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Community Preservation Corp. awards $2.7m in grant funding for electrification of 107-unit project
Middletown, NY The Community Preservation Corp. (CPC), a mission-driven non-profit multifamily finance company awarded $2.7 million in grant funding for the electrification of Horizons at Wawayanda, a 107-unit, six-building project.
Ferrara and Kinney Leonhardt of Brax
Realty sell $8.4 million development site
Long Island City, NY Brax Realty brokered the sale of a development site at 10-37 and 10-45 49th Ave. for $8.4 million. The transaction was brokered by Michael Ferrara and Cole Kinney Leonhardt. The property, a 12,000 s/f lot with two vacant commercial buildings
Ariel Property Advisors arranges
loans for six NYC properties
Brooklyn, NY The Capital Services Group for Ariel Property Advisors (Ariel) arranged construction, refinancing and acquisition loans totaling over $17 million for six properties in Brooklyn and Manhattan. Matthew Dzbanek and Matt Swerdlow, both senior directors in Ariel Property
Over 500 attend 50th anniversary
for OLA Consulting Engineering
Valhalla, NY OLA Consulting Engineers LLC celebrated 50 years of excellence in engineering with an anniversary party held in the Atrium of their new office building at the Summit at Westchester, located at 100 Summit Lake Dr. The celebration marked not only a major milestone
H2M architects + engineers receives AIA Long Island Chapter’s Lifetime Achievement award
Melville, NY The American Institute of Architects (AIA) Long Island Chapter awarded architecture and engineering design firm H2M architects + engineers with a Lifetime Achievement Award at the 60th Annual Archi Awards ceremony
Nassau County Industrial Development Agency approves Premiero Cherry plan to construct multi-housing project
Hicksville, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for Premiero Cherry LLC for the construction of a multi-family housing project at 33 and 37 West Cherry Ln. The 35,365 s/f building will be on an-unused 0.4-acre parcel and will contain 20 rental units.
Horvath & Tremblay sells Napa Auto
Parts and OTB for $1.1 million
Troy, NY Brian Ahrens, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a Napa Auto Parts and OTB (Off-Track Betting). Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1.1 million.
Ashforth expands portfolio with
two property assignments - 273,000 s/f
Purchase, NY Albert B. Ashforth, Inc. – Management Services, a division of The Ashforth Company, has been awarded the management assignments for two office properties in Westchester County, N.Y., by Core 4 Capital Corp: 2975 Westchester Ave. in Purchase and 399 Knollwood Rd. in White Plains.
Port Authority of NY & NJ and Durst Organization mark 10th anniversary of One World Trade Center
Manhattan, NY The Port Authority of New York and New Jersey and The Durst Organization are marking the 10th anniversary of One World Trade Center’s opening. At 95% leased, One World Trade Center is a tower offering views, world-class amenities, and a powerful mix of industries.
BXP appoints CBRE to lease
950,000 s/f at 343 Madison Ave.
Manhattan, NY – BXP, one of the largest publicly traded developer, owner, and managers of premier workplaces in the U.S., has appointed CBRE as the exclusive leasing agent for 343 Madison Ave., a 950,000 s/f premier workplace future development project with direct access
Shawmut Design and Construction
acquires First Finish
Columbia, MD Shawmut Design and Construction, a leading $2 billion national construction management firm, has acquired First Finish, a premier full-service hotel renovation contractor, a partnership that combines expertise in large
