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REAL New York opens new 6,800 s/f office in NoMad
August 27, 2024
Manhattan, NY REAL New York has opened a new, 6,800 s/f office at 29 West 30th St. in the NoMad neighborhood. The new space is in addition to the firm’s existing Lower East Side office. The new office space features private offices for REAL New York’s leadership
Naftali Credit Partners closes on loans for ground-up development
August 27, 2024
Queens, NY Naftali Credit Partners, headed by CEO Glenn Grimaldi, a subsidiary of Naftali Group – a privately held, global real estate development and investment firm run by CEO and chairman Miki Naftali, closed on two mezzanine loans marking the 4th and 5th deals
Brookhaven IDA closes on benefits pact for Rechler Equity Ptrs. 91-home apartment complex
August 27, 2024
East Patchogue, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the industrial development agency has closed on a package of economic incentives for a 91-home rental apartment complex designed to assist
AmTrust RE inks 9,397 s/f lease with Access Justice Brooklyn
August 27, 2024
Brooklyn, NY AmTrust RE completed a 9,397 s/f lease with Access Justice Brooklyn at 203 Jay St., an eight-story, 72,000 s/f mixed-use property at the nexus of DUMBO, Downtown Brooklyn and Brooklyn Heights. Bert Rosenblatt of Cresa represented the tenant, while the
Wonder Group and Bleuler sign long-term leases at Heritage Tower
August 27, 2024
Queens, NY RockFarmer Properties has signed two new long-term leases at Heritage Tower, located at 82-11 37th Ave. in Jackson Heights, totaling 11,199 s/f. The new lease brings the 135,000 s/f mixed-use office building to 95% leased.
Murphy joins Fifth Wall
August 27, 2024
Manhattan, NY Devin Murphy has joined Fifth Wall as a senior advisor focused on Fifth Wall’s relationships with its 110 strategic limited partners and the real estate industry.
Rosenberg & Estis promotes attorneys Millington and Floyd
August 27, 2024
Manhattan, NY Rosenberg & Estis, P.C. promoted two attorneys. Jeanine Floyd has been elevated from counsel to member, and Stephen Millington has been promoted from associate to counsel.
IREON Insights: 10 hiring mistakes that will destroy your business, part 1 of 4 - by Patrick Brosnan...
August 27, 2024
How do you really know who you’re hiring? How do you know who to trust and what to believe? People with secrets will go to great lengths to hide them. Whether it’s an arrest as a teenager, a stint in rehab, or a bankruptcy they want to forget about. Certain background checks and employer
Cohen of Refined arranges three loans
August 27, 2024
Brooklyn, NY Peter Cohen of Refined closed three loan transactions.
These deals consisted of ground-up construction, an acquisition bridge loan and a partner buyout.
Marx Realty signs two leases for MarxReady pre-built suites
August 27, 2024
Manhattan, NY Marx Realty has signed two leases at 10 Grand Central for its MarxRealty pre-built suites, totaling over 6,200 s/f of new office leases at the repositioned midtown tower. TMF Group has signed a 10-year, 3,130 s/f lease on the building’s 9th floor
State of Play leases 10,700 s/f space to open Flight Club
August 27, 2024
Manhattan, NY State of Play Hospitality signed a lease in New York City to open Flight Club, an upscale technology-enabled Social Darts concept, at 31 Union Square West. The 10,700 s/f former bank, spanning both the ground floor and basement with a patio on
ATCO Properties & Management inks two lease renewals at 555 Fifth Ave.
August 27, 2024
Manhattan, NY According to ATCO Properties & Management, current office tenants Telsey Advisory Group (TAG) and Maritime Capital LLC have renewed their leases at 555 Fifth Ave., a 257,000 s/f office building located in Midtown.
Island Assocs. brokers 1,500 s/f lease extension at Strathmore Commons
August 27, 2024
Middle Island, NY Island Associates negotiated a long-term lease extension with Capio’s Pizzeria for 1,500 s/f at Strathmore Commons. Capio’s has been a tenant for over 20 years at Strathmore Commons and has agreed to terms for a long-term lease extension
Northgate Real Estate Group to auction 43 unit new-construction building in bankruptcy
August 22, 2024
Brooklyn, NY Northgate Real Estate Group, the top bankruptcy, foreclosure & restructuring brokerage firm in New York, has been exclusively engaged to market for sale 2417 Albemarle Rd., under a chapter 11 bankruptcy plan. 2417 Albemarle Rd. is a 38,493 s/f 12-story multifamily building with 43 large residential units and 30 parking spaces in Flatbush.
Bayview PACE closes $3.5 million C-PACE retrofit financing
August 27, 2024
Yonkers NY Bayview PACE closed $3.5 million in C-PACE financing to fund energy efficiency, HVAC repairs and replacements for 66 Main St., a 17-year-old apartment and retail mixed-use property. Commercial Property-Assessed Clean Energy financing
Taylor of Continuum Commercial Realty awarded CCIM designation
August 27, 2024
Albany, NY The Upstate New York CCIM Chapter said that a Ryan Taylor, CCIM of Continuum Commercial Realty has been awarded the CCIM designation. This achievement highlights the hard work and dedication of our members in maintaining the highest standards of
Winstanley acquires 30.74 acre industrial parcel
August 27, 2024
West Coxsackie, NY Winstanley Enterprises LLC has acquired a 30.74-acre parcel featuring 333,386 s/f of class A industrial space located at 1 Van Bergen Ln. Terms of the deal were not disclosed.
Bayport Funding provides $6.5 million acquisition and construction loan
August 27, 2024
Brooklyn, NY Bayport Funding closed a $6.5 million acquisition and construction loan for a Williamsburg multifamily property. Upon its Q4 2024 completion, the site will be transformed into a six-story, 10-unit property comprising eight residential units and two commercial
Eastern Union arranges $72 million construction financing for 117-unit condo
August 27, 2024
Queens, NY Chaim Greenfeld, a vice president with Eastern Union, has secured $72 million in construction financing toward the development of a 117-unit luxury condo in Long Island City.
Lebor, O’Neill and Marks of TerraCRG sell 10,000 s/f industrial property
August 27, 2024
Brooklyn, NY TerraCRG negotiated the sale of the one-story 10,000 s/f block-through industrial property at 7 Knickerbocker Ave. in East Williamsburg. Daniel Lebor, Jackson O’Neill and Dan Marks of TerraCRG exclusively brokered the transaction for a sales price of $7 million
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