Category: New York City

Rosenberg & Estis, P.C. secures major victory and attorneys’ fees for owner of Manhattan commercial building

Rosenberg & Estis, P.C. secures major victory and attorneys’ fees for owner of Manhattan commercia...

October 14, 2025
Manhattan, NY Rosenberg & Estis, P.C. secured a major victory for its client 35 West Realty Co. LLC, after a New York State Supreme Court judge found that a disputed lease amendment produced by a kosher Midtown Manhattan delicatessen was a forgery.
Cohen of Leviathan Capital arranges $1.6 million construction loan

Cohen of Leviathan Capital arranges $1.6 million construction loan

October 14, 2025
Queens, NY According to Leviathan Capital, Peter Cohen has closed a $1.6 million construction loan. The proceeds will be used to develop two industrial warehouses located in the Astoria neighborhood.
New York Commercial Real Estate & Contractors for Tunnel to Towers to hold Fifth Annual Cocktail Tribute on October 6

New York Commercial Real Estate & Contractors for Tunnel to Towers to hold Fifth Annual Cocktail Tri...

October 9, 2025
Manhattan, NY The New York Commercial Real Estate & Contractors for Tunnel to Towers (NY CRE & Contractors for T2T), an exclusive philanthropic group supporting the Tunnel to Towers Foundation, announced its Fifth Annual
Yonkers IDA approves financial <br>incentives for $36.1 million senior housing

Yonkers IDA approves financial
incentives for $36.1 million senior housing

September 30, 2025
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted final approval at its August 13 meeting of financial incentives for a $36.1 million affordable senior housing development located at 221-223 Buena Vista Ave. The nine-story building would feature 94 units comprised of
Cronheim Mortgage secures $10.3 million<br> for YoHo Lofts and Nepperhan Pl.

Cronheim Mortgage secures $10.3 million
for YoHo Lofts and Nepperhan Pl.

September 30, 2025
Yonkers, NY Cronheim Mortgage has secured $10.3 million to refinance a mixed-use portfolio. The transaction refinanced the existing debt on Nepperhan Pl., a mixed-use building with office and retail tenants as well as YoHo Lofts, a multi-story industrial loft building that has been converted
New Empire Corp. breaks ground on 131-unit condominium with Morali Arch. and One Realty Global

New Empire Corp. breaks ground on 131-unit condominium with Morali Arch. and One Realty Global

September 30, 2025
Brooklyn, NY New Empire Corp, together with Morali Architecture and One Realty Global, celebrated the recent groundbreaking of 757 Flatbush Ave. with New York City council members, bringing 131 residences in a nine-story luxury condominium to the Flatbush community. The 140,000 s/f building
Gilbane Dev., Blue Sea Dev., and Artspace, broke ground on Brownsville Arts Center & Apartments

Gilbane Dev., Blue Sea Dev., and Artspace, broke ground on Brownsville Arts Center & Apartments

September 30, 2025
Brooklyn, NY Gilbane Development, Blue Sea Development and Artspace was joined by mayor Adams, city and state officials on September 9th to break ground on the Brownsville Arts Center & Apartments (BACA). Constructed by Gilbane Building, the transformative project received $254
Farquharson named chapter president of the year

Farquharson named chapter president of the year

September 30, 2025
Manhattan, NY According to SMPS, Olivia Farquharson, CDMP, PCM, has been recognized as the 2025 chapter president of the year. Farquharson was honored at Amplify A|E|C, the Society’s annual conference, in Columbus, OH.
Foxy Development and Selfhelp Realty<br> begin 145-unit The Perennial project

Foxy Development and Selfhelp Realty
begin 145-unit The Perennial project

September 30, 2025
Queens, NY The joint venture partnership of Foxy Development and Selfhelp Realty Group has closed on financing and begun construction of The Perennial, a 145-unit intergenerational affordable housing property that will also include the future home of the Forest Hills Jewish Center (FHJC). The project team and public officials held a “glass-breaking” ceremony to celebrate the beginning of redevelopment and renovation.
Navigating NY’s property tax exemption minefield for nonprofits - by David Wilkes

Navigating NY’s property tax exemption minefield for nonprofits - by David Wilkes

September 30, 2025
Tax exempt organizations that consider owning real estate or leasing their owned space to others to offset operating costs, face a complex minefield of restrictions that can be difficult to analyze and that present significant financial consequences if violated. New York
Avdoo secures $47 million construction loan <br>from Valley National Bank for 110 Boerum Pl.

Avdoo secures $47 million construction loan
from Valley National Bank for 110 Boerum Pl.

September 30, 2025
Brooklyn, NY Avdoo closed on a $47 million construction loan for 110 Boerum Pl., the firm’s newest residential development in Cobble Hill. The financing, provided by Valley National Bank, represents a milestone as the project continues to progress on this
JLL and CBRE broker Grammarly’s 23,038 s/f lease at BXP’s 360 Park Ave. South workplace

JLL and CBRE broker Grammarly’s 23,038 s/f lease at BXP’s 360 Park Ave. South workplace

September 30, 2025
Manhattan, NY BXP made public that Grammarly has signed a lease for 23,038 s/f at 360 Park Ave. South. Grammarly will occupy an entire floor of the fully redeveloped 450,000 s/f workplace, which features newly renovated and reimagined lobbies, a full suite of amenities, and pre-built
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