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Investment Property Realty Group
sells 23-37 Astoria Blvd. - $2 million
February 27, 2024
Queens, NY Investment Property Realty Group (IPRG) negotiated the closing of 23-37 Astoria Blvd. in Old Astoria for $2 million. The property is located between Crescent St. and 23rd St. The property has nine apartments. The building is
David joins Forchelli Deegan Terrana as tax, trusts & estates partner
February 27, 2024
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Johanna David to the firm’s tax, trusts & estates practice group as a partner. She is an adjunct professor at the Maurice A. Deane School of Law at Hofstra University. David
SL Green signs four new leases at 1185 Avenue of the Americas
February 27, 2024
Manhattan, NY SL Green Realty Corp. negotiated three new office leases totaling 42,000 s/f and a new retail lease covering 14,000 s/f at 1185 Avenue of the Americas. Slatebrook, LP, which signed a new 14,428 s/f, 11-year lease on the 23rd floor. The firm was
PWC accepting applications for scholarship program for students earning a degree in AEC
February 27, 2024
New York, NY The New York Chapter of Professional Women in Construction (PWC NY) has launched its 2024-2025 scholarship program. Submissions are due by March 31st and the recipients will be notified in early May. The PWC NY Scholarship Program will
Ariel Property Advisors arranges $15.875 million
sale of development site
February 27, 2024
Manhattan, NY Ariel Property Advisors (Ariel) has negotiated the sale of a development site offering nearly 50,000 buildable s/f at 250 West 30th St. in the Chelsea neighborhood. The property traded for $15.875 million. An Ariel team comprised of founding partner Victor Sozio; director Howard Raber
Buckle up, it’s 2024 - by Brian Sahn
February 27, 2024
Welcome to 2024! Turbulent times is an understatement, with interest rate fluctuations, inflation, rising vacancy rates, and stretched municipal budgets. Think goal line adjustments.The Fed Sentiment says we are at peak rates, but staying put is problematic. Rates remain elevated, and even if more predictable
The Feil Organization inks 10-year 210,334 s/f lease extension
with LaGuardia Community College ...
February 27, 2024
Queens, NY The Feil Organization recognized that City University of New York’s LaGuardia Community College has extended its lease for 10 years at 30-20 Thomson Ave. within Queen’s Atrium, an eight-story office building in
HUNT Mortgage marks 40th anniversary in mortgage industry
February 27, 2024
Buffalo, NY HUNT Mortgage, a leading name in the mortgage industry, is celebrating its 40th anniversary since its founding in 1984. Created to provide personalized home financing options to its customers and sales
Cronheim Hotel Capital secures loan
to refinance Sheraton Brooklyn
February 27, 2024
Brooklyn, NY Cronheim Hotel Capital (CHC) has secured a permanent loan on behalf of The Lam Group to refinance the existing note on the 321-room Sheraton Brooklyn New York Hotel. The fixed-rate, non-recourse, loan was executed with Deutsche Bank.
Cuartas and Rackenberg of Houlihan Lawrence
Commercial broker two sales - $4.725 million
February 27, 2024
Somers, NY Houlihan Lawrence Commercial negotiated two commercial sales in Westchester County totaling $4.725 million. In Somers, Houlihan Lawrence Commercial completed the sale of 12,723 s/f medical building
Dunne, MacKenzie, Apfel, Langer and Blumenkrantz of CBRE arrange sale of 501-unit 15 Bank Apartments...
February 22, 2024
White Plains, NY Representatives of CBRE, led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Daniel Blumenkrantz, have completed the sale of 15 Bank Apartments, a 501-unit multifamily community. This follows on the heels of CBRE’s most recent transaction
JLL Capital Markets arranges transaction for $33 million refinancing for 111 West 19th St.
February 22, 2024
Manhattan, NY JLL Capital Markets has arranged a $33 million refinancing for 111 West 19th St., an eight-story, 189,731s/f office and retail building located in the Chelsea neighborhood. A JLL debt advisory team led by senior managing director Aaron Niedermayer represented the borrower,
Marcus & Millichap sells multifamily development sites for $7 million
February 13, 2024
Brooklyn, NY Marcus & Millichap has completed the sale of two multifamily development sites. The assets sold for $7 million. “This was a complex 421a development site, with a number of moving parts. My team, consisting of John Lopez
Marcus & Millichap facilitates $8.4 million sale of multifamily property
February 22, 2024
Brooklyn, NY Marcus & Millichap has completed the sale of a three-story multifamily propert. The asset sold for $8.375 million. “The property was sold at a 4.31% cap rate and a 19.1x rent roll. Significant interest persists in 100% free-market properties
Houlihan Lawrence expands into Hudson Valley with grand opening of new office in Hudson
February 21, 2024
Hudson, NY Houlihan Lawrence is expanding its presence in the Hudson Valley with the grand opening of its new brokerage. Located at 237 Warren St., it is the company’s first brokerage in Columbia County. Houlihan Lawrence has offices
Wexcor Capital purchases apartment building for $5.8 million
February 21, 2024
Manhattan, NY Wexcor Capital has purchased two attached multifamily buildings from Barberry Rose Management in for $5.8 million. The six-story, two contiguous walk-up buildings at 565-567 and 571-573 West 175th St. in Washington Heights, feature
Marcus & Millichap facilitates $7.5 million sale of industrial assemblage
February 21, 2024
Brooklyn, NY Marcus & Millichap has completed the sale of an industrial assemblage. The assets sold for $7.5 million. "This sale was a good demonstration of how owner-user demand kept industrial pricing relatively stable last year,” said Thomas Brennan
2024 Ones to Watch Rising Stars: Rebecca Davies Adams, Belveron Partners
February 27, 2024
How do you balance your rising career with your personal life? Keep everything in perspective, celebrate the small wins, and find joy in chaos.Beyond your professional achievements, what are some of your passions or hobbies? I’m an avid reader – I’m in two book clubs
2024 Ones to Watch Rising Stars: E.J. Moawad, Levin Management Corp.
February 27, 2024
Beyond your professional achievements, what are some of your passions or hobbies? I’m an avid mountain biker, fisherman, cook and DIY’er. As a husband and proud father of two, I enjoy family time and supporting my children’s activities.
2024 Ones to Watch Rising Stars: Gene Bove, GZA GeoEnvironmental, Inc.
February 27, 2024
Who are the key people in your life that have contributed to your success? My professional mentor has been instrumental in pointing my career in the right direction. His trust in me and advocacy for me as a young professional within the firm has allowed me to reimagine the firm’s noise and