Front Section - July 29-11, 2014

Gross and Matousek of Eastern Consolidated complete $47 million sale; HID Acquisition Group acquires Rockefeller Center development parcel
Eastern Consolidated has arranged the sale of a three-lot land assemblage in the Rockefeller Center area for $47 million. Targeted for a residential condo tower, ...

B. Edelkopf, Y. Edelkopf and Rybinskov of EPIC sell two Brooklyn development sites for $860,000
EPIC Commercial Realty (www.epic-cr.com), a full-service commercial investment brokerage firm, formerly known as Itzhaki Properties, arranged the sale of two development sites in Bedford-Stuyvesant totaling ...

Cuddy and Novotny of CBRE secure 18,266 s/f lease
Fortistar Capital has leased 18,266 s/f at the Gateway Building. The firm is moving its headquarters from the 5th and 6th floors to expanded space ...

Bestreich, Riney, Greenblatt and Shihadeh of Marcus & Millichap sell 7,920 s/f mixed-use property for $2.45 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, arranged the sale of 1215 Myrtle ...

Mignone joins Rose Associates as manager of residential marketing
Rose Associates, the New York-based full-service real estate firm, has hired Andrea Mignone as manager of residential marketing. Mignone will direct marketing and lead generation ...

TerraCRG sells Red Hook industrial property for $1.85 million
TerraCRG, Brooklyn's leading commercial real estate brokerage firm, announced that they have closed on the sale of the industrial buildings at 12- 18 Commerce Street ...

Feldman of Tri-Star Equities receives Honorary Degree from Israel's Technion
Rod Feldman, president and founder of Tri-Star Equities, a Manhattan-based real estate management firm, was awarded an Honorary Fellowship at the Technion-Israel Institute of Technology ...

In a multifacted transaction, FedCap sells HQ, Relocates to 633 3rd Ave. through Savills Studley
FedCap Rehabilitation Services Inc., a New York City-based non-profit agency, has sold its longtime headquarters space and has relocated its executive offices to Midtown, nearly ...

Yankelovich of GFI completes sale of Sheepshead Bay Condo Package for $6.5 million
GFI Realty Services, Inc. a leading, New York-based commercial real estate services firm, arranged the sale of a package of unsold condo units in 2781 ...

GFI closes 35-unit building in Tremont for $3.11 million
GFI Realty Services, Inc. a leading, New York-based commercial real estate services firm, arranged the sale of 805 Fairmount Place, a five-story walk up multifamily ...

New York office market posts lowest overall vacancy rates in 2 years according to JLL second-quarter 2014 office report
Tenants signed a slew of deals for large blocks of space across Manhattan in the second quarter of 2014, a marked change from the steady ...

Business Communication: In business, you are what you write
The business, professional and not-for-profit worlds pay ample attention to networking, obtaining the necessary training and credentials, looking for the next big opportunity, and, of ...

de Blasio celebrates grand opening of 2,000th food establishment to open with assistance from NYC Business Acceleration
The de Blasio administration unveiled the grand opening of Emeline's, the 2,000th new food and beverage establishment to open with the support of the Department ...

UC Funds provides $8.7 million acquisition bridge loan in Queens; Complex consisting of 130 class B apartments
UC Funds funded an $8.7 million acquisition bridge loan for the purchase and renovation of a Queens apartment complex. The apartment complex consists of five, four-story ...

Esh and Hakimian of HPNY structure $40 million for Property Markets Group
In an off market transaction led by Ivan Hakimian and Kevin Esh of HPNY, a four-story loft building located in West Chelsea has traded for ...

NYRS welcomes new co-chairperson Cicilioni
Sophia Cicilioni, sales manager with The Marketing Directors Inc., and current sales manager at The Residences at W New York-Downtown, has been elected co-chairperson of ...

Bar-Or and Kite of Meridian Capital arrange $45 million in financing
Meridian Capital Group, LLC, one of the leading national commercial real estate finance and advisory firms, negotiated a $45 million loan to refinance the Continental ...

Adams & Co. brokers 11,284 s/f at 231 West 39th Street
Adams & Co. Real Estate, LLC brokered 11,284 s/f at 231 West 39th St. "Adam's and Co. has achieved great success at 231 West 39th St.," ...

Argo Real Estate leases 5,000 s/f to Adorama, Inc.
Argo Real Estate welcomes Adorama, Inc. The retailer signed a new ten-year, 5,000 s/f lease for ground-level space at the Argo owned and managed property ...

Abudi of GFI trades $14.7 million mixed-use elevator building; Building consists of 32 apartments and 5 stores
GFI Realty Services, Inc. arranged the sale of 3760 Broadway, a six-story elevator mixed-use building, located in the Washington Heights section of the borough. The ...

Grossenbacher of Brown Harris Stevens elected world president for FIABCI
According to Brown Harris Stevens, the exclusive affiliate of Christie's International Real Estate, real estate broker Danielle Grossenbacher has been elected 2015-2016 world president of ...

Goldflam of Highcap reps Madison Realty Capital in $12.275 million sale
Josh Goldflam, managing principal of investment sales firm Highcap Group, arranged the sale of the property located at 150 West 84th St. in the Upper ...

LichtensteinRE secures $4 million sale of four-story walk-up apartment prop.
Andrew Lichtenstein, president of LichtensteinRE, exclusively represented the long-term family ownership to sell their property for $4 million, all-cash. The buyer was represented by Marcel ...

The Durst Organization signs 64,303 s/f to Fedcap
Fedcap has signed 64,303 s/f to take a leasehold condo at The Durst Organization's 205 East 42nd St. Fedcap purchased a leasehold condo in the ...

Arlos, Corbin and Doshi of Besen sell four-bldg. portfolio for $18.375 million
Besen & Associates arranged the sale of a four-building portfolio including 150-152, 154, 158-160 and 170 Vermilyea Ave., all located in the Inwood section of ...

The Brodsky Org. offering 3,000 s/f of retail
The Brodsky Organization has 3,000 s/f of retail space available at 1156 Madison Ave. The ground level space, located between 85th and 86th Sts., also ...

Montaquiza joins MHP Real Estate Services as a senior managing director
Robert Montaquiza has joined MHP Real Estate Services as a senior managing director. For 15 years Montaquiza has specialized in tenant and landlord representation in Manhattan, ...

Shkury, Sozio, Tortorici and Deutch of Ariel secure $15.4 million portfolio sale
Ariel Property Advisors arranged the sale of a portfolio of two mixed-use buildings with 59 units at 220 West 116th St. and 449 West 125th ...

Savanna signs 11,250 s/f lease to Imaginary Forces at 80 Broad Street
According to Savanna, Imaginary Forces (IF) has signed a lease at 80 Broad St., occupying 11,250 rentable s/f on a portion of the 20th floor ...

East River hires Bhatia as director of development
East River Partners, LLC has appointed Ravi Bhatia as the firm's new director of development. Prior to joining East River Partners, Bhatia was director of operations ...

TTL: Rugman of NYREJ completes 5k at 4th Annual Hussdog Jog
Rachel Rugman, editor of the New York/New England Real Estate Journal, participated in the 4th Annual Hussdog Jog, formerly the Steven R. Hussey 5K Memorial ...

TTL: NYREJ Employees attend Suffolk Downs
On June 23 New England Real Estate Journal employees went to Suffolk Downs to watch NEREJ Stables' horse Sharp Tongue race in the ninth race....

TTL: Robinson of NEREJ welcomes new edition Vivian
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TTL: Andrews of NEREJ marries Bauer
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Grossman of NAI Friedland sells 80,000 s/f facility for $3.85 million
NAI Friedland vice president Andy Grossman has brokered the sale of an 80,000 s/f industrial building located at 750 South Fulton Ave. for $3.85 million. ...

Lively and Maddigan of Massey Knakal secure sale of 213 Green St. in Brooklyn for $1.75 million
Massey Knakal arranged the sale of a multifamily building at 213 Green St., located between Manhattan Ave. and McGuinness Blvd. in the borough's Greenpoint neighborhood. ...

Petsios joins VHB as corporate managing director
VHB welcomes Tammy Petsios as corporate managing director for air quality and noise services. Petsios previously served as vice president and national practice manager for ...

Houlihan-Buckley and Houlihan of Houlihan-Parnes finance $13.12 million
Kelly Houlihan-Buckley and James Houlihan of Houlihan-Parnes Realtors, LLC arranged the placement of a first mortgage in the amount of $13.12 million on a property ...

Bello of Houlihan Lawrence named Best Realtor in Westchester County by Westchester Magazine
According to Houlihan Lawrence, agent Biagio "Gino" Bello has been voted the county's best real estate agent for 2014 by the readers and editors of ...

Leventhal of Faros Properties recognized as Rising Star
Jeremy Leventhal, managing partner at Faros Properties, was honored by the Business Council of Westchester with a "Rising Star - Westchester's Forty Under Forty" award ...

Hirsch, Karpel and Schmuckler of Meridian finance $66 million loan
Meridian Capital Group, LLC negotiated a $66 million loan for the purchase of the St. Moritz Apartments multifamily property on behalf of a fund managed ...

Company of the Month: Breslin Realty: Building success and sharing property management know-how in a robust real estate market; engages in residential and commercial projects on Long Island for 60 years
Garden city, NY In a rebounding real estate market, the concept of investing in commercial property is looking more appealing to investors. However, the benefits ...