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Robert Martin Company joins town and county officials for groundbreaking of 14-16 Skyline Dr. - 71,0...
November 12, 2024
Hawthorne, NY Robert Martin Company’s (RMC) CEO Tim Jones and president Greg Berger along with Town of Mount Pleasant and county officials celebrated the groundbreaking for construction of two flex-industrial buildings. Located at 14-16 Skyline Dr.
Interest rate changes will increase appeal to developers for C-PACE financing - Loren Biller
November 12, 2024
All of the recent talk about interest rates reductions is making some developers wonder if C-PACE financing will enhance their capital stacks. Since March 2022, when interest rates began their climb, more than a dozen states have improved or created C-PACE programs.
Naftali Group launches sales at The Henry
November 12, 2024
Manhattan, NY Naftali Group, a privately held global real estate development and investment firm based in New York, has launched sales at The Henry, a new luxury condominium building on the Upper West Side that reflects the heritage and architectural prestige of the neighborhood.
Ebenezer Plaza receives Housing
Partnership’s Innovation Award
November 12, 2024
Brooklyn, NY Jamie Smarr, president and CEO of the NYC Housing Partnership and Adolfo Carrion, commissioner of the New York City Department of Housing Preservation and Development presented Ebenezer Urban Ministry Center (EUMC),
Toll Brothers launches sales for 20 luxury condos
November 12, 2024
Fishkill, NY Toll Brothers, Inc. has released its final condominiums for sale at Van Wyck Mews. This final building of 20 luxury condos in this community offers quick move-in homes with designer appointed features that will be move-in ready in spring 2025.
Cotter, president of National Resources, passes away
November 12, 2024
Manhattan, NY “With great sadness, we share with you that Joseph Cotter passed away suddenly from a heart attack on Friday October 25, 2024 at home in his beloved New York City. Cotter, at 66, accomplished so much, developing visionary projects in places and communities that he believed in.
Alloy Development completes Grow Room for first phase of Alloy Block
November 12, 2024
Brooklyn, NY Alloy Development (Alloy) has opened the Grow Room, a tranquil, tech-free space designed to promote well-being through interaction with nature at 505 State St., the city’s first all-electric skyscraper. As part of a suite of amenities at the 44-story tower
Genesis Companies and Lemor Development Group arrange financial closings for Frederick Samuel Apartm...
November 12, 2024
Manhattan, NY Genesis Companies and Lemor Development Group arranged the financial closing for the Frederick Samuel Apartments, a $383.6 million Permanent Affordability Commitment Together (PACT) project with the New York City Housing Authority (NYCHA) that will bring repairs to more than 1,200 residents.
A10 Capital with Crayhill closes $200 milllion capital facility for loan originations
November 12, 2024
Manhattan, NY A10 Capital LLC (A10), a nationwide direct lender and rated servicer of bridge and life company commercial real estate loans, has closed on a $200 million capital facility with Crayhill Capital Management LP
Asland Capital Partners and Pembroke Development open Park Lane Senior Apartments - 154 units of aff...
November 12, 2024
Bronx, NY Developers Asland Capital Partners (Asland) and Pembroke Development (Pembroke), alongside housing agency leaders, elected officials, and project partners, celebrated the official opening of the Park Lane Senior Apartments, located at 1940 Turnbull Ave. in the Soundview neighborhood.
Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmaker...
October 29, 2024
Valley Cottage NY Paul Adler, Esq., SIOR and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 400 Corporate Court, Valley Cottage NY.
Stone of GFP Real Estate leases 12,875 s/f to Billie, Inc.
November 12, 2024
Manhattan, NY GFP Real Estate, LLC said that Edgewell Personal Care, LLC, d.b.a. Billie Inc., a popular subscription-based razor and body care brand for women, has signed a five-and-a-half-year lease renewal for its 12,875 s/f of headquarters office space on the fourth floor of 100 Crosby St., bringing
Koicim, Markley and Colin of Marcus & Millichap broker $5.75 million sale of 32 Avenue A
November 12, 2024
Manhattan, NY Marcus & Millichap brokered the sale of a four-story mixed-use building located at 32 Avenue A in the East Village for $5.75 million. “This fully renovated asset, which was 100% occupied at the time of sale,
Lee & Associates NYC establishes capital advisory team
November 12, 2024
Manhattan, NY Lee & Associates NYC has established a new capital advisory group, appointing Dave Carswell as senior managing director and Ryan Fitzpatrick as senior associate. Prior to Lee & Associates NYC, Carswell and Fitzpatrick held roles at Largo Capital
CBRE reps. Roland Foods in 28,850 s/f office lease at 115 West 18th St. in Chelsa
November 12, 2024
Manhattan, NY In a transaction arranged by CBRE, Roland Foods, LLC, a specialty food importer and distributor in the New York metropolitan area known for importing global ingredients and condiments, has inked a 28,850 s/f office lease at 115 West 18th St. The fine foods purveyor will relocate
Robert Martin Co. breaks ground on two flex-industrial buildings
November 12, 2024
Hawthorne, NY Robert Martin Company (RMC) broke ground October 18 on the construction of two, flex-industrial buildings – combining for over 71,000 s/f of new space – within RMC’s Mid-Westchester Executive Park. Representatives from the town of Mount Pleasant and Westchester County
SL Green inks 35,000 s/f renewal and expansion with Mirae Asset Securities at 810 Seventh Ave.
November 12, 2024
Manhattan, NY According to SL Green Realty Corp., Mirae Asset Securities (USA) has renewed and expanded its lease at 810 Seventh Ave. The company renewed its existing 17,320 s/f lease covering the entire 37th for an additional 10 years commencing March 1, 2027 and expanded
Freitas joins Lightstone Capital as managing director of originations
November 12, 2024
Manhattan, NY Perry Freitas has joined Lightstone Capital, Lightstone’s real estate debt platform, as managing director of originations. In his new role, Freitas will lead the nationwide sourcing, structuring and originating of commercial real estate debt investments as part of Lightstone
Yonkers Industrial Development Agency votes preliminary approval of incentives for two projects
November 12, 2024
Yonkers, NY The Yonkers Industrial Development Agency (YIDA) has voted preliminary approval of financial incentives for two planned developments representing a total private investment of approximately $162 million in private investment.
JLL’s Hotels & Hospitality group adds Bernal and Melikian to NYC office
November 12, 2024
Manhattan, NY JLL’s Hotels & Hospitality group has made two additions to its local office: Carolina Bernal as senior director and Mackenzie Melikian as senior associate. Bernal and Melikian will focus on New York City hotel investment