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Rand to lead Consigli Construction Co., Inc. operations in Capital Region
February 27, 2024
Albany, NY Consigli Construction Co., Inc. has promoted Jennifer Rand to director of operations for New York’s Capital Region. In her new role, Rand will oversee business development, strategic growth and lead the day-to-day operations for the
Juneja joins Thornton Tomasetti as equity, diversity and inclusion officer
February 27, 2024
Manhattan, NY Thornton Tomasetti has hired Vandana Juneja, an experienced equity, diversity and inclusion strategist, to the team. Juneja joins as equity, diversity and inclusion officer and will be working closely with the firm’s leaders and staff on
AmTrust appoints Thanasules as president of AmTrust Title
February 27, 2024
Manhattan, NY AmTrust Financial Services, Inc. appointed James Thanasules as president of AmTrust Title Insurance Co. In this role, he will oversee AmTrust Title’s operations providing title insurance for the commercial and residential real estate
Alvarez & Marsal Property Solutions bolsters retail team with addition of Stanton, Kooyman and Mille...
February 27, 2024
Manhattan, NY Alvarez & Marsal Property Solutions (AM-PS) has added three new members to its data-driven retail advisory team. The new additions include Christian Stanton as senior vice president, Lucas Kooyman as vice president, and Libby Miller as
McAllister joins the NYC Housing Partnership as vice president
February 27, 2024
Manhattan, NY Debbra McAllister has been named a vice president of the nonprofit NYC Housing Partnership Development Corp. She joins the Housing Partnership from the NYC Department of Citywide Administrative Services (NYCDCAS) where she served as
Ichan Mount Sinai leases 10,000 s/f at Hudson Research Center
February 27, 2024
Manhattan, NY Elevate Research Properties, the life sciences subsidiary of Taconic Partners, and Silverstein Properties have signed a long-term lease with the Icahn School of Medicine at Mount Sinai (Icahn Mount Sinai) for a 10,000 s/f lab suite at The Hudson
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