New York City - February 24-9, 2015

Ivanhoé Cambridge and Callahan Capital acquire Three Bryant Park for $2.2 billion; Harmon of Eastdil Secured acted as broker for the 1.2 million s/f office property
Ivanhoé Cambridge and its partner, Callahan Capital Properties, have acquired a 100% interest in the 1.2 million s/f Three Bryant Park Midtown office property for ...

Zimmer or Romer Debbas represents UCP in $135 million sale of 122 East 23rd Street
Romer Debbas LLP, a New York law firm, helped close the $135 million sale of 122 East 23rd St., the building, owned by United Cerebral ...

City Urban Realty and Madison Realty Capital acquire 14-16 Fifth Avenue for $27.5 million
According to Michael Alvandi, managing principal of City Urban Realty, and Josh Zegen, co-founder and managing principal of Madison Realty Capital (MRC), their firms have ...

Professional profile: Matthew Baron, 2015
Name: Matthew Baron Title: President Company: Simon Baron Development Location: New York, N.Y. Birthplace: Moldova, Former USSR Education: MBA Columbia Business School, B.S. NYU Stern First job outside of ...

Professional profile: David Ennis, 2015
Name: David Ennis Title: President Company: The Daten Group Birthplace: Queens, NY Education: BS - Finance First job outside of real estate: Newspaper delivery boy First job in real estate or ...

Professional profile: Monique Merhige, 2015
Name: Monique Merhige Title: President Company: Infusion Direct Marketing & Advertising, Inc. Location: Hauppauge, N.Y. Birthplace: Brooklyn, N.Y. Education: Bachelor of Marketing & MBA in Business Management from Dowling College ...

Professional profile: Robert Williams, 2015
Name: Robert Williams Title: President Company: Briscoe Protective Systems Inc. and Briscoe Plaza Inc. Location: Main Office 99 Mark Tree Rd., Centereach, N.Y. ...

Fischer joins CBRE's Midtown Manhattan office as first vice president
According to CBRE Group, Inc., Jeff Fischer, a fast-rising brokerage professional in Manhattan office leasing has joined the firm as a first vice president. Fischer, ...

Brennan joins Colliers as chief operating officer
Colliers International has further diversified and enhanced its New York/Tri-State operations with the addition of 21-year industry veteran Kimberly Brennan, who joins as the region's ...

Constricting cap rates: How do you make money in this environment?
With cap rates continuing to constrict, it may be a great time to sell, but how do you make money buying in this environment? With ...

Can a trust be considered an active participant in its real estate activities?
Can a trust be considered an active participant in its real estate activities? The IRS has always maintained that real estate activities owned by a ...

A lawyer discusses hiring consultants on construction projects: Where do I begin?
As a construction attorney, I am often asked by clients thinking about undertaking a construction or renovation project "Where do I begin?" This article discusses ...

Northern Manhattan investment property sales jump 49% to $3.22 billion in 2014
The market for Northern Manhattan investment properties saw strong, consistent growth in 2014, a year characterized by more transactions and continued price appreciation. Growing market ...

Transwestern adds McKinney and Murphy as senior vice presidents
Transwestern has expanded its New York office with senior vice presidents Ryan McKinney and Rory Murphy. Each brings experience in serving clients in the Manhattan ...

Cahill joins Cresa as principal/senior advisor to lead life sciences practice
According to the New York office of Cresa, John Cahill, a real estate executive who is licensed in both New York and New Jersey, has ...

Workman named executive managing director at Savitt
Savitt Partners has tapped former Newmark Knight Frank executive, David Workman, as executive managing director, according to Bob Savitt, president of Savitt Partners. In his new ...

Durels and Posniak of ESRT and Podell and Lerner of Cushman & Wakefield lease 11,334 s/f to Sephora USA
Empire State Realty Trust, Inc. (ESRT) has signed an 11,334 s/f retail lease with Sephora USA, LLC at 112 West 34th St., opposite Macy's flagship ...

Berkey of L&L leases 14,384 s/f to Nobu at 195 Broadway
Nobu, one of the city's legendary restaurants, will soon relocate from its original TriBeCa location to the downtown office tower, 195 Broadway, a.k.a, the former ...

SL Green Realty Corp. signs three retail leases totaling 71,547 s/f
SL Green Realty Corp. signed leases totaling 71,547 s/f with three separate national retailers in three of the borough's most sought-after submarkets—Times Sq., The Plaza ...

Big box mergers mean opportunities in retail leasing
Just a few days into February and it's already shaping up to be a momentous month filled with new opportunities for retail leasing! Now that Staples ...

Schwarz and Kave of Lee NYC selected to market retail space at The Corn Exchange
Brad Schwarz, managing director and principal, and Richard Kave, managing director of Lee & Associates NYC LLC (Lee NYC) hold the exclusive agency for the ...

Hartman of Pliskin Realty leases 7,971 s/f on behalf of Advance Auto Parts
Marvin Hartman, executive vice president at Pliskin Realty & Development closed a 10-year lease with two five-year options on behalf of Advance Stores Company, Inc., ...

Condren, Triglia and Danut of CPEX lease 1,425 s/f to Brooklyn Winery
The New York CPEX retail leasing team has completed a lease agreement at 747 Franklin Ave. with Brooklyn Winery, a boutique urban winery. Located in ...

Ezra and Getz of RKF broker 8,700 s/f retail lease for Adidas' first flagship location in Brooklyn at 454 Fulton Street
RKF has secured an 8,700 s/f lease for athletic shoe and apparel retailer Adidas. When it officially opens this summer at 454 Fulton St., this ...

Rettaliata and Schuster of Ripco reps Darden Concepts and Ignite Restaurants in three lease totaling 24,297 s/f
Tom Rettaliata and Brian Schuster of Ripco Real Estate represented Darden Concepts and Ignite Restaurants in the lease of the site located between Queens Center ...

Burack amd Gedinsky of Winick Realty Group lease 6,500 s/f to Shadow Box Gym
Shadow Box Gym, a new boxing gym concept offering group classes, has signed a lease for its first location at 28 West 20th St., located ...

Winick Realty and L.H. Charney relaunch 1441 Broadway as 10 Times Square
According to Winick Realty Group and L.H. Charney Associates, 1441 Broadway has been officially awarded a new address: 10 Times Sq. The building is currently ...

Famularo and Idnani of Eastern Consolidated arranges 650 s/f lease for Poulette at 426 Amsterdam Avenue
Eastern Consolidated has arranged a long-term, 650 s/f lease for French-inspired rotisserie chicken experience Poulette at 426 Amsterdam Ave. on the Upper West Side. This retail ...

Strauss and Zack of RKF represent Aaron Basha in 600 s/f lease at 673 Madison Avenue
RKF has arranged a 600 s/f lease with fine jewelry retailer Aaron Basha at 673 Madison Ave. on the Upper East Side. The brand, best ...

Consolo and Aquino of Douglas Elliman arrange lease for Diamondocity
Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president of Douglas Elliman's retail group have arranged the lease for a contemporary art gallery, Diamondocity, ...

Create. Enrich. Design: Delivering tech innovation
At Agorafy, we get excited talking about design. Now more than ever, we believe that design is essential to successfully delivering technology innovation. It ...

Nelson and Nickerson of Cushman & Wakefield broker $24.8 million sale; Jungreis and Berger of Rosewood Realty represent buyer
The corporation shares of a mixed-use building at 57 Second Ave., located between East 3rd and East 4th Sts. in the East Village neighborhood, were ...

Riney, Saros and Salvatico of Marcus & Millichap complete $2.55 million sale
Marcus & Millichap has completed the $2.55 million sale of 68 Maujer St., an eight-unit apartment property, according to John Horowitz, regional manager of the ...

Rossland of GFI reps seller in $1.5 million sale of three-story walk-up; Bolsom of GFI reps buyer of 17-31 Linden Street, Queens
GFI Realty Services, Inc. has completed the sale 17-31 Linden St., a three-story walk-up apartment building located in the Ridgewood section for $1.5 million or ...

Wegh of Westwood Realty closes $7 million sale
According to Steven Wegh of Westwood Realty, a Brooklyn-based investor has closed on the $7 million sale of 26 E .125th St. According to public records, ...

Someck, Kunikoff and Braus of Lee NYC lease 50,000 s/f at 875 AOA
In less than six months, the Lee & Associates NYC LLC office leasing team of Dennis Someck, executive managing director/principal and Mitchell Kunikoff, executive managing ...

IFMA NYC presents Awards for Excellence Dinner at 2015 annual dinner
The New York City Chapter of the International Facility Management Association (IFMA NYC) hosted its 2015 annual Awards for Excellence Dinner on Thursday, January 29th ...

School Construction Authority bill championed by Goldberg & Connolly's Goldberg; Signed into law by governor Cuomo
According to Goldberg & Connolly, governor Andrew Cuomo has signed into law the School Construction Authority Reform Bill, initially conceived and long championed by managing ...

Newman and Handler of Handler Real Estate Organization broker 17,417 s/f lease renewal and expansion
Handler Real Estate Organization has arranged a long-term renewal and expansion at 555 Madison Ave. on behalf of leading French perfume creation company MANE USA, ...

The Feil Organization leases 26,235 s/f to Centro Inc. at 841 Broadway
Digital advertising and media management software developer Centro Inc. has leased two full floors at 841 Broadway, owned and managed by The Feil Organization. Terms ...

Brodhead and Olsen of Cushman & Wakefield broker $19.6 million sale of 439-443 West 54th Street
Two adjacent lots at 439-443 West 54th St., located between Ninth and Tenth Aves. in the Midtown West neighborhood, were sold in an all-cash transaction ...

04-30-2015 - Sturner of MHP Real Estate Services to be honored by the Realty Foundation of New York
According to the Realty Foundation of New York, Norman Sturner, founding partner and CEO of MHP Real Estate Services, will be honored at an exclusive ...

Savills adds tenant representatives Loo, Marler and Swan to team; Formerly from Colliers International Singapore
Savills has expanded its commercial leasing and tenant representation business with the hiring of the leading tenant representation team made up of Marcus Loo, Greg ...

Skyline Properties CEO, Khodadadian, unveils the commercial brokerage firm's 2015 game plan
With sales of $120 million in commercial real estate for 2014, Robert Khodadadian and Skyline Properties are entering 2015 with a ton of momentum. For ...

03-03-2015 - CREW New York to present: "Commercial Real Estate Collaborators: How Massey Knakal Came to Join Cushman & Wakefield"
CREW New York will present "Commercial Real Estate Collaborators: How Massey Knakal Came to Join Cushman & Wakefield" on March 3rd. The event will take ...

Messina joins JLL as executive managing director of its New York consulting/advisory group
JLL has hired Joseph Messina as executive managing director of its New York consulting/advisory group. He will be responsible for leading and expanding the firm's ...

Duval & Stachenfeld launches tax controversy practice group
Duval & Stachenfeld LLP (D&S), New York's preeminent "Pure Play" real estate law firm, has launched its tax controversy practice group. The practice group will ...

EVO Real Estate completes 12 leases totaling 21,086 s/f
EVO Real Estate Group has made a strong start this year, with 12 leases totaling 21,086 s/f signed in recent weeks. The deals include: * Ira ...

Filler of Meridian Capital Group negotiates $15.5 million for refinance of multifamily at 1380 Riverside Drive
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, negotiated a $15.5 million loan for the refinance of a multifamily property ...

02-27-2015 - Consolo of Douglas Elliman to moderate Winter 2015 session of the Academy for Continuing Education
Faith Hope Consolo, chairman of Douglas Elliman's Retail Group, is moderating a panel of top real estate industry trade and on-line reporters and editors for ...

Hess, Shalumov, Setton and Galperin of TerraCRG retained as exclusive agent for the sale of 739 Church Avenue, Brooklyn
TerraCRG's partner Adam Hess has been retained as the exclusive agent for the sale of 739 Church Ave. located between East 7th and East 8th ...

Konsker, Cahaly and Young of JLL rep landlord, Savanna, in 14,513 s/f lease at 100 Wall Street
InterExchange will occupy 14,513 rentable s/f on a portion of the third floor of 100 Wall St. for a 15-year term. Founded on a mission ...

Bar-Or of Meridian negotiates $180 million in financing for APF's Club Row Building
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, arranged $180 million in financing for the Club Row Building office property ...

Meehan of Greystone closes first $865,000 Fannie Mae M-PIRE mortgage in the Bronx
Greystone, a leading national provider of multifamily and healthcare mortgage loans, has closed the first Fannie Mae Multifamily Property improvements to Reduce Energy (M-PIRE) loan ...

Houlihan of Houlihan-Parnes arranges $4.5 million
Jim Houlihan of Houlihan-Parnes Realtors, LLC has completed the refinancing of a $4.5 million first mortgage on the 8,600 s/f Rite Aid pharmacy building located ...

Swartz and Kapahi of HKS arrange $39 million CMBS loan; for the 72-unit Hotel Giraffe in Flatiron
HKS Capital Partners negotiated a $39 million CMBS loan from CCRE for the refinancing of the 72-unit Flatiron boutique Hotel Giraffe on Park Ave. South. ...

Procida's 100 Mile Fund ends 2014 with $100 million in closed loans
Procida's 100 Mile Fund ended 2014 with $100 million in closed loans, its best year since inception in 2011. One of the deals includes a ...

Auerbacher of NorthMarq Capital arranges $10 million
Elliot Auerbacher, vice president of NorthMarq Capital's New York metro based office arranged a $10 million, revolving line of credit for a bridge lender. The ...

GCP Capital Group arranges 14 deals totaling $75.625 million
GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $75.625 million for the following 14 deals: * $16 million for a package ...

Baydala named managing director of Pembrook Capital
According to Pembrook Capital Management LLC, Terence Baydala has been appointed a managing director of the firm. In his new role with Pembrook, he will ...

Whipple of Cushman & Wakefield closes $2.3 million loan in SoHo; For retail/residential property at 216 Lafayette Street
Cushman & Wakefield has closed on a $2.3 million permanent loan for 216 Lafayette St., a retail and residential property facing Lafayette Sq. in SoHo. ...

Investors Bank finances $400 million towards 2014's end
Investors Bank's CRE lending group has closed 17 transactions during the final weeks of 2014. By negotiating 17 larger financing transactions and many smaller deals ...

Unity Capital arranges two loans totaling $8.188 million
Unity Capital has completed two loans totaling $8.188 million. The deals include: * A $7.638 million purchase money loan secured by two contiguous townhomes located on ...

Company of the Month: Ideal Properties Group: A leading real estate firm that has helped propel Brooklyn to a world-renowned brand
Ideal Properties Group is a leading real estate firm specializing in premier Brownstone Brooklyn neighborhoods along with Williamsburg, Gowanus, and many other sought-after locations throughout ...