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Short Term Capital finances $4.5 million acquisition loan
September 11, 2023
Manhattan, NY Short Term Capital has funded a $4.5 million one-year, interest-only acquisition loan secured by a five-story Midtown office building. The 13,000 s/f building with ground floor retail at 150 W 36th St., is located
Westchester County’s Local Development Corp. votes approval of $195 million bond for 162,626 s/f P...
September 12, 2023
Valhalla, NY The Westchester County’s Local Development Corp. (LDC) voted on final approval of $195 million in tax-exempt bond financing for the development of a new 162,626 s/f Patient Care Tower on the campus of Westchester Medical Center.
Colliers hospitality practice group adds Johnson as analyst
September 12, 2023
Manhattan, NY Colliers has hired Marc Johnson as an analyst to join the firm’s hospitality practice group. In his new role, Johnson will work alongside group leader Mark Owens, who is one of the foremost experts in the sector, to help
Yahn, Brooks and Organ of Cushman & Wakefield represent Hyundai Motor America in $22.5 million acqui...
September 12, 2023
Manhattan, NY Cushman & Wakefield advised Hyundai Motor America (HMA) in the acquisition of a boutique commercial building located at 500 West 14th St. in the Meatpacking District. The multinational automotive company acquired the three-story building
Improve your commercial real estate marketing using data - by Kimberly Zar Bloorian
September 12, 2023
In times of market uncertainty, data-driven decision-making isn’t just a luxury—it’s a necessity. By leveraging data analytics, you can uncover market trends, measure campaign efficacy, and confidently make strategic choices for your commercial real estate business. As you
Gural and Lapidus of GFP Real Estate broker 11,743 s/f lease at 40 Worth St.
September 12, 2023
Manhattan, NY GFP Real Estate, LLC said that Acumen Fund, Inc., a non-profit impact investment organization, has signed an 11-year lease extension for its 11,743 s/f of office condominium space at 40 Worth St. in TriBeCa.
MKDA founder, Kleinberg, passes away at age 97
September 12, 2023
Manhattan, NY Architecture and interior design firm MKDA said that Milo Kleinberg, the firm’s founder, has passed away at the age of 97. The firm’s partners Michael and Jeffrey Kleinberg issued the following statement: “We are deeply saddened
Houlihan Lawrence Commercial leases
12,600 s/f at 270 North Ave.
September 12, 2023
New Rochelle, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has brokered the lease of 12,600 s/f of office space located at 270 North Ave. The landlord was represented by Mike Rackenberg, associate broker, with Houlihan Lawrence Commercial
Peck, Goldstein, Lupo and Hinckley of JLL arrange $233m in construction financing for 569-unit multi...
September 12, 2023
Brooklyn, NY JLL Capital Markets has secured $233 million in construction financing for the ground-up development of 54 Crown, a 569-unit multi-housing development located at 54 Crown St., in Crown Heights.
Upcoming NYSCAR professional development classes via Zoom
September 12, 2023
Albany, Ny Sept. 19, 2023 – Legal Update, Anthony Gatto, Esq. (one hour) (fulfills the NYS licensing requirement for one hour of legal issues).
National Association of Realtors in Anaheim November 14-16 for NAR NXT, The Realtor Experience
September 12, 2023
Anaheim, CA NAR NXT combines the power of industry-leading speakers, expert education, and networking opportunities with 15,000+ attendees at the Anaheim Convention Center for the year’s premier real estate conference.
NYSCAR annual meeting to be held Oct. 2 at Turning Stone Resort and Casino
September 12, 2023
Verona, NY The NYSCAR Annual Meeting will be held October 2nd, 10:00 a.m. at the Turning Stone Resort and Casino. The nominating committee has recommended the following members to serve as officers and governors of the association:
September 2023 message from the president of NYSCAR - by Robert Strell
September 12, 2023
NYSCAR just concluded Ed Smith’s CIREC course which ran August 17 – September 1. The 22.5 hour program covers “Working with Office, Retail and Industrial Buildings, Leases and Green Concepts, Working with Investment Properties, Financial Analysis, Taxes and Exchanges; Discrimination
Empire Commercial Construction builds 3,386 s/f Great American Diner
September 12, 2023
Greece, NY Empire Commercial Construction completed their construction contract for the Great American Diner. In partnership with KF Architects and Torchia Structural Engineering & Design, PC, Empire renovated the 3,386 s/f former Happy Days On The Go restaurant space located at 850
Network Title Agency of New York promotes Young to president
September 12, 2023
Buffalo, NY Network Title Agency (NTA) of New York has a promoted Jeni Young to president effective immediately. Young was previously general manager. According to Peter Hunt, chairman and CEO of HUNT Real Estate Corp. and principal owner of NTA
Rochester’s Cornerstone Group recognized
September 12, 2023
Rochester, NY Rochester Business Journal has selected Rochester’s Cornerstone Group, Ltd. to receive a 2023 Leaders in Construction Award. This year’s recipients will be honored Oct. 23.
Licata of Rand Commercial sells 52 room
Table Rock for $11 million
September 12, 2023
Sloatsburg, NY Rand Commercial brokered the $11 million sale of 150 Sister Servants Ln., known as Table Rock. The 40,525 s/f estate was built in 1902 for the great-grandson of Alexander Hamilton.
Vanguard-Fine negotiates 14 sale and lease transactions
September 12, 2023
Albany, NY Vanguard-Fine, LLC brokered 14 sales and leases. • Kenneth Brownell and Steven Lerner of Vanguard-Fine and Jessica Curtis of CBRE-Stamford brokered the 15-year lease between RCSH Operations, LLC
Cushman & Wakefield/Pyramid Brokerage Company negotiates nine sales totaling $7.45 million
September 12, 2023
Syracuse, NY Cushman & Wakefield/Pyramid Brokerage Company has negotiated nine CRE sales. • Joyce Mawhinney MacKnight from Cushman & Wakefield/Pyramid Brokerage Co. sold a 14,222 s/f church building on 14.11 acres at 5833 E. Seneca
SRS Real Estate Partners completes $9m sale
of 895,000 s/f Great Northern Mall
September 12, 2023
Clay, NY SRS Real Estate Partners has completed the $9 million off-market sale of Great Northern Mall located at 4155 State Hwy. 31. The shuttered 895,000 s/f property is situated on 120 acres and is slated for a major mixed-use town center redevelopment to encompass hundreds
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