Category: Brokerage
Soloviev Group collaborates with Kent Hospitality Group for Vista Restaurant and Bar at 9 West 57th ...
February 11, 2025
Manhattan, NY Soloviev Group has formed a new collaboration with Kent Hospitality Group (KHG) to continue to enhance the suite of luxury amenities at its office property, 9 West 57th St. (9W57). The new food and beverage amenities — available
Ariel Property Advisors’ report shows Queens investment sales totaled $2.95 billion in 2024
February 11, 2025
Queens, NY Investment sales in Queens totaled $2.95 billion in 2024, a 7% year-over-year decline, while transactions rose 5% to 507 over this period, according to Ariel Property Advisors’ Queens 2024 Year-End Commercial Real Estate Trends report.
Andover Lending exceeds $250 million in transaction volume since launching
February 11, 2025
Manhattan, NY Andover Lending originated $250 million in bridge and construction loans since launching less than a year ago. The platform combines Andover Properties’ 20-year track record of investing in self storage and other niche sectors with TPG
Navigating NYC’s Local Law 97: Paul Soames warns of “costly oversight” as compliance deadlines...
February 11, 2025
As New York City’s groundbreaking Local Law 97 (LL97) takes center stage in the fight against urban emissions, Paul Soames, owner of Ryan Soames Engineering and a leading expert in energy efficiency solutions, is calling on commercial property
InspireDesign Creative Studio recently completes two projects
February 11, 2025
Garden City, NY InspireDesign Creative Studio, a full-service artwork, design consulting and management firm, has recently completed two Long Island offices. “We are excited to cap a year of projects that make our clients’ spaces more exciting and welcoming
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Building a more affordable suburbia: Governor Hochul’s bold plan for housing growth - by Paul Adle...
February 11, 2025
As New York grapples with a generational housing crisis, Governor Kathy Hochul has once again demonstrated a firm commitment to tackling affordability, accessibility, and equity in housing development. Last year, her administration broke
Marks and Lebor of TerraCRG
broker sale of 410 Kingsland Ave.
January 28, 2025
Brooklyn, NY TerraCRG brokered the $120 million sale of the almost ten-acre waterfront property at 410 Kingsland Ave. in the Greenpoint neighborhood. The sellers of the site, ExxonMobil, hired TerraCRG as the exclusive broker to run a formal marketing and sales
Phillips of Largo R.E. arranges $1.7m first mortgage for educational property
January 28, 2025
Orchard Park, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., secured a $1.7 million permanent first mortgage to refinance the existing debt on a 50,000 s/f educational property. Phillips utilized his relationship with a federal credit union
Ariel Property Advisors arranges
two loans totaling $11.75 million
January 28, 2025
Manhattan, NY The Capital Services Group for Ariel Property Advisors arranged two loans totaling $11.75 million for two properties. Ben Schlegel, a director in the capital services group at Ariel, and Paul McCormick, partner, sales management, represented separate borrowers in the two transactions
Kleinberg of Tri-State Properties sells 13,000 s/f Syosset office for $2.1 million
January 28, 2025
Syosset, NY Ron Kleinberg, president of Tri-State Properties, exclusively brokered the $2.1 million sale of the Syosset Professional building located at 40 Underhill Blvd. The 3-story commercial building totaled 13,000 s/f which included the lower level.
IREON Insights: Giving back: Finding the best fit for your business to make an impact - part 1 of ...
January 28, 2025
While the past few years have seen difficult tidings for the New York real estate market, 2024 ended on a strong note. In New York, optimism is high that 2025 will be a year of growth as mortgages mature and as we see rate cuts from the Federal Reserve. This optimism has held true for
Smilowitz of Thornton Tomasetti receives ASCE Ernest E. Howard award
January 28, 2025
Manhattan, NY Thornton Tomasetti senior principal Robert Smilowitz is the latest recipient of the American Society of Civil Engineers’ (ASCE) Ernest E. Howard Award. The award recognizes an ASCE member for their contributions in advancing the field of structural engineering.
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