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Cronheim Mortgage finances industrial/flex building
January 14, 2025
New Providence, NJ Cronheim Mortgage secured a $5.85 million for an industrial flex building. Cronheim originally financed the property in 2014 for the borrower, RC-Central Ave Associates, L.L.C. The 2024 financing was structured on a 10/20 basis
LCOR commences construction on Charlie, 386-unit residential community
January 14, 2025
Hoboken, NJ LCOR, a distinguished leader in real estate investment, development and management, commenced construction on the residential component of Hoboken Connect, the most transformative project along the Hudson Waterfront, and centered at NJ TRANSIT
Clear Investment Group acquires Marbury Plaza in Washington, D.C.
January 14, 2025
Washington, D.C. Clear Investment Group (“Clear”) has acquired 681-unit Marbury Plaza. The property, once home to notable residents including Isaac Hayes, will undergo a transformative rebranding to become Langston Views, a name that reflects
Raffa of Island Associates negotiate 4,720 s/f long term lease
January 14, 2025
Melville, NY Robert Raffa of Island Associates Real Estate Inc., who represented the tenant, and Maria Valanzano of Colliers, who represented the landlord. successfully negotiated the long-term lease of 4,720 s/f of office space to the Law offices
Delisle of Island Associates negotiates 29,000 s/f lease
January 14, 2025
Central Islip, NY Roger Delisle of Island Associates successfully negotiated a new 25-year lease term with C Town Supermarket to continue to occupy 29,000 s/f at Islip Plaza at the northwest corner of Wheeler Rd. and Suffolk Ave. C Town Supermarket
Island Associates completes two leases totalling 4,600 s/f
January 14, 2025
Hauppauge NY Roger Delisle of Island Associates successfully negotiated a long-term lease extension with West Babylon CardSmart for their space at Babylon Market Place shopping center. CardSmart has been a tenant for over 20 years at the shopping center
Delisle and Buono Island Associates close and sale 5,200 s/f industrial/warehouse building
January 14, 2025
Islip, NY Roger Delisle and Richie Buono of Island Associates Real Estate Inc. successfully negotiated and closed the purchase and sale of a 5,200 s/f industrial/warehouse building located at 205 Brookville Ave. The warehouse section of the building
Miceli of Largo Real Estate secures $1.5 million permanent first mortgage refinance
January 14, 2025
Buffalo, NY Perry Miceli, principal at Largo Real Estate Advisors, Inc., successfully secured a permanent first mortgage to refinance the existing debt on two adjacent apartment complexes. This long-term fixed-rate loan, financed for the third time by Largo
Perlman of Largo Real Estate secures $1.5 million refinance
January 14, 2025
Tonawanda, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance a single tenant retail property. With a frontage along Niagara Falls Boulevard
RLTYco raises $20 million Series A giving agents nationwide same-day commission advance and full sui...
January 14, 2025
RLTYco, a New York-based full-service provider of comprehensive resources for real estate professionals, has closed a $20M Series A funding round led by Altriarch. This strategic equity and debt raise enables real estate professionals nationwide to secure commission
Nominations for the 2025 Women in Construction Spotlight now open!
January 14, 2025
The 2025 Women in Construction Spotlight in the New York Real Estate Journal is set for release on February 25th, in honor of Women in Construction Week (March 2-8). This special issue will spotlight the incredible women and women-owned firms making a lasting impact across the New York A/E/C industry.
Kramer Levin elevates three lawyers to partner
January 14, 2025
Manhattan, NY According to Kramer Levin, Boaz Cohen, Nicole DeBare, and Sheila Pozon have been elevated to partner positions in the firm. All three are based in New York.
BOMA New York: Advancing the commercial real estate industry in 2025 - by Patrick Dolan
January 14, 2025
At BOMA New York, we take immense pride in our commitment to the commercial real estate industry. It is not just our profession — it is our passion, and we are pleased to continue making meaningful contributions to its growth and success.
IREM NYC’s Annual Dinner & Awards
January 14, 2025
Manhattan, NY IREM NYC Annual Dinner & Awards will be held Thursday, March 6, 2025 at 230 Fifth Ave., NYC.
IREM NYC welcomes 2025 chairs of Legislative and Women’s Leadership committees
January 14, 2025
Astoria, NY We welcome Avery Feldman, CPM, chair of the 2025 Legislative Committee and Tarshia Champagne, CPM, chair of the 2025 Women’s Leadership Committee.
The Greater NY Chapter of IREM greets the new year with their newly sworn-in 2025 officers
January 14, 2025
Astoria, NY The IREM 2025 officers were sworn in at a dinner celebration in December at Anassa Taverna:
Professional Women in Construction NY honors “20 Under 40”
January 14, 2025
Manhattan, NY The New York chapter of Professional Women in Construction (PWC-NY) is a nonprofit organization that connects women and promotes diversity within the architecture, engineering, construction and related fields. PWC NY offers informative industry programming, exclusive member resources, and leadership and networking opportunities.
Asland Capital Partners' Simmons appointed chair of the board of directors for the Real Estate Execu...
January 14, 2025
Manhattan, NY Asland Capital Partners' CEO and founder James Simmons III has been appointed chair of the board of directors for the Real Estate Executive Council (REEC), a professional trade association dedicated to advancing the interests of minority
Simone Development Companies signs lease with Halo Health Pharmacy - 1,522 s/f
January 14, 2025
Bronx, NY Simone Development Companies has signed a new long-term lease with Halo Health Pharmacy for 1,522 s/f of retail space at Triangle Plaza Hub located at 459 East 149th St. in the Mott Haven neighborhood.
The Hudson Companies closes
$73m in financing for Pelham House
January 14, 2025
Pelham, NY The Hudson Companies have closed $73 million in financing for the construction of Pelham House, a five-story residential development that will transform a former parking lot and fire house into a transit-oriented development with 127 high-quality, mixed-income homes and 5,300 s/f of ground floor retail space. As part of the project,