Category: Brokerage

Investment Property Realty Group sells $14.415 million

May 14, 2024

Brooklyn, NY Investment Property Realty Group (IPRG) brokered five sales totaling over $14 million. IPRG brokered the closing of 305 Tompkins Ave.for $1.075 million. This property is located between Tompkins Ave. and Quincy St. in Bedford-Stuyvesant.

Reynolds Asset Management secures <br>$19.5 million refinancing for Violet Estates

Reynolds Asset Management secures
$19.5 million refinancing for Violet Estates

May 14, 2024

Poughkeepsie, NY Following the completion of the town’s most recent active-adult living residential community, Violet Estates, in 2023, Reynolds Asset Management (Reynolds) has secured a $19.5 million loan to refinance the property. The

Marcus & Millichap sells office over retail property

May 14, 2024

Queens, NY Marcus & Millichap negotiated the sale of a 12,320 s/f mixed-use property for $7.15 million. Anthony Cerrone and Michael Tuccillo, investment specialists in Marcus & Millichap’s Manhattan office, had the exclusive

Citizens Housing & Planning Council honors leaders at luncheon

May 14, 2024

Manhattan, NY Citizens Housing & Planning Council (CHPC) hosted its 64th annual luncheon at the Times Sq. Marriott Marquis. The event brought together over 1,000 members of the housing and planning community to celebrate accomplishments over the past year and to honor specific trailblazers and organizations for their contributions to

Kinney appointed vice president, head of marketing at Rudin

May 14, 2024

Manhattan, NY Katie Kinney has joined Rudin as vice president, head of marketing. In her role, Kinney will lead Rudin’s marketing group, including strategy development, across its portfolio of 17 residential and 15 office properties. Utilizing

ESKW/Architects inks office lease at 52 Duane St.

May 14, 2024

Manhattan, NY In a transaction arranged by CBRE, ESKW/Architects, a 65-year-old architectural practice, has inked an 8,477 s/f lease for its offices at 52 Duane St. The firm will relocate its offices from 100 Lafayette St. to part of the fifth floor of 52 Duane St., a 10-story, 100,000 s/f boutique office property located close

Gantry’s Grzebinski to serve on New York State Board of Real Estate

May 14, 2024

Albany, NY Gantry’s senior director Thomas Grzebinski II has been appointed to the New York State Board of Real Estate. Grzebinski is a leader for Gantry’s New York state operations serving clients throughout the Northeast and brings nearly three decades of dedicated experience in real estate, finance,

IMAGINARI immersive gallery experience opens at 200 Hudson St. - The Insect World first in series

May 14, 2024

Manhattan, NY Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street (Trinity), Norges Bank Investment Management, and Hines, said that IMAGINARI, an innovative exhibition space that blends the traditional gallery with experiential retail, opened on April 26 as part of a year-long adaptation of more than 12,000 s/f at 200 Hudson St.

Cushman & Wakefield arranges lease extension and expansion for Industrious

May 14, 2024

Manhattan, NY Cushman & Wakefield has arranged an extension and expansion for Industrious at 860 Broadway. Industrious, which provides flexible workspaces and unique tenant experience offerings, previously occupied 13,815 s/f at the property and has expanded and extended its lease to occupy

ATCO Properties & Management leases 12,077 s/f at 381 Park Ave. South

May 14, 2024

Manhattan, NY ATCO Properties & Management made known that Lee & Low Books, has signed a new 5,844 s/f office lease at 381 Park Ave. South and Goldstein, Rikon, Rikon & Levi, PC and Forefront Communications have renewed their leases at the building.

Bayport Funding provides $6 million construction loan for Bronx multifamily

May 14, 2024

Bronx, NY Bayport Funding has closed a $6 million construction loan for a 25-unit multifamily property located on Aqueduct Ave. Rental demand in New York remains high as new units are expected to be delivered throughout the city during 2024. The Bronx in particular

Lewis and Flaccomio of ERG Commercial Real Estate sell two properties for $1.3 million

May 14, 2024

Bronx, NY ERG Commercial Real Estate brokered the sale of two adjacent multifamily buildings in the Pelham Bay neighborhood for $1.3 million. The buildings, at 3037 and 3039 Roberts Ave., are free-market buildings built in 1927.