Category: Brokerage
Yonkers IDA approves incentives for
$11.5 million transit-oriented development
May 16, 2023
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) voted at its monthly meeting final approval of financial incentives for 70 Pier St., a $11.5 million mixed-use transit-oriented development in the Ludlow neighborhood.
Northmarq completes $22 million refinance of 75,697 s/f Village Greens Shopping Center
May 16, 2023
Staten Island, NY Robert Delitsky, senior vice president/managing director, and Dylan Hamer, associate producer, of Northmarq’s New York debt/equity office, secured the $22 million refinance of Village Greens Shopping Center. The 75,697 s/f grocery-anchored retail shopping center
GFP Real Estate leases 21,031 s/f at 40 Exchange Place in FiDi
May 16, 2023
Manhattan, NY GFP Real Estate, LLC has signed 20,031 s/f of new lease transactions at 40 Exchange Place in the Financial District. Allen Gurevich, senior managing director of GFP Real Estate, represented the owner, GFP Real Estate, in each
Hapi Homes donates 10 modular homes to Ukrainian Red Cross and the city of Odessa
May 16, 2023
Manhattan, NY Hapi Homes LLC, a provider of prefabricated tiny homes, donated 10 two-bedroom homes to the Ukrainian Red Cross and the city of Odesa, Ukraine.The fully furnished homes—which will house local city workers and their families displaced by the war—were expected
Muroff Hospitality completes $1.5 million sale of The Econolodge to Zamp Utica
May 16, 2023
Utica, NY Muroff Hospitality Group has sold The Econolodge; 309 N Genesee St. This updated economy franchised hotel boasts 40 guest
rooms on two floors with a mix of interior and exterior access. It’s located immediately off I-90 Exit 31 insures
NEW is recipient of 2022 WANTO funding, two-year grant of $714,000
May 16, 2023
Washington, DC NEW is the recipient of 2022 WANTO funding, a two-year grant of $714,000. To continue its support of the Biden-Harris administration’s infrastructure, manufacturing and clean energy investments,
Urban Standard Capital provides
$20.1 million loan for 66 Clinton
May 16, 2023
Manhattan, NY Urban Standard Capital (USC) delivered a $20.1 million construction completion and condo inventory loan for 66 Clinton. Vault Development Partners and TLM Equities are developing the 12-unit luxury condominium building located in the Lower East Side.
Pyramid Management Group reports 20% surge in January 2023 sales
May 16, 2023
Syracuse, NY Pyramid Management Group reports a significant sales surge across its portfolio of shopping, dining, and entertainment destinations, with sales up by nearly 20% year over year in January 2023.
VITAL leases 45,000 s/f at Essex Crossing
May 16, 2023
Manhattan, NY Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment Group within Goldman Sachs Asset Management, executed a 45,000 s/f lease with VITAL,
Cushman & Wakefield arranges 6,700 s/f lease for Saatva
May 16, 2023
New York, NY Cushman & Wakefield arranged a 6,700 s/f lease for Saatva at 893 Broadway. The tenant, an e-commerce company that specializes in mattresses, will occupy the ground, mezzanine and lower level of the property. The Flatiron location will be
Why New York City could start to see more industrial sale-leaseback transactions - by Jakub Nowak
May 16, 2023
In recent years, sale-leaseback transactions have gained popularity across the United States. On the other hand, New York City has seen few such deals over the last decade relative to other markets. Given the current lending environment however, this trend is likely to change
GFP Real Estate inks six leases at 515 Madison Ave.
May 16, 2023
Manhattan, NY GFP Real Estate, LLC negotiated six lease transactions totaling 28,804 s/f at 515 Madison Ave. in the Plaza District. • Zadig & Voltaire, a Paris-based fashion house, signed a 10-year lease for 12,000 s/f on the ground,
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