New York City - November 11-24, 2014

Tishman Speyer Properties acquires 183 Madison Avenue for $185 million
Argentinean real estate investment firm, Inversiones y Representaciones Sociedad AnĂ³nima (IRSA) has sold 183 Madison Ave. for $185 million to Tishman Speyer Properties. IRSA initially ...

Hess, Shalumov, Pechlivanides and Setton of TerraCRG close $4.75 million sale of three-building
Adam Hess, partner and senior vice president of TerraCRG, has closed on the sale of the three-building package located at 608-612 Flatbush Ave. in the ...

Rosenberg and Rotante of Colliers International arrange 24,000 s/f lease renewal for McAloon & Friedman
Colliers International has arranged a 24,000 s/f renewal at 123 William St. for law firm McAloon & Friedman, PC, extending its lease for the entire ...

Decoding "Agorafy:" Building an open real estate marketplace
As we continue to reach new users, there has been some commentary or buzz surrounding our brand name. Therefore, we thought it would be fun ...

Bestreich, Sproviero and Reynolds of Marcus & Millichap broker $2 million sale
Marcus & Millichap has completed the $2 million sale of 759 Seneca Ave., a five-unit apartment property, according to John Horowitz, a regional manager at ...

Vegh of Westwood brokers $66.65 million sale of Central Harlem portfolio
Apartment Investment and Management Company (AIMCO) has closed on the sale of a 21-building, mixed-use portfolio in Central Harlem for $66.65 million. The buildings were ...

Kaplan, Hochhauser and Diamond of Winick lease space to Dynamex
Dynamex signed a triple net lease for six floors at 34 West 36th St., located between Fifth and Sixth Aves. in the Midtown area. The ...

Executive of the Month: Roberts, COO of CPEX Real Estate Services - Working as the conductor of the firm's orchestra
CPEX Real Estate Services may not be the most musically gifted brokerage firm in the commercial real estate industry, but with its product type specialization ...

Sonnonschein of Eastern Union Funding arranges $26 million refinance for Bonjour Capital
Eastern Union Funding refinanced a 12-story tower at 333 Greene Ave., a $26 million loan which officially brings life to a construction project that fell ...

Cronin of Q10 | New York Realty Advisors, LLC negotiates $27.3 million leasehold mortgage loan
According to Jeanne Cronin, managing director of Q10 | New York Realty Advisors, LLC, the firm has closed on a $27.3 million leasehold mortgage loan ...

Wolins joins Hunt Mortgage Group as managing director and chief credit officer
Hunt Mortgage Group has hired Daniel Wolins as managing director and chief credit officer for commercial real estate. In this role - a new position ...

Aareal Capital closes on $134.2 million loan for The Swig Co. and Himmel + Meringoff to redevelop 1460 Broadway
According to the newly-formed partnership between The Swig Co. and Himmel + Meringoff Properties, established to redevelop/reposition Times Sq. tower 1460 Broadway, they have closed ...

GCP Capital Group arranges 13 mortgages totaling $87.28 million
GCP Capital Group LLC has arranged mortgage financing in the amount of $87.28 million for the following 13 properties: * $19.5 million for two apartment buildings ...

Arbor appointed national small balance loan lender by Freddie Mac
As part of its new small balance loan product, Freddie Mac has appointed Arbor Commercial Mortgage as one of three eligible nationwide lenders. Designed for ...

Meridian Capital negotiates $60.7 million in multifamily financing
Meridian Capital Group, LLC has negotiated the financing of various multifamily mortgages totaling $60.7 million. The deals include the following: * $3.875 million in new mortgages ...

Tepedino and Gigliotti of HFF place equity loan for acquisition of 80 Broad for BSD
HFF has secured equity for the acquisition of 80 Broad, a 423,403 s/f retail and office building in the Financial District. The loan amount was ...

Cotsalas of NorthMarq secures $20 million for Brooklyn Renaissance
Charles Cotsalas, senior director of NorthMarq Capital's New York metro based office secured the $20 million refinance of the Brooklyn Renaissance Garage, an 888-space parking ...

Fisher of CBRE arranges $7.05 million for 6 Charles Street
CBRE Capital Markets' Debt & Structured team has arranged $7.05 million in financing for 6 Charles St., a six-story, 27-unit apartment building in the West ...

NGKF Capital Markets adds Roeschlaub and Fromm to the New York team
Newmark Grubb Knight Frank (NGKF) Capital Markets has welcomed structured finance dealmakers, Jordan Roeschlaub as senior managing director and Daniel Fromm as managing director, to ...

Thelander and Whipple of MKSC close $4 million loan at Brookfield Place
Massey Knakal Capital Services (MKSC) has closed a $4 million unsecured line of credit arranged by Garrett Thelander and Bruce Whipple, on behalf of HPH. ...

MRC closes $32 million constructon loan for redevelopment of former St. John's Queens Hosp.
Madison Realty Capital (MRC) has closed on a $32 million construction loan for a mixed-use development project incorporating residential, commercial, and community space at the ...

Zlotnick of Meridian Capital Group negotiates $31.6 million loan to refinance nine-property portfolio
Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, has negotiated a $31.6 million loan to refinance a nine-property multifamily ...

National Cooperative Bank originates $42 million in new financing activity during September
National Cooperative Bank (NCB) rounded out the third quarter by arranging $42.4 million in new loans during September for 13 area properties, according to Edward ...

Burger of Silverstein Properties speaks at RELA breakfast
The Real Estate Lenders Association (RELA) held its September Breakfast that featured a Q&A with Marty Burger, CEO of Silverstein Properties, on September 9 at ...

GCP Capital Group arranges two loans totaling $47.255 million
GCP Capital Group LLC has arranged mortgage financing in the amount of $47.255 million for the following two properties: * $25.36 million for a 46-building garden ...

CBRE releases 2014 Q3 Manhattan Office & Retail Market Report
CBRE Group, Inc. has reported that Midtown, Midtown South and Downtown's major indicators were positive year-to-date third quarter 2014, continuing the strongly positive year-over-year trend ...

Meridian Capital Group negotiates $67.4 million in financing for multifamily properties
Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, has arranged following mortgages totaling $67.4 million: * A new $4.25 million ...

TerraCRG retained to sell development site at 371 Lincoln Road in Prospect Lefferts Gardens
TerraCRG has been retained as the exclusive agent for the sale of the development site at 371 Lincoln Rd. in the Prospect Lefferts Gardens neighborhood. The ...

REBNY Report: NYC residential sales market records double-digit price increases in 3Q 2014
Sales prices for homes throughout New York City posted significant, double-digit increases in the third quarter of 2014 as the overall number of sales declined ...

Highgate Hotels and Trilantic Capital Partners form partnership
According to Highgate Hotels L.P., a premier operator of hotels in the nation's largest gateway markets, and Trilantic Capital Partners, a global private equity firm, ...

Related Companies hosts REBNY's "Apartment Tech Talks" panel event
Related Companies hosted the Real Estate Board of New York (REBNY)'s "Apartment Tech Talks" panel event in the gymnasium of the 44,000 s/f M Club ...

Cushman & Wakefield analysis: Typical Manhattan "spec" skyscraper is 38.6% occupied upon opening
A Cushman & Wakefield analysis of major speculative office buildings in Manhattan shows that average occupancy rates stood at 36.8% on the day the buildings ...

The Naftali Group launches sales of Two Ten West 77th Street
Located on the Upper West Side, Two Ten West 77 is an 18-story condominium building with 25 residences, designed by Thomas Juul-Hansen and inspired by ...

Douglas Elliman launches The SLS Team
Douglas Elliman Real Estate has created The SLS Team, led by three top producing agents - Michael Lorber, Eleonora Srugo and Maria Sanclemente. The new ...

Silverstein Properties' 30 Park Place achieves 50% sold in four months
According to developer Larry Silverstein, founder of Silverstein Properties, Inc., 30 Park Place, Four Seasons Private Residences New York Downtown has achieved 50% sold in ...

Eastern Consolidated retained to sell 40-42 Exchange Place
Eastern Consolidated has been retained as the exclusive agent for 40-42 Exchange Place, a 20-story office building with ground floor retail in Lower Manhattan, primed ...

Azoulay joins Douglas Elliman Real Estate
According to Douglas Elliman Real Estate, Andrew Azoulay, a top-ranked New York City real estate broker, has joined the company. A leading Downtown specialist, Azoulay's ...

Bremer joins First Nationwide Title Agency as assistant vice president
Continuing to add to its professional staff to meet the growing demand for title insurance from real estate owners, developers and attorneys, among others, First ...

Adam America Real Estate and Horizon Group's 500 Sterling is now 75% leased
According to Adam America Real Estate (AARE) and the Horizon Group, 500 Sterling, located at 500 Sterling Place in Crown Heights, is now more than ...

Question of the Month: What is the common law "public trust doctrine" and how can it be applied in New York State?
The common law "public trust doctrine" broadly states that certain resources are reserved to the public and that the government is required to protect those ...

Borah Goldstein hires four new attorneys
Borah Goldstein has expanded their firm with the hiring of four new attorneys. Samuel Sroka joined the firm as an associate this September, where he is ...

Stacom of Cushman & Wakefield to be honored by The Visiting Nurse Service of New York
According to Cushman & Wakefield, The Visiting Nurse Service of New York (VNSNY) will honor executive vice chairman Tara Stacom at the organization's annual benefit ...

ABS Partner's 210 Eleventh Avenue reaches 100% leased; Launches first student art program exhibit
Full-service commercial real estate firm ABS Partners Real Estate, LLC recently brought 210 Eleventh Ave. to full occupancy after securing three transactions, totaling 6,091 s/f ...

Susan Penzner Real Estate leases 800 s/f to Margaret O'Leary for 11th boutique
According to Susan Penzner Real Estate, Margaret O'Leary has signed a five-year lease with an option at 279 Mott St., between Prince and East Houston. ...

Levitan and Schultz of Lee NYC markets 155 Wythe Avenue
Senior managing director/principal Peter Levitan and director Jaime Schultz of Lee & Associates NYC LLC (Lee NYC) hold the exclusive agency for the grade-level retail ...

Block of Winick describes his professional accomplishments
Name: Lee Block Title: Director Company/firm: Winick Realty Group LLC Year company was founded: 1982 Years with company/firm: 6.5 years Years in field: 8.5 years Years in real estate industry: 8.5 ...

Cosentino of TerraCRG strongly influenced by Cohen
Name: Matthew Cosentino Title: Vice President, Investment Sales Company/firm: TerraCRG Year Company was founded: 2008 Years with company/firm: 4 Years in field: 4 Address: 592 Pacific St., Suite B, Brooklyn ...

Blau of Eastern Union: Wants to throw 510th touchdown in 10 years
Name: Motti Blau Title: Director Company/firm: Eastern Union Funding Year company was founded: 2001 Years with company/firm: Three Years in field: Five Years in real estate industry: Five Address: 3839 Flatlands Ave., ...

Haque of Hunt sees himself in more of a business role in 10 years
Name: Mustafa N. Haque Title: Vice President and Assistant General Counsel Company/firm: Hunt Mortgage Group Year Company was founded: 1972 Years with company/firm: 1 Years in field: 8 Years in real ...

Gorjian of Namdar Realty talks about his game changing deal
Name: Joel Gorjian Title: Acquisitions & Dispositions Company/firm: Namdar Realty Group Year company was founded: 2001 Years with company/firm: 5 Years in field: 5 Address: 150 Great Neck Rd., Great Neck ...

Shapiro of Massey Knakal: If you aren't networking you aren't working!
Name: Robert Shapiro Title: Vice President of Sales Company/firm: Massey Knakal Realty Services Year Company was founded: 1988 Years with company/firm: 13.5 Years in field: 13.5 Years in real estate ...

Gigliotti of HFF takes a throwback approach with social media
Name: Michael Gigliotti Title: Managing Director Company/firm: HFF Year company was founded: 1998 (predecessor companies dating to the 1970s) Years with company/firm: 8 years Years in field: 8 years Years in ...

Sigourney of CPEX Real Estate: "Slow and steady wins the race"
Name: Andre Sigourney Title: Associate Director Company/Firm: CPEX Real Estate Year company was founded: 2008 Years with company/firm: 3 Years in field: 9 Years in real estate industry: 7 Address: 81 Willoughby ...

Feldman of Romer Debbas is committed to client's interests
Name: Michael Feldman Title: Associate Company/firm: Romer Debbas, LLP Year Company was founded January, 2011 Years with company/firm: Since June, 2011 (approximately 3.5 years) Years in field: 4.5 Years in real ...

Silpe of Berko & Associates: Young COO helps takes company to the next level
Name: Lee Silpe ...

Kapahi of HKS is strongly influenced by Jerry Swartz
Name: Ayush Kapahi Title: Partner and Co-Founder Company: HKS Capital Partners LLC Year company was founded : 2011 Years with company: 3.5 Years in real estate field: 9 Address:127 West ...

Bremmer of ZT Realty: Follow your "gut" and take risks
Name: Robert Bremmer Title: Founder and President Company/firm: ZT Realty Years with the company: 5 Years in the real estate industry: 7 Address: 32 Court Street, Brooklyn, NY 11201 Telephone: 718-855-4422 Real ...

Brooklyn's rental market continues to climb: Poised to surpass Manhattan as the toast of New York
As sale prices continue to soar, and a myriad of development projects in the works, it is no surprise that rental prices have risen dramatically ...

Improving economic demographics are driving Northern Manhattan multifamily demand
Two Northern Manhattan neighborhoods were among the most popular with New York City multifamily investors in the first half of 2014, according to Ariel Property ...

Queens major commercial real estate transactions report - 3rd quarter 2014
Commercial real estate in Queens has been getting a lot of attention in media outlets recently. Over half a billion dollars have been invested here ...

Professional Profile: Guy Arad, 2014
Name: Guy Arad Title: Partner Company: Romer Debbas LLP Location: New York, N.Y. Birthplace: Worms, Germany Education: Touro College Jacob D. Fuchsberg Law Center, law school; State University of New ...

Professional Profile: Bertrand de Soultrait, 2014
Name: Bertrand de Soultrait Title: President Company: Bertwood Realty, LLC Location: 146 East 46th St., New York, N.Y. Birthplace: Rouen, France Education: Kicked out of 13 schools, no high school ...

Professional Profile: Brian Edwards, 2014
Name: Brian Edwards Title: Chief Operating Officer Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Minnesota Education: Columbia University First job outside of real estate: I held down four part-time jobs when I ...

Professional Profile: Jonathan Singer, 2014
Name: Jonathan Singer Title: Managing Director Company: Eastern Union Funding Location: 3839 Flatlands Ave., Brooklyn, N.Y. Birthplace: New York, N.Y. Education: Learning on the job day in and day out First ...

On-line rental platforms: A real estate broker's perspective
The rise of the sharing economy has led to the proliferation of peer-to-peer listing platforms in the real estate industry. While on-line listing services (OLS) ...

Pomerantz joins Cushman &Wakefield as vice chairman/head of strategic accounts
Laura Pomerantz has joined Cushman & Wakefield as vice chairman and head of strategic accounts. Pomerantz, who most recently served as principal and founding partner ...

RockFarmer Capital appoints Gleiber as COO
RockFarmer Capital LLC, led by principals George Michelis and John Petras, Joshua Gleiber has joined the firm as COO. As the firm continues to expand ...

Cassidy Turley adds Woods as executive managing director
Cassidy Turley has added Janet Woods to its brokerage team as executive managing director. She will serve as co-leader of the not-for-profit practice group along with ...

Jacobson named senior managing director at CBRE
According to CBRE Group, Inc., Helene Jacobson has been named senior managing director, New York tri-state region in the company's valuation & advisory services group. ...

Kahn, Scibilia and Hutcher of Cushman & Wakefield lease 20,600 s/f to Microsoft; For flagship store at 677 Fifth Avenue
According to Cushman & Wakefield, Microsoft Corp., the multinational developer, manufacturer, supporter and seller of computer software, consumer electronics, and personal computers and services, has ...

Goldfarb and Lindenfeld of Lee NYC arrange 19,322 s/f lease to Blink Fitness at the Lara at 111 Nassau Street
Lee & Associates NYC LLC (Lee NYC) Henry Goldfarb, vice chairman, and Stanley Lindenfeld, executive managing director, have arranged leases for the final two commercial ...

RKF arranges two leases at 1200 Madison Avenue totaling 2,680 s/f: Includes 1,705 s/f to bluemercury and 975 s/f to Brora
RKF has arranged two leases totaling 2,680 s/f at 1200 Madison Ave. on the Upper East Side with beauty retailer bluemercury and Scotland-based knitwear company ...

Bringing Barneys back early: Second store to debut in 2016
Sometimes the best gifts are those that come early. Barneys New York's second store, at its original Chelsea location on Seventh Ave., was originally scheduled ...

Holmstrom of Winick represents InVite Health in 400 s/f lease
InVite Health has signed a lease at 221 East 86th St., between Second and Third Aves. This 400 s/f lease marks InVite's 11th store and ...

Alterman, Berkowitz and Berger of RKF arrange 1,900 s/f retail lease to Duxiana
RKF has arranged a 1,900 s/f lease with high-end bedding retailer Duxiana at 9 West 20th St. in the Flatiron District. Located on the north ...

TerraCRG retained to lease 3,700 s/f retail space across from the Barclays Center
TerraCRG has been retained to exclusively represent ownership for the lease of the retail space directly across the street from the Barclays Center located at ...

Gamberg of EVO reps tenant in 2,150 s/f lease
At a time when Duane Reade and CVS are snapping up retail space across the city, independently-owned Irmat Pharmacy has signed a 16-year renewal at ...

TF Cornerstone and RKF showcase retail space 90-100 Gansevoort Street
TF Cornerstone, together with Robert K. Futterman & Associates (RKF), hosted a broker event to showcase the retail space at 90-100 Gansevoort St., located at ...

Onex's Shops at SkyView Center welcomes Nordstrom Rack
The Shops at SkyView Center in Flushing has welcomed national retailer Nordstrom Rack to the shopping center. A ceremonial ribbon-cutting was held by Onex Real Estate ...

Consolo, Aquino and Maglio of Douglas Elliman broker 1,800 s/f retail lease to Moe's Sneaker Spot
The leasing team of Faith Hope Consolo, chairman, Joseph Aquino, executive vice president, and Arthur Maglio of Douglas Elliman's Retail Group has arranged an 1,800 ...

Penzner, Stange and Mahl of Susan Penzner Real Estate represent Stuart in 1,100 s/f lease for new SoHo flagship store
Fashion designer Jill Stuart has moved from her former Greene St. location signing a long-term lease for a new flagship store in SoHo at 466 ...

Goetz and Neugeboren of Savitt Partners lease 1,400 s/f
Anthony L & S, a footwear company known for the FUBU, Phat Farm, US Polo, and Baby Phat brands, has inked a 1,400 s/f lease ...

Fishbein and Rubens of Winick Realty Group lease three stores in Nolita at 400 Broome Street
Winick Realty Group has completed three new retail leases at 400 Broome St., fronting Kenmare, Cleveland and Broome St. in the Nolita neighborhood. Aaron Fishbein ...

CPEX Real Estate Services leases 9,500 s/f retail lease to Telco Stores at 2038 Flatbush Avenue
According to CPEX Real Estate Services, Telco Stores has signed a lease at 2038 Flatbush Ave. Located between Flatlands Ave. and Avenue P in the ...