December 29, 2008 -
Spotlights
Weinstock and Grossman of Meridian Cap. secure $60 million in financing for 500,000 s/f mixed-use complex at 33-00 Northern Blvd. in Queens.
GHP Office Realty negotiates 62,500 s/f full building lease to Fordham University; Ocko of Harrington, Ocko and Monk represents tenant
Zborovsky of Mark Zborovsky & Co. represents buyer and seller in $6 million sale of 75 unsold sponsor units in Kew Village Estates, Queens
Mizrahi of Marcus & Millichap closes $1 million multifamily transaction for 12-unit property located at 1238 Morris Ave. in the Bronx
Nos Quedamos, MJM Const. and Melrose Assoc. break ground on sustainable El Jardin de Seline project; team includes Magnusson Arch.
Hero/Beech-Nut breaks ground on $124 million plant facility; Empire State Dev. Corp. and Montgomery Cty. IDA assist in project financing
Port Authority board awards contract to Navillus Contracting; 70% of contracts for Sept. 11th Memorial and Museum awarded/received bids
Ryan of Jones Lang LaSalle secures 50,000 s/f at 500-512 Seventh Ave. for Flack + Kurtz Inc.; Rosenbloom of C&W rep. sublandlord
Brady and Dean of Jack Resnick & Sons broker 10-year, 27,000 s/f lease for law firm Lieff Cabraser Heimann & Bernstein at 250 Hudson St.
Muss Development to complete $1 billion, 3.3 million s/f mixed-use project, Sky View Parc; team includes Perkins Eastman, Desimone
BFC Partners to develop 240-unit "green" condominium, Toren, designed by Skidmore, Owings & Merrill; 38-story tower striving for LEED Silver
Jungreis of Rosewood completes $70m sale of 13-building package; 254-unit portfolio acquired by Orbach Grp. financed by Meridian
Lebenstein and Wollens of Colliers ABR rep. The Fencers Club of N.Y., for 12,500 s/f; Bernstein and Danick of Winoker act for owner, Joss Realty
VJ Gautieri Constructors completes 5,000 s/f St. Patre Pio project; team includes Passero Assoc., Murch Elec., Kennedy Mech., ABR Masonry
Core Plus Props. to break ground on The Venue on Bloomingdale Rd.; designed by Arrowstreet, Divney Tung Schwalbe is part of project team
LCOR signs Alfred Dunhill for 7,000 s/f, 10-year lease at 545 Madison Ave. in Manhattan; Kurland and Muratore of CBRE handled the lease
DesRochers and Cotsalas of NorthMarq arrange two mortgages totaling $151.1m; properties involved are located in Westbury and Hauppauge
Curry, Sandler, Laufer of Farrell Fritz close 270,000 s/f for The Engel Burman Grp. with Entwistle, Nuzzolese, Trias of Sutton and Edwards
Michaels, Campbell, Wilson of Carlton arrange $215m for 1250 Bwy.; $175m secured through German lender, $40 million REIT mezzanine
Collins of Potomac Realty Capital closes $7.2m loan for 50,900 s/f office property located at 22 Howard St. in SoHo area of Manhattan
RKT&B Arch. completes 60,000 s/f Salem House construction; team includes HLS Builders, Selnick/Hawrood Consulting, LNPC Consulting
MKDA creates 3,000 s/f custom office suite for WhenTech on 34th floor of 52-story tower at 7 World Trade Center in Manhattan
Stellar Development begins construction of 22 homes in Baychester area of the Bronx; Team includes Gerald Caliendo Arch., M.F. Electrical
Ellicott Dev. nears completion of Waterfront Pl., a 64-unit, $40m proj.; team includes DWG, Tredo Eng., KNY, Lamparelli, Concept Const.,
Bortz and Jonas of The Kislak Co. complete $15.125m sale of 140-unit complex, The Carriage Hill Apartments; team acted for buyer and seller
Ruthven and Malagisi of SVN represented the buyer in $2.25m sale; Hryszko of CBRE and Lemp of Self Storage Consultants rep. seller.
NYS Housing Finance Agency approves $719m to create and preserve 1,802 units; Additional funds from borough presidents and city councils
CPC, Kearney Realty and Hudson River Housing celebrate completion of Red Hook Commons, a 96-unit complex on Rte. 9