A year ago, I wrote about the passing of Mr. Perry Gault four days before our Annual Holiday Party and Toy Drive. Mr. Gault served as president of Bronx Manhattan North Association Realtors (BMNAR) in 1995. He also led our Realtors Political Action Committee (RPAC) drive and was in charge of…
Manhattan, NY Kaunteya Chitnis, vice president, acquisitions & development at MCR, addressed the B’nai B’rith Real Estate monthly luncheon meeting, December 12, at the Cornell Club. His topic was “Up, Up and Away—Developer Previews New Hotel in JFK TWA Terminal.”
East Meadow, NY Rebecca Brodsky has been named of counsel to the real estate practice group at Certilman Balin Adler & Hyman, LLP. Previously Brodsky was an associate at the firm. Brodsky represents clients in both commercial and residential transactions and has experience with the closings of single family homes, cooperative apartments and condominiums, along with commercial property and construction loans.
Brooklyn, NY Arbor Realty Trust, Inc. funded a $3 million Freddie Mac SBL deal for 352 Weirfield St., a six-unit multifamily property. The deal comes with a five-year hybrid term and a 30-year amortization schedule.
Geoffrey Platt of Arbor originated the loan.
Rego Park, NY Rubin Isak, founding partner of Goldenwood Property Advisors, has exclusively sold 63-68 Austin St., aka 9132-9148 63rd Dr. in an all-cash transaction valued at $6.55 million. The sellers are Alderton Associates, LLC and the purchasers are 63-38 Austin LLC and RW Austin LLC. Isak was the sole broker in the transaction.
Old Westbury, NY Cronheim Mortgage arranged financing totaling $5 million for the Old Westbury Hebrew Congregation synagogue. OWHC is a Conservative Jewish Synagogue located in Nassau County, Long Island.
New York, NY Rosenberg & Estis, P.C., a leading New York City real estate law firm, has named Daniel Bernstein as a member to head the firm’s new tax incentive & affordable housing department. Bernstein, formerly of counsel to Rosenberg & Estis, will focus on the tax incentive programs and affordability requirements that are critical to New York City residential and commercial projects.
Manhattan, NY According to Koeppel Rosen LLC, it has leased the second floor of the Rosen family’s NoMad office building at 443 Park Ave. South to workspace provider, Knotel.
David Koeppel and Max Koeppel of Koeppel Rosen, the leasing and managing agent for the Rosen family's Midtown South portfolio, represented the landlord in the 10-year lease for 7,629 s/f. Elie Reiss of Skylight Leasing represented the tenant.
The loft space features high ceilings, hardwood floors and a light-filled, open layout suited to Knotel’s strategy of creating custom flex-work spaces for up to 50 employees.