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Merchants Capital New York provides $2.2 billion in 2024 financing
March 11, 2025
Manhattan, NY The New York office of leading financial services provider Merchants Capital today announced a total production volume of $2.2 billion for 2024, setting a new threshold for debt and tax credit equity investments in multifamily affordable housing. These numbers financed
Barrett, O’Callaghan, and Bauman of RM Friedland sell 99 Church St.
March 11, 2025
White Plains, NY RM Friedland (RMF) participated in the sale of 99 Church St., along with the adjacent 6 Cottage Pl. on behalf of Berkeley College. Originally part of Berkeley College’s downtown campus, these properties were placed on the market after the college consolidated its operations to
L&L Holding Co. secures lease extensions at 600 Third Ave.
March 11, 2025
Manhattan, NY L&L Holding Company has signed two lease extensions totaling 55,269 s/f at 600 Third Ave., the firm’s modernized 42-story Midtown East office tower. L&L secured a 15-year extension with Aaronson Rappaport Feinstein & Deutsch, LLP to keep
AmTrust appoints Hershtik as underwriting counsel
March 11, 2025
Manhattan, NY AmTrust Title Insurance Co. (AmTrust Title), a wholly owned subsidiary of AmTrust Financial Services, Inc., appointed Netanel Hershtik as underwriting counsel & business development to support AmTrust’s growth.
American Association of Automatic Door Manufacturers' certification program
March 11, 2025
Cleveland, OH ANSI standards provide detailed technical specifications, guidelines, and best practices to address specific hazards, and, as they relate to automatic doors, they help prevent injuries and ensure that these systems are safe for public use in commercial, healthcare, and other high-traffic
Cresa arranges disposition of three Rothman Orthopaedics leases
March 11, 2025
White Plains, NY Cresa managing principal Jonathan Marks and senior vice president Michael Doetsch have arranged the disposition of leases for Rothman Orthopaedics in three New York locations and their subsequent assignments, as part of a practice acquisition by NYU Langone Medical Associates.
Robert Martin Company finishes 2024 with early 500,000 s/f of new or renewed leases
March 11, 2025
Elmsford, NY With construction of two, new flex-industrial buildings (combining for over 71,000 s/f) well underway at its nearby Mid-Westchester Executive Park (MWEP) in Hawthorne, Robert Martin Company (RMC), finished 2024 strong with a combination of nearly 500,000 s/f of new or renewed
Jack Resnick & Sons finalize two leases - 20,158 s/f - at One Seaport Plaza
March 11, 2025
Manhattan, NY Jack Resnick & Sons has finalized two new leases totaling 20,158 s/f with financial firms Forte Capital Group and Accounting & Compliance International (ACI) at One Seaport Plaza, its office tower located at 199 Water St.
Simone Development Companies leases 859,999 s/f in 2024
March 11, 2025
Bronx, NY Simone Development Companies’ total leasing activity in 2024 was nearly 860,000 s/f. Of the total 116 deals, new leases accounted for 382,073 s/f with renewals totaling 477,926 s/f “We are very pleased with the level of leasing activity that our team has achieved
P.W. Grosser promotes three to senior leadership
March 11, 2025
Bohemia, NY P.W. Grosser Consulting has started 2025 with promoting three employees in it’s senior leadership team and recent promotions reflect the firm’s commitment to growth and recognizing talent within the organization.
RFR signs Gymshark to 15,000 s/f at 11 Bond St.
March 11, 2025
Manhattan, NY RFR has signed a full-building lease with UK-based fitness apparel and accessories brand Gymshark at 11 Bond St. The direct-to-consumer (DTC) retailer will take 15,000 s/f on the corner of Bond St. and Lafayette St. in the NoHo neighborhood for its first Americas brick and mortar retail location. The four-story space,
Katz & Assocs. and The Retail Strategy represent Quickway Japanese Hibachi in three NYC leases
March 11, 2025
Brooklyn, NY Quickway Japanese Hibachi is entering New York Metro with signed leases for three New York City locations. Katz & Associates’ Michael Peguero and Sean Philipps are working with master brokers Lauren Brunner and Yi-Ting Chung from The Retail Strategy to represent
Reckson closes 2024 signing 37,827 s/f in leases at two properties
March 11, 2025
Valhalla, NY Reckson closed out 2024 with leases totaling 37,827 s/f at office properties in White Plains and Valhalla. In downtown White Plains, the law firm of Delbello Donnellan Weingarten Wise & Wiederkehr LLP relocated within the city to 17,364 s/f at 360 Hamilton
NYC experiences a boom in CRE - Why and how? - by James Famularo
March 11, 2025
Any successful person in commercial real estate, especially in Manhattan, has conditioned themselves to withstand the volatility of a constantly shifting market. Staying resilient through extreme lows while adapting strategies to seize opportunity and mitigate risk is what got us through a worldwide pandemic and the rapid surge
James Lenox House and Carnegie East House to honor Phillips of TPG Architecture and Romano of JRM Co...
March 11, 2025
Manhattan, NY James Lenox House and Carnegie East House will honor two New Yorkers, each of whom has demonstrated a commitment to the needs of older adults, at its annual Spring Blossoms Gala on Tuesday, April 8, at The Plaza Hotel, 768 5th Ave.
Gindi Equities expands portfolio with acquisition of Amber Crossing Apartments
March 11, 2025
Fargo, ND Gindi Equities has officially completed the acquisition of Amber Crossing Apartment Homes, a multifamily community situated at 5170 Amber Valley Pkwy. S. The purchase, made from Property Resources Group, signals Gindi’s third investment in the local market.
Savanna acquires 430 West 15th St. 95,000 s/f office building for $85 million
March 11, 2025
Manhattan, NY Savanna has acquired the leasehold interest for 430 West 15th St., an eight-story, 95,000 s/f office property located in the Meatpacking District. Savanna acquired the class-A office building at a deeply discounted price of $85 million. The building is fully
Question of the Month: How can on-site storage enhance tenant satisfaction and boost revenue by unlo...
March 11, 2025
In New York City’s dynamic real estate market, building owners and managers are finding new ways to maximize space and elevate tenant experiences. With rising costs and space at a premium, one of the most valuable yet underutilized assets in residential buildings is existing,
M&T Realty Capital provides $38.71 million for 103-unit Long Island City property
March 11, 2025
Long Island City, NY M&T Realty Capital Corp. provided $38.71 million in financing for 103-unit New York property. 12 of the subjects units are restricted to 130% AMI and 19 of the units are restricted to 80%
Houlihan Lawrence Commercial and Feirstein Properties sell 1.6 acres
March 11, 2025
Yorktown Heights, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, brokered the sale of 1.6 acres of vacant land on Saw Mill River Rd. The 1.6-acre site, which is located in the highway commercial zone, is directly across from the Yorktown Green Shopping Center