Category: Brokerage
Lebor and Manasia of TerraCRG arrange $4.25 million sale of 5,625 s/f development site
January 17, 2023
Brooklyn, NY TerraCRG has closed on the $4.25 million sale of 608 Ocean Ave., a shovel-ready residential development site in Prospect Park South.
Ezra, Schuster, and Paster of Newmark Retail lease 18,000 s/f in three new leases
January 17, 2023
Manhattan, NY Newmark Retail has secured three new leases on behalf of fashion retailer Express, Inc., totaling more than 18,000 s/f across 514 Broadway, 129 Fifth Ave. for two Express Edit stores and 107 Spring St. for the first UpWest store in the city.
ERG delivers $5 million loan
January 17, 2023
Brooklyn, NY ERG Commercial Real Estate through an affiliate, delivered a $5 million cash-out refinance loan to the owner of a fully leased commercial cash flowing property containing five tenants.
GameChanger and Dick’s Sporting Goods lease 25,600 s/f at RAL’s Zero Irving development
January 17, 2023
Manhattan, NY According to RAL Development Services (RAL) Game-Changer and its parent company, DICK’S Sporting Goods, leased 25,600 s/f of office space at the building, taking the entire 17th and 18th floors at Zero Irving.
Eastern Union secures $78.575 million loan to refinance 12 property portfolio
January 17, 2023
Bronx, NY Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78.575 million loan to refinance a 1,017-unit portfolio of 12 multifamily properties consisting of 11 sites across nine New Jersey localities, along with one property in the Bronx.
Hempstead IDA gives preliminary OK for upgrade of 875 Merrick Ave.
January 17, 2023
Westbury, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency has given preliminary approval to a package of economic development incentives that will assist a developer update a more-than-40-year-old office building.
Yim promoted to vice president at Mark Design Studios Architecture
January 17, 2023
Hicksville, NY Irene Yim was promoted to vice president of Mark Design Studios Architecture (MDS). “Irene has worked diligently over the years to help elevate MDS to the top of our field in terms of quality of design and service to our clients,” said Michael Mark, president/founder of MDS.
Forchelli Deegan Terrana promotes attorneys to partner
January 17, 2023
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) promoted the following attorneys to partner effective January 1, 2023: • Lisa Casa, employment & labor
60 Guilders purchases apartment building portfolio for $143 million
January 17, 2023
Brooklyn, NY A joint venture between affiliates of 60 Guilders and Stockbridge successfully closed on the purchase of three rental apartment buildings located at 205 North 9th St., 220 North 10th St., and 225 North 9th St.for $143.35 million
REBNY to host annual event at The Glasshouse on April 20th
January 17, 2023
Manhattan, NY The Real Estate Board of New York (REBNY), New York City’s leading real estate trade association, announced that its annual event will take place this year on April 20th. Hosted
As markets remain uncertain, institutional investors are confident in real estate investments & turn...
January 17, 2023
Institutional investors, such as insurance companies and pension funds, are weighing their options in the real estate market when making key decisions about allocating investments. In today's climate of uncertainty around economic recovery rates
Will Your Buildings be Local Law 97 Compliant by 2025? - by Alexander Hochhausl
January 17, 2023
Over 70% of New York’s greenhouse gas emissions come from buildings. In New York City, those emissions come from 1 million buildings burning fossil fuels for heating, cooling, and power
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