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Logical Buildings closes $110 million virtual power plant project with Keyframe Capital

Logical Buildings closes $110 million virtual power plant project with Keyframe Capital

April 25, 2023
New York, NY Logical Buildings has closed a $110 million virtual power plant (VPP) project facility with Keyframe Capital. The facility will be used to pursue VPP projects within New York City- and New Jersey-based multifamily residential buildings,
The Feil Organization signs three leases totaling 12,182 s/f

The Feil Organization signs three leases totaling 12,182 s/f

April 25, 2023
Manhattan, NY The Feil Organization has signed three new deals encompassing a total of 12,182 s/f at 488 Madison Ave., a 25-story, premier office building. David Turino, director of commercial leasing at the Feil Organization, represented Feil
Lipsky Construction brothers join IREON

Lipsky Construction brothers join IREON

April 25, 2023
Bayport, NY IREON has added Lipsky Construction’s co-owners, Alex and Joel Lipsky, to its membership roster as their exclusive general contracting corporation. Lipsky Construction, a commercial construction management and general contracting firm,
Smith and Arkview Capital buyout Icon Parking

Smith and Arkview Capital buyout Icon Parking

April 25, 2023
Manhattan, NY Icon Parking, led by its president and CEO John Smith and Arkview Capital have gone through with a management buyout to create the largest minority-owned parking and mobility service provider in New York City with Icon Parking.
Colliers secures two leases for Dunkin’

Colliers secures two leases for Dunkin’

April 25, 2023
Manhattan, NY Colliers has arranged two long-term leases for coffee and donut chain Dunkin’. Both leases are in high-profile, high-traffic locations, with the company taking space at The Paramount Building and Penn Station. Colliers team of Tom Citron
Bortz of Kislak Company arranges <br> $3.475 million sale of 901 Mill Place

Bortz of Kislak Company arranges
$3.475 million sale of 901 Mill Place

April 25, 2023
Montgomery, NY The Kislak Company, Inc. arranged the sale of Paltz River apartments, a 20-unit apartment complex at 901 Mill Place for $3.475 million. The sale included land with approvals to build another 38 units. In total, the 20-unit property and land for
NYSERDA to provide $1.9 million to six projects advancing low carbon solutions

NYSERDA to provide $1.9 million to six projects advancing low carbon solutions

April 25, 2023
New York, NY The New York State Energy Research and Development Authority (NYSERDA) is providing $1.9 million for six projects selected to participate under the first round of the Low Carbon Pathways for Multifamily Buildings program for market-rate or affordable multifamily
EDRE Development and DXA Studio introduce <br> wellness living with 110 North 1st Street

EDRE Development and DXA Studio introduce
wellness living with 110 North 1st Street

April 25, 2023
Brooklyn, NY Sales have officially launched at 110 North 1st St., the development in the Williamsburg neighborhood. Offering a range of one- to four-bedroom condominiums, as well as amenities, the development is transforming North 1st St. into
Matheos Realty closes sale on two properties <br> for $4 million totaling 25,240 s/f

Matheos Realty closes sale on two properties
for $4 million totaling 25,240 s/f

April 25, 2023
Brooklyn, NY Matheos Realty Group has closed the sale of two multifamily properties in East Flatbush for $4 million. The properties, located at 795 Linden Blvd. and 229 East 52nd St., were sold to a private real estate
C&W reps. Hg in 14,000 s/f lease at Brookfield and Swig’s Grace Building

C&W reps. Hg in 14,000 s/f lease at Brookfield and Swig’s Grace Building

April 25, 2023
Manhattan, NY Brookfield Properties and the Swig Companies said that Hg signed a 14,000 s/f long-term lease at the Grace Building, located at 1114 Ave. of the Americas. The firm will occupy the 16th floor.
HUNT R.E. ranks #5 nationwide and #1 in NY for Core Services Providers in REAL Trends

HUNT R.E. ranks #5 nationwide and #1 in NY for Core Services Providers in REAL Trends

April 25, 2023
Buffalo, NY Respected real estate industry publication REAL Trends has released its annual Top 500 survey, recognizing the nation’s largest and most successful real estate firms. The survey includes a ranking of the real estate industry’s Top Core Services
Praedium Group elevates two to  director and two to vice principal

Praedium Group elevates two to director and two to vice principal

April 25, 2023
Manhattan, NY The Praedium Group (Praedium) has proceeded with a number of senior level promotions. Among the executives promoted were Kelsey Durels and Lindsay Schuckman, who were named as directors, as well as Shaun Houlihan and Michael Levine,
Newmark arranges $248 million refinancing loan for BentallGreenOak and Slate Property Group

Newmark arranges $248 million refinancing loan for BentallGreenOak and Slate Property Group

April 25, 2023
Manhattan, NY On behalf of BentallGreenOak and Slate Property Group, Newmark has arranged a $248 million refinancing of The Biltmore, a 464-unit luxury apartment building complemented by 47,397 s/f of commercial space
Rosewood Realty Group brokers $11.6 million sale of 10,445 s/f building

Rosewood Realty Group brokers $11.6 million sale of 10,445 s/f building

April 25, 2023
Brooklyn, NY Rosewood Realty Group negotiates the sale of a three-story Flatbush, mixed-use building with two market-rate residential apartments and three retail spaces for $11.6 million. The building, at 357 Flatbush Ave., (between Park and Sterling Places)
Silverstein Properties arranges direct lease for StubHub at 3 World Trade Center

Silverstein Properties arranges direct lease for StubHub at 3 World Trade Center

April 25, 2023
Manhattan, NY Silverstein Properties arranged for StubHub, the ticket marketplace with the world’s largest selection of live events, a direct lease for a full floor at 3 World Trade Center.
TerraCRG completes $2.2 million sale of 119 42nd St. in Sunset Park

TerraCRG completes $2.2 million sale of 119 42nd St. in Sunset Park

April 25, 2023
Brooklyn, NY TerraCRG has completed the sale of 119 42nd St., a fully renovated commercial building, located in Sunset Park. The asset sold for $2.2 million, and the seller was exclusively represented by TerraCRG partners Dan Marks and Daniel Lebor,
Avoiding land grabs - by C. Jaye Berger

Avoiding land grabs - by C. Jaye Berger

April 25, 2023
With all the new development work that is being done currently, especially in the five boroughs, buildings need to be more careful than ever that the right areas are being worked on by the right people. For example, during a project involving a portion of the roof, the
RFR and Waterfall Asset Management acquire <br> 33,000 s/f retail condominium - The Astor

RFR and Waterfall Asset Management acquire
33,000 s/f retail condominium - The Astor

April 25, 2023
Manhattan, NY RFR and Waterfall Asset Management have acquired the 33,000 s/f retail condominium portion of The Astor condominium building at 2139 – 2159 Bdwy. on New York’s Upper West Side in a joint venture. Situated in one of Manhattan’s most vibrant retail
Institutional Property Advisors brokers $80 million all-cash deal of 555 West 18th St. to IAC

Institutional Property Advisors brokers $80 million all-cash deal of 555 West 18th St. to IAC

April 25, 2023
Manhattan, NY IAC has completed an $80 million all cash transaction to acquire the land under its New York City headquarters at 555 West 18th St. The transaction unites IAC’s landmark building designed by renowned
Cushman & Wakefield and Meridian Capital <br>arrange $77.38 million in acquisition financing

Cushman & Wakefield and Meridian Capital
arrange $77.38 million in acquisition financing

April 25, 2023
Manhattan, NY Cushman & Wakefield and Meridian Capital have served as the exclusive advisors to Empire Capital Holdings and Namdar Realty Group in the procurement of $77.38 million in acquisition financing for The Collection at Mercedes House,