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Metropolitan Realty Associates launches self-storage facility in The Shops at Nanuet

Nanuet, NY Metropolitan Reality Associates, LLC, (MRA), under the leadership of CEO and founder Joe Farkas, launched a state-of-the-art...

Herold named president of board of directors of Long Island Cares

East Meadow, NY David Herold, partner at Certilman Balin Adler & Hyman, LLP, was named president of the board of directors for Long Island Cares

Deregulating a rent stabilized property by “Substantial Rehabilitation” - by Steven Kirkpatrick

Following enactment of the Housing Stability and Tenant Protection Act of 2019 (HSTPA), “substantial rehabilitation” is one of the only remaining ways that an owner can deregulate a rent stabilized building. The scope of work required for a substantial rehabilitation is essentially a gut renovation

Perlman of Largo Capital secures mortgage to finance the acquisition of an 84-key Marriott

Finger Lakes, NY Ned Perlman of Largo Capital secured a long-term permanent first mortgage to finance the acquisition of an 84-key Marriott Fairfield Inn and Suites hotel. This area is known

Coscia of Largo secures mortgage to refinance multi-family property

Depew, NY Kevin Coscia of Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance the existing debt on a multi-family property. The property features 70 newly developed residential units equipped with modern finishes

Investment Property Realty Group brokers four sales totaling $7.185 million

Brooklyn, NY Investment Property Realty Group (IPRG) negotiated four sale transactions totaling $7.185 million. IPRG brokered the sale of 75 Calyer St. in Greenpoint for $3 million. This property is located between West and Franklin Sts. The lot is 24.42 ft. x 100 ft.

ABS Partners Real Estate leases 14,875 s/f
at 915 Broadway

Manhattan, NY Two new tenants have leased space at the fully renovated 915 Bdwy., said Gregg Schenker, president/co-managing partner in ABS Partners Real Estate, which manages and leases the building. The new tenants are: Stanford University, which has leased 5,885 s/f on the 18th floor

Wells Fargo plans 445,000 s/f
expansion at Hudson Yards

Manhattan, NY Wells Fargo has released its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction

Rudin completes headquarters expansion
with Davis & Gilbert

Manhattan, NY According to Rudin, Davis & Gilbert LLP is growing its headquarters at 1675 Bdwy., a 35-story, 800,000 s/f office tower in Midtown. Davis & Gilbert has occupied 86,102 s/f across the building’s 31st through 34th floors and a portion of the 35th floor since 2019.

L&L Holding Company secures full floor lease with Payoneer at 195 Broadway

Manhattan, NY L&L Holding Company has finalized an agreement with the financial technology firm Payoneer to relocate its headquarters to 195 Bdwy., its class A office building in Lower Manhattan.