December 29, 2008 -
Spotlights
Dayan and Ben-Dayan of Winoker rep. DNT Enterprises in $2.9m sale; Segal of NKF and Miller of Brown Harris Stevens rep. PADAM, LLC, owner
Fu of Eastern Consolidated brokers $8m sale of two-building, mixed-use property; Feinstein, Esq., acts on behalf of seller, Edro Realty
CPC and HPD provide $4.7m construction loan for rehab of three buildings: 2516 Newkirk Ave., 561 Rogers Ave., 2506 Albermarle Rd.
DHCR and Albany Housing Authority complete $16 million renovation project for 128-unit Creighton Storey Homes in Albany's South End
Jungreis of Rosewood Realty completes Brooklyn multifamily portfolio sale for $35.3 million; 324 apartments and four commercial spaces
Vigliotti and Guarino of Extreme Realty sell 698 10th Ave. for $7.25m; 424 East 10th St. sale by Guarino and Italia of Extreme-$3.55m
Ratner of Forest City Ratner closes financing for 335,000 s/f bldg.-$200m; project designed by Costas Kondylis, striving for LEED certification
Vaghefi, Morris, Rockett and Beneville of Jones Lang LaSalle's Multifamily Capital Markets team close $150.35m sale-The Wimbledon
Pyramid completes three sales: Judelsohn of Pyramid handles $3.3m; Seider and Fetzer closes on 3.45 acres; Snow and Conley rep. seller for $312,000
Blumenfeld Development Group unveils 140,000 s/f Lake Grove Commons; Schuster of Ripco completes two leases totaling 113,000 s/f
Holliday Fenoglio Fowler arranges $613.6m construction loan for new Manhattan project; part of 52-acre Riverside South developed by Extell Dev.
Core Development Group develops LUX74; the 12-residence building designed by ADT Arch. and Design, Corcoran Grp. is sales agent
Shelter Rock Builders begins construction of 36-unit Plaza 21 in Queens; team includes Stellar Dev., Expertise Rlty., Impact Concrete & Control Insp.
O'Brien of M.C. O'Brien and Lipo of Crosstown Rlty. complete $11.15m sale of 60,000 s/f Brooklyn industrial bldg. to Nightingale Props.
Shkury and team of Massey Knakal complete two sales totaling $4.15m for properties located at 228 East 125th St. and 168-170 East 112th St.
Stewart, Morris and McMahon of David Cronheim Mtge. arrange $7m in financing for 153,760 s/f Rusten Corporate Park in Rampo
T Square Props. brokers six leases totaling 11,390 s/f; includes 3,000 s/f medical office at 280 Central Ave. in Hartsdale by Tunnell of T Square
Omni Housing Development to complete revitalization of 52-unit $12m project; CSArch. and C.K. Dennis Arch. are project architect
STV and Holzman Moss Architecture complete 141,000 s/f for $62 million; project achieved bronze rating under Army's SPiRiT program
Gran Kriegel Assoc. receives Merit Award from AIA New York for $15m Lighthouse Charter School gut-renovation project in the Bronx
Eli and Daniel Yaghoubi of City Prime Rlty. complete $6.7m sale of mixed-use property; six-story building contains 25 apartments, four retail stores
Blake and Mychaskiw of CB Richard Ellis|Buffalo broker $3.22m sale; 81,840 s/f warehouse in Albion sold to Braha Associates of N.J.
Rowen of GFI Realty's Rowen Group sells $3.8 million Bronx package; Titan Capital purchased the properties as part of a reverse 1031 exchange
Gourianov of Kalmon Dolgin arranges $1.85 million sale of two-story, 14,000 s/f shopping center in Brooklyn's Ridgewood neighborhood
City Sports to occupy 15,612 s/f at Muss Development property; Nero of CB Richard Ellis represented Muss Dev. for the 11-year lease
Levy, Friedman, Menaged and Senior of Adams & Co. broker 6,229 s/f lease; Maslin of Adams and Moussaieff of Yoral handle second lease
Taconic Investment and ABR Partners top off 30,000 s/f project at 429 East 75th St.; Corcoran Wexler Heathcare Props. is exclusive sales agent
IPRealty sells 2,000 s/f retail condo for $6.5 million located at 145 Greene St. in Manhattan; purchased by Aroma Espresso Bar