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LIC BID’s 20th year brings together business leaders at The Borden Complex
September 9, 2025
Queens, NY Innovo Property Group (IPG), in partnership with the LIC Partnership, the Long Island City Business Improvement District (LIC BID), and the Queens Chamber of Commerce, welcomed New York City Council member Julie Won, Queens Chamber of Commerce
Marcus & Millichap sells 97-unit multifamily at 1154 Ward Ave. for $7.5 million
September 9, 2025
Bronx, NY Marcus & Millichap negotiated the sale of 97-unit multifamily property at 1154 Ward Ave. for $7.5 million. “This sale is a prime example of continued demand for clean, well-managed rent-stabilized apartment buildings with healthy
CBRE secures $330 million for Buckingham Cos. multi-family portfolio
September 9, 2025
New York, NY CBRE Capital Markets’ Debt & Structured Finance team secured $330 million financing for a seven-property, 2,381-unit multifamily portfolio in five states on behalf of a multifamily fund sponsored by Buckingham Companies. The portfolio includes
The Dermot Company collaborates with UGA, UBS on $30 million recapitalization for 20 Exchange Pl.
September 9, 2025
Manhattan, NY The Dermot Company (Dermot) collaborated with the Unified Global Alternatives (UGA) team at UBS on a $30 million investment for 20 Exchange Place, an apartment building in New York City. Dermot, a general partner in the initiative, and PGGM, the Dutch pensions
Rabina signs first office tenants at 520 Fifth Ave. totaling 29,000 s/f
September 9, 2025
Manhattan, NY According to Rabina, the first office leases have been signed at 520 Fifth Ave., the tallest mixed-use building on Fifth Ave. With occupancy slated for this Fall, the 1,002-ft.-tall tower has signed three office leases totaling 29,000 s/f, with multiple
Galo of RTL leases 2,482 s/f to FER at Tishman Speyer’s Jackson Park
September 9, 2025
Queens, NY RTL represented restaurant FER in securing its third location in Long Island City. Located in Tishman Speyer’s Jackson Park at 28-10 Jackson Ave., the fast-growing restaurant group offers diners noodle dishes and other authentic tastes of southwest
Arrow Real Estate Advisors arranges $115 million construction financing for 38-story mixed-use cond...
September 9, 2025
Queens, NY Arrow Real Estate Advisors arranged $115 million in construction financing for the development of a 38-story, 269,000 s/f mixed-use condominium tower at 24-02 Queens Plaza South in Long Island City. The financing was secured on behalf of Montperia Group and
IIBEC Metro NY chapter to present “Building Smarter with AI” symposium on Sept. 17
September 9, 2025
Manhattan, NY The IIBEC Metro New York Chapter is hosting “Building Smarter with AI,” a one-day symposium event for leaders driving the future of construction, on September 17. Picture a room packed with forward-thinking builders, suppliers, contractors, and innovators, all swapping stories about how AI
Zar Property NY signs five
leases at 119 West 57th St.
September 9, 2025
Manhattan, NY Zar Property NY has completed five lease transactions at 119 West 57th St., a 16-story property on Billionaires’ Row. Zar Property NY acquired the 145,000 s/f building in late 2024 for $27 million and has since undertaken a
Manhattan retail leasing: Strong demand, sharper deals - by James Famularo
September 9, 2025
The Manhattan retail landscape is undergoing a noticeable shift. Over the past year, leasing activity has accelerated, availability is tightening, and rents are showing signs of renewed strength. What’s emerging is a market defined by speed, competition, and a greater
Wright joins North Bridge ESG LLC as managing director
September 9, 2025
New York, NY David Wright has joined North Bridge ESG LLC as managing director. Wright will play a pivotal role in advancing North Bridge’s commercial real estate financing platform, bringing deep industry expertise to guide market expansion and support
JLL brokers 7 leases for 39,522 s/f at 1330 Ave. of the Americas
September 9, 2025
Manhattan, NY JLL leased 39,522 s/f of office space in a series of transactions at 1330 Avenue of the Americas, a 525,000 s/f Midtown tower owned by a joint venture of Creed Equities, Hakimian Capital, CH Capital Group and Nassimi Realty.
The Goldie Initiative expansion continues with record-breaking 2025026 Goldie Scholar Cohort
September 9, 2025
Chicago, IL The Goldie B. Wolfe Miller Women Leaders in Real Estate Initiative, a nonprofit organization dedicated to preparing women to advance as leaders in commercial real estate by providing financial and professional support, recently announced scholarship winners for
More than just a perk: Why are smart buildings turning to on-site storage for lasting value? - by N...
September 9, 2025
In a city where space is currency and convenience is king, residential buildings are under increasing pressure to offer meaningful amenities that attract and retain residents — without inflating budgets or disrupting operations. As tenant expectations evolve and square footage becomes
REBNY annual event to be at Waldorf Astoria NY - Jan. 22, 2026
September 9, 2025
Manhattan, NY The Real Estate Board of New York (REBNY), will hold its 130th annual event on January 22, 2026, at the Waldorf Astoria New York. The venue recently underwent a $2 billion restoration.
The Domain Companies closes $205 million refinancing for 420 Carroll
September 9, 2025
Brooklyn, NY The Domain Companies has closed on a $205 million refinancing for 420 Carroll, the first project completed under the 2021 Gowanus rezoning. The development comprises 360 mixed-income apartments, 27,000 s/f of commercial space and a 470-ft.-long
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar...
September 9, 2025
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
As commercial real estate transactions pick up, so do environmental questions - by Chuck Merritt
September 9, 2025
When the current American Society of Testing Materials (ASTM) E1527-21 standard was universally adopted for use in February 2024, commercial real estate was at the low end of the business cycle (to put it gently), and therefore, not as many may have noticed the changes. With higher interest
Why sales don’t increase your property taxes in New York - and what to know about selective reasse...
September 9, 2025
A common misconception in New York is that a recent sale — especially a high sale price — will automatically increase the buyer’s property taxes. Under New York law, that’s specifically not how the system is supposed to work. New York’s assessment
Houlihan Lawrence Commercial facilitates sale of 13-unit Marina Court for $11 million
September 9, 2025
Mamaroneck, NY The Scrima Gorman Real Estate Team at Houlihan Lawrence Commercial brokered the sale of a multifamily building, Marina Court, located at 422 E Boston Post Rd. The seller and buyer were both represented by Michael Scrima and Tom Gorman. The seller was