfolio; Consists of three retail properties in Queens
The Vanguard Retail Portfolio, consisting of three retail properties located at 221-02/50 Horace Harding Expressway, 137-67/79 Queens Blvd./138-09 84th Dr., and 138-07/11 Queens Blvd., was ...

Sigourney and Balisky of CPEX complete $1.8 million sale of two adjacent retail properties
The CPEX retail investment sales team has completed the sale of two adjacent retail properties at 2058-2062 Flatbush Ave. Located on the corner of Flatbush ...

Thor Equities leases 15,000 s/f building to Dolce & Gabbana at 155 Mercer Street, SoHo
Thor Equities has leased its entire 15,000 s/f building at 155 Mercer St. in SoHo to Dolce & Gabbana for the brand's flagship retail store, ...

Professional Profile: Jim Diamond, 2015
Name: Jim Diamond Title: Managing Member Company: Diamond Properties, LLC Location: Mount Kisco, N.Y. Birthplace: New York, N.Y. Education: High School - St. Paul's School; College - Princeton ...

Professional Profile: Daniel Figotin, 2015
Name: Daniel Figotin Title: Principal Company: Fimida Enterprises Location: New York, NY Birthplace: Moscow, Russia Education: Bryant Collage First job outside of real estate: I started as a nightclub promoter ...

Professional Profile: Marion Jones, 2015
Name: Marion Jones Title: Senior Director - Investment Sales Company: Ackman-Ziff Location: Midtown, N.Y.C. Birthplace: Germany Education: M.Architecture, University of Pennsylvania; Graduate Certificate in Real Estate, Wharton; B.A., Tulane University First ...

Professional Profile: Dana Moskowitz, 2015
Name: Dana Moskowitz Title: President Company: EVO Real Estate Group Location: New York, N.Y. Birthplace: Long Island, N.Y. Education: Cornell University, BA First job outside of real estate: Salesperson at a ...

Dolce & Gabbana's double vision - opens second flagship
It didn't take long for retail observers to question whether Dolce & Gabbana's just-announced second flagship in Manhattan, at 155 Mercer St. in SoHo, may ...

Smith of Winick Realty leases 9,800 s/f restaurant; Mok in-house reps landlord, Eretz Group
American bar and bistro District Tap House signed a lease for its second location at 252 West 37th St. between Seventh and Eighth Aves. The restaurant, ...

Nowak and Rosenzweig of Marcus & Millichap broker $1.8 million retail sale
Marcus & Millichap has completed the sale of 5th Ave. South Slope Vacant Mixed-Use Assemblage, a retail property sold as a redevelopment site. The site ...

Morden, Kooyman, Krivine and Cukier of NGKF arrange 1,100 s/f lease to Milk & Cookies Kids Spa and Salon
Upper East Side boys and girls will get more than just a lollipop when they sit down for a haircut at New York's latest retail ...

de Soultrait of Bertwood Realty completes 700 s/f lease for Margaret O'Leary at 321 Bleecker Street; Store's 11th location
According to Bertwood Realty, a 700 s/f store opened at 321 Bleecker St. between Christopher and Grove for the San Francisco-based clothing company Margaret O'Leary. ...

Trevi Realty changes name to HUBB NYC
Trevi Retail, a privately held retail real estate firm, has changed its name to HUBB NYC Properties (HUBB NYC). HUBB NYC is formally expanding its ...

Fantasia of RKF reps Bonobos in 4,000 s/f lease at 95 Fifth Ave.
Bonobos, one of the largest Internet-launched men's clothing brand in the U.S., will expand upon its pioneer Guideshop retail concept with the June launch of ...

Consolo and Aquino of Douglas Elliman chosen to market retail space at 1258 Third Avenue
The national leasing and sales team of Faith Hope Consolo, chairman and Joseph Aquino, executive vice president of Douglas Elliman's Retail Group have been named ...

Nelson, Suarez and Shalom of Cushman & Wakefield completes $2.15 million sale of TriBeCa retail condominium
A retail condominium at 77 Warren St., located between West Broadway and Greenwich St. in the TriBeCa neighborhood, was sold in an all-cash transaction valued ...

Consolo of Douglas Elliman honored by The Quad Preparatory School
Education activist and philanthropist Faith Hope Consolo, chairman of Douglas Elliman's Retail Group delivered an emotional speech to an enthusiastic audience of faculty, benefactors, parents ...

Consolo and Aquino of Douglas Elliman's Retail Group retained to market 114 East 57th Street
The national leasing and sales team of Faith Hope Consolo, chairman and Joseph Aquino, executive vice president of Douglas Elliman's Retail Group have been named ...