CPC closes on $5.063 million construction loan

The Community Preservation Corporation (CPC) has closed on a $5.063 million construction loan to acquire and convert an historic, vacant warehouse building to a mixed-use facility. Called Stevedore Lofts, the building located at 317 West 1st St., will consist of twenty nine market-rate, loft-style apartments and about 6,000 s/f of ground floor commercial space. The general contractor/construction manager is MCK Building Associates of Syracuse, a full-service, general construction firm with expertise in the renovation and restoration of historic buildings throughout Central New York. Architectural services will be provided by MacKnight Architects, also based in Syracuse. The borrower is Stevedore Lofts, LLC. Nick Petragnani, director of CPC's Central New York Region office handled the loan.

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Dogtopia joins growing tenant mix at Brunswick Shopping Center

North Brunswick, NJ Dogtopia, a leading provider of dog daycare, boarding and spa services, has signed a lease to open a new 5,081 s/f location at Brunswick Shopping Center. The new location further

GFP Real Estate signs 5,082 s/f of leasing activity at 630 Ninth Ave.

GFP signs 5,082 s/f of leases at 630 Ninth Ave.

Lee & Associates NYC arranges 7,487 s/f lease on behalf of building ownership as Treeswift expands headquarters to 256 West 38th St.

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Kelman Winston & Vallone PC relocates to newly built office space on the 14th floor of 520 Eighth Ave.

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Lee & Associates NYC completes two direct office lease renewals totaling 11,360 s/f at 149 West 36th St.

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Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

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Artificial intelligence in lending - by Lindsay Mesh Lotito

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Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

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