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CoreNet NYC hosts annual REmmy event
July 29, 2025
New York, NY The CoreNet Global New York City Chapter (CoreNet NYC) hosted its annual “Who Wins REmmy’s Awards & Why?” event at the Haworth Showroom at 125 Park Ave. The event brought together leading corporate real estate (CRE) professionals for an interactive roundtable exploring the strategies
Prospect Ridge appoints Mestel as managing director and co-head of credit strategies
July 29, 2025
Manhattan, NY Prospect Ridge appointed Michael Mestel as managing director and co-head of the firm’s credit strategies platform. Mestel will lead the credit business alongside Robb Milne, who has played a pivotal role in scaling Prospect Ridge’s equity and credit capabilities since the platform’s inception.
Soft Swerve opens at Tishman Speyer’s JACX&CO
July 29, 2025
Long Island City, NY Tishman Speyer said that Soft Swerve has opened at JACX&CO, a collection of culinary concepts on the plaza level of the JACX creative office campus in Queens. Soft Swerve, a New York-based ice cream brand established by best friends and
ERG Commercial delivers
$3 million refinance for 79 Ave. A
July 29, 2025
Manhattan, NY ERG Commercial Real Estate arranged a $3 million refinance of 79 Ave. A, a four- story mixed-use property located on Ave. A between E Fifth and E Sixth St. in Alphabet City on the city’s Lower East Side. The 5,443 s/f building is equipped with six apartments and two commercial
JLL arranges $231 million financing for industrial outdoor storage portfolio
July 29, 2025
New York, NY JLL Capital Markets arranged $231 million in financing for a 43-property industrial outdoor storage (IOS) portfolio totalling 293 acres across 13 states. JLL worked on behalf of JIOS to secure the loan through Blackstone Real Estate Debt Strategies. JIOS is
1031 for all: Unlocking the power of tax-deferred real estate investing - by Ryan Vassar
July 29, 2025
There is a misconception that only the ultra-wealthy can leverage the IRS tax code to reduce their taxes. One of the most powerful and accessible tools available to real estate investors is the 1031 exchange, a provision under §1031 of the Internal Revenue Code (IRC).
Koeppel Rosen signs Ardoq to 7,629 s/f office
July 29, 2025
Manhattan, NY Koeppel Rosen LLC said that Ardoq, Inc. has signed a new, 7,629 s/f office lease for the entire second floor of 443 Park Ave. South. “We welcome Ardoq to 443 Park Ave. South. The company was attracted to the fully built-out and furnished space, which allowed for a quick and seamless move-in,” said Max Koeppel
Alaoui and Melwani of Landair Property Advisors sell 3,712 s/f multifamily for $2.1 million
July 29, 2025
Brooklyn, NY Landair Property Advisors negotiated the sale of a two-story multifamily building at 365 Rutland Rd. in Prospect Lefferts Gardens for $2.1 million. The 3,712 s/f building, with four units, was built in 1931. The seller, Deborah Diaz and Anise Roberts,
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
July 29, 2025
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Adirondack Capital arranges $16 million sale of 11-40 Borden Ave.
July 29, 2025
Queens, NY Adirondack Capital Partners arranged the $16 million sale of 11-40 Borden Ave., a two-story, 36,000 s/f industrial property located in Long Island City. Chad Sinsheimer, partner at Adirondack Capital Partners, served as the exclusive broker to both the buyer and the seller in the all-cash transaction. The property was acquired by Terreno Realty
Aaron of Horvath & Tremblay sells
10-unit mixed-use property for $2.76 million
July 29, 2025
Manhattan, NY Robert Aaron of Horvath & Tremblay completed the sale of 29 Essex St., a 10-unit building, for $2.76 million. Situated in the Lower East Side neighborhood, 29 Essex St. is a five-story brick mixed-use investment property. The building contains two commercial units on the ground floor and eight,
Fetner Props., MCB Real Estate and Farallon Capital Mgmt. partnership close on $209.5m acquisition o...
July 29, 2025
Brooklyn, NY Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, made known the assumption of a ground lease and the acquisition of 240 Willoughby St., a residential rental building, offering 463 units, 147 of which
Baron Property Group and LargaVista Cos. secure $388.5 million construction loan for 30-25 Queens Bl...
July 29, 2025
Queens, NY Baron Property Group (BPG) and LargaVista Companies secured $388.5 million in construction financing for 30-25 Queens Blvd., a 46-story mixed-use residential skyscraper being developed in Long Island City. The development will bring over 500 rental
Burlington lease brings St. Georges Crossing to full occupancy
July 8, 2025
Woodbridge, NJ National discount retailer Burlington Stores is joining the tenant lineup at St. Georges Crossing in Woodbridge, bringing the 343,000 s/f power center to full occupancy, according to Levin Management Corporation (LMC). Burlington is the latest move
Fitzgerald of Largo Capital secures $4.3 million construction financing
July 8, 2025
Cortez, FL Ian Fitzgerald of Largo Capital, Inc. secured construction financing for five luxury single-family homes. The 18-month loan, structured as non-recourse (completion guaranty only), features interest-only payments for the full term. The homes are part of Hunters Point
Kennedy closes raw land loan for residential subdivision
July 22, 2025
Suffern, NY When a local mortgage broker needed help securing funding for a $2 million land deal in, they turned to Chase Wolfer—a funding specialist who knows how to perform under pressure. As both a loan officer officer at New Jersey-based
The Housing Summit gathers national leaders in NYC to drive the future of affordable housing
July 8, 2025
Manhattan, NY The Housing Summit will be held in New York City on September 18, 2025, bringing together the nation’s foremost leaders in housing, finance, and public policy. This
Rose Associates hires Daniel Ackerman as managing director of acquisitions
July 8, 2025
Manhattan, NY According to Rose Associates, Inc., the New York-based multifamily real estate developer and manager, Daniel Ackerman has been hired to act as managing director of acquisitions
Vivian of Largo Capital secures $12.1 million refinancing
July 8, 2025
Seattle, WA Katie Vivian of Largo Capital, Inc. has successfully secured a $12.1 million permanent first mortgage to refinance a premier, boutique hotel property. The property benefits from the sponsor
The real estate market needs geo-political stability to thrive—especially in New York - by Paul Ad...
July 8, 2025
The real estate market is built on confidence—and confidence is built on stability. For decades, New York City and its surrounding suburbs—including the vital, diverse communities of Rockland County—have been among the most resilient