New York City - January 27-9, 2015

Steir, Barlow, Taubin and Perla of Savills Studley lease 403,000 s/f; Powers and Levin of Boston Properties rep owner in extension/restructuring
Savills Studley (www.savills-studley.com), a leading commercial real estate services firm, has negotiated and closed a lease extension and space restructuring that will keep law firm, ...

Rossland and Bolsom of GFI arrange $1.5 million sale of three-story walk-up building
GFI Realty Services, Inc. has completed the sale of 17-31 Linden St., a three-story walk-up apartment building located in the Ridgewood section for $1.5 million. ...

Kushner Companies acquires four-building, 143-unit multifamily Astoria, Queens portfolio for $51 million
According to Jared Kushner, CEO of Kushner Companies, the company has acquired a four-building, 143-unit multifamily portfolio in the Astoria section for $51 million, the ...

The Moinian Group holds its 2014 holiday party at Espace
On December 10th from 6-10 p.m., hundreds of guests gathered at Espace on the West Side for The Moinian Group's 2014 holiday party - steps ...

Greenberg/Berk named co-managing partners at Friedman LLP
According to Friedman LLP, a regional accounting, tax and advisory firm, Harriet Greenberg and Frederick Berk have been appointed as the firm's co-managing partners. Bruce ...

Argento Construction presents 4,800 s/f retail build-out case study of Breitling; At Metropolitan Commercial Bank's Breakfast event; Hosted by Volandes of GoldsteinHall
Some of the city's top brokers, developers and bankers got an inside look at how some of the city's largest retail deals get done when ...

Savanna acquires 24,682 s/f retail property; Brokered by Helman, Carrega, Epstein and Kingsley of Avison Young
Savanna, a New York-based real estate private equity and asset management firm, has acquired 461 West 14th St., a newly built, 24,682 s/f corner retail ...

Playsky of Marcus & Millichap brokers $10.3 million sale of an 18,148 s/f retail strip center; Nome Plaza in Staten Island
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has completed the sale of Nome ...

Professional Profile: Emma Geldmacher, 2015
Name: Emma Geldmacher Title: Vice President Company: Transwestern Location: New York, N.Y. Education: Northeastern University, BSBA First job outside of real estate: Public relations First job in real estate or ...

Professional Profile: Eric Piazza, 2015
Name: Eric Piazza Title: Associate Broker Company: DJK Commercial Realty Location: 101 5th Ave., New York, N.Y. 10003 Birthplace: New York, N.Y. Education: University of Rhode Island, BA Psychology First job ...

Professional Profile: Eric Satanovsky, 2015
Name: Eric Satanovsky Title: Associate Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Flushing, Queens Education: I majored in entrepreneurship at Baruch College First job outside of real estate: At age 14, I ...

Professional Profile: Peter Schubert, 2015
Name: Peter Schubert Title: Partner, Managing Director of Commercial Leasing Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: San Jose, CA Education: B.A. University of California at Davis; MBA Wharton School ...

New Year in New York: A promise of retail rebirth
A new year brings a promise of retail rebirth, exciting projects - and new stores. I'm thrilled to report that last month's New York National Conference ...

Braus and Sutro of Lee NYC arrange 700 s/f lease
Peter Braus, managing principal, and JP Sutro, director of Lee & Associates NYC LLC (Lee NYC) have arranged a 10-year lease for Deca Salonat 239 ...

Graff of Corcoran reps tenant in 500 s/f lease; Luchs and Farrow of NGKF rep landlord
Bag-all, an environmentally friendly gift bag company that offers reusable cotton bags for gift wrap, organization and travel, has opened its first brick-and-mortar store at ...

King, Condren, Triglia and Danut of CPEX arrange 100,000 s/f lease; To Bed Bath & Beyond and subsidiaries in Brooklyn
The CPEX New York retail leasing team has completed one of the borough's largest retail lease agreements in 2014 with Bed Bath & Beyond Inc. ...

Schubert joins TerraCRG as a managing director
Peter Schubert has joined TerraCRG as a partner and managing director of commercial leasing. He will be responsible for expanding TerraCRG's leasing division, which is credited ...

Hamdan of Kalmon Dolgin Affiliates arranges 1,200 s/f lease for The Grain & The Vine in Williamsburg
According to Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a 1,200 s/f retail lease for The ...

Alterman of RKF secures 4,600 s/f lease
RKF has arranged a 4,600 s/f lease for American menswear brand Joseph Abboud at 424 Madison Ave. in Midtown East. Located on the southwest corner ...

Consolo, Aquino and Maglio of Douglas Elliman complete 825 s/f lease to Subway
The national leasing and sales team of Faith Hope Consolo, chairman, and Joseph Aquino, executive vice president, and Arthur Maglio of Douglas Elliman's retail group ...

Just one click away: Digital and mobile technologies
Web and mobile capabilities are linking real estate professionals, their clients, and properties like never before. The property search process has been re-imagined and real ...

The decline of doctors' offices: A co-op conundrum in NYC
Suites of offices occupied by doctors, dentists and other professionals are regular features at the street level of New York City cooperatives. Many of these ...

GCP Capital Group completes 16 mortgages totaling $114.993 million
GCP Capital Group LLC has arranged mortgage financing in the amount of $114.993 million for the following 16 properties: * $17.55 million for a portfolio of ...

HFF places $32 million non-recourse financing for development of 200-key hotel
Holliday Fenoglio Fowler, L.P. (HFF) has arranged $32 million in non-recourse financing for the development of a 200-key, best-in-class, boutique hotel in the Bowery neighborhood, ...

HKS arranges seven loans totaling $27.7 million
HKS Capital Partners LLC, a New York-based leading commercial real estate finance and advisory firm, negotiated the following seven deals totaling $27.7 million: * A ...

Hirsch and Karpel of Meridian arrange $49 million in CMBS financing
Meridian Capital Group, LLC has arranged a $49 million CMBS loan for the refinance of an office property on behalf of Marcal Group. The 10-year CMBS ...

Greystone earns Program Plus Status from Freddie Mac Multifamily
Greystone, a leading national provider of multifamily and healthcare mortgage loans, has earned Program Plus status from Freddie Mac Multifamily. The new designation enables Greystone, ...

Silver Arch Capital Partners closes $2.6 million loan on seven New York City condos
Silver Arch Capital Partners has closed a $2.6 million loan on seven residential condominium units at 404 East 66th St., according to Jeffrey Wolfer, president ...

CPC joins Freddie Mac's Small Balance Loan program
The Community Preservation Corp., Inc. (CPC) has been approved as one of six lenders to participate in Freddie Mac's Small Balance Loan program. Under this ...

Stein, founder and COO of ETRE Financial: Began his career as an equities trader
The New York Real Estate Journal recently sat down with Jesse Stein, founder and chief operating officer of Exchange Traded Real Estate (ETRE) Financial, for ...

MRC provides $81 million for 260,000 s/f mixed-use development project
According to Josh Zegen, co-founder and managing principal of Madison Realty Capital (MRC), the firm has provided $81 million in financing for 55 Wythe Ave. ...

Trinity Place Holdings secures $40 million loan
Trinity Place Holdings Inc. has filed a motion seeking bankruptcy court approval of a $40 million loan facility secured by its properties located at 42 ...

Will 1031 exchanges survive the new congress?
Section 1031 of the tax code allows real estate investors to sell a property, defer the tax, and reinvest the proceeds into replacement real estate. ...

National Cooperative Bank originates 27 loans totaling $48.3 milion
National Cooperative Bank (NCB), a leading lender to cooperative housing throughout the tri-state area, originated a total of $48.3 million in new loans during December ...

The Association of Master Painters and Decorators elects officers and directors of 2015
The Association of Master Painters and Decorators of New York, Inc. has elected their officers and directors for 2015. The results of an election held ...

Fox Residential Group moves to Plaza District
After 25 years on the Upper East Side, exclusive residential brokerage firm Fox Residential Group has moved its headquarters to 14 East 60th St., between ...

TerraCRG selected to sell 47-unit Park Slope portfolio
TerraCRG has been retained as the exclusive agent for the sale of the 47-unit portfolio on Eighth Ave. in Park Slope. Ofer Cohen, Adam Hess, ...

Corcoran's director of sales, Hall, to retire
According to Pamela Liebman, president and CEO of The Corcoran Group, executive vice president, director of sales Tresa Hall will retire. A 31-year real estate ...

Eastern Consolidated markets majority interest in Chelsea mixed-use building for $50 million
Eastern Consolidated has been retained as the exclusive agent to market for sale the majority interest in HIGH LINE 537 — formally known as 537 ...

Paneth and Matyas of GFI Realty Services brokers $2.8 million sale of 546 East 182nd Street
GFI Realty Services, Inc. has completed the sale of 546 East 182nd St., a five-story walk up apartment building located in the Little Italy section ...

Cosentino and Satanovsky of TerraCRG to market 806 Macon Street in Brooklyn
Matthew Cosentino, VP of investment sales at TerraCRG has been retained as the exclusive agent for the sale of the multifamily building located at 806 ...

Related Companies hires Earle as senior vice president and creative director
According to Related Cos., design executive Stephen Earle has been named senior vice president and creative director of the company. In the newly-created role, Earle ...

REBNY Report: Residential sales market steams up in 4Q 2014: Caps off robust year of activity
The heat turned up on New York City's residential sales market in the fourth quarter of 2014 as sales prices for homes Citywide posted significant ...

Cohen, Warren, Marks, Matheos and Hernandez of TerraCRG retained to sell 25-27 Lexington Avenue
TerraCRG has been retained as the exclusive agent for the sale of the residential loft building at 25-27 Lexington Ave. located between Grand Avenue and ...

De Luca joins Colliers as senior managing director
According to Colliers International, 30-year industry veteran James De Luca has joined the tri-state operations as a senior managing director. Most recently a senior director with ...

Famularo and Idnani of Eastern Consolidated arrange 1,800 s/f lease at 44 Trinity Place
Eastern Consolidated has arranged a 1,800 s/f lease for new health and wellness center "51 Dream" at 44 Trinity Place in Lower Manhattan. This transaction ...

WSP appoints Cherian as senior vice president
WSP, the international engineering and design firm, has appointed Varughese Cherian, an electrical engineer with extensive experience in the aviation sector, as a senior vice ...

Wheeler named chief executive officer of Berkadia
Berkadia, an industry leading commercial real estate company, has appointed Justin Wheeler as chief executive officer. Wheeler served as the company's interim chief executive officer ...

utiliVisor helps residential building owners comply with new submeter inspection regulations
utiliVisor is helping building owners comply with a new regulation (16 NYCRR 92) implemented by the New York City Public Service Commission (PSC) requiring electric ...

Regal joins Cushman & Wakefield as a director
According to Cushman & Wakefield, Douglas Regal, a commercial real estate professional with more than a decade of experience in the industry, has joined the ...

Riano named CFO of Matthew Adam Properties
According to Ira Meister, president and CEO of Matthew Adam Properties, Richard Riano has been appointed CFO of the company, a leading New York property ...

REBNY elect Nelson of Massey Knakal as chair and Podell of Cushman & Wakefield as vice chair of commercial board of directors
The Real Estate Board of New York (REBNY) has elected its commercial board of directors, which oversees the commercial brokerage division for REBNY. James Nelson, partner ...

Galperin joins TerraCRG as an associate
Kirill Galperin joined TerraCRG as an associate working alongside partner and senior vice president Adam Hess with a focus on multifamily and mixed-use assets in ...

Katcher of RFR Realty leases 7,178 s/f to Braemar Energy Ventures
According to RFR Realty LLC, Braemar Energy Ventures, an energy venture capital firm, has signed a lease for 7,178 s/f on the 23rd floor of ...

Marans of Savills Studley reps tenant in 9,248 s/f lease at the Trump Organization's 40 Wall Street
As Downtown office leasing continues unabated, Cammack Retirement Group, an investment advisory, consulting and actuarial firm, will soon relocate to 40 Wall St., a.k.a. the ...

Unger of KDA arranges 12,000 s/f lease to General Plumbing Corp. in Queens
According to Neil Dolgin and Kalmon Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a12,000 s/f lease at 54-01 35th St. ...

Voda Bauer Real Estate expands six months after launch; Move headquarters to WeWork 42nd Street
Voda Bauer Real Estate, a full-service residential and commercial firm, has expanded its office and relocated its headquarters to the newly opened WeWork 42nd St. ...

Morrows of RFR Realty renews 2,383 s/f lease for ONEXIM Group at 375 Park Avenue
According to RFR Realty LLC, ONEXIM Group, the private investment fund owned by Russian billionaire Mikhail Prokhorov, renewed its lease for 2,383 s/f of office ...

Riney, Saros and Salvatico of Marcus & Millichap arranges $2.4 million sale of 411 Graham Avenue
Marcus & Millichap has completed the sale of 411 Graham Ave., a 4,375 s/f mixed-use property, according to John Horowitz, regional manager of the firm's ...

Tuttman of Lee NYC arranges 5,832 s/f lease at 648 Broadway
Peter Tuttman, executive managing director/principal of Lee & Associates NYC LLC, has arranged a 10-year lease for 5,832 s/f on the seventh floor of 648 ...

Goldich of ATCO in-house represents landlord in 4,031 s/f lease to Brown Gavalas & Fromm at 555 Fifth Avenue
Brown Gavalas & Fromm LLP, one of the city's most prominent maritime law firms, will soon relocate from the Grand Central submarket to ATCO Properties ...

JEMB Realty and Herbert Power Fund V increase investment in Astoria I natural gas power plant
East River FundCo, LLC, a partnership of JEMB Family LP, a privately-held real estate and energy investment firm, and Harbert Power Fund V, have increased ...

Schoen of Savitt Partners reps Place Showroom in 1,800 s/f lease expansion at 530 Seventh Avenue
Place Showroom, a Los Angeles-based company that nurtures emerging fashion brands, renewed and expanded its lease at 530 Seventh Ave. The fashion showroom extended their ...