The Greater New York Development Co (GNYDC) financed over 1,600 s/f of commercial real estate as part of total funding for qualified small business projects.
Steve Goad, VP and Carmine Fabio, SVP financed Joshua Young, MD, ophthalmologist. Dr. Young purchased his existing leased space and an adjacent unit for the purpose of expanding his practice. Dr. Young received a $640,000 SBA loan as part of a $1.55 million financing package. There will also be an increase of 14 jobs created by the expansion. Dr. Young's office is located at 161 Madison Ave.
Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 9,952 s/f at 322 Eighth Ave. in Chelsea, highlighting continued leasing momentum at the recently repositioned office
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking