Top Stories
Arrow Real Estate Advisors arranges $13 million refinancing for Talo38
Finance

Arrow Real Estate Advisors arranges $13 million refinancing for Talo38

Queens, NY Arrow Real Estate Advisors arranged $13 million in CMBS financing for the refinancing of Talo38, a fully occupied 32-unit multifamily property located at 25-11 38th Ave. in the Dutch Kills neighborhood of Long Island City.
CetraRuddy’s SoMa delivers largest residential conversion in the U.S.
CDE

CetraRuddy’s SoMa delivers largest residential conversion in the U.S.

Manhattan, NY Located in theFinancial District, SoMA at 25 Water St. is an award-winning office-to-residential conversion that is also cited as the largest-ever completed in the United States, creating 1,320 apartments across more than one million s/f.
Gilbane and MURAL Real Estate Partners’ Hillside North Building receives Building of Excellence Award
ODM

Gilbane and MURAL Real Estate Partners’ Hillside North Building receives Building of Excellence Award

Queens, NY Gilbane Development and MURAL Real Estate Partners’ Hillside North Building, part of the first phase of the Jamaica Hillside (“Hillside”) redevelopment, has been selected for a Building of Excellence (BOE) Award from the New York State Energy Research and Development Authority (NYSERDA).
Choyce Peterson brokers $10.35 million sale of 45,876 s/f industrial building
Brokerage

Choyce Peterson brokers $10.35 million sale of 45,876 s/f industrial building

Bronx, NY Choyce Peterson, Inc. negotiated the sale of one of the five largest industrial properties to be sold in the North Bronx in the last ten years, a 45,876 s/f industrial building located at 4341 Bullard Ave. Choyce Peterson brokered the sale for $10.35 million on behalf of the owners, Mark Silberman and Susan Dahlstrom.
Adelphi University turns roof challenge into solar opportunity with SolarKal and Greenskies
ODM

Adelphi University turns roof challenge into solar opportunity with SolarKal and Greenskies

Garden City, NY Adelphi University, Long Island’s top-ranked private university, today announced a major new solar energy initiative on its 75-acre main campus. A new 295 kW solar system on the roof of its Center for Recreation and Sports is now providing renewable solar electricity for the university over the next 20-plus years.

2026 Ones To Watch: Innovators In Commercial Real Estate is here!

The New York Real Estate Journal is proud to present Ones to Watch: INNOVATORS IN COMMERCIAL REAL ESTATE, the third installment in our annual Ones to Watch Series. This special section recognizes companies and individuals who are driving innovation, inspiring change, and making lasting impacts within the industry.  You can also read about innovative products and services that fuel growth, streamline success, and help business owners achieve their goals.
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Articles and Opinions from Our Contributors
BOMA New York: Our responsibility to the next generation - by Sharon Hart
One of the things I have always enjoyed about commercial real estate is that it never stands still. Throughout my career, I’ve watched buildings become more sophisticated, tenant expectations evolve, and technology transform how we manage and operate our properties.
The façade is no longer  just a finish. It’s a risk strategy. - by Bentley Zhao
Twelve-billion-dollar weather disasters have already hit the U.S. through the first half of 2026, causing at least $31.9 billion in damage, according to Climate Central, the nonprofit that now maintains the disaster database NOAA discontinued.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Long Island Ask The Experts: Dry-cleaners and commercial real estate - by Chuck Merritt
If you ask an environmental consultant which type of operations concern them the most, dry cleaners are usually the top answer. If you search the internet for Hazardous Waste Sites (HWS) in your home state, usually 7 or more out of 10 results are dry cleaners since historically they use a chemical known as perchloroethylene or PERC and it only takes a little bit of the chemical to cause an environmental impact that is expensive to address.
Long Island Ask The Experts: The importance of market value and  timing in commercial property tax cases - by Sean Cronin & Brad Cronin
Commercial real estate has changed dramatically over the past several years. Inflation, rising operating expenses, elevated borrowing costs, changing occupancy patterns and increased investment risk have altered the economics of owning commercial property.
Long Island Ask The Experts: Cryptocurrency as collateral: Is it worth the risk? - by Lindsay Mesh Lotito & Kevin Henning
Cryptocurrency has migrated to the portfolios of an increasing number of borrowers. As digital assets become more common, traditional financial institutions must decide whether and how these assets should factor into underwriting decisions.