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Bristol Group nearing completion of 178,134 s/f speculative warehouse within the Long Island Innovat...
June 13, 2023
Commack, NY Bristol Group, Inc. said that the construction of its 178,134 s/f speculative warehouse development located at 49 Mall Dr. is nearing completion. The 10.75-acre property is located within the Long Island Innovation Park at Hauppauge and is less than one mile from Long Island Expwy.
Hempstead Industrial Development Agency reauthorizes incentives package for developer of $212 milli...
June 13, 2023
Hempstead, NY Frederick Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said that the agency has reauthorized an economic incentives package for a developer planning to construct a transit-oriented apartment/retail complex on a well-known,
NYSERDA makes $10 million available for carbon neutral community economic development projects
June 13, 2023
Albany, NY The New York State Energy Research and Development Authority (NYSERDA) has made $10 million available under the fifth round of the Carbon Neutral Community Economic Development Program as part of Round XIII of governor Kathy Hochul’s Regional
Cushman & Wakefield arranges 41,854 s/f sublease at 195 Bdwy.
June 13, 2023
Manhattan, NY Cushman & Wakefield has arranged a 41,854 s/f sublease for a new digital media company at 195 Brdwy. in the Financial District. The digital news startup company will occupy space on the 26th floor.
Denham Wolf leases 7,815 s/f to National Academy of Design
June 13, 2023
Manhattan, NY The National Academy of Design (National Academy) signed its new 7,815 s/f office and gallery space at 519 W 26th St. in Chelsea. Founded in 1825, National Academy is the oldest artist-run organization in the U.S. and a leading honorary
McCabe joins Forchelli Deegan Terrana as partner in construction group practice
June 13, 2023
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomes Bret McCabe to the firm’s construction practice group as a partner. Prior to joining FDT, McCabe served as general counsel of Fleet Financial Group, Inc. He
Moritt Hock & Hamroff bolsters its M&A and tax practice areas
June 13, 2023
Garden City, NY Moritt Hock & Hamroff added three attorneys to its New York City and Garden City offices, illustrating the firm’s continued expansion and growth. The move bolsters its M&A and tax practice areas with Michael Kaufman joining as a partner
The Feil Organization signs 34,484 s/f lease with grocer Lidl at Glen Oaks Shopping Center
June 13, 2023
Queens, NY The Feil Organization signed a 34,484 s/f lease with supermarket chain Lidl at the Glen Oaks Shopping Center. “We’re excited to welcome Lidl into our premier retail tenant roster,” said Randall Briskin, vice president of leasing at
Rudin inks two new leases at 355 Lexington Ave. - 22,843 s/f
June 13, 2023
Manhattan, NY Rudin completed two new leases totaling 22,843 s/f at 355 Lexington Ave., its boutique office tower in Midtown’s Grand Central district. ADCO Electrical Corp., an electrical contractor, finalized a 10-year lease renewal
Nassau County Industrial Development Agency approves transaction with RG Crossways Owner, LLC to dev...
June 13, 2023
Woodbury, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for RG Crossways Owner, LLC for the development of an approximately 150,000 s/f warehouse facility, complete with 43 loading docks, 23 trailer storage spaces, 124 parking
Suffolk County Industrial Development Agency preliminarily approves investment for EB at Commack LLC...
June 13, 2023
Commack, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist EB at Commack LLC for the construction of a 133,736 s/f senior rental complex located at 74 Hauppauge Rd. The approximately $57.7 million project will
Yonkers Housing Authority partnership with Westhab will help preserve affordable housing in Yonkers
June 13, 2023
Yonkers, NY Low-income residents will be able to stay in their affordable housing units thanks to a new partnership between The Yonkers Housing Authority (YHA) and Westhab. Last year, YHA formed a partnership with Westhab to provide rental subsidies to residents
OPEN Impact Real Estate leases 29,566 s/f
to Rising Ground at 1333 Broadway
June 13, 2023
Manhattan, NY OPEN Impact Real Estate LLC (OPEN) said that their firm represented Rising Ground in a 29,566 s/f lease at 1333 Broadway for the nonprofit’s new headquarters. The lease marks the first time in 132 years that the nearly 200-year-old social
Hudson Gateway Association of Realtors, OneKey MLS and TitleVest host virtual panel featuring Barron...
June 13, 2023
White Plains, NY The Hudson Gateway Association of Realtors, Inc. (HGAR), OneKey MLS and TitleVest hosted a virtual panel featuring real estate industry leaders who discussed New York’s ever-evolving public space streetscapes, skylines and neighborhoods.
Resolution Real Estate Partners brings two tenants to 251 West 30th St.
June 13, 2023
Manhattan, NY Barry Bernstein, executive director/leasing, and Michael Adler, director/leasing, Resolution Real Estate Partners LLC, arranged leases for two new tenants at 251 West 30th St., a mixed-use building in the Penn Plaza district. Bernstein
Bayport Funding provides $4.7 million acquisition and construction loan
June 13, 2023
Manhattan, NY Bayport Funding has provided a $4.7 million acquisition and construction loan for the ground-up construction of 76 West 105th St. The six-story property, developed by Moonshot Development, will span nearly 7,000 s/f across two triplex
Standard Communities awarded B Corporation certification
June 13, 2023
New York, NY Standard Communities, a major national affordable housing developer and investor, has been certified as a B Corporation following a rigorous review of the impact of its business model and operations on staff, stakeholders, communities and the
Short Term Capital finances two Brooklyn multifamily loans
June 13, 2023
Brooklyn, NY Short Term Capital funded a $2.8 million acquisition and renovation loan secured by a six-unit multifamily building located in the Ditmas Park neighborhood. The property, at 624 E 17th St., is 6,300 s/f on a 4,000 s/f lot.
Executive of the Month: Former Manhattan DOB commissioner Rebholz joins forces with Rizzo-Brookbridg...
June 13, 2023
Manhattan, NY One of the New York skyline’s least known success stories is the precise and demanding work of building code compliance professionals. It’s their diligence and expertise that takes the value of a project from $0 to millions even billions of
FilBen Group, RSF Partners, McAlpine Contracting and H2M Architects + Engineers celebrate “first f...
June 13, 2023
Montebello, NY Owner/developer FilBen Group, equity partner RSF Partners, general contractor McAlpine Contracting, and designer H2M Architects + Engineers celebrated the “first floor rising” event, which marked completion of foundations and the