Category: Brokerage

Jawdat of New York Commercial Real Estate closes $2.75 million sale

Jawdat of New York Commercial Real Estate closes $2.75 million sale

June 22, 2021
Smithtown, NY Jack Jawdat, president of New York Commercial Real Estate, LTD. (NYCRE), a premier commercial, industrial, retail and
CPC Mortgage Co. provides $77.6m refinance for 416-unit complex

CPC Mortgage Co. provides $77.6m refinance for 416-unit complex

June 22, 2021
Elmsford, NY CPC Mortgage Company, a subsidiary of The Community Preservation Corp. (CPC), completed the closing of $77.6 million in Freddie Mac conventional refinancing for
Ferrara of Brax Realty reps Five Points Development in $52.5 million sale; Savills acts for buyer

Ferrara of Brax Realty reps Five Points Development in $52.5 million sale; Savills acts for buyer

June 22, 2021
Manhattan, NY Michael Ferrara, managing principal of locally-based investment sales brokerage firm Brax Realty is pleased to announce the sale of a 65,000 s/f office
SL Green and partners celebrate opening of Boulud’s Le Pavillon

SL Green and partners celebrate opening of Boulud’s Le Pavillon

June 22, 2021
Manhattan, NY According to SL Green, Michelin-starred chef Daniel Boulud officially opened the doors to Le Pavillon at One Vanderbilt Ave. Located at the corner of
1031 exchanges and The American Families Act - by Mike Packman

1031 exchanges and The American Families Act - by Mike Packman

June 22, 2021
Last month, the Biden Administration rolled out the $1.8 trillion American Families Plan which included a proposal to limit the value of 1031 Exchange-like-kind capital gains tax deferrals to
SCG Retail releases report on NYC population, income growth rates

SCG Retail releases report on NYC population, income growth rates

June 22, 2021
Manhattan, NY SCG Retail, a division of TSCG, has released a report on New York City population and income growth rates, based on
Cresa arranges lease renewal for LSTA at 366 Madison – 6,851 s/f

Cresa arranges lease renewal for LSTA at 366 Madison – 6,851 s/f

June 22, 2021
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have negotiated a 10-year renewal lease at 366 Madison Ave. for the
Bestreich Realty Group closes three sales totaling $8.925 million

Bestreich Realty Group closes three sales totaling $8.925 million

June 22, 2021
Brooklyn, NY Bestreich Realty Group (BRG) closed three sales totaling $8.925 million: 231 Baltic St. sold for $3.75 million. This four-apartment multifamily is
Blanton of Largo Capital secures $6.5 million for grocery-anchored property

Blanton of Largo Capital secures $6.5 million for grocery-anchored property

June 22, 2021
Orlando, FL Benjamin Blanton, vice president of originations at Largo Capital, arranged $6.5 million in non-recourse financing for a grocery-anchored retail property.
TF Cornerstone goes live on NYC Housing Connect for 5203 Center Blvd. lottery

TF Cornerstone goes live on NYC Housing Connect for 5203 Center Blvd. lottery

June 22, 2021
Queens, NY TF Cornerstone (TFC), in collaboration with NYC Department of Housing Preservation and Development (HPD) and NYC Housing Development Corp. (HDC), has
Stark Office Suites expands into Tarrytown

Stark Office Suites expands into Tarrytown

June 22, 2021
Tarrytown, NY Stark Office Suites introduces a new location with expansive waterfront views at 303 South Broadway, near the
Jack Resnick & Sons secures 8,100 s/f lease; Burke and Roth of JW Burke Realty LLC act for tenant

Jack Resnick & Sons secures 8,100 s/f lease; Burke and Roth of JW Burke Realty LLC act for tenant

June 22, 2021
Manhattan, NY According to Jack Resnick & Sons, Wolkonsky Bakery & Café will establish its first U.S. location at 8 West 40th St., a