Category: Brokerage
Portelli & Gallishaw of Highcap Group sell East Village property
May 28, 2024
Manhattan, NY Christen Portelli, co-founder & principal and Ty Gallishaw, investment sales associate, of Manhattan based Commercial Real Estate firm Highcap Group, have completed the sales transaction located at 234 East 7th St.
Coscia and Perlman of Largo secure $6 million bridge
loan for 272,900 s/f office - The Atrium
May 14, 2024
Buffalo, NY Kevin Coscia and Ned Perlman of Largo Real Estate Advisors, Inc. secured a $6 million bridge loan financing for a downtown building formerly known as The Atrium. The 7.65-acre property is improved with 272,900 s/f of office space and 597 surface parking spaces.
Stegner of CBRE Upstate brokers sale of former Medaille University Campus to Charter School Dev. Cor...
May 14, 2024
Buffalo, NY CBRE Upstate NY negotiated the sale of the nearly 14-acre campus that was previously home to Medaille University to Charter School Development Corp. (CSDC). “At CSDC, we are dedicated to eliminating barriers
SL Green Realty signs five leases at
485 Lexington Ave. - 64,303 s/f
May 14, 2024
Manhattan, NY SL Green Realty Corp. has signed four new office leases and one renewal lease at 485 Lexington Ave. totaling 64,303 s/f. “Leasing activity has rapidly improved over the first three months of the year,” said Steven Durels, SL Green’s executive vice president and director
GFP Real Estate closes on $54 million refinance loan from Apple Bank for 594 Broadway
May 14, 2024
Manhattan, NY GFP Real Estate, LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000 s/f office tower in SoHo. The new 10-year floating-rate permanent loan matures in 2034 and replaces a 2013
Aaron of Horvath & Tremblay sells 21-unit
mixed-use for $4.5 million
May 14, 2024
Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 177 Chrystie St., a 21-unit mixed-use building. The asset sold for $4.5 million. Situated in a Lower East Side neighborhood, 177 Chrystie St., is a six-story brick building that contains one commercial unit on the ground floor
TAYLOR breaks ground for Choice Hotels
114-room extended stay Everhome Suites
May 14, 2024
Greece, NY TAYLOR broke ground on Everhome Suites. TAYLOR teamed with a national hospitality developer and Choice Hotels for construction of the four-story, 57,000 s/f, 114-room hotel located at 500 Bellwood Dr. in the Canal Ponds Business Park.
Zaffram joins Hodgson Russ as partner in real estate & finance practice
May 14, 2024
Buffalo, NY Pietra Zaffram has joined Hodgson Russ LLP’s local office as a partner in its real estate & finance practice. Zaffram focuses her practice on federal and state
May 2024 NYS Commercial Assn. of Realtors president’s message - by Robert Strell
May 14, 2024
April 17-May 2, NYSCAR past president Edward Smith, Jr., instructed 22.5 hours of education with his CIREC course. The CIREC program is aimed at those practitioners entering the commercial real estate industry and as a refresher to those who have been in the business
Lendlease and Extell Development top out
1520 First Ave. - 400,000 s/f medical office
May 14, 2024
Manhattan, NY Lendlease’s New York construction group has topped out 1520 First Ave., a 30-story medical office building in the Yorkville section of the Upper East Side. Developed by Extell Development Company, the 400,000 s/f facility, slated
Lee & Assocs. NYC arranges
$3.2m sale of 2,800 s/f retail site
May 14, 2024
Mamaroneck, NY Lee & Associates NYC has represented the seller in the sale of 1444 E. Boston Post Rd. for $3.2 million. The property consists of 2,800 s/f on half an acre and was previously leased to People’s United Bank.
Avison Young leases 9,200 s/f for Corcoran Group
May 14, 2024
Manhattan, NY Avison Young has arranged a new, full-floor 10-year lease at 220 West 19th St. on behalf of landlord Red Circle NY Corp. for the relocation of The Corcoran Group’s Chelsea office from 218 West 18th St. The
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