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Slate Property Group and RiseBoro Community Partnership to
convert hotel to housing under HONDA ...
January 16, 2024
Queens, NY Slate Property Group and its non-profit partner RiseBoro Community Partnership completed their acquisition of the former JFK Hilton Hotel, marking a major milestone in converting the first former hotel into permanently affordable housing through New York’s Housing Our Neighbors with Dignity Act (HONDA).
Herold named president of board of directors of Long Island Cares
December 26, 2023
East Meadow, NY David Herold, partner at Certilman Balin Adler & Hyman, LLP, was named president of the board of directors for Long Island Cares
G.S. Wilcox & Co. secures $49 million in financing for portfolio
December 26, 2023
Carlstadt, NJ G.S. Wilcox & Co. has completed $49 million in financing for a four property industrial portfolio. The financing was secured by Gretchen Wilcox, president, and David Fryer, principal, with a 5-year
2023 Year in Review: Donal McIntyre, Wesbuilt Construction Managers
December 26, 2023
What person, project, transaction, or market trend had the greatest impact on your industry this year? We have continued to develop our VDC/BIM process named COLLAB by Wesbuilt. It now incorporates a new feature, the Facilities Asset Model (FAM), a fully immersive digital twin of completed projects with all submittals digitally embedded and linked to each element within the 3D scan of completed spaces.
Metropolitan Realty Associates completes $18 million
refinancing of 81 Spence Street
January 16, 2024
Bayshore, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (“MRA”), MRA has completed the refinancing of 81 Spence St. The refinancing occurred after securing an extended long-term lease with Duro Dyne National Corporation
Investment Property Realty Group close on 219-221 Frost St. for $5.5 million
December 26, 2024
Brooklyn, NY Investment Property Realty Group (IPRG) closed 219-221 Frost St. for $5.5 million. This property is located between Kingsland Ave. and Humboldt St. This property offers 5 apartments, 1 store and a vacant lot. The building is built
Rosewood Realty Group brokers $10.75 million four-building portfolio sale in Williamsburg
January 3, 2024
Brooklyn, NY Rosewood Realty Group negotiated the portfolio sale of four, three-story walk-up buildings in Williamsburg for $10.75 million.
Marcus & Millichap brokers $19.5 million sale of multifamily portfolio
January 3, 2024
Manhattan, NY Marcus & Millichap brokered the sale of three adjacent, mixed-use apartment buildings located at 504-508 E 12th St. The properties sold for $19.5 million and were managed by Joe Koicim, Logan Markley,
Darby Construction Services signs new lease at 630 Ninth Ave.
December 31, 2024
Manhattan, NY Darby Construction Services has signed a new five-and-a-half-year lease for 2,400 s/f on the 9th floor of 630 Ninth Ave., also known as The Film Center Building. Matthew Mandell of GFP Real Estate represented the landlord, GFP Real Estate
Cushman & Wakefield leases 8,424 s/f
December 31, 2024
Manhattan, NY Cushman & Wakefield has arranged a full-floor, 8,424 s/f lease for Capalino at 730 Third Ave. Capalino, New York’s leading urban strategy firm, will occupy the entire 24th floor.
CBRE arranges sale and financing of 200-unit Sutton Landing at Deer Park
December 31, 2024
Deer Park, NY CBRE, led by the joint efforts of the New York Metro institutional sales team led by Jeff Dunne and Eric Apfel and the CBRE senior housing team led by Aron Will, John Sweeny, Scott Bray negotiated the sale of Sutton Landing
JLL represents Phenix Salon Suites as brand leases 23,000 s/f as part of continued global expansion
January 3, 2024
Bronx, NY JLL s arranged three new leases for Phenix Salon Suites. JLL managing director David Townes and vice president Alana Friedman, the exclusive leasing agents for the Encinitas, CA-based
JLL Capital Markets sells 80,678 s/f 788 Riverside Dr for $10.2 million
January 3, 2024
Manhattan, NY JLL Capital Markets negotiated the sale of 788 Riverside Dr., a classic, pre-war, 11-story elevatored apartment building in the Washington Heights neighborhood. JLL represented the seller, the longtime family owners of the
Colacino joins JLL to lead tri-state brokerage
December 31, 2024
Manhattan, NY JLL said that commercial real estate veteran Michael Colacino has joined the firm as president, Tri-State Brokerage. Colacino will be based in Manhattan and will lead corporate brokerage and consulting services
Marcus & Millichap brokers $3.35 million sale of Brooklyn multifamily property
January 3, 2024
Brooklyn, NY Marcus & Millichap sold a multifamily apartment building at 923 Bedford Ave. The property sold for $3.35 million. “This sale represents the continued strengthening demand for free-market
Lendlease celebrates opening of outdoor ice skating rink at Fort Drum Mountain Community Homes
January 2, 2024
Fort Drum, NY Lendlease yesterday celebrated the grand opening of an outdoor ice skating rink that will be a new “winter wonderland” amenity for service members and their families living in the Monument Ridge housing area at Fort Drum
Thor Equities welcomes newest life science tenant to 95 Greene St.
January 2, 2024
Jersey City, NJ JLL arranged a long-term lease for RegenLab USA at 95 Greene St., the new lab-ready life sciences property developed by Thor Equities Group.
Vanbarton Group launches leasing for Pearl House - office-to-residential conversion project designed...
December 26, 2023
Manhattan, NY Vanbarton Group, a privately owned, vertically integrated real estate development, investment and advisory firm, unveiled the leasing launch for Pearl House, a transformative residential project in the Seaport district. This development represents the largest office-to-residential conversion
Halcyon Management unveils 60,000 s/f of amenities
at 60 Wharf Drive - designed by Peter McGinle...
December 26, 2023
Brooklyn, NY 60 Wharf Drive, the new 40-story tower located within the seven-acre West Wharf complex at the border of Greenpoint and Williamsburg, has opened the Harbor House, a private resident club curated by award-winning hospitality designer Peter McGinley. Comprising more than 60,000 s/f of spa, exercise, entertainment, and business amenities on four floors