Category: Brokerage

Klosed Properties acquires three buildings in the Bronx for $6 million

Klosed Properties acquires three buildings in the Bronx for $6 million

July 2, 2019
Bronx, NY Klosed Properties has acquired a three-building portfolio from Joerg von Oldershausen for $6 million.
Kimball and Aragon elected to Business Council of Westchester Board of Directors

Kimball and Aragon elected to Business Council of Westchester Board of Directors

July 2, 2019
Rye Brook, NY According to Business Council of Westchester (BCW), two of the area’s economic development commissioners–Wilson Kimball, commissioner of planning and development for the
Fletcher of Greystone arranges $413m for Douglaston and Ares; HSBC leads financing syndicate; design by FXCollaborative

Fletcher of Greystone arranges $413m for Douglaston and Ares; HSBC leads financing syndicate; design...

July 2, 2019
Manhattan, NY Greystone has arranged equity and debt for Douglaston Development’s 931-unit mixed-use residential development at 601 W. 29th St. Spanning the full block-front on
Raggio joins Eyzenberg & Co. as managing director

Raggio joins Eyzenberg & Co. as managing director

July 2, 2019
New York, NY John Raggio has joined Eyzenberg & Co. as a managing director. He originates, structures and places debt, equity and ground lease capital for commercial real estate transactions across the
Message from the CEO of Bronx-Manhattan North Association of Realtors: Commercial vacancy bills - by Eliezer Rodriguez

Message from the CEO of Bronx-Manhattan North Association of Realtors: Commercial vacancy bills - by...

July 2, 2019
The prevalence of vacant storefronts in New York City is moving the state and the city council to propose two bills each to solve the problem. Each bill will impose a fee on property owners…
Arbor Realty Trust funds $15 million bridge loan; Originated by Yanovskiy

Arbor Realty Trust funds $15 million bridge loan; Originated by Yanovskiy

July 2, 2019
Brooklyn, NY Arbor Realty Trust, Inc. has funded a $15 million bridge refinance loan for 2417 Albemarle Rd., a 43-unit multifamily property. The deal provides an interest only loan over
Special issues for multifamily owners in a 1031 exchange - by Pamela Michaels

Special issues for multifamily owners in a 1031 exchange - by Pamela Michaels

July 2, 2019
In the Northeast and New York City, the multifamily market is hot, hot, hot. Sellers of multifamily properties are receiving strong offers and selling properties for significant amounts. Overall, this is great news for multifamily owners. However, along with a sale, often come significant
SWBR recognized with web design award from Graphic Design USA

SWBR recognized with web design award from Graphic Design USA

July 2, 2019
Rochester, NY SWBR has been recognized with a 2019 American Web Design Award from Graphic Design USA (GDUSA) and will be featured in its American Web Design Annual magazine. SWBR’s website was
Eyzenberg and Vladislavova of Eyzenberg & Co. secure $22 million with Chase Bank

Eyzenberg and Vladislavova of Eyzenberg & Co. secure $22 million with Chase Bank

July 2, 2019
Manhattan, NY Eyzenberg & Co. has arranged $22 million in senior secured debt to refinance a portfolio of three multifamily rental properties comprising 186 units and one
Argibay of Meridian Design honored by Committee for Hispanic Children & Families

Argibay of Meridian Design honored by Committee for Hispanic Children & Families

July 2, 2019
New York, NY Antonio Argibay, AIA, founder and managing principal of Meridian Design Associates Architects, received the Committee for Hispanic Children & Families’ (CHCF), Image Award for
Feldman of HFZ Capital Group addresses members at <br>YM/WREA membership luncheon at the University Club

Feldman of HFZ Capital Group addresses members at
YM/WREA membership luncheon at the University ...

June 20, 2019
New York, NY YM/WREA was honored to host Ziel Feldman, Chairman & Founder, HFZ Capital Group at their June 11th membership luncheon held at the University Club. Feldman spoke to a packed room of members and guests about HFZ’s development philosophy and current projects...
Limitations of Section 253-b for commercial line of credit - by Lindsay Mesh Lotito

Limitations of Section 253-b for commercial line of credit - by Lindsay Mesh Lotito

June 18, 2019
Section 253-b of the New York State Tax Law is relied upon by many commercial lenders and their counsel as a safe haven exempting re-advances from the payment of additional mortgage tax under commercial credit line mortgages made for a face amount of less than $3 million…