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Argo U presents “The Current State of the Insurance Market” - by Gustavo Rusconi
January 17, 2023
For the 10th consecutive year, Argo Real Estate is hosting its Argo U seminar series, comprising monthly educational programs geared to cooperative and condominium board members, shareholders, and owners. February’s topic, “The Current State
CIBS presents the 2023 State of the Industry
January 17, 2023
Melville, NY On Thursday, February 16th, the Commercial and Industrial Brokers Society of Long Island (CIBS), will host its 2023 State of the Industry. The event will feature an expert panel who will discuss trends and predictions for their
Gebroe-Hammer Associates arrange $11.9 million sale of two multifamily properties
January 17, 2023
East Orange, NJ Gebroe-Hammer Associates’ executive managing director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit St. and 60 North Arlington Ave. Apartments, two historic residential
REBNY and Coro New York Leadership Center announce 2023 class of REBNY
January 17, 2023
The Real Estate Board of New York (REBNY), a leading real estate trade association, and Coro New York Leadership Center, a civic leadership training program, are celebrating the newest cohort of REBNY Fellows. The first program of its kind for young
G.S. Wilcox & Co. arranges $10 million in financing for affordable development
January 17, 2023
Union, NJ G.S. Wilcox & Co. has completed $10 million in permanent financing for a 2 building, 88-unit affordable housing apartment community. The financing, arranged by Gretchen Wilcox, president, and David Fryer, principal, was secured
Five generations gathered at Inspir Carnegie Hill to debate everything
January 31, 2023
Manhattan, NY Inspir Carnegie Hill, a senior living residence on the Upper East Side, honored Martin Luther King, Jr. Day of Service with a cross-generational dinner, where the 18 guests in attendance ranged from ages 12 years old to 98.
Marcus & Millichap brokers sale of a 25,000 s/f office building in Ocean Township, NJ
January 17, 2023
Ocean Township, NJ Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of Ansell Grimm Office Building, a 25,000 s/f property
Westchester IDA incentives approved for projects representing $1.84 billion
January 17, 2023
White Plains, NY The Westchester County Industrial Development Agency (IDA) finished 2022 with another banner year, providing final and preliminary approval of financial incentives to residential and commercial developments representing
Pacific Program Management promotes Yencho to vice president, East Region
January 17, 2023
Manhattan, NY Pacific Program Management (PPM) has promoted Sandra Yencho to vice president, East Region, leading the company’s business strategy and client relationships for the region. She will work closely with Mark Wanic, PPM’s chief officer of client solutions
IIBEC’s 40th anniversary at the 2023 IIBEC International Convention and Trade Show
January 17, 2023
Raleigh, NC Celebrating its 40th anniversary, IIBEC will return to Houston, TX, for the 2023 IIBEC International Convention and Trade Show, March 3–6. Building enclosure professionals from across North America and more than 110 exhibitors
The Doe Fund closes on construction financing for transitional housing
January 31, 2023
Brooklyn, NY The Doe Fund, a homeless services organization known for its Ready, Willing & Able work program and its portfolio of more than one million s/f of transitional, affordable, and supportive housing, closed on construction financing for its latest transitional residence at 510 Gates Ave.
Fried Frank advises Fox and News Corp in lease at 1211 Avenue of the Americas
January 31, 2023
Manhattan, NY Fried Frank advised Fox and News Corp on a long-term commitment extending their lease terms at 1211 Avenue of the Americas until 2042 with options to further extend. The combined space is over
ATCO Properties & Management leases 1,787 s/f to Ongi Korean grill at 630 Third Ave.
January 31, 2023
Manhattan, NY ATCO Properties & Management finalized a 10.5-year, 1,787 s/f lease for Ongi Korean grill, a new concept by Red Poke, at 630 Third Ave., a 252,000 s/f office tower located near Grand Central Terminal. Ongi will be in the retail space previously occupied by P.F. Chang
JLL arranges 18,000 s/f lease for Incline Equity at 101 Park Ave.
January 31, 2023
Manhattan, NY JLL has arranged an 18,000 s/f lease for growing private equity firm Incline Equity Partners at 101 Park Ave., the 49-story office tower located at the corner of 40th St. and Park Ave. in Midtown. Incline Equity Partners will nearly double its footprint
Colliers secures 40,000 s/f lease for inclusive play center—CompletePlayground at 30 Broad St.
January 31, 2023
Manhattan, NY Colliers has arranged a 40,000 s/f lease for CompletePlayground, a nonprofit family activity center that offers programming for all children, including kids with special needs, at 30 Broad St.
Ashkenazy Acquisitions Corp. refinances retail condo of $20.6 million
January 31, 2023
Manhattan, NY Ashkenazy Acquisition Corp. (AAC), arranged a year-end refinancing of $20.6 million for The Chatham retail condo. The 25,673 s/f located on Third Ave., received a 10-year, fixed-rate loan
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2023 NY Self Storage Association Investment Forum recap
January 31, 2023
Manhattan, NY The NY Self Storage Association (NYSSA) held its annual “Investment Forum” event in New York City, attracting the top self-storage companies’ real estate representatives who virtually all agreed that the industry would see a continuation of moderately rising
Container Store leases 15,676 s/f at FRT’s Huntington Shopping Center
January 31, 2023
Huntington, NY According to Federal Realty Investment Trust (FRT) The Container Store will join REI and Whole Foods Market at Huntington Shopping Center as part of its $75 million redevelopment. Additionally, Burger Village, Love Sac and Just Salad have signed leases for the center’s new pad site facing Rte. 110.
Walker & Dunlop structures $120 million financing for affordable housing rehab
January 31, 2023
Harlem, NY Walker & Dunlop, Inc. structured $120 million in financing for the rehabilitation of Audubon Houses, Bethune Gardens, and Thurgood Marshall Plaza (ABM), a 557-unit, three-building portfolio. The properties built between 1962 and 1985 are in need of significant upgrades.
Kuppersmith of Cushman & Wakefield newest IREON member
January 31, 2023
Melville, NY IREON welcomed Cushman & Wakefield’s Robert Kuppersmith, executive director to its membership roster as the exclusive commercial real estate brokerage, commercial property management (over 25,000 s/f) New York metro/nationwide and global markets representative. The recommending