Category: Brokerage

Monday Properties acquires 120,000 s/f 1 Half Moon Bay Dr.

Monday Properties acquires 120,000 s/f 1 Half Moon Bay Dr.

November 14, 2023
Croton-On-Hudson, NY Monday Properties has acquired 1 Half Moon Bay Dr. in Westchester County. In partnership with Nexjen Real Estate and KPR Centers, the deal marks Monday’s first industrial acquisition as it continues to diversify into various asset
NYSAR honors Ruppert of Coach Real Estate Assocs. as Realtor of the Year

NYSAR honors Ruppert of Coach Real Estate Assocs. as Realtor of the Year

November 14, 2023
Verona, NY The New York State Association of Realtors (NYSAR) honored Mary Alice Ruppert as the 2023 Realtor of the Year during the association’s recent “Elevate Your Profession” Fall Business Meetings at Turning Stone
Shafferman of Sahn Ward Braff Koblenz PLLC foresees increase in Chapter 11 Bankruptcy filings following WeWork’s collapse

Shafferman of Sahn Ward Braff Koblenz PLLC foresees increase in Chapter 11 Bankruptcy filings follow...

November 14, 2023
Uniondale, NY Following the bankruptcy filing of WeWork, Joel Shafferman, Of Counsel at Sahn Ward Braff Koblenz PLLC, predicts that the New York City real estate market will face severe financial stress as more commercial
Romer Debbas, LLP’s commercial lending group closes four loans totaling $95 million

Romer Debbas, LLP’s commercial lending group closes four loans totaling $95 million

November 14, 2023
Queens, NY Romer Debbas, LLP negotiated the following loan closings. The first was for a regional lender for a $27 million mortgage loan with an interest rate swap to refinance an existing loan secured in part by a property operated as a hotel franchise consisting of 166 guest rooms
Anchin brought together industry experts for the 18th Annual State of the Construction Industry event

Anchin brought together industry experts for the 18th Annual State of the Construction Industry even...

November 14, 2023
Manhattan, NY Accounting, tax and advisory firm, Anchin, held its 18th annual State of the Construction Industry breakfast reception and event on Tuesday, November 2nd at Club 101. The event was also sponsored by New York Building Congress (NYBC), the American Council of Engineering
Lo hired as director to lead new practice at Empire Valuation Consultants

Lo hired as director to lead new practice at Empire Valuation Consultants

November 14, 2023
Manhattan, NY Empire Valuation Consultants, one of the nation’s leading independent valuation consulting firms, is launching a new practice group offering real estate valuation services. Under the directorship of Roslyn Lo, a veteran valuation appraiser, the real estate valuation services
Shawmut Design and Construction completes Brooklyn Public Library’s new Sunset Park Branch

Shawmut Design and Construction completes Brooklyn Public Library’s new Sunset Park Branch

November 14, 2023
Brooklyn, NY Shawmut Design and Construction, a leading $1.3 billion national construction management firm, has completed Brooklyn Public Library’s (BPL) newest branch at Sunset Park Library and Apartments. The historic project, the first of its kind in New York City, establishes
KZA Realty Group closes on day <br>care/pre-school facility - $1.2 million

KZA Realty Group closes on day
care/pre-school facility - $1.2 million

October 31, 2023
Bronx, NY KZA Realty closed on a real estate transaction at 1420 Burke Ave. Kathy Zamechansky, president of KZA Realty Group represented the owner, Christine DeGennarro of Burke Avenue LLC and also represented
KeyBank provides $41.2 million financing <br>for 193-unit Tompkins Terrace

KeyBank provides $41.2 million financing
for 193-unit Tompkins Terrace

October 31, 2023
Beacon, NY KeyBank Community Development Lending and Investment (CDLI) provided $17.1 million in Low Income Housing Tax Credit (LIHTC) equity and a $24.1 million permanent loan through the Fannie Mae forward MBS Tax-Exempt Bond (MTEB) program for the acquisition and rehabilitation
Ariel Property Advisors arranges $19.1 million sale of mixed-use property

Ariel Property Advisors arranges $19.1 million sale of mixed-use property

October 31, 2023
Bronx, NY Ariel Property Advisors (Ariel) has brokered the $19.1 million sale of an affordable multi-family and commercial property at 950 Westchester Ave. in the Longwood neighborhood.
Gopan of Simone Development Companies leases 110,300 s/f warehouse to ReadySpaces

Gopan of Simone Development Companies leases 110,300 s/f warehouse to ReadySpaces

October 31, 2023
Mount Vernon, NY Simone Development Companies has made public that ReadySpaces, a warehouse storage provider for small businesses, has signed a long-term lease for the entire 110,300 s/f building at 250 East Sandford Blvd.
JLL Capital Markets arranges $72.5 million construction loan for multi-housing

JLL Capital Markets arranges $72.5 million construction loan for multi-housing

October 31, 2023
Brooklyn, NY JLL Capital Markets has arranged $72.5 million in construction financing for 544 Carroll St., a 17-story ground-up class A multi-housing development in the Gowanus neighborhood.