Riverhead, NY Bradford Allen Hospitality has acquired two adjacent hotel properties on Long Island, a 131-suite Residence Inn by Marriott located at 2012 Old Country Rd. and a 114-key Hilton Garden Inn at 2038 Old Country Rd.
Buffalo, NY Ciminelli Real Estate Corp. reached a milestone in the real estate ?rm’s growth. President and CEO Paul Ciminelli named his son Kyle as president of the company. Formerly executive vice, Kyle will continue to work
Manhattan, NY Rose Associates, Inc. has appointed two new managing directors. Roseann Coraci has been promoted to managing director of multifamily and Christopher Blackman has been hired as managing director of information technology. An industry veteran with nearly two decades of property management experience
Lackawanna, NY Recently completed and tenant ready, Uniland Development Company’s second spec industrial warehouse facility at Renaissance Commerce Park has announced its first tenant will be KPM Exceptional LLC (KPM) headquartered in
Brooklyn, NY L+M Development Partners and Services for the UnderServed (S:US) have closed on a $78 million deal to develop Marcus Garvey Extension Phase 2 Building G in the Brownsville neighborhood. The project will feature 109 units, 55 of which will be supportive housing
Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (RAC NYSCAR) has named two new board directors for 2024: Adam Rooney, Benchmark Realty Advisors, LLC, and Laura West, Coldwell Banker Commercial
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).
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
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.
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
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
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,
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
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.
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
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
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