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New York City Council approves Long Island City Business Improvement District expansion
October 15, 2024
Long Island City, NY The New York City Council has officially approved the expansion of the Long Island City Business Improvement District (LIC BID), following a 48-1 vote. This landmark decision comes at the end of a three-year process, allowing the expansion of services to commence on January 1, 2025.
Staying nimble: Adapting and improvising is essential to continued success - by Shallini Mehra
October 15, 2024
At Meridian Capital, we always emphasize the importance of staying nimble in our ongoing success across various fronts, whether financing, leasing, or sales. Dovid Ostrov of Meridian Capital is seeing robust activity with bridge financing for construction deals in the lease-up period. The shorter-term financing allows the
Ahamed of Helmsley Spear leases 800 s/f
October 15, 2024
Manhattan, NY Helmsley Spear, LLC represented Express Printing Copy in a 800 s/f lease at 260 West 39th St. Helmsley Spear’s Showket Ahamed, associate broker, represented the tenant. The company signed a lease for a term of five years with a five-year option to renew. Okada & Co. represented the
Cove Capital Investments fully subscribes its Rogers Business Park Opportunity 73 DST offering in Fu...
October 9, 2024
Fulshear, TX Cove Capital Investments, LLC, a DST sponsor company that specializes in providing accredited investors access to debt-free investment options for their 1031 exchange and direct cash investments, announced its Rogers Business Park Opportunity 73 DST, a Regulation D, Rule 506(c)
New Jamaica residential building honored by Queens Chamber of Commerce
October 15, 2024
Jamaica, NY A new environmentally conscious residential development has been recognized by the Queens Chamber of Commerce as the top sustainable residential building at the Chamber’s 2024 Building Awards, set to take place October 10 at JFK International Airport’s TWA Hotel.
REBNY announces honorees for the 129th REBNY Annual
September 24, 2024
Manhattan, NY The Real Estate Board of New York (REBNY) announced the industry and civic leaders who will be honored at the REBNY Annual, New York City real estate’s signature event, on Thursday, January 16
EV Infrastructure and associated risks for property owners Webinar
September 24, 2024
Manhattan, NY Over the past decade, the global demand for electric vehicles (EVs) has seen exponential growth, necessitating significant infrastructure adaptations to support widespread adoption. One critical
Gridtech company David Energy relocates,
signs new lease for 7,955 s/f at 200 Varick St.
September 24, 2024
Manhattan, NY According to GFP Real Estate, LLC, David Energy (d.b.a. David Energy Systems, Inc.), a technology-driven retail electricity provider (REP) on a mission to run the power grid on
The Broadway Company acquires two manufactured-housing communities, Hillside Village and Sherwood Vi...
September 24, 2024
Long Valley, NJ The Broadway Company (TBC) has acquired two manufactured-housing communities, Hillside Village and Sherwood Village, in Northern New Jersey. Hillside Village is in Oxford, NJ, in Bergen County
Adams of Capstone brokers $1.45 million sale
September 24, 2024
Canon City, CO Capstone has closed the sale of 512 & 528 Yale Place, a two 4-unit multifamily properties in Canon City for the sale price of $1.45 million. Benton Adams of Capstone brokered the transaction
H2M architects + engineers acquires
CA RICH Environmental Consultants
September 24, 2024
Melville, NY H2M architects + engineers (H2M) has acquire CA RICH Environmental Consultants as of September 30, 2024. Established in 1982 and based in Plainview, NY, CA RICH is a leading environmental
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental pro...
September 24, 2024
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
Marcus & Millichap’s IPA Capital Markets arranges $75 million financing for office-to-residential ...
September 24, 2024
Manhattan, NY IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients, has secured $75 million in acquisition
The Bronx Chamber of Commerce held its 21st annual gala
September 24, 2024
Bronx, NY Anything is Possible was the theme as The Bronx Chamber of Commerce held its 21st Annual Gala at Marina del Rey in the Throggs Neck section of the borough. The 2024 Gala showcased the advancements made possible
H.J. Kalikow Co., LLC and Cushman & Wakefield complete two full-floor lease expansions at 101 Park A...
September 24, 2024
Manhattan, NY According to H.J. Kalikow & Co. and Cushman & Wakefield, two full-floor lease expansions have been signed at 101 Park Avenue, a 1.3 million s/f trophy property
ArentFox Schiff relocates to Carr Properties’ Midtown Center
September 24, 2024
Washington, DC According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, ArentFox Schiff, a nationally-renowned law firm
Red Oak Capital Holdings provides $5.5 million for Gulf Coast LIHTC asset
September 24, 2024
Ocean Springs, MS Red Oak Capital Holdings, LLC has provided $5.46 million in financing for The Breakers Apartments, a 96-unit garden apartment community. The loan was written under the firm’s Core-Plus Bridge
Gorski joins Portier USA as vice president
September 24, 2024
strong>Chicago, IL According to Portier USA, Steve Gorski has joined the company as vice president. In his new role, the parking and mobility industry veteran will oversee Portier’s operations throughout the
Dealpath appoints Hung as CFO
September 24, 2024
San Francisco, CA Dealpath, the real estate industry’s leading investment and deal management platform, have appointed Pei Hung as its CFO. She will be responsible for leading Dealpath’s financial
Ross of Largo Capital secures $3.5 million
refinancing for 12,000 s/f retail condominium in Mont...
September 24, 2024
Montreal, Quebec City Kevin Ross, managing director at Largo Capital Limited, secured a permanent first mortgage to refinance the existing debt for a 12,000 s/f single tenant main floor retail condominium for $3.5 million