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Phillips of Largo Real Estate closes $4.04 million first mortgage

Phillips of Largo Real Estate closes $4.04 million first mortgage

September 9, 2025
Hamburg, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $4.04 million permanent first mortgage refinance for a multi-tenant medical office building. Originally developed in 2007, the building has maintained 100% occupancy and is home to prominent medical tenants.
Property of the Month: Mojo Stumer Associates unveils architectural achievement with Bryant Plaza: The innovative mixed-use design  highlights Roslyn Height’s transit-oriented future

Property of the Month: Mojo Stumer Associates unveils architectural achievement with Bryant Plaza: T...

September 9, 2025
Roslyn Heights, NY Mojo Stumer Associates, a renowned Long Island-based architecture and interior design firm, proudly announced the public opening of their latest commercial project, Bryant Plaza. Since embarking on the project in 2017, Mojo Stumer has led the entire design
NYSCAR Sept. president’s message: Annual meeting September 15 - by Robert Strell

NYSCAR Sept. president’s message: Annual meeting September 15 - by Robert Strell

September 9, 2025
NYSCAR will hold their Annual Meeting on September 15, 2025 at Turning Stone Resort and Casino, Verona. Updates will be given from the various committees and also chapter reports from NYSCAR’s seven chapters throughout the state.
State awards $500,000 grant for critical power and wastewater infrastructure studies in Broome County

State awards $500,000 grant for critical power and wastewater infrastructure studies in Broome Count...

September 9, 2025
Union, NY The Broome County Industrial Development Agency (BCIDA) has been awarded a $500,000 grant through Empire State Development’s Focused Attraction of Shovel-Ready Tracts (FAST) NY program to launch a comprehensive study of power and wastewater
Empire Commercial Construction and Tedrow Design Group building 905 s/f Cinnaholic store at Pittsford Plaza

Empire Commercial Construction and Tedrow Design Group building 905 s/f Cinnaholic store at Pittsfor...

September 9, 2025
Pittsford, NY Empire Commercial Construction is well underway with the construction contract for Cinnaholic. Empire partnered with local franchisee, ABKI Corp., as well as Tedrow Design Group, for all design and development of the 905 s/f space located within Pittsford
Endeavor Real Estate brokers sale of Country Manor Apartments

Endeavor Real Estate brokers sale of Country Manor Apartments

September 9, 2025
Webster, NY Country Manor Apartments, a 328 unit garden style apartment community, sold on August 11th. The seller, PH Realty Capital, is a private equity real estate company. The purchaser, Morgan Properties, is the third-largest owner of apartment
Big V Property Group completes $21.4 million refinancing of net-leased tenants at four properties

Big V Property Group completes $21.4 million refinancing of net-leased tenants at four properties

August 26, 2025
Charlotte, NC Big V Property Group, a leading owner, operator, and developer of premier retail properties in high-growth Sunbelt markets, has successfully completed a $21.4 million refinancing for a diversified group of net-leased tenants, all a part
CBRE sells 183,397 s/f Avenue Plaza and <br>Watkins Glen and Montour Falls portfolio

CBRE sells 183,397 s/f Avenue Plaza and
Watkins Glen and Montour Falls portfolio

September 9, 2025
New Hartford, NY Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s national retail partners represented Goodrich Management in the sale of Avenue Plaza. The team also procured the buyer, PropUp Group. The property totals 183,397 s/f, is anchored by At Home and includes a mix of national
Ashkenazy acquires 374,000 s/f The Shops at Atlas Park from Macerich

Ashkenazy acquires 374,000 s/f The Shops at Atlas Park from Macerich

September 9, 2025
Queens, NY Ashkenazy Acquisition Corp. has acquired The Shops at Atlas Park from Macerich and a partner. The acquisition represents Ashkenazy’s format of acquiring and renovating best-in-class retail assets throughout the U.S.
Stantec renews long-term 47,000 s/f lease at RFR’s 475 Fifth

Stantec renews long-term 47,000 s/f lease at RFR’s 475 Fifth

September 9, 2025
Manhattan, NY According to RFR, Stantec has committed to a long-term renewal of its three-floor, 47,433 s/f space at 475 Fifth. The firm has been a tenant at 475 Fifth since 2014. Located at the corner of Fifth Ave. and Bryant Park, the building has views of New York Public
TerraCRG sells dev. site at 221 Wythe Ave.

TerraCRG sells dev. site at 221 Wythe Ave.

September 9, 2025
Brooklyn, NY TerraCRG  sold 221 Wythe Ave. — a corner development site located at the intersection of North Third St. in Williamsburg — for $12.5 million. The site features 177 ft. of wraparound frontage and is zoned
Williams Equities secures  41,000 s/f lease with impact.com

Williams Equities secures 41,000 s/f lease with impact.com

September 9, 2025
Manhattan, NY William Equities said that impact.com has signed a 10-year, 41,000 s/f lease at 470 Park Ave. South. impact.com will more than double its office space, relocating its current 18,000 s/f headquarters to 470 Park Ave. South in Q1 2026. Encompassing
Simone Development’s 9,600 s/f retail center leased out

Simone Development’s 9,600 s/f retail center leased out

September 9, 2025
strong>Mount Vernon, NY Simone Development Companies said that Total Wireless has signed a new lease for 1,600 s/f of retail space at 44-46 Gramatan Ave. The property is now fully leased. Total Wireless (formerly Total by Verizon) is one of the oldest master dealers in the wireless industry.
Resolution Real Estate leases 4,000 s/f to Five Iron Golf

Resolution Real Estate leases 4,000 s/f to Five Iron Golf

September 9, 2025
Manhattan, NY John Thompson, director/leasing, and Justin Gentile, director/leasing of Resolution Real Estate, a member of NAI Global, have leased the penthouse suite at the Central Plaza Building, 18 East 41st St., to Five Iron Golf, a nationally acclaimed
Houlihan Lawrence sells Barrie House Coffee’s roasting facility

Houlihan Lawrence sells Barrie House Coffee’s roasting facility

September 9, 2025
Mount Vernon, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of Barrie House Coffee Company’s 13,700 s/f roasting facility at 216 South 13th Ave. for $2.8 million.
Koeppel Rosen leases 1,572 s/f to YL Acupuncture

Koeppel Rosen leases 1,572 s/f to YL Acupuncture

September 9, 2025
Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for a number of local office properties, said that YL Acupuncture has secured a new long-term office lease at 389 Fifth Ave.
LIC BID’s 20th year brings together business leaders at The Borden Complex

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

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

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.

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