Category: Brokerage

JLL Capital Markets sells 80,678 s/f 788 Riverside Dr for $10.2 million

JLL Capital Markets sells 80,678 s/f 788 Riverside Dr for $10.2 million

January 3, 2024
Manhattan, NY JLL Capital Markets negotiated the sale of 788 Riverside Dr., a classic, pre-war, 11-story elevatored apartment building in the Washington Heights neighborhood. JLL represented the seller, the longtime family owners of the
JLL represents Phenix Salon Suites as brand leases 23,000 s/f as part of continued global expansion

JLL represents Phenix Salon Suites as brand leases 23,000 s/f as part of continued global expansion

January 3, 2024
Bronx, NY JLL s arranged three new leases for Phenix Salon Suites. JLL managing director David Townes and vice president Alana Friedman, the exclusive leasing agents for the Encinitas, CA-based
Marcus & Millichap brokers $19.5 million sale of multifamily portfolio

Marcus & Millichap brokers $19.5 million sale of multifamily portfolio

January 3, 2024
Manhattan, NY Marcus & Millichap brokered the sale of three adjacent, mixed-use apartment buildings located at 504-508 E 12th St. The properties sold for $19.5 million and were managed by Joe Koicim, Logan Markley,
Rosewood Realty Group brokers $10.75 million four-building portfolio sale in Williamsburg

Rosewood Realty Group brokers $10.75 million four-building portfolio sale in Williamsburg

January 3, 2024
Brooklyn, NY Rosewood Realty Group negotiated the portfolio sale of four, three-story walk-up buildings in Williamsburg for $10.75 million.
Lendlease celebrates opening of outdoor ice skating rink at Fort Drum Mountain Community Homes

Lendlease celebrates opening of outdoor ice skating rink at Fort Drum Mountain Community Homes

January 2, 2024
Fort Drum, NY Lendlease yesterday celebrated the grand opening of an outdoor ice skating rink that will be a new “winter wonderland” amenity for service members and their families living in the Monument Ridge housing area at Fort Drum
Fried Frank Real Estate hosts annual holiday party <br>for New York's real estate community

Fried Frank Real Estate hosts annual holiday party
for New York's real estate community

December 26, 2023
Manhattan, NY This year’s Fried Frank Real Estate Holiday Party welcomed more than 850 guests to Cipriani 42nd Street on December 5th. Hosted by Fried Frank’s market-leading Real Estate Department and Jonathan Mechanic, chairman of the firm’s Real Estate Department
Gayle named CEO of Loring Consulting Engineers

Gayle named CEO of Loring Consulting Engineers

December 26, 2023
Manhattan, NY Loring Consulting Engineers, Inc. has promoted Oneil Gayle, PE, CEA, CEM, CBCP, LEED AP, to CEO. Michael DesRochers will retain the title of chairman. Gayle, DesRochers, and Steve Kenah will continue in their roles as Loring’s Executive Committee,
Herold named president of board of directors of Long Island Cares

Herold named president of board of directors of Long Island Cares

December 26, 2023
East Meadow, NY David Herold, partner at Certilman Balin Adler & Hyman, LLP, was named president of the board of directors for Long Island Cares
Deregulating a rent stabilized property by “Substantial Rehabilitation” - by Steven Kirkpatrick

Deregulating a rent stabilized property by “Substantial Rehabilitation” - by Steven Kirkpatrick

December 26, 2023
Following enactment of the Housing Stability and Tenant Protection Act of 2019 (HSTPA), “substantial rehabilitation” is one of the only remaining ways that an owner can deregulate a rent stabilized building. The scope of work required for a substantial rehabilitation is essentially a gut renovation
Perlman of Largo Capital secures mortgage to finance the acquisition of an 84-key Marriott

Perlman of Largo Capital secures mortgage to finance the acquisition of an 84-key Marriott

December 26, 2023
Finger Lakes, NY Ned Perlman of Largo Capital secured a long-term permanent first mortgage to finance the acquisition of an 84-key Marriott Fairfield Inn and Suites hotel. This area is known
Coscia of Largo secures mortgage to refinance multi-family property

Coscia of Largo secures mortgage to refinance multi-family property

December 26, 2023
Depew, NY Kevin Coscia of Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance the existing debt on a multi-family property. The property features 70 newly developed residential units equipped with modern finishes