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Cushman & Wakefield arranges $14 million sale of The Calhoun School
August 15, 2023
Manhattan, NY Cushman & Wakefield has arranged the sale of The Calhoun School’s Lower School building. The 16,267± s/f above grade educational facility is located at 160 West 74th St. in thr Broadway corridor of Manhattan
White Plains mayor Roach and local officials cut ribbon on 303 unit The Halden
August 15, 2023
White Plains, NY Mayor Tom Roach joined The NRP Group, and RPW Group, for a ribbon cutting ceremony to celebrate the grand opening of The Halden, a new community of 303 apartment homes.
Birchwood Commons contracts Mid Hudson Construction Management to construct Lagrange multifamily dev...
August 15, 2023
Poughkeepsie, NY Birchwood Commons, Lagrange’s newest multifamily development, with contractors Mid Hudson Construction Management (MHCM), announced the beginning of leasing efforts. Named as a nod to the property’s surrounding grove of birch trees, Birchwood Commons’ four buildings – the Jackson, Hudson, Taconic, and Admiral — each host five two-story walkup apartments, each containing
Aurora Capital and William Gottlieb R.E. start leasing at 111 Charles
August 15, 2023
Manhattan, NY Aurora Capital Associates in partnership with William Gottlieb Real Estate, announced the launch of leasing at its rental property, 111 Charles. Situated in Greenwich Village Historic District
Lightstone Capital names Lyons head of origination for the Southeast and Central regions
July 25, 2023
Manhattan, NY Lightstone said that Brad Lyons has joined Lightstone Capital, a real estate debt platform that provides sponsors with flexible, creative and immediate financing solutions. Lyons will serve as head of origination for the Southeast & Central regions.
CoreNet NYC Women’s Leadership Committee hosts event at Steelcase Showroom
August 15, 2023
Manhattan, NY The CoreNet Global New York City Chapter (CoreNet NYC) said that the organization hosted its Annual Women’s Leadership Summer Networking event on Tuesday, August 8 from 5:30 - 8:00 PM at the exclusive Steelcase Showroom. The event consisted of a networking and cocktail reception and was attended by over 100 leading professionals
1st Annual CIBS W Nine and Dine Golf Outing
July 25, 2023
Smithtown, NY On Tuesday, September 26th, CIBS W's 1st Women’s Annual 9 & Dine Golf Outing will take place at Stonebridge Golf & Country Club. A portion of the proceeds will benefit Pink Cans 4 Cancer. For more information
Spectorgroup welcomes three new hires
July 25, 2023
Leading global architecture and interior design firm Spectorgroup is thrilled to announce the addition of three new hires to its New York team. The new team members bring a wealth of knowledge to the firm, further strengthening Spectorgroup's ability to deliver thoughtful, research-based design strategies to its clients
Wells Fargo’s CLI group closed $780.3 million in financing for five affordable housing projects
July 25, 2023
Wells Fargo’s Community Lending and Investment (CLI) group has closed on $780.3 million in financing for five New York City-area affordable housing projects. CLI provided a total of $250.6 million in debt and equity financing to Gilbane Development Company, The Hudson Companies and MHANY Management for Peninsula Phase 2, the second phase of the redevelopment of the former Spofford Juvenile Detention Facility
GFI Realty Services advises on the $115 million sale of 440-unit garden apartment complex
July 25, 2023
strong>Plainsboro, NJ GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Dr. The GFI team of Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser advised the buyer, Colony Hills Capital, in this transaction. The seller is KRE, a Jersey City based real estate investment, development, and property management
Tenerity Inc. relocating to Clarion Partners’ Merritt 7
July 25, 2023
Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating
Rockabill Consulting secures $89 million for Catholic Homes New York
to build new affordable and s...
July 25, 2023
Bronx, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $89 million on behalf of Catholic Homes New York, a division within Catholic Charities of the Archdiocese
X-Caliber releases whitepaper on office and hotel conversions into multifamily
July 25, 2023
Irvington, NY X-Caliber, a national, direct commercial real estate lender focused on impact lending, has released a whitepaper on the office and hotel -to-multifamily conversion trend in wake of low occupancies and some struggling properties
Hach of Refined arranges two commercial mortgages
July 25, 2023
Brooklyn, NY Joe Hach, partner at Refined, recently arranged two commercial mortgages. The first transaction, a $10.5 million bridge loan, was collateralized by two rent-stabilized multifamily properties
Calnan of J. Calnan & Associates honored as EY Entrepreneur Of The Year 2023
July 25, 2023
Quincy, MA Jay Calnan, CEO of J. Calnan & Associates (JC&A), has been named the EY Entrepreneur of the Year for 2023. The independent panel of judges recognized Calnan's exceptional entrepreneurial spirit, long-term value creation, purpose-driven approach, remarkable growth, and significant impact in his field
Brisa Builders Development LLC and Glenmore Managers LLC get the green light to start construction o...
July 25, 2023
Brooklyn, NY Residents and business owners of Brownsville gathered together with Glenmore Manor Managers LLC to celebrate the groundbreaking ceremony for the construction of Glenmore Manor. Brisa Builders Development (BBD) is the leader of the joint venture entity Glenmore Manor Managers LLC. Composed of BBD, African American Planning Commission Inc., and Lemle & Wolff Companies, Glenmore Manor
JRM Construction completes Pastrami Queen build out
July 25, 2023
Manhattan, NY JRM Construction has recently completed the build out of food outpost Pastrami Queen. Often featured in Best Of lists, much success is anticipated for Pastrami Queen’s third location. The new location is located in Moynihan Train Hall, which has recently undergone a number of significant renovations. JRM has also completed a number of other hospitality location build outs for the train hall
Lapidos joins Aria Development as head of asset management
July 25, 2023
Aria Development Group, a leading real estate investment and development firm, announced that Rick Lapidos has recently joined as managing director, head of Asset Management. Lapidos will be responsible for overseeing Aria’s asset management program to optimize the financial performance of properties across multiple states, working closely with internal and external stakeholders. Before joining Aria, Lapidos held several asset management leadership positions with Taconic Partners