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Keeler Markwood Group affiliate secures $15.25 million construction financing for 74 units

Keeler Markwood Group affiliate secures $15.25 million construction financing for 74 units

August 15, 2023
White Plains, NY Chester WP II, LLC, an affiliate of development company Keeler Markwood Group, has secured $15.25 million in ground-up construction financing from First County Bank to develop a four-story, 59,540 s/f residential building
Djurkovic Investment Properties sells 147-54 Ash Ave. for $2.5 million

Djurkovic Investment Properties sells 147-54 Ash Ave. for $2.5 million

August 15, 2023
Queens, NY Djurkovic Investment Properties has completed the $2.5 million sale of 147-54 Ash Ave., a corner development site located in Flushing. Djurkovic Investment Properties worked on behalf of the seller,
The Carlyle Group and Z+G Group acquire 123-unit 8 Marcy Ave. for $97.5 million

The Carlyle Group and Z+G Group acquire 123-unit 8 Marcy Ave. for $97.5 million

August 15, 2023
Brooklyn, NY JLL Capital Markets has closed the $97.5 million sale of 8 Marcy Ave., an eight-story, 123-unit rental building in Williamsburg. JLL represented the seller, Prospect Development, which is led by Joel
Vivian of Largo Hospitality arranges $10.2m financing for 95-room Fairfield Inn & Suites

Vivian of Largo Hospitality arranges $10.2m financing for 95-room Fairfield Inn & Suites

August 15, 2023
Port Wentworth, GA Katie Vivian of the Largo Hospitality Finance Group secured a $10.2 million first mortgage to take out the construction debt on a 95-key Fairfield Inn & Suites. The hotel, situated just off I-95 in, opened in May 2021.
Chelsea Piers Fitness signs 72,000 s/f lease at Tavros and Charney’s 55-story development

Chelsea Piers Fitness signs 72,000 s/f lease at Tavros and Charney’s 55-story development

August 15, 2023
Long Island City, NY Chelsea Piers Fitness (CPF) has signed a long-term lease to anchor a new residential tower at 24-11 Jackson Ave., located at the Court Square submarket. The fitness club will be 72,000 s/f and represents the Chelsea
Ariel Property Advisors: Q2 2023 Multifamily Quarter in Review report

Ariel Property Advisors: Q2 2023 Multifamily Quarter in Review report

August 15, 2023
Manhattan, NY Multifamily real estate in New York City experienced a significant 242% increase in total dollar volume during the second quarter compared to the first quarter with 295 transactions totaling $3.91 billion, according to Ariel Property
Houlihan Lawrence: Westchester County Q2 Commercial Market Report

Houlihan Lawrence: Westchester County Q2 Commercial Market Report

August 15, 2023
Rye Brook, NY The Westchester County commercial market ended the first half of 2023 with mixed results showing continued strength in multifamily developments and solid performance in the industrial/flex market while demand for retail
Transwestern Real Estate Services: Manhattan office market outlook-Q2 2023

Transwestern Real Estate Services: Manhattan office market outlook-Q2 2023

August 15, 2023
Manhattan, NY For the second consecutive quarter, the Manhattan office market posted a record high availability rate, closing the second quarter of 2023 at 19%, up from 18.9% last quarter. However, the quarter was not without some positives,
GFI Realty Services brokers $1.85 million sale of 47 Stanhope St.

GFI Realty Services brokers $1.85 million sale of 47 Stanhope St.

August 15, 2023
Brooklyn, NY GFI Realty Services negotiated the $1.85 million sale of 47 Stanhope St., a multifamily building located in the Bushwick section of the city. GFI associate Moshe Goldberger represented the seller, a local investor,
Brand Groupies names Genest partner/president

Brand Groupies names Genest partner/president

August 15, 2023
Red Bank, NJ Brand Groupies, a female-founded, full-service social media, public relations, personal branding, and podcast management agency for the AEC industry, has promoted Lauren Genest to partner and president.
Rosewood Realty and Collaborative Group NYC sell 230-232 West 72nd St. for $7.5 million

Rosewood Realty and Collaborative Group NYC sell 230-232 West 72nd St. for $7.5 million

August 15, 2023
Manhattan, NY Rosewood Realty Group brokered the sale of a six-story Upper West Side multifamily building for $7.5 million. The building, at 230-232 West 72nd St. between Amsterdam and West End Aves.
Bayport Funding provides $3.06 million acquisition/construction loan

Bayport Funding provides $3.06 million acquisition/construction loan

August 15, 2023
Brooklyn, NY Bayport Funding provided a $3.06 million acquisition and construction loan for 445 5th St., a Park Slope property containing one single-family home that will be converted into two multifamily rentals.
Hudson Gateway Association of Realtors joins FIABCI, Un-Habitat for forum  on “Sustainable Cities and Communities”

Hudson Gateway Association of Realtors joins FIABCI, Un-Habitat for forum on “Sustainable Cities ...

August 15, 2023
Manhattan, NY The Hudson Gateway Association of Realtors, Inc. (HGAR) joined FIABCI, the International Real Estate Federation, UN-Habitat, and other industry colleagues in sponsoring a forum to promote sustainable planning and design at Fordham
Asland and Goldman Sachs close acquisition

Asland and Goldman Sachs close acquisition

August 15, 2023
Manhattan, NY Asland Capital Partners (Asland) joined forces with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) to launch the Asland Sustainable Housing Fund (ASH). They have acquired the Heighliner Portfolio,
Bivona of Victory Capital arranges $10 million refinancing of 50-room hotel

Bivona of Victory Capital arranges $10 million refinancing of 50-room hotel

August 15, 2023
Manhattan, NY Michael Bivona, managing director of Victory Capital, Inc. arranged a $10 million refinancing of a hospitality property on Lexington Ave. The subject property is located in NoMad, a neighborhood bounded by Chelsea.
Tarter Krinsky & Drogin represents client in infringement complaint related to patented scaffolding design

Tarter Krinsky & Drogin represents client in infringement complaint related to patented scaffolding ...

August 15, 2023
Manhattan, NY Tarter Krinsky & Drogin is taking legal action to enforce Urban Umbrellas’ scaffolding design in the city and rights to its unique sidewalk design.
JRT Realty Group names Roman, Luo and Yu as summer interns

JRT Realty Group names Roman, Luo and Yu as summer interns

August 15, 2023
Manhattan, NY JRT Realty Group named three outstanding college students that have joined their annual summer internship program.
Gural and Lapidus of GFP Real Estate lease 11,743 s/f to Acumen Fund at 40 Worth St.

Gural and Lapidus of GFP Real Estate lease 11,743 s/f to Acumen Fund at 40 Worth St.

August 15, 2023
Manhattan, NY GFP Real Estate, LLC said that Acumen Fund, Inc. has signed an 11-year lease extension for its 11,743 s/f of office condominium space at 40 Worth St. in TriBeCa.
Kaufman Investments acquires 875 Avenue  of the Americas for $92.5 million

Kaufman Investments acquires 875 Avenue of the Americas for $92.5 million

August 15, 2023
Manhattan, NY Kaufman Investments, a division under The Kaufman Organization (Kaufman), has announced the acquisition of 875 Avenue of the Americas, a 265,000 s/f, 26-story office building located on 31st St. and 6th Ave., for $92.5
Specify your public relations goals - by Harry Zlokower

Specify your public relations goals - by Harry Zlokower

August 15, 2023
“What are your goals?” is a simple enough question we are asked often, from  personal trainers or financial planners, and, yes, even your public relations advisor. If we have learned nothing else from this, it is that goal setting takes some thought and in the end is what drives the results.