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Cushman & Wakefield arranges $20 million in construction financing for I-84 Orange County Logistics ...
June 10, 2025
Montgomery, NY Cushman & Wakefield served as the exclusive advisor to Ridgecut Rd. in the procurement of $20 million in construction financing for I-84 Orange County Logistics Center, a 146,075 s/f industrial development located at 14 Moosilauke Dr. The loan was provided by Catal Capital
CBRE Upstate brokers $3.2
million sale of 11-property portfolio
June 10, 2025
Buffalo, NY CBRE Upstate NY, an affiliate of CBRE, negotiated the $3.2 million sale of an 11-property portfolio along Humboldt Pkwy. to Dofi Properties, a Buffalo-based development firm led by CEO Justin Fineberg and Dr. Marc Fineberg. The portfolio consists of homes located
CPC and REO Holdings Carthage close on $10.8 million construction financing for rehab of Tichner and...
June 10, 2025
Rochester, NY The Community Preservation Corp. (CPC) closed a $10.8 million in construction financing with REO Holdings Carthage LLC for the gut renovation of the historic Tichner and Jacobi building located on the eastern bank of the Genesee River in downtown. The mixed-use project will create 41 new rental
Empire Commercial, Design Space Studios and BX2 Architecture wrap-up KidStrong project
June 10, 2025
East Rochester, NY Empire Commercial Construction completed the contract for KidStrong. Empire partnered with local franchisee B2R, LLC, as well as Design Space Studios and BX2 Architecture for design of the 4,000 s/f buildout for the existing undeveloped tenant space in the
Dunne, Apfel and Langer of CBRE sell 60 S. Broadway for $27 million
June 10, 2025
White Plains, NY CBRE negotiated the $27 million sale of 60 S. Bdwy., a 3.58-acre development site to Alexander Members Holding LLC, a subsidiary of Stagg Group. The CBRE team of Jeffrey Dunne, Eric Apfel, and Travis Langer represented the seller, Quarterra Multifamily Communities.
HUNT Real Estate named #1 ERA brokerage
June 10, 2025
Buffalo, NY HUNT Real Estate ERA has once again secured its position as the top-performing brokerage in the ERA Real Estate network, earning the #1 ranking in both sales volume and units sold for 2024. This achievement marks the sixth consecutive year that HUNT has led the ERA network, reinforcing its
Houlihan Lawrence and NestEdge broker $1.03 million sale of development site
June 10, 2025
White Plains, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of a fully approved 12-unit multifamily development site located at 60 S. Kensico Ave. The purchase price was $1.03 million. The purchaser was represented by Garry Klein, regional manager of Houlihan Lawrence
Aziz and Sharabani of Meridian Retail lease space to Shah’s Halal
June 10, 2025
Manhattan, NY Meridian Retail Leasing arranged a 15-year lease for Shah’s Halal at 720 Amsterdam Ave. in the Upper West Side. Meridian’s Noam Aziz and Carson Sharabani represented both the landlord, Esther Perlstein, and the tenant in the transaction.
The clock is ticking: Secure New York City’s 35-year tax abatement before it’s too late - by Rob...
June 10, 2025
If you’re considering converting your office property to residential use, the window to take advantage of one of New York City’s most valuable real estate incentives is closing fast. The 35-year real estate tax abatement under Program 467-m offers a major financial opportunity — but only if your
Cleeman Realty facilitates sale of net lease Price Rite property
June 10, 2025
Buffalo, NY Cleeman Realty Group sold a Price Rite property at 1716 Kenmore Ave. The 40,830 s/f retail property, situated on 3.25 acres, is fully leased to Price Rite Marketplace. The property is located in a densely populated retail corridor of the city. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented both the seller and the
Korean lenders and Ocean West Capital Partners foreclose on 285 Madison Ave.
June 10, 2025
Manhattan, NY Ocean West Capital Partners (Ocean West) led the UCC foreclosure of 285 Madison Ave., a 511,000 s/f office property located in Midtown near Grand Central Terminal. Ocean West represented the mezzanine lender, which was comprised of a consortium of some of the largest insurance companies in
Bergman of Muss Development signs Mediterranean restaurant at 7000 Austin St.
June 10, 2025
Queens, NY Muss Development LLC has completed a long-term restaurant lease at its 7000 Austin St. property in Forest Hills. The Mediterranean restaurant, scheduled to open by year’s end, will occupy the 8,631 s/f first floor. The space was most recently occupied by TGI Fridays.
The Hudson Gateway Realtor Foundation donates $27,750 to 12 Hudson Valley charities and non-profits
June 10, 2025
White Plains, NY The Hudson Gateway Realtor Foundation (HGRF), the charitable arm of the Hudson Gateway Association of Realtors, (HGAR) donated a total $27,750 to 12 charities and non-profit organizations throughout the Hudson Valley during the first quarter of 2025.
Pietro’s Ristorante signs 5,022 s/f lease at Stellar’s Midtown East property
June 10, 2025
Manhattan, NY Stellar Management and Lee & Associates NYC have finalized a lease agreement to bring Pietro’s Ristorante (Pietro’s), the Italian-style steakhouse that has been a New York City staple since 1984, to 890 Second Ave. Pietro’s will occupy 3,564 s/f of ground-
Jack Resnick & Sons welcomes Pearson VUE to 255 Greenwich St.
June 10, 2025
Manhattan, NY Jack Resnick & Sons negotiated a new 10-year, 11,716 s/f office lease with Pearson VUE, Inc. at 255 Greenwich St., Resnick’s 14-story office building in the Financial District. Founded in 1994, Pearson VUE is an information technology services firm. The company will occupy a
Bradford Allen and New Castle Hotels celebrate reopening of Hilton Garden Inn Riverhead
June 10, 2025
Riverhead, NY Bradford Allen with management partner New Castle Hotels & Resorts, celebrated the grand reopening of the Hilton Garden Inn Riverhead following an extensive, multimillion-dollar renovation. The 114-key hotel at 2038 Old Country Rd. is at the gateway to the North and South Forks of Long
Zenith IOS welcomes Baker as vice president, investments
June 10, 2025
Manhattan, NY Zenith IOS has appointed James Baker as vice president, investments. Baker will help lead a team dedicated to sourcing and executing acquisitions across multiple geographic markets, including the Southeast and Mid-Atlantic regions, further strengthening Zenith’s position as an IOS platform.
Platinum Commercial leases 15,600 s/f at 155 Fifth Ave.
June 10, 2025
Manhattan, NY Since launching its new commercial arm earlier this year, Platinum Commercial, part of the family-owned boutique brokerage Platinum Properties, has leased the remaining floors at 155 Fifth Ave., the historic six-story commercial building known as The Scribner Building located in The Flatiron
Question of the month: What are the most cost-effective upgrades a building can make to improve prop...
June 10, 2025
In a market where square footage is a bonus and closets and storage spaces are tight, secure on-site storage is no longer a luxury amenity — it’s a necessity. Whether you’re managing a rental property, sitting on a co-op board, or overseeing a condo association, one
Property of the Month: FilBen Group, RSF, M&T Bank, JF Nolan, McAlpine and H2M celebrate opening of ...
June 10, 2025
Montebello, NY Owner/developer FilBen Group, equity partner RSF Partners, lender M&T Bank, political leaders, project manager JF Nolan & Associates, contractor McAlpine Contracting and designer H2M Architects + Engineers celebrated the grand opening of Braemar