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Citizens Commercial leads $91 million in financing for DivcoWest

Manhattan, NY According to Citizens Commercial Banking, its commercial real estate finance team is leading a $91 million loan for DivcoWest, to acquire a 15-story, 192,000 s/f, boutique office property located at 311 West 43rd St.

Holloman of Lee NYC arranges $1.28 million sale of 1575 East Gun Hill Road, Bronx

Bronx, NY Alfonso Holloman, CCIM, senior managing director/principal of Lee & Associates NYC has arranged the sale of the property at 1575 East Gun Hill Rd., between Kingsland and Mickle Aves., in Baychester…

Mojo Stumer to renovate six-story mixed-use buildings in South Harlem

Manhattan, NY According to Mojo Stumer, a renovation of two six-story mixed-use buildings at on Fifth Ave. in South Harlem is underway.

Influx of technology firms drives outer borough growth - by Michael Weiser

Amazon’s decision to open a second headquarters in Long Island City–and its subsequent reversal–highlighted a clear trend in New York City, wherein the entrance of technology firms to a neighborhood has a clear and positive impact on the subsection’s real estate

Venture Capital sells 28,000 s/f in Midtown South for David Z shoes

Manhattan, NY According to Ryan Sabet, managing director of Venture Capital Properties, David Zaken, president of the David Z shoe chain, sold a 28,000 s/f commercial and…

REBNY honors Calandriello of JRT Realty and Conrad of C&W with 2018 Most Promising Commercial Salesperson of the Year award

Manhattan, NY Commercial real estate brokers Lauren Calandriello of JRT Realty Group Inc. and Will Conrad of Cushman & Wakefield (C&W) have each been named a 2018 Most Promising Commercial Salesperson of the Year by

Stakey of Certilman Balin named public interest attorney of the year

East Meadow, NY Touro College Jacob Fuchsberg Law Center honored Darren Stakey, an associate at Certilman Balin, with the Public Interest Attorney of the Year Award.

Gamil and Mingazov bring team to RE/MAX Edge

Brooklyn, NY Daniel Gamil and Ruslan Mingazov recently joined RE/MAX Edge. The duo were previously associated with Keller Williams Realty.

SIGNA Group and RFR Holding JV to acquire Chrysler Building from Abu Dhabi Inv. Council and Tishman Speyer

Manhattan, NY SIGNA Group, one of Europe’s leading privately-owned investment companies, and real estate developer RFR Holding have agreed to acquire the Chrysler Building. SIGNA and RFR entered into a joint venture to acquire the asset…

Bestreich Realty Group handles three sales in Brooklyn totaling $9.05 million

Brooklyn, NY Bestreich Realty Group (BRG) completed three sales totaling $9.05 million. Includes 298 7th Ave., a mixed-used property in the Park Slope neighborhood sold for $3.4 million by Bestreich, Sproviero, Lobel, Waring, and Kates…