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Markus joins Siebert Williams Shank as a senior advisor and managing director
April 11, 2023
Manhattan, NY Siebert Williams Shank & Co. (SWS) has hired Marvin Markus, a financial industry veteran whose decades of experience will further strengthen and expand the capabilities of the firm’s infrastructure division.
Fordham Real Estate Institute names Whelan of REBNY to Executive Advisory Council
April 11, 2023
Manhattan, NY The Fordham Real Estate Institute (REI) has named James Whelan, president of the Real Estate Board of New York (REBNY), to its Executive Advisory Council (EAC) of real estate industry and business leaders.
Marx Realty signs Lewis Baach and MetroWall at 10 Grand Central
April 11, 2023
Manhattan, NY According to Marx Realty (MNPP), Lewis Baach and MetroWall have signed long-term leases totaling 11,000 s/f at 10 Grand Central. Law firm Lewis Baach is relocating from the Chrysler Building and signed a 10-year, 7,000 s/f lease on the tower’s 25th floor.
Cornerstone Land Abstract partnering with CondoTek
April 11, 2023
Manhattan, NY Cornerstone Land Abstract is partnering up with CondoTek as one of its preferred title insurance providers within CondoTek’s new title portal. CondoTek leverages unique expertise in technology and real estate to enhance the lending and closing process in
Sher of Katz and Roseman and Leber of Newmark lease 2,200 s/f to 7-Eleven at Herald Sq.
April 11, 2023
Manhattan, NY 7-Eleven is coming to Herald Sq. The new 2,200 s/f store will be located at 128 W 34th St. It’s slated to open in late summer 2023. Katz & Associates’ Scott Sher represented 7-Eleven franchisees Paul Kandhari and Jag Rajpal in the 15-year lease
Kith leases 7,120 s/f at Rubenstein’s 25 Kent
April 11, 2023
Brooklyn, NY Rubenstein Partners’ 25 Kent signed a 12-year, 7,120 s/f lease with fashion and lifestyle brand, Kith at 25 Kent Ave. in Williamsburg. “Kith as a brand embodies the nature of Brooklyn’s ever-growing creative community and fits in
Rockabill Development and Goddard Riverside secure $38 million to build permanent supportive housing...
April 11, 2023
Manhattan, NY Rockabill Development and Goddard Riverside have closed on $38 million in financing to transform an illegal transient hotel on the Upper West Side into permanent supportive housing to serve single adults with a history of chronic homelessness.
Lilker Associates Consulting Engineers names Chan, Medovaya, and Trovato as associate principals
April 11, 2023
Manhattan, NY Lilker Associates Consulting Engineers, P.C. has promoted Eric Chan, PE, Jenny Medovaya, PE, and Robert Trovato, PE, LEED AP, to associate principal. Chan, associate director of institutional projects, has focused on electrical design and power distribution
Walker & Dunlop arranges debt and equity for $146 million logistics facility
April 11, 2023
Queens, NY Walker & Dunlop, Capital Markets arranged a $94 million construction financing and $49 million in equity placement to facilitate the development of Wildflower Ltd.’s $146 million College Point Logistics Center, a class A logistics warehouse development located
Riney, Salvatico, and Ferman of Marcus & Millichap arrange sale of 150 Lawrence St. for $22.5 millio...
April 11, 2023
Brooklyn, NY Marcus & Millichap brokered the sale of 150 Lawrence St., a 19,437 s/f mixed-use building on a 64.08 ft. by 100 ft. lot with 71,990 s/f of air rights. The asset sold for $22.5 million.
Tannor and Gerstein of Lee Assocs. and Skulnik and Zegans of Ripco lease 2,500 s/f retail at 32 Howa...
April 11, 2023
Manhattan, NY KPG Funds (KPG) and Intercontinental Real Estate Corp. (Intercontinental) have leased retail space at 32 Howard St. (a.k.a Howard x Crosby) to Schott NYC. Plans for the retail store include a gut renovation and upgrade from their existing NYC location on Elizabeth St.
Mandell of GFP Real Estate signs eight leases totaling 13,291 s/f at 209 West 38th St.
April 11, 2023
Manhattan, NY GFP Real Estate, LLC has signed eight lease transactions totaling 13,291 s/f at 209 West 38th St. Mathew Mandell of GFP represented the landlord, GFP R.E., in each of the transactions.
Lendlease appoints Granderson to head Diversity, Equity and Inclusion for firm’s US-based business...
April 11, 2023
Manhattan, NY Lendlease has named Leah Granderson head of Diversity, Equity and Inclusion (DE&I) for its U.S. business. She will report directly to U.S. chief people officer Carol Gomez.
Enterprise Community Partners closes $190.2 million Equitable Upward Mobility Fund
April 11, 2023
Manhattan, NY Enterprise Community Partners (Enterprise) closed the Equitable Upward Mobility Fund (EUMF), a $190.2 million Low-Income Housing Tax Credit fund designed specifically to support economic mobility with a focus on racial equity. With commitments from investors
The Realty Advisory Board presents “Partnering Effectively with Your Union Staff”
April 11, 2023
New York, NY At BOMA NY’s March Forum, “Partnering Effectively with Your Union Staff,” the Realty Advisory Board’s president, Howard Rothschild and executive vice president Robert Schwartz presented a vivid picture of how the RAB negotiates collective bargaining agreements with 32BJ
Cotsalas and Delitsky of Northmarq secure $26 million refinance
April 11, 2023
Manhattan, NY Chuck Cotsalas, senior vice president/senior director in Northmarq’s Long Island office, and Robert Delitsky, senior vice president/managing director in New York City’s office, have arranged a $26 million loan secured through luxury
IREM NYC - Scholarships available!
April 11, 2023
Queens, NY Whether you’re aspiring to achieve an IREM certification and/or looking to enrich your knowledge, our chapter is committed to helping you reach your professional development goals.
Professional Women in Construction, New York - Healthcare Forum
April 11, 2023
New York, NY On April 20th, Professional Women in Construction (PWC) will be holding their 2023 Healthcare Forum. Healthcare leadership from Mount Sinai Health System and Icahn School of Medicine, NYC Health + Hospitals, and Northwell Health will discuss design and construction initiatives, industry impacts, and upcoming projects.
Lights, camera...action! - by Shallini Mehra
April 11, 2023
High interest rates, inflation, investors “in limbo,” and turmoil in the banking sector are dominating recent headlines, leading to overall lower transaction volume across New York. However, investors and brokers are resilient and are constantly looking for ways