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REI at SBU College of Business joint panel - spring luncheon - “Challenges in a Changing Construction Environment” to be held on March 8th

REI at SBU College of Business joint panel - spring luncheon - “Challenges in a Changing Construct...

February 13, 2024
Farmingdale, NY The Real Estate Institute (REI) at Stony Brook University (SBU) College of Business will hold a joint panel event on March 8th at Heritage Club at Bethpage. The spring luncheon, titled “Challenges in a Changing Construction Environment
NAI Long Island represents Oakwood Family Partners in sale of 15,000 s/f

NAI Long Island represents Oakwood Family Partners in sale of 15,000 s/f

February 13, 2024
Mt. Sinai, NY Directors Marian Campi-Conde and Michael Corsello of NAI Long Island represented Oakwood Family Partners, LLC in the sale of the Portview Building, at 28 N. Country Rd. 28 N. Country Road is a 15,000 s/f, multi-tenant office building, situated on a corner acre.
Kennedy Funding closes $5 million<br> loan on Old Westbury estate

Kennedy Funding closes $5 million
loan on Old Westbury estate

February 13, 2024
Old Westbury, NY Kennedy Funding has closed a $5 million loan on a residential estate. The loan proceeds will be used for working capital. There is no debt on the property. Despite setbacks and challenges, Kennedy was able to fill the funding void, providing the necessary capital.
Metropolitan Realty secures 33,000 s/f <br>long-term lease with Lumber Plus

Metropolitan Realty secures 33,000 s/f
long-term lease with Lumber Plus

February 13, 2024
Ronkonkoma, NY Joe Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), executed a 10-year lease for the entire 33,000 s/f building located at 2175 5th Ave. The lease agreement was inked with Unitta Exotique Woods Corp., dba Lumber Plus
IPA Capital Markets expands its New York team with the hiring of Hulsh as director

IPA Capital Markets expands its New York team with the hiring of Hulsh as director

February 9, 2024
Manhattan, NY IPA Capital Markets has hired Max Hulsh as director to its New York team led by Max Herzog and Marko Kazanjian. Herzog, Kazanjian and associate Andrew Cohen joined IPA Capital Markets in August of this year,
JLL Capital Markets arranges $70.6 million refinancing for 108-unit mixed-use development

JLL Capital Markets arranges $70.6 million refinancing for 108-unit mixed-use development

February 9, 2024
Manhattan, NY JLL Capital Markets has arranged a $70.635 million Fannie Mae loan for SMA Equities to refinance 200 East 23rd St., a newly-completed, 20-story mixed-use property in the Gramercy Park neighborhood
Moon Rabbit signs 6,000 s/f lease at 594 Broadway

Moon Rabbit signs 6,000 s/f lease at 594 Broadway

February 9, 2024
Manhattan, NY According to GFP Real Estate, LLC, Moon Rabbit, an NYC-based independent creative advertising agency, has signed a new three-and-a-half-year lease for 6,604 s/f on the 12th floor of 594 Broadway as the company continues
HUB International releases its 2024 outlook to help owners and investors find opportunity in risk management

HUB International releases its 2024 outlook to help owners and investors find opportunity in risk ma...

January 30, 2024
High interest rates and weather-related disasters will continue to have a significant effect on the real estate industry in 2024. Catastrophes and weather events, technology issues, crime and nuclear verdicts will evolve, straining profits and resulting
HGAR welcomes Bauman of RM Friedland as its 2024 president

HGAR welcomes Bauman of RM Friedland as its 2024 president

February 8, 2024
White Plains, NY The Hudson Gateway Association of REALTORS (HGAR) inaugurated Carmen Bauman of RM Friedland in Harrison as its 2024 president. HGAR also appointed its 2024 executive officers and directors at its Installation Gala, held at The Opus Westchester
Lidl joining Totowa Commons

Lidl joining Totowa Commons

February 8, 2024
Totowa Commons, NJ According to Urban Edge Properties, Lidl will be joining the power center’s retail lineup alongside The Home Depot, Staples and Fortunoff Backyard. This new 27,270 s/f store brings a strong value grocery concept
Peck honored with Kapusta Lifetime Heritage Award

Peck honored with Kapusta Lifetime Heritage Award

February 13, 2024
Stratford, CT Arnold Peck received the Kapusta Lifetime Achievement Award from the Milford Regional Chamber of Commerce on January 25 held at the Riverview Bistro, the location of the former Fagan’s Restaurant formerly owned by Peck.
JLL Capital Markets closes $51 million sale on 17-acre parcel of undeveloped land

JLL Capital Markets closes $51 million sale on 17-acre parcel of undeveloped land

February 8, 2024
Brooklyn, NY JLL Capital Markets has closed on the sale of 2731 West 12th St., a nearly 17-acre parcel of undeveloped land located in Coney Island. JLL represented the seller, National Grid. The buyer was Prologis, the global leader
Dickson appointed co-chair of land-use & zoning practice group at Forchelli Deegan Terrana

Dickson appointed co-chair of land-use & zoning practice group at Forchelli Deegan Terrana

February 13, 2024
Uniondale, NY Forchelli Deegan Terrana LLP congratulates partner Kathleen Deegan Dickson on being appointed co-chair of the firm’s land use & zoning practice group. She also co-chairs the firm’s Cannabis practice group.
Top food and beverage  trends for 2024 - by James Famularo

Top food and beverage trends for 2024 - by James Famularo

February 13, 2024
Throughout my career, I’ve witnessed the ebb and flow of many various food trends, from frozen yogurt to poke, omakase sushi to cupcakes, burgers to dessert. While social media continues to amplify the influence of these niche trends, recent market deals indicate a
OPEN Impact Real Estate leases 6,000 s/f to The Barrow Group

OPEN Impact Real Estate leases 6,000 s/f to The Barrow Group

February 13, 2024
Manhattan, NY OPEN Impact Real Estate (OPEN) said that The Barrow Group (TBG) — a theatre company and training center — has signed a 12-year, 6,000 s/f lease on the ninth floor of 520 Eighth Ave. in the Penn Station area, located in close
West Side Campaign Against Hunger signs long-term lease for 15,000 s/f

West Side Campaign Against Hunger signs long-term lease for 15,000 s/f

February 13, 2024
Manhattan, NY OPEN Impact Real Estate (OPEN) said that the West Side Campaign Against Hunger (WSCAH) has signed a 20-year lease for 15,000 s/f of ground floor space at 549 W 180th St. in Washington Heights.
Industry City signs three new  industrial leases totaling 33,496 s/f

Industry City signs three new industrial leases totaling 33,496 s/f

February 13, 2024
Brooklyn, NY Three new industrial deals totaling 33,496 s/f were signed at Industry City, the 35-acre mixed-use complex comprising 16 waterfront buildings in Sunset Park. The new leases include:
Marx signs 24,000 s/f of new office leases and renewals at 10 Grand Central

Marx signs 24,000 s/f of new office leases and renewals at 10 Grand Central

February 13, 2024
Manhattan, NY Marx Realty (MNPP), signed 23,855 s/f in new leases and renewals at 10 Grand Central. “10 Grand Central continues to thrive and reap the benefits of its pioneering hospitality-inspired repositioning strategy,” said Craig Deitelzweig, president
Silverstein Props. signs two new leases at 1177 Avenue of the Americas totaling 47,929 s/f

Silverstein Props. signs two new leases at 1177 Avenue of the Americas totaling 47,929 s/f

February 13, 2024
Manhattan, NY Silverstein Properties negotiated two new leases at 1177 Avenue of the Americas. Mill Point Capital Partners, a private equity firm, has signed a nearly six-year expansion lease on the entire 44th floor of the 47-story tower,
Houlihan Lawrence Commercial sells <br>former Melrose School for $3 million

Houlihan Lawrence Commercial sells
former Melrose School for $3 million

February 13, 2024
Brewster, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of 100 – 120 Federal Hill Rd. in the town of Southeast in Putnam County. The property is the former campus of the Melrose School, which was run by the Community of the Holy Spirit,