New York City - October 14-27, 2014

Taconic sells BankNote Building for $114 million to Marquette and Weinberg
ABN Associates LLC - comprised of affiliates of Taconic Investment Partners and Denham Wolf Real Estate Services - has completed the sale of the BankNote ...

ABS Partners arranges $73 million sale
ABS Partners Real Estate, LLC has sold a development site at 353 and 355-357 Broadway in Tribeca for $73 million. Alan Cohen and Adam Maxson ...

Cassidy Turley acts for the College Board in $49.5 million headquarters sale
Cassidy Turley has represented the College Board in selling its nine-story, 65,303 s/f headquarters at 45 Columbus Ave. to Fordham University for $49.5 million. The ...

Real estate services in a dynamic global marketplace
Today's international business environment has made owning, operating and working at a real estate firm both increasingly demanding and exciting. Through a blended use of ...

Knakal and Ciraulo of Massey Knakal arrange 144-unit portfolio sale
Massey Knakal Realty Services has arranged the sale and financing of a portfolio of residential condominium units within The Corinthian building at 645 First Ave., ...

Borah Goldstein founds community-based pro bono clinic with Trinity's Services and Food for the Homeless
Borah, Goldstein, Altschuler, Nahins & Goidel, P.C., recently founded a community based pro bono clinic in conjunction with Trinity's Services and Food for the Homeless ...

Executive of the Month: As president of Dallien Realty, Nile Lundgren leads an elite force of experts through sound guidance and expertise
This December, Nile Lundgren, the president of Dallien Realty and the agents will celebrate more than the holiday season. December, 2014 will mark the two ...

Burk, Tamara and Chew of CPEX broker three sales totaling $8.6 million
The CPEX New York mixed-use investment sales team completed the sale of a mixed-use portfolio consisting of three buildings at 368 Myrtle Ave., 584 Myrtle ...

Emerald Creek Capital provides 11 bridge loans totaling $30 million this summer
Emerald Creek Capital, a private equity firm based in New York City, provided 11 bridge loans totaling $30 million this summer. Proceeds were disbursed to ...

Investors Bank provides $35 million in financing to the owner of 220 Fifth Ave.
The Investors Bank commercial real estate lending group recently provided $35 million in mortgage financing to the owner of a 20-story Historic Landmark office building ...

Madison Realty Capital closes $19 million in debtor-in-possession financing for 11 East 36th St.
Madison Realty Capital (MRC), an institutionally-backed real estate private equity firm focused on real estate equity and debt investments in the middle markets, has closed ...

Meridian Capital Group negotiates $57.6 million in financing for six properties
Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, negotiates $57.6 million in financing for mixed-use and multifamily properties in ...

Storz joins HFF as director in the NY office
HFF has hired Erik Storz as a director in its NY office. Storz will focus on debt and equity placement transactions with a particular focus ...

GCP Capital arranges multiple mortgages totaling $117.701 million
GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $117.701 million for the following properties: * $6.175 million for a newly constructed ...

Company of the Month: Through creative innovation and hard work Romer Debbas LLP is growing and expanding
Romer Debbas, LLP recently acquired a seven attorney group from the former firm of Hofheimer, Gartlir & Gross, LLP. The attorneys joining the firm include ...

The Perfect Storm: Surge in 1031 Exchange activity in 2014
In the real estate market, the convergence of much higher tax rates, a very strong commercial market, and a recovering residential market have resulted in ...

Cronin of Q10 | New York Realty Advisors closes $4.5 million in financing
According to Jeanne Cronin, managing director of Q10 | New York Realty Advisors, they closed a first mortgage loan in the amount of $4.5 million ...

Centerline Capital Group officially renamed Hunt Mortgage Group
Centerline Capital Group, a provider of real estate mortgage services for affordable and conventional multifamily housing, has been renamed Hunt Mortgage Group, completing the firm's ...

Savanna signs two new tenants to 100 Wall St. totaling 9,345 s/f
Savanna, a real estate private equity firm, is pleased to announce the following new leases at 100 Wall St.: * SQN will occupy 7,293 s/f on ...

Buchbinder & Warren's Abramson and Diaz handle 1,750 s/f lease
Panchanga Inc, d/b/a FIKA NYC has leased another store at 180 Ninth Ave., aka 361 West 21st St. which is a corner retail unit with ...

Porter, Colen, Lee and McDade of NGKF represent Baptist Church for $16 million
NGKF Capital Markets represented Madison Ave. Baptist Church in the sale of 30 E. 31st St. Certes Partners paid $16 million for the property, which ...

Zarrella and Brennan of Marcus & Millichap broker $1.16 million sale of 313 99th St., a 6-unit apartment property
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the U.S. and Canada, completed the sale of 313 99th St., ...

to oversee management, leasing, and operations Schulman named president and chief operating officer of Brookfield
Accodring to Brookfield Office Properties, the office division of Brookfield Property Partners, Paul Schulman has been named president and chief operating officer of U.S. commercial ...

Cody named vice president, leasing at Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. (ESRT) has appointed Keith Cody as vice president, leasing. Cody joins ESRT from CBRE, where he served as a senior ...

Hasid named chief investment officer at HAP
According to HAP Investments LLC, a New York based international real estate investment and development company, the company co-founder Amir Hasid will assume the position ...

Ingargiola joins CBD Energy board of directors
According to CBD Energy Limited Luisa Ingargiola has joined the board as an independent non-executive director, replacing Todd Barlow. Contemporaneous with her appointment to CBDE's ...

CPEX hires Novak as associate director
According to CPEX Real Estate Services, Rich Novak has joined the company as an associate director on its office leasing and sales team. Novak transitioned ...

Professional Profile: Richard Du, Founder and CEO, Agorafy
Name: Richard Du Title: Founder and CEO Company: Agorafy, Inc. Location: 235 West 23rd St., New York, N.Y. Birthplace: Vietnam Education: Community College First job outside of real estate: ...

Professional Profile: Joseph Dabbah, VP Investment Sales, TerraCRG
Name: Joseph Dabbah Title: VP, Investment Sales Company: TerraCRG Location: Brooklyn, N.Y. Birthplace: Tel-Aviv, Israel Education: J.D. GWU School of Law; B.S. Finance, NYU First job outside of real estate: Real ...

Professional Profile: Peter Reiter, Partner, Romer Debbas, LLP
Name: Peter Reiter Title: Partner Company: Romer Debbas, LLP Location: 183 Madison Ave., New York, N.Y. 10016 Birthplace: Brooklyn, N.Y. Education: Brooklyn College, Brooklyn Law School, NYU ...

Professional Profile: Dov Zabrowsky, Director of Structured Finance, Eastern Union Funding
Name: Dov Zabrowsky Title: Director of Structured Finance Company: Eastern Union Funding Location: Howell, N.J. Birthplace: Queens, N.Y. First job outside of ...

Five years of transformation: Brooklyn's retail (r)evolution
Born and raised in Brooklyn, I've seen the borough evolve before my eyes over the past three decades. Since I began my career in commercial ...

Heller Organization's Heller and Singer arrange 1,500 s/f lease for Diesel
Heller Organization's Scott Heller, CEO, and Josh Singer, vice president, have leased a retail space at rental development 101 Bedford Ave. to Diesel. It marks ...

Eastern Consolidated arranges 5,100 s/f lease for Terence Park's new West Chelsea Hudson Market
Eastern Consolidated arranged a long-term, 5,100 s/f lease for Hudson Market, a new gourmet food market concept by Terence Park at 303 Tenth Ave. in ...

Condren, Triglia and Danut of CPEX complete 168 Court St. lease with Louis Vuitton Subsidiary; Brands first Brooklyn location
The CPEX New York retail leasing team completed a lease agreement at 168 Court St. with a subsidiary of Louis Vuitton. Located between Amity and ...

Can there be too much luxury in New York City?
It's official! Neiman Marcus has confirmed that it will finally open its first full-price store in New York City at Hudson Yards in 2018, putting ...

Theory Holdings signs 79,000 s/f lease at 320 West 13th St.
In a major boost to the ongoing upgrade and repositioning of its landmarked Meatpacking District office building at 320 West 13th St., owner William Kaufman ...

Infinity Real Estate and Nightingale Props. purchase Kingswood Portfolio
Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, in partnership with Nightingale Properties, arranged the purchase of two mixed-use properties ...

Shmaruk and Sherman of The Manhattes Group secure 826 s/f lease for Boom Sushi
The Manhattes Group secured a retail lease for Boom Sushi, a new quick-service made-to-order sushi concept which focuses on premium ingredients at 141 8th Ave., ...

Neiman Marcus flagship to anchor Hudson Yards
Related Companies, Oxford Properties Group and Neiman Marcus Group, Inc. revealed plans to open a flagship Neiman Marcus store on the borough's west side at ...

RKF Named exclusive retail leasing agent for The Factory in Long Island City
RKF has been selected as the exclusive retail leasing agent for The Factory, a one-million s/f, multi-tenant commercial building located at 30-30 47th Ave. in ...