Front Section - August 25-7, 2015

Law: Is your office prepared for the next disaster?
Over the past few years, from 9/11 to Hurricane Sandy, our region of the country has experienced real emergencies that have taken a toll, both ...

Department of Transportation commencing $100 million Vision Zero project
Mayor Bill de Blasio revealed that shovels are hitting the ground on a $100 million Vision Zero project to redesign Queens Blvd. as a safe, ...

Enterprise and HUD release National Emergency Preparedness Toolkit
Enterprise Community Partners Inc. (Enterprise), a national organization that creates and advocates for affordable housing in thriving communities, and the U.S. Department of Housing and ...

Meridian Capital Group arranges $10 million in CMBS financing; Negotiated by Bar-Or, Williams, and Neuman
Meridian Capital Group, one of America's most active debt broker, arranged $10 million in permanent financing on the Best Western Gregory Hotel. The $10 million, 10-year ...

Ariel Property Advisors completes two sales totaling $9.4 million; Sozio, Tortorici, Berkowitz, Gillis & Atlas rep both parties
Ariel Property Advisors arranged the sale of two multifamily properties in the Northern section of the borough for a total of $9.4 million. The properties ...

Guarino and Ren of Friedman-Roth secure $16 million sale of development site
Friedman-Roth Realty Services LLC arranged the sale of 1985-1991 Third Ave. , for the second time in 2 years. This property sits on the corner ...

Holliday of Cresa awarded Service Provider of the Year
Kent Holliday, principal of consulting services at the New York office of Cresa, one of North America's largest tenant representation firms, has been awarded Service ...

Marcus & Millichap sells 664 Avenue of the Americas for $8.15 million; Team of Von Der Ahe, Koicim, Lefkovits and Markley
Marcus & Millichap, one of the leading commercial real estate investment services firms with offices throughout the U.S. and Canada, arranged the sale of a ...

Savanna arranges sale of 210 Bedford Avenue to Status
Savanna, the New York-based real estate private equity and asset management firm, arranged the sale of 210 Bedford Ave. in Williamsburg to an affiliate of ...

Hakimian and Scharf of HPNY secure $11.6 million
104 Audubon Ave. in Washington Heights AKA 550 West 171st St. has traded hands in an off market deal for $11.6 million. The building is ...

Sternhell and Vanderpool of Cignature broker $7.04 million sale; Reps buyer: Heritage Realty / seller: Haven Holding
Cignature Realty Associates arranged the $7.04 million sale of a five-story, walk-up apartment building in Washington Heights, across from Columbia University's Medical Center dormitories to ...

Wierzbicki of Pliskin Realty & Development brokers 10-year lease
According to Pliskin Realty & Development, a prominent New York-Metropolitan area retail real estate brokerage, property management and investment firm, sales associate Christopher Wierzbicki brokered ...

CREW New York hosts careers program for BALI on July 23
One of New York City's largest professional organizations for women in commercial real estate, CREW New York, hosted its latest CREW Careers: Building Opportunities session ...

Property of the Month: Matrix Corporate Park looks ahead to full tenancy and celebrates 31 new leases and 14 renewals; market responded to $5 million of Matrix capital improvements throughout its 13 buildings
Two years after its acquisition, Matrix Corporate Park (400,000 s/f) is celebrating 31 new leases and 14 renewals. The market responded to $5 million of ...

JLL's second-quarter Westchester office market report; Westchester County posts another quarter of rising leasing activity
JLL reported that Westchester County continued to enjoy a surge in leasing activity in the second quarter of 2015. The boost in deal volume began ...

Houlihan of Houlihan-Parnes Realtors, LLC secures $500,000 mortgage for 51 Van Cortlandt Park Avenue
Jeremiah Houlihan of Houlihan-Parnes Realtors, LLC arranged a loan secured by a 1st mortgage in the amount of $500,000 encumbering a property located at 51 ...

Dunion joins Marcus & Millichap Capital Corp. as loan originator associate
Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has hired John Dunion as a loan ...

St. John's Riverside signs 15,000 s/f lease at Simone Development's Boyce Thompson Center
In its first major lease at the Boyce Thompson Center under construction in Yonkers, Simone Development Companies has revealed that St. John's Riverside Hospital has ...

Sally Beauty leases 1,970 s/f at Post Road Plaza; Korris of levin welcomes tenant
Sally Beauty Supply is now open at Post Road Plaza, according to Levin Management, exclusive leasing and managing agent for the 267,000 s/f shopping center. ...

Bello of Houlihan Lawrence named "Best Realtor in Westchester" for second consecutive year
According to Houlihan Lawrence, one of the leading real estate firms serving New York City's northern suburbs, White Plains agent Biagio "Gino" Bello has again ...

Stark Office Suites ranks highest among office suite companies on the Inc. 5000 List
Stark Office Suites, which offers premium turn-key, flexible executive offices and virtual office services for successful professionals and entrepreneurs throughout the NY Metropolitan Area, has ...

GDC unveils plans for 55-unit apartment building in Yonkers; Three-story building at 1175-1183 Warburton Avenue
The Ginsburg Development Companies (GDC) unveiled a plan for a 55-unit apartment building in the Greystone neighborhood as the latest project in its GDC Rentals ...

Klosed Properties purchases 2809 3rd Ave. for $1.56 million; Hakimian of Highcap reps Klosed Properties and seller
Klosed Properties has purchased 2809 3rd Ave. for $1.56 million. The subject property is a 7,200 s/f, four-story corner mixed-use building, located in Mott Haven, ...

Levkov of Colliers arranges 6,850 s/f headquarters lease
Colliers International arranged a long-term, 6,850 s/f headquarters lease for non-profit organization Publicolor at 20 West 36th St. The New York City-based non-profit - which seeks ...

Welco signs 50,000 s/f to Fairway Market
Welco Realty, Inc., an XTeam partner, arranged the signing of a 50,000 s/f lease with supermarket chain Fairway Market at Georgetowne Shopping Center, 2149 Ralph ...

Executive of the Month: Scepanovic, founder of Ideal Properties Group: Welcomes challenges where others see impassable barriers; resolve and persistence will be sure to turn Brooklyn business into a household name
In situations where others see impassable barriers, Aleksandra Scepanovic, founder of Ideal Properties Group, sees an opportunity to tackle obstacles and welcome challenges. Over the ...

H2M architects + engineers congratulates the Keys-Collins; H2M employees volunteer to complete Mastic beach home
In support of Habitat for Humanity of Suffolk County, H2M architects + engineers would like to congratulate the Keys-Collins family on their new Mastic Beach ...

Ceccarelli joins Wilson Elser's New York City office
According to National law firm Wilson Elser, Joseph Ceccarelli has joined the firm's New York City office as a partner. Ceccarelli was a founding and ...

Professional Profile: Joseph Ceccarelli 2015
Name: Joseph Ceccarelli Title: Partner Company: Wilson Elser Location: 150 East 42nd St., New York, N.Y. Birthplace: New York City Education: B.A. Economics & J.D. Fordham University First job ...

Professional Profile: Gale Brewer 2015
Name: Gale Brewer Title: Manhattan Borough President Company: The City of New York Location: Manhattan Birthplace: Boston, MA Education: Bennington College and Columbia University, Harvard University Kennedy School of Government First ...

Professional Profile: Ayush Kapahi 2015
Name: Ayush Kapahi Title: Co-Founder & Chief Originations Officer / Principal & Founder Company: CityFunders & HKS ...

Professional Profile: Jerry Swartz 2015
Name: Jerry Swartz Title: Co-Founder / Founder & Partner Company: CityFunders & HKS Capital Partners Location: Chelsea, N.Y.C. Birthplace: Providence, R.I. Education: Bachelor's in Business Administration, Boston University First job ...

Preventing pests in vacant commercial spaces
Vacant commercial real estate space is costly - not just to your bottom line, but in the structural damage your property can suffer when pests ...

Thru the Lens: Ariel Property Advisors' hosts The Borough Presidents Forum: An Inside Look At The Outer Boroughs
Over 250 property owners, managers and real estate professionals gathered at Club 101 on July 30 for Ariel Property Advisors' semi-annual Coffee & Cap Rates ...

Thru the Lens: Dolkart discusses 50-year anniversary of the New York City Landmarks Law.
On July 28 at The Skyscraper Museum, Andrew Dolkart, the director of the Historic Preservation Program and professor of Historic Preservation at Columbia University's Graduate ...

Thru the Lens: Argo Real Estate hosts first annual ProAm Golf Outing
Argo Real Estate recently hosted its first annual ProAm Golf Outing at Baiting Hollow Golf Club. The exclusive event was attended by Argo's business partners ...

Thru the Lens: Hollander Book Launch
On July 18th, Fisher Brothers, Witkoff and New Valley, the developers of 111 Murray St., an 800 foot curved glass tower in TriBeCa, hosted a ...

Gorjian of Namdar acquires Webster Plaza
Joel Gorjian and Namdar Realty Group have acquired the Webster Plaza; a 201,425 s/f center in in Worcester County. The center is anchored by Kmart ...

Canopy by Hilton and Hyatt House to operate hotels in shared building
Savills Studley's U.S. Capital Markets Hospitality Group advised Hoffman-Madison Waterfront, the master developer of the mixed-use waterfront community The Wharf, in choosing Hilton Worldwide and ...

Procida's 100 Mile Fund tops $200 million in new loan originations
According to Procida, it's 100 Mile Fund has topped $200 million in new loan originations since launching their real estate investment fund in October of ...

Rosenzweig, Hosmer and Miller of C&W handle senior housing finance
As advisor to ROC Seniors Housing, Cushman & Wakefield's Senior Housing Capital Markets group has arranged the financing for the recapitalization of Jacaranda Trace, a ...

G5 raises $76 million investment led by Peak Equity Partners
G5, one of the leaders in maximizing digital marketing effectiveness for the property management sector, arranged the closing of a $76 million investment led by ...

Brennan acquires Landmark Plastic Corp.
Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, revealed its acquisition of 1331 Kelly Ave. The ...

Rubenstein secures $28.5 million refinancing
Rubenstein Partners, L.P., a vertically integrated real estate investment manager specializing in value-added office property opportunities in the Eastern half of the United States, arranged ...

Monmouth Real Estate acquires $35.3 million industrial bldg.
Monmouth Real Estate Investment Corp. completed the acquisition of a new 304,608 s/f industrial building located in the Fort Worth Alliance Airport at 2701 Texas ...

ATCO and Flywheel Group JV purchase development site
ATCO Properties & Management, a Manhattan-based owner/operator of class A commercial real estate, has partnered with local development firm Flywheel Group LLC to purchase a ...

HFF handles $81.38 million for 15-property industrial portfolio
Holliday Fenoglio Fowler, L.P. (HFF) secured an $81.38 million refinancing for a 15-property, 2.58 million s/f industrial portfolio with a mix of warehouse, distribution and ...

Tzaidi of EPIC Commercial secures $109 million sale of five lot assemblage; sole broker between Merchant Hospitality and a Senior Living Company
EPIC Commercial Realty arranged the sale of 1802-1810 2nd Ave. & 303-305 East 93rd St., a five lot assemblage located in the Upper East Side. ...

Silvershore Properties sells 10-building portfolio to Related Companies for $39.4 million; Cohen of Rosewood reps Silvershore
Silvershore Properties sold a 10-building portfolio of walk-up residential buildings in Brooklyn and Queens to Related Companies for $39.4 million. All 10 properties in the 66,500 ...

Koda and Soleiman of Besen & Associates complete sale of 131 West 80th Street for $5 million
Besen & Associates arranged the sale of 131 West 80th St., located between Amsterdam Ave. and Columbus Ave. in the borough's Upper West Side. Besen ...

08-27-2015 - City council speaker Mark-Viverito, NYC HPD, CPC, El Barrio, and Enterprise host Neighborhood Preservation HelpDesk
New York, NY New York City Council Speaker Melissa Mark-Viverito, New York City Department of Housing Preservation and Development (HPD), The Community Preservation Corporation (CPC), ...