Category: Brokerage
Real estate transfer methods - by James Ricca
August 27, 2024
There are various methods for the transfer of real estate, whether in the context of arm’s length transfers to third parties, or personal family transfers to one’s heirs for estate planning purposes.
Blackstone expanding/extending lease at Rudin’s 345 Park Ave.
August 27, 2024
Manhattan, NY Rudin made known that Blackstone, is expanding and extending its long-time global headquarters lease at 345 Park Ave. With this agreement, Blackstone is expanding by 250,644 s/f of office space in the Plaza District tower and extending its existing
Lebor, O’Neill and Marks of TerraCRG sell 10,000 s/f industrial property
August 27, 2024
Brooklyn, NY TerraCRG negotiated the sale of the one-story 10,000 s/f block-through industrial property at 7 Knickerbocker Ave. in East Williamsburg. Daniel Lebor, Jackson O’Neill and Dan Marks of TerraCRG exclusively brokered the transaction for a sales price of $7 million
Eastern Union arranges $72 million construction financing for 117-unit condo
August 27, 2024
Queens, NY Chaim Greenfeld, a vice president with Eastern Union, has secured $72 million in construction financing toward the development of a 117-unit luxury condo in Long Island City.
Bayport Funding provides $6.5 million acquisition and construction loan
August 27, 2024
Brooklyn, NY Bayport Funding closed a $6.5 million acquisition and construction loan for a Williamsburg multifamily property. Upon its Q4 2024 completion, the site will be transformed into a six-story, 10-unit property comprising eight residential units and two commercial
Winstanley acquires 30.74 acre industrial parcel
August 27, 2024
West Coxsackie, NY Winstanley Enterprises LLC has acquired a 30.74-acre parcel featuring 333,386 s/f of class A industrial space located at 1 Van Bergen Ln. Terms of the deal were not disclosed.
Taylor of Continuum Commercial Realty awarded CCIM designation
August 27, 2024
Albany, NY The Upstate New York CCIM Chapter said that a Ryan Taylor, CCIM of Continuum Commercial Realty has been awarded the CCIM designation. This achievement highlights the hard work and dedication of our members in maintaining the highest standards of
Island Assocs. brokers 1,500 s/f lease extension at Strathmore Commons
August 27, 2024
Middle Island, NY Island Associates negotiated a long-term lease extension with Capio’s Pizzeria for 1,500 s/f at Strathmore Commons. Capio’s has been a tenant for over 20 years at Strathmore Commons and has agreed to terms for a long-term lease extension
ATCO Properties & Management inks two lease renewals at 555 Fifth Ave.
August 27, 2024
Manhattan, NY According to ATCO Properties & Management, current office tenants Telsey Advisory Group (TAG) and Maritime Capital LLC have renewed their leases at 555 Fifth Ave., a 257,000 s/f office building located in Midtown.
State of Play leases 10,700 s/f space to open Flight Club
August 27, 2024
Manhattan, NY State of Play Hospitality signed a lease in New York City to open Flight Club, an upscale technology-enabled Social Darts concept, at 31 Union Square West. The 10,700 s/f former bank, spanning both the ground floor and basement with a patio on
Marx Realty signs two leases for MarxReady pre-built suites
August 27, 2024
Manhattan, NY Marx Realty has signed two leases at 10 Grand Central for its MarxRealty pre-built suites, totaling over 6,200 s/f of new office leases at the repositioned midtown tower. TMF Group has signed a 10-year, 3,130 s/f lease on the building’s 9th floor
Cohen of Refined arranges three loans
August 27, 2024
Brooklyn, NY Peter Cohen of Refined closed three loan transactions.
These deals consisted of ground-up construction, an acquisition bridge loan and a partner buyout.
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