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Executive of the Month: Q&A with Nadira Taylor, founder and president of Diamond Mine Real Estate

Executive of the Month: Q&A with Nadira Taylor, founder and president of Diamond Mine Real Estate

April 16, 2024
1. How did you get started in real estate investing?  I felt that real estate investing would help me and our group of investors enter into a market that was lucrative to so many people that I idolized and I wanted to experience investing first hand. Sink or swim!
BGO RE and 1Sharpe Capital form partnership

BGO RE and 1Sharpe Capital form partnership

April 16, 2024
Manhattan, NY 1Sharpe Capital, builder and innovator across the real estate and technology spectrum, and BGO, a global real estate investment management advisor, have formed a partnership focused on investing in build-to-rent, single family home communities in the U.S.
Argo RE assumes management of 430,000 s/f commercial condo

Argo RE assumes management of 430,000 s/f commercial condo

April 16, 2024
Manhattan, NY Argo Real Estate’s property management division has been retained to manage 62 West 47th St., a commercial condominium in the Diamond District, between Fifth and Sixth Ave’s. The 430,000 s/f, circa 1926 Art Deco jewel has 16 floors
L+M affiliates named 2024 Freddie Mac Multifamily Impact Sponsor

L+M affiliates named 2024 Freddie Mac Multifamily Impact Sponsor

April 16, 2024
Manhattan, NY L+M Development Partners (L+M), affiliates L+M Fund Management and LMXD has been named the 2024 Freddie Mac Multifamily Impact Sponsor. The Impact Sponsor cohort comprises of sponsors who have shown significant results in providing affordable housing options,
Quadrum Global begins closings at two-tower condominium - The Huron

Quadrum Global begins closings at two-tower condominium - The Huron

April 16, 2024
Brooklyn, NY Quadrum Global, a global real estate development and investment firm, has begun the first closings at The Huron, a two-tower condominium development located at 29 Huron St. in Greenpoint. The team also revealed a one-bedroom model residence by Vesta.
Hudson Companies and Housing Works close $119 financing for The Lirio

Hudson Companies and Housing Works close $119 financing for The Lirio

April 16, 2024
Manhattan, NY The Hudson Companies and Housing Works, in partnership with the New York City Department of Housing & Preservation (HPD) and the Metropolitan Transit Authority (MTA) have closed $119 million in financing for the construction of The Lirio, a mixed-use development
Soloviev Group appoints Balboni of RedLand Strategies as safety and security advisor for Freedom Plaza

Soloviev Group appoints Balboni of RedLand Strategies as safety and security advisor for Freedom Pla...

April 16, 2024
Manhattan, NY Soloviev Group has appointed Michael Balboni, former deputy secretary for public safety and Homeland Security advisor for New York state who serves as president and managing director of RedLand Strategies, to the role of safety and security advisor for Freedom Plaza.
Syska Hennessy Group promotes four members to associate partner

Syska Hennessy Group promotes four members to associate partner

April 16, 2024
Manhattan, NY Syska Hennessy Group, the international engineering firm, has promoted four professionals to associate partner, ten to senior associate, and nine to associate. The group of 23 represents seven different offices across the U.S.
BEB, Totem, Ofer Cohen and SK Development secure<br> financing for 193,000 s/f housing development

BEB, Totem, Ofer Cohen and SK Development secure
financing for 193,000 s/f housing development

April 16, 2024
Brooklyn, NY The partnership team of BEB Capital (BEB), Totem, Ofer Cohen, and SK Development, have secured financing for a 193,000 s/f, 14-story, 187-unit mixed-income housing and retail development in Sunset Park. Canyon Partners Real Estate LLC and J.P. Morgan co-originated
Alvarez & Marsal Property Solutions welcomes Swerdloff

Alvarez & Marsal Property Solutions welcomes Swerdloff

April 16, 2024
Manhattan, NY Alvarez & Marsal Property Solutions (AM-PS) has added Max Swerdloff to its leasing team. “We are thrilled to welcome Max to our team. Having recently transitioned from the landlord side
Ariel Property Advisors names 2024 corporate award winners and company promotions

Ariel Property Advisors names 2024 corporate award winners and company promotions

April 16, 2024
Manhattan, NY Ariel Property Advisors (Ariel) presented its internal recognition awards honoring its top producers, leaders and rising stars for their achievements throughout 2023. In addition, Ariel
Weiner and Jakubowitz join Brooklyn Land Title

Weiner and Jakubowitz join Brooklyn Land Title

April 16, 2024
Brooklyn, NY Brooklyn Land Title welcomes Samuel Weiner and Alon Jakubowitz. Weiner comes with five years of experience working at both Langdon Title and Riverside Abstract, and will join Chris Yong as partner.
Greystone names Jenkins and Rosenberg co-presidents of lending platform

Greystone names Jenkins and Rosenberg co-presidents of lending platform

April 16, 2024
Manhattan, NY Debby Jenkins and Mordecai Rosenberg have been appointed co-presidents of Greystone’s comprehensive lending business platform. Together, Jenkins and Rosenberg will seek to elevate, expand, and innovate across a variety
Berger of Norman Bobrow & Co. leases 51,498 s/f to charter school

Berger of Norman Bobrow & Co. leases 51,498 s/f to charter school

April 16, 2024
Brooklyn, NY Bedford Stuyvesant New Beginnings Charter School (BSNBCS) has signed a new 35-year lease for its new high school in a condo building in Williamsburg. The charter school will occupy the commercial portion of the building located at 217 North 10th St. completed in 2022 by Largo
Adler & Stachenfeld elevates Rothstein and Carpinello

Adler & Stachenfeld elevates Rothstein and Carpinello

April 16, 2024
Manhattan, NY Adler & Stachenfeld LLP (A&S) have elected two new partners. Jonathan Rothstein and Matthew Carpinello will serve as partners within the firm’s joint venture (JV) and finance practice groups.
Benenson Capital Partners promotes Butts, Ciaravino and Katzman

Benenson Capital Partners promotes Butts, Ciaravino and Katzman

April 16, 2024
Manhattan, NY Benenson Capital Partners has elevated three professionals within its investment and asset management teams as the firm reorganizes its leadership team.
Stenson of Brax Realty sells two-building <br>package for $8.75 million

Stenson of Brax Realty sells two-building
package for $8.75 million

April 16, 2024
Manhattan, NY Alan Stenson, senior director of Brax Realty completed the exclusive assignment to sell a two-building package in the city by a state-appointed guardianship in Florida. The two- building package included 333 East 52nd St. located between 1st Ave. and 2nd Ave. and 228 East 25th St.
Is New York City still a viable investment option? - by Shallini Mehra

Is New York City still a viable investment option? - by Shallini Mehra

April 16, 2024
With lingering high rates, rent collection difficulties in stabilized buildings, escalating operating costs, and a strict regulatory environment, certain segments of the real estate market are facing tough hurdles. The
Six new leases signed at The Stahl Organization’s 277 Park Ave. office building

Six new leases signed at The Stahl Organization’s 277 Park Ave. office building

April 16, 2024
Manhattan, NY Cushman & Wakefield and The Stahl Organization arranged six new leases totaling 175,000 s/f at 277 Park Ave., a 1.85 million s/f class A office building in Midtown.
SCALE Lending issues $140 million construction loan to Clipper Equity

SCALE Lending issues $140 million construction loan to Clipper Equity

April 16, 2024
Brooklyn, NY SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project located at 2366 Bedford Ave. in Flatbush.