October

Kaushansky of Arbor Commercial completes $18.1m to finance 154 units; 10-year loan amortizes on a 30-year schedule, carries a rate of 5.90% Herzog and Diaz of CBRE Cap. Mkts. arranges $8m in acquisition/const. financing for 4289-4305 Park Ave. and 422 East 178th St. Carlton advises Optibase Ltd. And Gilmor USA joint venture acquisition of 49.5% interest in 485 Lexington Ave., from Green 485 JV LLC Pergolis Swartz brokers $86.84m in 13 recent financing deals; includes $31.515m refinancing Pergolis, Swartz, Volpe and Harrington Koury, Heald and Borden of JLL handle sale of Arsenal Plaza for $17.75m; JLL team represents seller, Arsenal St. Assoc. and buyer, Nigro Cos. Smith and Steinmetz of Rosewood Realty Group broker $2.3m sale; Rosewood reps buyer and seller for 7,059 s/f Queensstrip center Breslin closes on leases totaling 26,400 s/f, includes lease by Helbling for Freshway Market; additional leases by Lamport, Gordon and Barish Yaghoubi of City Prime Realty completes $2.03 million sale of four-story walk-up located at 1421 53rd St. in Brooklyn: 13,800 s/f Frank Rao and Michael Rao of New York Commercial Realty Group and Brian Pinnola and Joseph Maffia of NAI Long Island broker $4.1m sale Levien & Co. completes Safe Horizon's $2.5m Manhattan Center; team includes Gertler & Wente, Lilker Associates, BDG Const. Construction underway for Value Companies' Sutton Hill II; new Middletown property to contain 112 garden-style apartment units in ten buildings Pulte Homes begins construction of condominiums at The Retreat at Carmel; project hailed as a new active-adult community Kestenbaum and Rosen of Rosen Associates Management Corp. facilitates $30m sale of 38-unit apt. bldg.; Rosen was exclusive and sole broker Benedek and Silbergleit of NAI Friedland handle two deals totaling $11.015m; includes the $4.7 million sale of One Labriola Court Koenigsberg and Osadchuk of American Investment Properties represent $1.825 million sale of the 5,500 s/f Dunkin' Donuts Shopping Center Cohen of Ashlind Properties brokers sale of 30,000 s/f industrial building located in Hauppauge; Cohen represented buyer and seller Molfetta of LIDC finances over 46,000 s/f in Suffolk County; includes a $3.792m financing package for Orics Industries to purchase 28,700 s/f Siano of CBRE leads introduction and expansion for Massage Envy; arranged six new leases totaling 17,897 s/f throughout Long Island Jungreis and Guttman of Rosewood Realty complete $7.7 million Queens sale; represented both the buyer and the seller, Epirus Properties DDG Partners acquires vacant development site in NoHo; to begin $35 million project on two adjoining lots located at 41-43 Bond St. Gallina Dev. Corp. builds the 140-acre, multi-use Elmgrove Crossings Business Park; team includes Leo J. Roth Corp. and Upstate Roofing Buffalo Planning Board approves developer Croce's $19m, 57-room hotel renovation project; architect is Young + Wright Architectural M+W Zander named GC of $4.2b Fab 2 project at the Luther Forest Technology Campus for GlobalFoundries' new 1.45 million s/f facility Bell and Tucci of The Bell Group reps. the tenant, NuClimate Air Quality Systems, in 10,700 s/f lease; Ed Rogers of Oliva assisted McGowan Builders tops out $30 million Lincoln Square Synagogue in Manhattan; team includes CetraRuddy, GACE Consulting Engineers, Village Care of N.Y. hires Levien & Co. to oversee construction of 65,000 s/f project; Perkins Eastman is architect, Marco Martelli is GC The Greater New York Development Co. provides a total of $1.413m for two SBA 504 loans; includes $804,000 loan by Molfetta of GNYDC Builders Group completes 20-story building at 15 East 26th St.; contains 65 apartments, 80,000 s/f office space and 15,000 s/f restaurant