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2025 Women in CRE: Nancy Erardi, NYCAN Builders
August 26, 2025
What skill or quality do you believe is essential for success in your field today? An essential skill for successfully running a construction firm today is adaptive leadership - the ability to lead effectively through constant change, uncertainty, and complexity.
2025 Women in CRE: Niamh Henry, Reidy Contracting Group
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? One of the most rewarding projects I’ve worked on was leading the pre-construction phase for a prestigious luxury client’s high-end office fit-out. It was the first major project I managed from start to finish,
2025 Women in CRE: Leyann Pena, Reidy Contracting Group
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? I think a willingness to learn is one of the most important qualities you can have. In construction, so much of what you know comes from being on the job; asking questions, jumping in to help, and picking up tips
Kelleher, Lebor, Marks and Cosentino of TerraCRG close $3.325 million sale of 5,518 s/f mixed-use bu...
August 26, 2025
Brooklyn, NY TerraCRG has brokered the sale of 233 South 3rd St., a 5,518 s/f vacant, mixed-use building in Williamsburg for $3.325 million on July 1, 2025. The deal was exclusively brokered by Michael Kelleher, Daniel Lebor, Dan Marks and Matt
2025 Women in CRE: Katie Marciano, Reidy Contracting Group
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? An office space at 1350 Avenue of the Americas was my most rewarding project to date. It was a dynamic build with unique features and a fast-paced schedule. Frequent changes required quick thinking and adaptability,
Merchants Capital secures $60.5 million
for 602-unit Ocean Park Apartments
August 26, 2025
Queens, NY Merchants Capital closed $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable housing community in Far Rockaway.
2025 Women in CRE: Samantha Pacheco, Reidy Contracting Group
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? Some of my proudest moments are when I successfully close out the financial side of big jobs, like 149 Madison, Warner Bros., and 360 Park Ave. South. There were some of Reidy Contracting’s largest projects at the time of completion.
Klein and Lefkowitz of Houlihan Lawrence Commercial sell .76 acre site
August 26, 2025
Mohegan Lake, NY Houlihan Lawrence Commercial has sold 3116 East Main St. This .76 acre commercial pad site, zoned CD – Designed Commercial, is located on the north side of Rte. 6, three miles west of the
Simone Development leases 1,909 s/f medical space to North Dermatology
August 26, 2025
Queens, NY Simone Development Companies negotiated a new long-term lease with North Dermatology for 1,909 s/f of medical space at 35-30 Francis Lewis Blvd. in Flushing.
Metro Realty leases 2,000 s/f to Rizzo Restoration
August 26, 2025
West Babylon, NY Michael Pisciotta and Jeremy Hackett of Metro Realty Services leased 2,000 s/f at 110 Bell St. to Rizzo Restoration LLC.
Clear Street signs long-term extension/expansion at 4 World Trade Center
August 26, 2025
Manhattan, NY According to Silverstein Properties, Clear Street has committed to a 10-plus-year lease extension, as well as an expansion to grow its headquarters to nearly 88,000 s/f at 4 World Trade Center, the 72-story tower in Lower Manhattan.
Arrow arranges $61 million financing
for acquisition of 5 Hanover Sq.
August 26, 2025
Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
August 26, 2025
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Vornado Realty Trust
leases 203,000 s/f to Verizon
August 26, 2025
Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth
TerraCRG closes $2.16 million sale of 1375 Bedford Ave.
August 26, 2025
Brooklyn, NY TerraCRG closed on the sale of 1375 Bedford Ave., a three-unit mixed-use property located at the intersection of Bedford Ave., Bergen St. and Rogers St. in Crown Heights. TerraCRG’s Matt Cosentino, Remi Norris and Daniel Chung
Filler Capital secures $78 million refinance
for Better Living Properties’ portfolio
August 26, 2025
Manhattan/Brooklyn, NY Filler Capital LLC has arranged a $78 million refinance for the Better Living Properties portfolio, a 204-unit collection of multifamily and mixed-use properties across Manhattan and Brooklyn, owned by Better Living principals
MCB Real Estate and Osiris Ventures acquire
$47.5 million site: plan Century Marketplace
August 26, 2025
Brooklyn, NY MCB Real Estate and Osiris Ventures joint venture has acquired the $47.5 million, 14-lot assemblage of 458 86th St., the site of the former Century 21 department store in Bay Ridge. The joint venture is set to transform the site
2025 Women in CRE: Cindy DeFronzo, Lane Office
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? Condé Nast’s 2014 move into One World Trade Center stands out as my most rewarding project. As the first major tenant in the rebuilt tower, the project symbolized New York’s resilience in the aftermath of 9/11.
2025 Women in CRE: Barbara Champoux, Champoux Law Group PLLC
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? Representing the environmental response trust created in a high-profile bankruptcy to acquire, remediate and sell various brownfields sites across 14 states to achieve optimal job creation & generate economic opportunity in the communities hurt by the bankruptcy.
2025 Women in CRE: Shannon Bahnsen, Westerman Ball Ederer Miller Zucker & Sharfstein, LLP
August 26, 2025
What has been the most rewarding project or deal you’ve worked on in your career, and why? My practice includes negotiating commercial leases on behalf of landlords and tenants for high-end properties, including retail, restaurant, office, industrial and other commercial properties located in New York and across the United States.