St. Jude Spirit of Hope event
raises the bar for giving
Manhattan, NY The seventh annual St. Jude Spirit of Hope networking charity event brought together leaders in the construction and real estate industries for an evening of purpose in New York City. The event highlighted what these industries can achieve in support of the lifesaving mission
Meridian Capital Group arranges $70
million refinance for 500,000 s/f office
Queens, NY Meridian Capital Group has arranged $70 million in financing for a 12-story, 500,000 s/f Class A office property located in Kew Gardens. The five-year, interest-only loan was provided by Citi Bank through a CMBS execution.
AmTrustRE’s 203 Jay St. secures
20,000 s/f in office and retail leases
Brooklyn, NY AmTrustRE completed three office leases totaling more than 20,000 s/f at 203 Jay St. The company also added new culinary and beverage offerings at the building: Didi’s Pizza and Wine Bar and Bond St. Coffee and Goods. The eight-story office and retail property, located in DUMBO,
Aaron of Horvath & Tremblay completes sale of two mixed-use properties for $4.34 million
Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 333 1st Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer. The asset sold for $2.8 million. 333 1st Ave. is a seven unit mixed-use investment
Nord Development Group and ACRE break ground on 262-unit Carriage House Luxury Homes project
Patchogue, NY The Nord Development Group and ACRE broke ground on their Carriage House Luxury Homes project October 27. The groundbreaking ceremony celebrated the beginning of a project that is set to revitalize a formerly dilapidated
Kutikov and Heeps of RedMark Realty
sell 125,000 s/f Westgate Plaza
Albany, NY Westgate Plaza at 911 Central Ave. was sold for $6.3 million. The buyer, a locally based investment group led by Faraz Khan, also owns Clifton Park Center and Wilton Malls. The seller, Horizons Management has owned the center for over 30 years. The transaction was
Cleeman arranges two off-market sales
of grocery-anchored properties
Lockport, NY Cleeman Realty Group negotiated the $5,281,690 off-market sale of a net-leased Tops Market. The property, spanning 55,000 s/f on 5.6 acres, is situated at 3949 Lockport-Olcott Rd. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented
Hackett and Timpone of Metro Realty Services sell three properties and land for $7.35m
Medford, NY Jeremy Hackett and Mark Timpone of Metro Realty Services, LLC negotiated four sales transactions totaling 16,000 s/f and .68 acres for a total of $7.3538 million. Hackett and Timpone sold 6,000 s/f at 79 Cedarhurst Ave. to One Stop Metro
Damianos Realty Group acquires
50 Charles Lindbergh Blvd. office
Uniondale, NY Damianos Realty Group LLC has acquired 50 Charles Lindbergh Blvd., a multi-tenanted office building located in Nassau County’s business corridor. This purchase marks a milestone in Damianos Realty Group’s expansion throughout the Long Island
Hempstead IDA gives preliminary
OK to 36-unit apartment project
Hempstead, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency, said that the IDA has given preliminary approval to economic development incentives to a developer planning to build apartments on a parking lot in downtown.
The Davis Companies and Tribeca Investment Group to invest $50m in 23-story building improvement plan
Manhattan, NY The Davis Companies (Davis) has launched a joint venture with New York-based Tribeca Investment Group (TIG) to execute a comprehensive capital investment and improvement plan at 630 Third Ave., a 261,445 s/f, 23-story office building in Midtown’s Grand Central submarket.
