New York Real Estate Journal

December

December 21, 2009 - Spotlight Content
Nero, Kadosh, Scarpace, Beitz, Luke and Dresselhouse of CB Richard Ellis broker $125 million acquisition for Volkswagen Group of America O'Brien and Murphy of NAI Platform complete $3.75m sale; 138,450 s/f facility on 9.76 acres purchased by Service Liquor Distributors Cronin of Axiom Realty structures $81.29m for 15 CVS store properties; financing secured through AEGON Life Ins. and Prudential Life Ins. Wells Fargo provides $63.5 million for refinancing of Rentar Plaza; mixed-use property located at 66-26 Metropolitan Ave. in Queens REISA honors Joe Techar, Brandon Balkman, Sue Speidel and Daniel Oschin with Champion of Excellence awards at a recent event Simone Development Corp. retail property completes 44,000 s/f at 80 Nardozzi Place; New Rochelle center is now 100% leased Gerstein of Goldschmidt & Associates brokers leases totaling 18,000 s/f; new development owned by subsidiary of Celestial Capital Grp. of NYC Daniel of Daniel T. Enterprises closes 750 s/f for Michel Cluizel; new store at 580 Fifth Ave. to be one of the company's first U.S. flagships Levien & Co. to oversee construction of 65,000 s/f facility for Village Care of New York; team includes Perkins Eastman, Marco Martelli Assoc. Bizzi & Partners Development celebrates 570,000 s/f 400 Fifth Ave. with topping out; designed by Gwathmey Siegel & Assoc. Architects Nicholas Garrison, AIA, OAQ, LEED AP promoted to principal at FXFOWLE Architects; Garrison joined earlier this year as design director Aragon begins construction on Columbia University's newly leased 7,300 s/f space at 880 Third Ave.; Integrated Design Group assisted Forest City Ratner tops out Gehry-designed Beekman Tower; Union workers raised the 10-ton bucket of concrete at the tower Stavro and Stein of Rechler Equity Partners represent ownership in 98,000 s/f lease; Dunn of Atlantic Property Services reps tenant Chang and Goldberg of Kalmon Dolgin Affiliates broker 4,000 s/f lease of warehouse space; S & Z Construction is the owner of 1267 Randall Ave. Adams & Co. Real Estate brokers six Manhattan leases totaling 11,430 s/f; includes 2,944 s/f lease by Levy of Adams at 10 W. 33rd St. Czajkowski, Nave, Ramos and Koppel of Berko sell two mortgage notes totaling $4.085 million; secured by properties in Harlem and Brooklyn CNY Builders tops out 43-story, 148,000 s/f Doubletree Hotel; $72 million project designed by Gene Kaufman Architect PC Schubert of Meridian Capital arranges $22.5m for the refinancing of a 350-unit multifamily property; 10-year fixed term loan with a 5.625% rate Gorman and Gettler of New Street Realty broker 5,500 s/f lease to St. Lukes; Woods of G&E and Martin of E.L. Martin Partners assist Nicholson of Island Associates brokers $1.45 million sale of 13,000 s/f office building; Mogil of Mogil Realty Group reps. buyer, Nazarro Grp. Tilles & Zuckerbrot signs two renewals totaling 210,628 s/f at 1055 Stewart Ave. in Bethpage; tenants represented by Heilpern of CBRE BBS Architects & Engineers to complete 22,000 s/f cemetary facility; design team includes Ysrael A Seinuk, P.C. and Greenman-Pedersen Builders Grp. completes green dynamometer installation for NYC Dept. of Sanitation; JV with architect Indelman; Horiba Corp. is developer Miceli of Largo arranges $1.1 million for refinancing of 55,776 s/f retail building; one-story steel frame structure at 6743 Transit Rd., Lancaster Omni and Wesley hold ribbon cutting for phase I of $18 million project for rehabilitation of Embury Apartments' twin 14-story complex Cohen of Ashlind Properties brokers sale of a 64,224 s/f industrial building; DEA Products in the buyer; Ashlind also handled partial leaseback Ezratty and Ellard of Eastern Consolidated complete $28.25 million; Moss of Eastern Consolidated procures buyer, 35 East Assoc. LLC