MAG Capital Partners acquires White Plains Linen HQ facilities via sale leaseback
Peekskill, NY MAG Capital Partners has acquired two modern industrial facilities along the Hudson River, in a sale-leaseback transaction with White Plains Linen, the premier linen supply provider in the tri-state area serving restaurants, caterers
2025 Women in CRE:
Alexandra Koretski, Spacesmith
What has been the most rewarding project or deal you’ve worked on in your career, and why? I’ve been fortunate to work on projects from s ecure government facilities to high-end retail, hospitality, and higher education. The most rewarding is the Brooklyn STEAM Center expansion.
2025 Women in CRE:
Jennifer Hower, Esq., Herman Katz LLP
What skill or quality do you believe is essential for success in your field today? A skill that is essential to success in the commercial tax certiorari practice is the ability to listen and actually hear what others are saying. Active listening helps you to fully understand the issues at hand
Vornado Realty Trust
leases 203,000 s/f to Verizon
Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth
Arrow arranges $61 million financing
for acquisition of 5 Hanover Sq.
Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and
Merchants Capital secures $60.5 million
for 602-unit Ocean Park Apartments
Queens, NY Merchants Capital closed $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable housing community in Far Rockaway.
Question of the Month: How can a surveyor accelerate the development process? by Rich Guisado
When it comes to land development, choosing the right surveyor is more than checking a box – it can critically impact your project. For developers, surveys lay the groundwork for everything that follows, from accurate designs and permitting to keeping schedules
2025 Women in CRE:
Carol Rizzo, Forchelli Deegan Terrana LLP
What has been the most rewarding project or deal you’ve worked on in your career, and why? With over three decades practicing tax assessment review law, I do not have just one rewarding case as I have saved taxpayers millions of dollars over the years.
RKTB and Lance Jay Brown complete
16,000 s/f synagogue redevelopment
Manhattan, NY After eight years of planning, design and construction work, RKTB Architects has completed a new house of worship for Shaare Zedek, a Jewish congregation on the Upper West Side. Occupying the cellar, first and second floors of a new condominium tower erected on the site
Global Holdings to expand brand with Anagram Gowanus; design by SO–IL, architecture by MAP
Brooklyn, NY Global Holdings has started its newest Anagram project. Developed in partnership with MacArthur Holdings and Tankhouse, 450 Union St. is a 158-unit, mixed-use residential tower located along the Gowanus Canal. Following Global Holdings’ $33 million equity investment
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2025 Women in CRE: Shelly Rogers-Wiley,
AmTrust Title Insurance Company
If you could change one thing about the CRE industry, what would it be and why? Integrating ESG (Environmental, Social and Governance) metrics into property evaluations and title underwriting, which will help meet investor and regulatory expectations while future-proofing assets.
