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Ibrahim of Entrepreneur Properties sells vacant lot in Long Island City for $13.3 million

Queens, NY Entrepreneur Properties sold 37-29 31 St. in Long Island City for $13.3 million. Currently a vacant lot, the 100 ft. x 180.65 ft. lot footprint has approved plans for a 71,000 s/f mixed-use

City Urban Realty acquires Brooklyn multifamily for $15 million

Brooklyn, NY Michael Alvandi’s City Urban Realty has acquired a 26-unit multifamily building in Dumbo from South Heights Development LLC, who developed the property in 2003, for $15 million.

Outside the Region: Meridian Capital Group arranges $9.8 million in acquisition financing for Two Guys Commons Shopping Center in York, PA

York, PA Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an 110,000 square foot shopping center on behalf of RW Capital Partners, Inc. and Vastgood Properties, LLC. The 10-year CMBS loan features a rate of 3.89% and three years of interest-only payments. This transaction was negotiated by Meridian VP, Bryan Kallenberg, and associate, Meyer Ovadia

ERA Decker Real Estate joins HUNT Real Estate ERA, expands into Southern Tier

Whitney Point, NY HUNT Real Estate ERA has expanded its presence in the Southern Tier region by acquiring ERA Decker Real Estate, a locally-owned real estate firm. ERA Decker has served the region for nearly

SL Green Realty to sell The News Building for $815 million

Manhattan, NY According to SL Green Realty Corp., it has entered into a contract to sell 220 East 42nd St. in Midtown for total consideration of $815 million, or $715 per s/f. The

Rice and Kessler of SCG Retail and San Andres of Buckley Org. broker 4,875 s/f lease

Manhattan, NY SCG Retail completed a 4,875 s/f lease for Jungsik at 151 West 30th St. SCG represented the landlord, Lake Street, who owns the entire building. Ian Rice and Seth Kessler of SCG Retail represented

Outside the Region: Walker joins New Jersey office of Kaufman Dolowich & Voluck

Hackensack, NJ According to Kaufman Dolowich & Voluck LLP (KDV), a leading national law firm, Karol Corbin Walker has joined the firm as a business, commercial and employment litigation partner. Walker, who has 30 years of experience, was the first African American president of the New Jersey State Bar Association (NJSBA) and the first African American woman to

Cain International places $750m for Aman and OKO Grp. project; construction financing provided by Bank OZK towards $1.25b development

Manhattan, NY According to Aman and OKO Group, they have obtained a $750 million construction loan from Cain International to finance the development of Aman New York which will occupy the

Bestreich, Reynolds, Reynolds, and Davila of Bestreich Realty Group facilitate $1.35 million sale

Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 218 Hull St. in the Ocean Hill neighborhood. This multifamily property sold for $1.35 million which equates to $178 per s/f. This building features

American Premier Markets expanding niche market

Rye Brook, NY American Premier Markets, LLC (APM) is seeking expansion opportunities throughout the Hudson Valley market area. The company, established in 1997, is an operator of indoor and outdoor flea markets selling a