Search
Story results for:
Brown Altman & DiLeo handles leasing for ConnectOne Bank’s new location
February 11, 2025
East Hampton, NY Brown Altman & DiLeo, LLP after extensive negotiation, David Altman, founding partner of Brown Altman & DiLeo handled a commercial leasing transaction on behalf of ConnectOne Bank. This new full-service branch is located at 78B Park Pl., securing a long-term commitment for the
Real estate taxes increase? Maybe the roof is to blame - by Douglas Atkins
February 11, 2025
When the growth of the property tax expense outpaces rental revenue, property owners must be creative in an effort to maximize their net operating income (NOI). For decades, savvy property owners have been utilizing their roofs for just that. The roof can be a valuable asset in two main areas: installation of
Hunt Corp. Commercial Real Estate Q&A: Commercial real estate designations - by David Hunt
February 11, 2025
The Master of Corporate Real Estate (MCR) is granted by Corenet International, a worldwide organization of corporate real estate executives. The coursework has a strong financial component, which emphasizes the critical need for understanding corporate real estate’s linkage to the corporate bottom line.
Inspire Design Creative Studio partners with MarkMaster to serve Tampa area
February 11, 2025
Garden City, NY Inspire Design Creative Studio, a full-service artwork, design consulting and management firm has partnered with MarkMaster Inc., a premier manufacturer of custom and stock identity solutions located in Tampa, FL, to supply design solutions for commercial spaces across corporate,
Kleinberg of Tri-State Properties sells 10,000 s/f mixed-use building for $1.66 million
February 11, 2025
Babylon, NY Ron Kleinberg of Tri-State Properties brokered the sale of this retail/apartment building on Main St. for $1.664 million. Tri- State Properties was the exclusive selling broker representing both the seller and buyer. The two-story building totaled 10,000 s/f which included a 3,000 s/f
The Feil Organization secures two leases totaling 31,320 s/f at 1305 Walt Whitman Rd.
February 11, 2025
Melville, NY The Feil Organization signed two leases totaling 31,320 s/f at 1305 Walt Whitman Rd., a class A office building. The Long Island Board of Realtors signed a 24,585 s/f, 15-year lease across the third floor while existing tenant Medigap Life LLC relocated within the building
Cronheim Mortgage finances 69,350 s/f retail center
February 11, 2025
Medford, NY Cronheim Mortgage has arranged $3 million in financing for a 69,350 s/f shopping center located in Suffolk County. Allison Villamagna and Andrew Stewart placed the financing with one of its portfolio lender relationships and will act as correspondent and servicing agents. The financing was
Greystone provides $11.7 million in Fannie Mae
DUS financing for 61-unit Wellington Park Villas
February 11, 2025
Amityville, NY Greystone provided a $11,749,000 Fannie Mae Delegated Underwriting & Servicing (DUS) loan to refinance a 61-unit multifamily property. The financing was originated by Jesse Yodice, director at Greystone.
2024 Upstate New York apartment market - by Brian Heine
February 11, 2025
Two recent high profile court cases illustrate the difficulties facing the real estate business in New York state. Robert Morgan of Rochester settled his long-running mortgage fraud case for $16.3 million and a single guilty plea while also admitting to no guilt or wrongdoing. The FBI had
February 2025 NYSCAR president’s message - by Robert Strell
February 11, 2025
The New York State Commercial Association of Realtors Board of Governors met on Tuesday, February 4, 2025 at the Crowne Plaza Desmond Hotel in Albany. The following officers were installed for 2025: Robert Strell, WNY, president; Mercedes Brien, Rochester, first vice president; Carolyn Vinci, WNY, second vice president;
Appraisal Institute’s Upstate courses scheduled in February and May 2025
February 11, 2025
Rochester, NY The Upstate New York Chapter of the Appraisal Institute has two classes currently scheduled for real estate appraisers for continuing education (CE). The February 21st seminar will be the seven hour Residential & Commercial Trends in Ellicottville at the Holiday Valley Resort & Conference Center
Perlman of Largo closes multi-family construction loan
February 11, 2025
East Aurora, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. negotiated the closing of a $1 million multifamily construction loan. The planned units will be within walking distance to grocery stores and the attractions of Main St.
Pyramid Management secures loan
extension for Sangertown Square
February 11, 2025
New Hartford, NY Pyramid Management Group has secured a three-year extension for the loan on Sangertown Square. This extension will allow Pyramid to continue to reinvest in the property and ensure its vitality, vibrancy and sustained success in Central New York and the Mohawk Valley.
Swon and Anton of Marcus & Millichap broker sale of two hotel portfolio
February 11, 2025
Syracuse, NY Marcus & Millichap negotiated the sale of a two-property hotel portfolio in Upstate New York. “I am pleased to have successfully transacted this nuanced deal,” said Jerry Swon. “Both hotels will be renovated, with the Staybridge continuing to operate
BOMA New York: Welcome back to the office
February 11, 2025
As we navigate the transition from remote work to returning to the office, BOMA New York acknowledges the significance of in-person collaboration and the many benefits it offers. At BOMA New York, we encourage all our members to embrace the opportunity to return to the office, not only for increased productivity but also for the vital relationship-building that in-person collaboration fosters.
IREM NYC names Whelan of REBNY as 2024 Real Estate Person of the Year
February 11, 2025
Manhattan, NY The Greater New York Chapter of the Institute of Real Estate Management (IREM NYC) proudly announces James Whelan, president of the Real Estate Board of New York (REBNY), as the recipient of the 2024 Real Estate Person of the Year Award.
PWC NY presents “Resilience Infrastructure Across New York”
February 11, 2025
Manhattan, NY As extreme weather events increase due to climate change, ensuring that physical structures are secure is a priority in the AEC industry. The New York chapter of Professional Women in Construction (PWC-NY) is bringing together top industry leaders from NYCEDC, SCAPE, STV, MTA and NYC DEP for a panel on Resilience Infrastructure Across New York.
LCOR leases 3,400 s/f for Art’s House relocation
February 11, 2025
Brooklyn, NY According to LCOR, a leader in real estate investment, development, and management, Art’s House Schools, a not-for-profit performing arts school based in Coney Island, has signed a ground-floor lease at the base of its newly completed residential development, 1515 Surf Ave. The lease represents
.jpg)
Witkoff and Access Industries’ One High Line project passes $1b in sales
February 11, 2025
Manhattan, NY Witkoff and Access Industries’ One High Line, their luxury condominium project has surpassed $1 billion in sales, one of the fastest residential projects in downtown West Chelsea to do so in ten years. Corcoran Sunshine Sales and Marketing led One High Line to over $1.043 billion in sales capturing 7% of the entire new development market by dollar volume last year.
New Urban Residential appoints Gubiotti president
February 11, 2025
Manhattan, NY New Urban Residential, which operates multifamily rental properties nationally as an affiliate of Spruce Properties, has appointed of Stephanie Gubiotti as president. Gubiotti will oversee the company’s management operations and continued national growth.
September Promotion
