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JRM Construction and Young Projects design
36,000 s/f office space for Galaxy Digital
September 26, 2023
Manhattan, NY JRM Construction Management has completed Galaxy Digital’s office space in Battery Park City. The project, designed by Young Projects, breaks away from the corporate mold and infuses the space with a personality that reflects the unique culture of Galaxy Digital, a leader in digital asset and blockchain technologies.
Romer Debbas represents Arbor Commercial in $45 million Fannie Mae loan
September 12, 2023
Stone Mountain, GA Romer Debbas LLP’s Agency Lending & Affordable Housing group represented Arbor Commercial Funding I, LLC (“Arbor”), in the closing of a $45 million Fannie Mae DUS Conventional refinance loan secured by a housing project. The property was built in the 1970s and fully renovated in 2019. The sponsor purchased the subject property completely vacant in 2012 and completed a full multi-phase
Nowak joins Certilman Balin Adler & Hyman's commercial lending group
September 12, 2023
East Meadow, NY Jessica Nowak has joined Certilman Balin Adler & Hyman, LLP as an associate in the commercial lending and banking group
Neuman Commercial Group arranges sale of 70,000+s/f grocery anchored shopping center
September 12, 2023
Coatesville, PA Neuman Commercial Group, LLC, has arranged the sale of Airport Village, a 70,500 s/f grocery and drugstore anchored neighborhood retail center
Goldflam and Mishaan of Highcap Group complete $11.5 million sale 5105-5111 5th Ave.
September 12, 2023
Brooklyn, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, along with broker Zach Mishaan, have arranged the sale of 5105-5111 5th Ave. for $11.5 million. The seller of the property was the Mitrani family who owned and operated the business on site for nearly 5 decades, and owned the building for 20 years. The buyer is the Dweck family
REC4Success launches comprehensive on-demand education platform - REC4Success.com
September 12, 2023
Manhattan, NY With a commitment to elevating the professional standards of the real estate industry and its agents, on-demand real estate education platform Real Estate Center 4 Success(REC4Success) announced the official launch of its website REC4Success.com, as well as their very own
IREON hosts Farewell to Summer Meet and Mingle event
September 12, 2023
Port Washington, NY IREON members, new and old joined together to bond friendships while creating new business opportunities on Wednesday, September 13th from 5-8 pm for their Farewell to Summer Meet and Mingle event held at Louie's on the waterfront
CaringKind presents Caring to Remember event
September 12, 2023
The leading expert in Alzheimer’s and dementia, CaringKind, will present “Caring to Remember,” on Wednesday, September 20, 2023, at 5:30pm at the Tribeca 360, 10 Desbrosses St. The nonprofit will be partnering with the Alzheimer's Association and US Against Alzheimer's for this important initiative
CIBS hosts "Meet the Candidates" breakfast featuring Suffolk County executive candidates Romaine and...
September 12, 2023
Melville, NY The Commercial and Industrial Brokers Society of Long Island (CIBS) recently hosted a "Meet the Candidates" breakfast. The discussion provided an opportunity for CIBS members and representatives of Long Island’s business
A New Era of Operational Excellence for Multifamily - by Marc Hershberg
September 12, 2023
The multifamily industry grew massively over the last decade–total transaction volumes were up 250% from 2012 to 2018, the biggest year on record. For many individual property types, 2020 or 2021 were their best years yet
LH Charney completes 27,000+ s/f of new office leases at 1410 Broadway
September 12, 2023
Manhattan, NY LH Charney has completed over 27,000 s/f of new office leases at 1410 Broadway. The new deals include a new 12,350 bs/f expansion with sportswear firm 32o, which will now occupy 37,350 total s/f in the building, along shoe designer
CORENET NYC announces 2023 annual corporate real estate awards for excellence finalists
September 12, 2023
The CoreNet Global New York City Chapter (CoreNet NYC) announced the finalists of its annual 2023 corporate real estate awards for excellence. The winners will be announced at the Annual REmmy’s Gala event that will take place on Thursday, October 19, 2023 at Casa Cipriani
Commercial Classroom: 1031 tax deferred exchanges part 2 - by Edward Smith
September 12, 2023
The sale of real estate held for more than 12 months triggers Capital Gains taxes on the Net Profits of that sale. These taxes may be deferred by participating in a 1031 Tax Exchange, in essence, by purchasing property(s) to replace the one(s) being sold. However, there are stringent rules and timetables that must be complied with. This applies to the sale of commercial or investment property, but not your personal residence
REI at SBU College of Business hosts joint panel event on "Reimagining the Modern Office Space"
September 12, 2023
Farmingdale, NY The Real Estate Institute (REI) at Stony Brook University (SBU) College of Business will hold a joint panel event on October 20th, 2023. The Fall Luncheon, titled "Reimagining the Modern Office Space," promises an exploration of the evolving landscape of work environments.
Aurora Capital Associates & Midtown Equities collaborate with Newmark to secure a $90 million refina...
September 12, 2023
Brooklyn, NY On behalf of a Joint Venture led by Aurora Capital Associates, Midtown Equities and ACHS Management (collectively the “Sponsorship” or “Sponsor”), Newmark successfully arranged the $90 million refinancing for 240
MBA of NY scholarship foundation 2023 scholarship recipients announced
August 29, 2023
The Mortgage Bankers Association of New York Scholarship Foundation (the “Foundation”) has awarded seven scholarships for the Fall 2023 Semester
Hach of Refined facilitates an $8.4 million senior participation
August 29, 2023
Brooklyn, NY Joe Hach, partner at Refined, has successfully arranged a senior participation of $8.4 million
DIGroup Architecture is honored at inaugural Empowering Women 2023 Awards
August 29, 2023
strong>Somerset, NJ DIGroup Architecture (DIG) recently joined more than 50 companies, organizations and individuals being celebrated at the Inaugural Empowering Women 2023 Awards. The flagship event was held at the Doubletree by Hilton Somerset to recognize those
Katz & Associates represents 85°C Bakery Cafe in expansion
August 29, 2023
Englewood, NJ 85°C Bakery Cafe, with more than 1,000 stores worldwide, is setting its sights on the U.S. East Coast. The Taiwanese bakery cafe has retained Katz & Associates for a U.S. East Coast expansion. Katz’s Amy Staats is representing 85°C Bakery
Standard Communities leads public private partnership acquiring 100% affordable community in Hawaii
August 29, 2023
Honolulu, HI Standard Communities, a major national affordable housing investor and developer, has led a public-private partnership with the State of Hawaii, United States Department of Housing and Urban Development (HUD), Honolulu-based Stanford Carr Development