New York City - May 14th 2013

United Realty Trust Inc., led by Jacob Frydman and Eli Verschleiser, has acquired Tilden House, a 117-unit residential property, through a joint venture with the ...

According to the New York office of Hines, Simpson Thacher & Bartlett LLP has executed an agreement to renew its lease for 595,000 s/f at ...

Forest Park Properties Inc. has closed on the sale of four properties in Brooklyn, Queens, and the Bronx totaling $4.175 million: * 682 E. 187th ...

The Building Trades Employers' Association (BTEA) held its first educational conference of the year, entitled "Infrastructure Summit 2013: Are We Ready to Support New York's ...

The Association of Master Painters and Decorators of New York, Inc. has spotlighted Manhattan Painting & Decorating. Founded in 2011 by owner Bale Erbeli, Manhattan ...

Urban Land Institute New York (ULI New York) held a sold-out panel discussion entitled "East Midtown Rezoning: A Special Forum on New York's Future." The ...

Members of the New York metropolitan area's leading women's real estate associations will gather for fun and fundraising as "CREW Crosses State Lines for Business ...

CBRE Group, Inc. has completed a 4,500 s/f lease of the entire 4th floor at 125 Fifth Ave. on behalf of SHIFT Communications, an integrated ...

Name: Joseph Colista Title: First Vice President of Retail Leasing Company: Massey Knakal Realty Services Location: Brooklyn, N.Y. Birthplace: Detroit, MI Education: BA - University of Iowa; JD - CUNY ...

Name: Matthew Cosentino Title: Vice President, Investment Sales Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Brooklyn, N.Y. Education: BSBA - Georgetown University; JD - Georgetown University Law Center First ...

Name: Paul Lalanne Title: Regional Vice President Company: Primerica Location: Oakdale, N.Y. Place of birth: New York, N.Y. Family: Single College: Southern Illinois University First job unrelated to your ...

Name: Anthony Lolli Title: Founder & CEO Company: Rapid Realty Location: Multi locations Place of birth: White Plains, N.Y. Family: Single First job unrelated to your current field: ...

A topic always in the forefront of New York real estate is "affordable housing." Even the term itself is the subject of ongoing debates with ...

Long Island City in 2012 turned out to be a year of major transactions, achieving sales prices rarely seen in the Queens market. Investors and ...

There have been countless stories in the news over the last year about the deteriorating condition of the U.S. real estate market. Residential real estate ...

The corner retail property at 64-24 Queens Blvd. in Woodside recently sold in an all-cash transaction for a sale price of $1.62 million. The 4,000 ...

According to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a 12,000 s/f, long-term lease for Antillana Supermarket, ...

The Feil Org. has signed fast-casual restaurant Schnipper's Quality Kitchen to occupy 3,021 s/f of ground level retail and storage space at its 570 Lexington ...

The Real Estate Associate Program (REAP) hosted a kick-off event for the incoming class of 2013 at the International Council of Shopping Centers office in ...

NYCRS agents Ina Donath and Helen Demetrious have arranged six new retail leases totaling 4,650 s/f. The deals include: * The agents represented the tenant in ...

With Passover and Easter now a memory, in the retail world, we're already gearing up for a major meeting, a conference and more! The luxury wars ...

Low vacancy and relative optimism about the economy, as well as several major construction projects characterized the first quarter retail market in Greenwich Village, the ...

Bruce Kirsch is the founder and president of Real Estate Financial Modeling (REFM).While pursuing his MBA at Wharton, Kirsch got a taste for the world ...

Subway has signed a 10-year lease at the new Riverdale Crossing Shopping Center. According to Joseph Farkas, president of Metropolitan Realty Associates (MRA) and the ...

Five years after Winick Realty Group executive vice president Darrell Rubens and director Lee Block first began proliferating Maiden Ln. with food tenants, the pair ...

Cushman & Wakefield has been retained as the exclusive leasing agent for 23,000 ss/f of newly constructed retail space between the ground and lower levels ...

According to Winick Realty Group, three new exclusive properties are available. President Steven Baker will spearhead the leasing efforts for all three storefronts on behalf ...

Mc Gowan Builders Inc. has completed the new Lincoln Sq. Synagogue, the Upper West Side religious institution, located at 180 Amsterdam and West 68th St. ...

Agorafy is an open platform for aggregating and disseminating real estate data in New York. The site launched this past year and offers high volume ...

E-J Electric Installation Co. has been contracted to perform the electrical installations for one of the first high-rise data centers in the city. The Sabey ...

Park Avenue Building and Roofing Supplies (Park Avenue) has launched their newest product line, ASSA ABLOY, featuring locks and commercial hardware by Yale, Norton, Rixson, ...

Q: You wear many hats in the commercial real estate industry. In your current role with Lance Capital, LLC, what trends are you seeing with ...

Marcus & Millichap Real Estate Investment Services, has brokered the $3.3 million sale of 133 Sutton St., a 19,721 s/f industrial property, according to John ...

A mixed-use building at 1689 Putnam Ave. (55-45 Myrtle Ave.) in the Ridgewood neighborhood, was sold in an all-cash transaction valued at $1.025 million. The ...

According to N.Y.-Presbyterian Hospital a $100 million gift from David Koch, which will support the construction of its new ambulatory care center at the hospital's ...

If I wait until maturity to refinance, I won't pay a "premium," right? Wrong!!! Whether you (a) refinance your CMBS loan and defease now, or ...

According to the Real Estate Lenders Association (RELA), Robert Stuckey, managing director of The Carlyle Group, spoke at the association's monthly breakfast meeting on Tuesday, ...

CPEX has added three new associates to further the company's investment sales efforts. Alec Miller will expand the multifamily investment sales team, Christopher Wideman will ...

The Real Estate Associate Program (REAP) has appointed Kendrick Harris and John Gilmore IV as co-directors for the this year's New York program. The REAP program ...

According to Monday Properties, Frank Mancini has joined the company as senior VP of asset management. In his new position, Mancini will direct the asset ...

William Brody has joined B.R. Fries Constructors in the position of vice president of business development. In this position, Brody will be tasked with expanding ...

HKS Capital Partners has secured the refinancing of 32 East 10th St., the five-story building that is home to the famed Greenwich Village restaurant Il ...

Winter & Company closed a 3.295%, interest-only, 10-year fixed-rate underlying mortgage and credit line for a pre-war, Fifth Ave. cooperative building located in the Flatiron ...

The Community Preservation Corp. (CPC) has closed a $6.15 million Freddie Mac loan to refinance an existing $5.5 million construction loan, provided by CPC in ...

Procida Funding & Advisors, LLC a New Jersey-based real estate investment bank, has provided an $8 million bridge loan to Ladera II for its development ...

The NYREJ recently sat down with James Kinsey of Kinsey Capital for a question and answer session. Q: Can you tell me a little bit about ...

GCP Capital Group LLC has arranged mortgage financing totaling $72.175 million for the following 15 deals: * $36.75 million for a portfolio of ten multifamily properties ...

Charles Cotsalas, senior vice president and senior director of NorthMarq's Long Island regional office, arranged first mortgage refinancing of $1.2 million for an 18,000 s/f ...

Brick Realty Capital LLC, through an affiliate entity, recently completed the purchase of another non-performing mortgage and note. According to managing partner Eric Roth, the ...

Chesterfield Faring, Ltd (CFL), the real estate investment bank, has secured $24.58 million in financing for an institutional multifamily owner on 338-unit class A multifamily ...

The New Jersey office of Berkadia Commercial Mortgage LLC (Berkadia) closed two deals totaling $89.5 million in financing for multifamily properties located in Rhode Island ...

King of Prussia, PA David Turley and Janet Proscia of Cronheim Mortgage secured $10.3 million in financing for a 74,326 s/f medical office building located ...

Greystone has originated $43 million in HUD loans across four properties in Oregon, Nebraska, Washington and Florida. The deals were overseen by Adam Sasouness, an ...

Mesa West Capital has provided Brookfield Real Estate Opportunity Fund I, with a $95.5 million first mortgage loan on 64 New York Ave. NE, a ...

Love Funding has closed on a $361.4 million loan modification for the Medical University Hospital Authority (MUHA). MUHA, a division of the State of South ...

Worth Avenue Capital, LLC closes $800,000 debt restructuring for an entrepreneur/real estate developer. This client owns multiple properties in various states and, as a result ...

Michael Aylmer, assistant vice president of NorthMarq's Philadelphia regional office, arranged first mortgage refinancing of $1.187 million for Lafayette Townes, an 11-unit, market-rate multifamily property ...

Property Group Partners has acquired the fee interest for three blocks of the recessed portion of I-395. Preliminary work on the 2.2 million s/f, mixed-use ...

UC Funding LLC has funded a $4.75 million bridge loan to purchase and renovate a 180 unit, class C apartment complex. The sponsor is an ...

Centerline Capital Group has provided a $6 million Fannie Mae DUS mortgage to refinance 2339 Hudson Terrace, a cooperative multifamily property. The loan proceeds will ...

A Casualty Loss Deduction is measured by the lesser of (a) reduction and fair market value of the property as a result of the event ...

Meridian Capital Group, LLC has negotiated the following six mortgages totaling $80.17 million: * A new $3.52 million mortgage on an eight-unit mixed-use building with 1,300 ...

According to SL Green Realty Corp., $925 million in bridge acquisition financing was arranged for the Sony Building at 550 Madison Ave. The building, ...

National Cooperative Bank (NCB) arranged $51 million in new financing activity for 17 New York area properties, according to Edward Howe III, managing director of ...

Commercial mortgage brokerage firm Eastern Union Funding has arranged $15 million in financing for industrial properties located in the New York Tri-State region. Select transactions ...

Jones Lang LaSalle has completed a sublease, totaling 29,416 s/f, for Alloy Digital LLC with Liquidnet Holdings Inc. at 498 Seventh Ave. The digital media ...