Ehrlich named president of Rose Associates, Inc.
New York, NY Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, has announced that Marc Ehrlich has been promoted to the position of president. Ehrlich has acted as Rose’s chief investment officer since 2018. Amy Rose will continue to oversee the firm’s activities as its chief executive officer. Ehrlich’s appointment marks the first time someone outside of the Rose family has acted as president of the
REBNY and The Durst Organization
celebrate LEED Platinum certification
Manhattan, NY The Real Estate Board of New York (REBNY) and The Durst Organization said that the trade association’s office renovation at 570 Lexington achieved LEEDv4 Interior Design and Construction certification at the Platinum level, the highest level of LEED certification.
Ariel Property arranges $16.5 milliion sale of two multifamily buildings
Manhattan, NY Ariel Property Advisors (Ariel) has brokered the sale of two 6-story elevator buildings totaling 109,530 s/f at 226 & 259 West 144th St. in Harlem for $16.5 million. The buildings house 110 residential units and one ground floor commercial unit.
Weaver and Tidwell, L.L.P. to consolidate into Vornado Realty Trust ’s PENN 1 office tower
Manhattan, NY Vornado Realty Trust has secured a new lease with Weaver and Tidwell, L.L.P. (Weaver) at PENN 1. Weaver, which occupies 8,000 s/f on a portion of the 32nd floor, will now occupy 36,500 s/f across the entire 28th floor. Buchbinder Tunick & Co., a firm that
Campi-Conde of NAI Long Island leases 9,848 s/f at Riverhead Office Park to Long Island Select Healthcare
Riverhead, NY NAI Long Island disclosed that Marian Campi-Conde completed a long-term lease transaction for 9,848 s/f of medical office space at the Riverhead Office Park, 877-905 East Main St. on behalf of Long Island Select Healthcare (LISH). Campi-Conde represented the tenant.
Forchelli Deegan Terrana LLP
opens Hauppauge office
Hauppauge, NY Forchelli Deegan Terrana LLP opened a Suffolk County office at the 100 Motor Pkwy. This class professional office building is located at the gateway of the Hauppauge Industrial Park, and is accessible off of the LIE and Northern State Pkwy.
Perlman of Largo Real Estate secured acquisition financing for $2.9 million
Amherst, NY Ned Perlman, of Largo Real Estate Advisors, Inc., has successfully secured acquisition financing for a value-add multi-family project located. The property consists of 15 duplexes, broken into fifteen two-bedroom units and fifteen three-bedroom units.
Westchester County IDA approves WBP Development’s $94m housing complex
White Plains, NY The Westchester County Industrial Development Agency (IDA) voted on August 29 final approval of financial assistance for construction of a $94 million all-affordable apartment complex located in the Village of Ossining.
LCOR holds grand opening
for 1515 Surf - 463-unit community
Brooklyn, NY LCOR, a real estate investment, development and management firm, has commenced the grand opening and completion of 1515 Surf, a new waterfront residential community that includes 463 units in the Coney Island neighborhood.
Global Holdings’ residential tower Anagram Columbus Circle fully leased
Manhattan, NY Global Holdings’ luxury residential tower, Anagram Columbus Circle, has achieved full occupancy. All 123 apartments within the 26-story property offer chic, condo-level design and luxe amenities package, all within a prime location.
BEB, Totem/Ailanthus, and SK Development top out 193,000 s/f development at 737 4th
Brooklyn, NY The partnership team of BEB Capital (BEB), Totem/Ailanthus, and SK Development topped out of 737 4th Ave., a 193,000 s/f, 14-story, 187-unit mixed-income housing and retail development in Sunset Park. Of the 187 residential units
