Front Section - April 14-27, 2015

Quadrum and SBD sign 99-year ground lease at 267 West 87th Street; Carrega, Epstein, Helman, Kingsley and Meister of Avison Young rep landlord
A partnership of Quadrum Global (Quadrum), an international investment and development firm focused on value-added properties, and Simon Baron Development (SBD), has signed a 99-year ...

Founder's Message: Donald Trump Returns
On a chilly January 8, 2004 evening I sat in a local restaurant (Bellas) with several employees. To our surprise, at around 8 p.m., the ...

Haque of Friedman-Roth Realty and Ragone of Brick Realty complete $5.75m sale of 2700 Jerome Avenue
Friedman-Roth Realty Services (www.friedmanroth.com) arranged the sale of 2700 Jerome Ave. The property, consisting of 117,000 buildable s/f, is located across from the Kingsbridge Armory. ...

Investment Sales: New broker perspective: A worldly approach
The challenges of being one of the youngest investment sales professionals in the New York real estate market can seem infinite. Many rookie dealmakers face ...

$3 billion in federal funds to repair 33 Sandy-damaged NYCHA developments
New York City mayor Bill de Blasio and U.S. senator Charles Schumer revealed $3 billion in federal funding to repair and protect 33 public housing ...

Anderman of Meridian arranges $160 million in permanent financing; Two mixed-use properties on behalf of The Moinian Group
Meridian Capital Group, one of America's most active debt brokers, negotiated a $160 million loan for the refinance of two adjacent mixed-use properties on behalf ...

First American Title Insurance Company acquires New York-Based TitleVest
First American Title Insurance Company, one of the leading providers of title insurance and settlement services and the largest subsidiary of First American Financial Corp., ...

Rose Associates named managing and leasing agent at The Wimbledon
Rose Associates, the New York-based full-service real estate firm, has been named the exclusive leasing and managing agent at The Wimbledon, a rental property located ...

Hirschfield, Gold, Sozio and Agbaba of Ariel secure $6.7 million; Includes $2.5 million sale of 130-134 East 177th Street
Ariel Property Advisors arranged the following sales of three properties in the Bronx and Westchester for $6.7 million: * A 75-foot-wide development site offering 56,438 ...

Village of Ossining seeks developer for historic building at 200 Main Street
The Village of Ossining is seeking a qualified developer to collaborate with the village in the renovation and re-use of a National Register-listed historic building ...

Sushi Zen relocates to Durst's 114 West 47th Street
According to The Durst Organization, Sushi Zen, Inc. has signed a 20-year lease for 6,508 s/f of retail space at 114 West 47th St. Sushi ...

Mordekhai of Forest Park Properties completes two sales totaling $5.3 million; $2.75 million sale for seller; Kew Properties and buyer; 4747 Bronx Blvd.
Raymond Mordekhai of Forest Park Properties brokered the following two sales in the borough totaling $5.3 million: * The sale of 4747 Bronx Blvd. for $2.75 ...

Hamamy and Zamir of GFI Realty secure $5.2 million sale
GFI Realty Services, Inc. arranged the sale of 93-11, 93-13 & 93-15 Lamont Ave., three contiguous four-story walk-up apartment buildings located in the Elmhurst section ...

Advanced Focus signs 8,732 s/f lease renewal at 373 Park Avenue South
Advanced Focus, a nationally-recognized recruiting house, will extend its commitment at ATCO Properties & Management's 373 Park Ave. South for another five years. The firm, which ...

Professional Profile: Joseph Apicella 2015
Name: Joseph Apicella Title: Managing Director Company: MacQuesten Companies Location: 438 Fifth Ave., Pelham, N.Y. Birthplace: Yonkers, N.Y. Education: BS Political Science First job ...

Professional Profile: Gina Mavica 2015
Name: Gina Mavica Title: Partner Company: BakerHostetler Location: 45 Rockefeller Center, New York, N.Y. Birthplace: Brooklyn, N.Y. Education: Brooklyn Law School First job outside of real estate: Law Clerk - ...

Professional Profile: Colleen Wenke 2015
Name: Colleen Wenke Title: Vice President Company: Taconic Investment Partners LLC Location: 111 Eighth Ave., New York, N.Y. 10011 Birthplace: Queens, N.Y. Education: MS Real Estate Finance and Development from ...

Professional Profile: Dennis Russo 2015
Name: Dennis Russo Title: Chairman, NY Real Estate Practice Company: BakerHostetler Location: 45 Rockefeller Center, New York, N.Y. Birthplace: New York, N.Y. Education: Undergraduate and JD: ...

Gilbert of Gilco Rlty. brokers sale of 2475 Westchester Avenue for $3.137 million; Zamechansky of KZA reps buyer, Twu Counseling Center
Gilco Realty LLC, a real estate brokerage company specializing in the sale and leasing of commercial and industrial properties in the Bronx, arranged the sale ...

Leone promoted to SVP, digital marketing for Terra Holdings
According to Halstead Property, Matthew Leone has been promoted to senior vice president, digital marketing for Terra Holdings, Halstead's parent company. In his new role, ...

Kingsley and Karmitz of Avison Young complete long-term net lease with 1220 Lexington SM Lessee
According to Avison Young, one of the world's fastest-growing commercial real estate services firms, its New York City-based Capital Markets Group has completed a long-term ...

Thru the Lens: Broker Breakfast held March 10 at the Purchase Professional Park
More than 40 commercial real estate brokers were on hand for a Broker Breakfast held March 10 at the Purchase Professional Park. The Purchase Professional ...

TTL: Palm Beach Business
Long Island business leaders Michelle Marie Zere, Zere Real Estate Service, Steve Levy, Common Sense Strategies and former Suffolk County executive, Marie Zere, Zere Real ...

TTL: Barone Of IVI addresses Anchin Construction & Development Forum
Robert Barone, senior managing director of IVI International, a CBRE company, was a guest panelist discussing residential construction and development in New York City at ...

TTL: Skyline Management Corp. hosts the New York Council of Relocation Professionals
With more than 50 people in attendance, including professionals from the real estate, finance, moving and healthcare industries, Manhattan Skyline Management Corp., one of New ...

Letter of Intent - Bridge Financing for Townhomes
Bridge lenders have started to move into a new territory to fill the need of townhouse developers in Manhattan. With the onslaught of international investment ...

Brick Realty Capital finances $2.5 million
Brick Realty Capital LLC, through an affiliate entity, arranged financing of a first mortgage on a 56-unit apartment building. Brick Realty Capital, through an affiliate ...

Marcus & Millichap arranges $1.585 million sale of 355 Stockholm Street
Marcus & Millichap arranged the sale of 355 Stockholm St., a 6-unit apartment property, according to John Horowitz, regional manager of the firm's Brooklyn office. ...

The commercial classroom: Retail directions
This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practitioners. Where ...

Levy of Adams leases to Affordable Luxury Group; Also reps landlord: Ten West Thirty Third
Adams & Co. Real Estate, LLC, one of Manhattan's premier full-service real estate firms specializing in property management, brokerage and consulting services, brokered a 3,273 ...

Apicella named managing director of development of The MacQuesten Companies
According to The MacQuesten Companies, one of the leading developers of middle-income and affordable housing in New York State, Joseph Apicella, a development executive instrumental ...

Hartman of Pliskin Realty & Development brokers three retail leases - 10,175 s/f
Marvin Hartman, executive vice president at Pliskin Realty & Development, a prominent New York-Metropolitan area retail real estate brokerage, property management and investment firm, closed ...

E. W. Howell completes construction of 63,000 s/f addition to North Shore-LIJ School of Medicine
E.W. Howell, an industry leader in general contracting and construction management completed construction of a 63,000 s/f addition to the Hofstra University North Shore-LIJ School ...

Zach of EPIC sells 709 Grand St. for $3.8 million
EPIC Commercial Realty arranged the sale of 709 Grand St. in East Williamsburg. The three-story mixed-use building houses two apartments and one ground floor retail ...

Ahmed, Stryker and Goldflam of Highcap complete $1.15 million sale
Ahmadu Ahmed, investment sales associate, Larry Stryker, associate broker, and Josh Goldflam managing principal of investment sales firm Highcap Group, arranged the sale of the ...

Be spellbinding: consider influence, persuasion and "enchantment" in real estate
The real estate community is grounded in establishing and maintaining meaningful industry relationships. In a business context, those connections often become the source of referrals ...

Lund: A role model for exemplary community service
By Eliezer Rodriguez, Esq. If you haven't already marked your calendars, it's time to take out the pen and make the following note: "I must call ...

Meet the BMNAR Member
Richard Guarino began his New York City Real Estate Career in 1999 at Extreme Realty. He was trained to broker deals at the young age, ...

14th Annual NYS Commercial Real Estate Conference - June 8-10
By John Lavelle We cordially invite you to join us at the 14th Annual NYS Commercial Real Estate Conference, June 8-10 at the Turning Stone Resort ...

Koch and Gerstel of Friedman-Roth Realty Services arranges $7 million Sale of West 125th St. and West 126th St.
Friedman-Roth Realty Services arranged the sale of a West Harlem apartment building located at 1345-49 Amsterdam Ave. in the s West Harlem section. The property, ...

Ariel marketing restored pre-Civil War mansion at 436 West 20th Street
A painstakingly restored pre-Civil War mansion at 436 West 20th St. that combines the history of old New York with 21st Century luxury is on ...

Shragaei of GFI secures $1.95 million sale of 255 Himrod St.
GFI Realty Services, Inc. arranged the sale of 255 Himrod St., a vacant fully renovated three-story walk up apartment building located in the Bushwick section ...