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Reynolds Asset Management’s planned redevelopment of Princeton Pike Office Park receives green li...
December 12, 2023
Lawrence, NJ In a collaborative effort to revitalize Princeton Pike Office Park the town council and town planning board have adopted the 3131 Prince Pike redevelopment plan prepared by the township and lead by Reynolds Asset Management
Apogee has official opening of the Penn Station Main Entrance featuring its interior lighting struct...
December 12, 2023
Manhattan, NY Apogee Lighting, a leading manufacturer of illuminated ceilings and lighting systems for transit systems and infrastructure had the official opening of the Penn Station Main Entrance at 32rd St. and 7th Ave. featuring its interior
Dottid named MRI Softwares New Partner of the Year
December 12, 2023
Dallas, TX Dottid, the leading proptech company revolutionizing the commercial real estate (CRE) industry for asset managers and brokers, was named New Partner of the Year by MRI Software, a global leader in real estate software solutions. The New Partner of the Year award is part
JRM Construction completes headquarters for Rémy Cointreau
December 12, 2023
Manhattan, NY JRM Construction Management has completed a project for Rémy Cointreau, a leading international premium spirits distributor. Their new headquarters, spanning 29,850 s/f
Retail by MONA appointed as agent for Ridge Hill
December 12, 2023
Yonkers, NY Retail by MONA, a retail leasing and advisory firm, has been hired as agent to create Ridge Hill’s ‘Restaurant Row’ as part of the center’s forthcoming redevelopment. Ridge Hill is soon to be a mixed-use destination serving the northern
Manhattan office building average visitation rate reaches 70% of pre-pandemic levels
December 12, 2023
The Real Estate Board of New York (REBNY) released an analysis of October 2023 Placer.ai location data in 350 Manhattan office buildings. This report continues REBNY’s efforts to provide policymakers
WCRE appoints Grad to lead New York expansion
December 12, 2023
Marlton, NJ Wolf Commercial Real Estate (WCRE | CORFAC International) a leading provider of commercial real estate services, marks its 12th year by completing a strategic expansion
Kassin Sabbagh Realty expands retail leasing division with three new hires
December 12, 2023
Manhattan, NY Kassin Sabbagh Realty (KSR) has grown its retail leasing division with the addition of industry leaders Barry Fishbach, Brandon Berger, and Zach Nathan.
Stavsky of Stav Equities closes on $1.95 million sale of a development site
December 12, 2023
The development site was sold with a 35 year 421A tax abatement and approved plans to build an 8 story multifamily building totaling 19 apartments encompassing 18,000 s/f. The units will
Hoffmann serving on Go Red for Women Executive Leadership Team
December 12, 2023
East Meadow, NY Kenneth Hoffmann, partner in the Banking and Commercial Lending Practice Groups at Certilman Balin Adler & Hyman, LLP, is currently serving on the 2024 American Heart Association’s Go Red for Women Executive Leadership Team
JRM Construction Management delivers exceptional transformation for All Saints
December 12, 2023
Manhattan, NY JRM Construction Management has completed All Saints located at 402 W 13th St. - spanning 1,900 s/f. Collaborating closely with All Saints, JRM completed a comprehensive overhaul, including the installation of engineered
Commercial Classroom: The Shoplifting Epidemic - by Ed Smith
December 12, 2023
For the most part retail survived (with some major hits) the pandemic. But, now according to the National Retail Foundation, US retailers are closing stores, cutting operating hours and changing product selections due to an increase in crime. In the industry the loss of revenue
M&T Realty Capital Corporation provides $10.5 million loan for newly built multifamily
December 12, 2023
Bronx, NY M&T Realty Capital Corp. has provided a $10.5 million permanent loan for the refinance of 2321 Belmont Ave., a 42-unit, newly stabilized multifamily rental property
Logistics Property Company signs 845,618 s/f lease at Frederickson ONE Logistics Park
December 12, 2023
Frederickson, WA Logistics Property Company, LLC (LPC) has executed two full building leases totaling 845,618 s/f at LPC’s Frederickson ONE Logistics Park, Building 4 (533,393 s/f) and Building 7 (312,225 s/f). Frederickson ONE is now fully leased.
Tower Capital promotes Maravilla to partner
December 12, 2023
Scottsdale, AZ Tower Capital has promoted George Maravilla to partner from senior vice president. Maravilla, who joined the firm in 2018, has established himself as a key member leading the firm’s Equity and Development platform and has spearheaded the rapid growth of Tower
Suffolk IDA preliminarily approves investment for Enclave Southold LLC
December 12, 2023
Southold, NY The Suffolk County Industrial Development Agency (SCIDA) has preliminarily approved a transaction to assist Enclave Southold, LLC to construct a full-service hotel located at 56655 Main St. With the SCIDA’s support, Enclave will renovate a historic 3,764 s/f home
B2K Development and Harrison Street sell 225-unit Sutton Landing at Mount Sinai to Fairfield Propert...
December 12, 2023
Mount Sinai, NY Representatives of CBRE, led by the joint efforts of the N.Y. metro institutional sales team led by Jeff Dunne and Eric Apfel and the CBRE senior housing team led by Aron Will, John Sweeny, and Scott Bray negotiated the sale of Sutton Landing at Mount Sinai
Nassau IDA approves transaction
for 60-unit apartment building
December 12, 2023
Great Neck, NY The Nassau County Industrial Development Agency (IDA) has approved a transaction for Gesher Center LLC to construct and equip a new four-story, 88,000 s/f apartment building at 733-741 Middle Neck Rd. and 6-8 North Rd.
Suffolk IDA preliminarily approves investment for 45 Oser Ave. project
December 12, 2023
Hauppauge, NY The Suffolk County Industrial Development Agency (SCIDA) has preliminarily approved a transaction to assist B9 Oser Owner, LLC in constructing a new warehouse and distribution building at 45 Oser Ave. for its tenant, Max Finkelstein Inc,. a subsidiary of U.S. Autoforce, which is a division of U.S. Ventures, Inc.
Lightcap joins Douglas Elliman Real Estate, Commercial Division
December 12, 2023
Smithtown, NY Mike Lightcap joined Douglas Elliman Real Estate’s Long Island commercial division as a licensed real estate salesperson. A former agent for New York Commercial Real Estate, Lightcap has knowledge of the commercial real estate market across Long Island