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GreyHill Group acquires 64,536 s/f industrial building from Perry
November 8, 2022
Rochester, NY GreyHill Group has acquired a 64,536 s/f industrial property at 69 Seneca Ave. The one-story building is located in one of the city’s busiest commercial areas.
Funiciello of JF R.E. sells Rosie’s Sports Pub & Grille
November 8, 2022
Syracuse, NY The 15,256 s/f former Tipperary Hill landmark, Rosie’s Sports Pub & Grille, at 1443 West Genesee St. has sold for $455,000
Largo Capital Ltd. places $130 million
November 8, 2022
Montreal, Quebec Kevin Ross, managing director at Largo Capital Limited, arranged $130 million for the refinance of an office building.
The Agency readies for demolition of former IBM Country Club for new affordable housing project by ...
November 8, 2022
Union, NY The Agency was joined by Broome County and town of officials to begin the demolition of the former IBM Country Club located at 4301 Watson Blvd. LeChase Construction, Delta Engineers and Gorick Construction will oversee the demolition of the blighted property.
Cleeman Realty Group brokers $15.95m sale of Grand Union Plaza
November 8, 2022
Cortland, NY Cleeman Realty Group brokered the $15.95 million sale of Cortland Grand Union Plaza. The 133,846 s/f shopping center is anchored by a Grand Union grocery store on a 21.6 acre lot.
CBRE arranges $31 million sale of 156-unit Grand Pointe Park to Lexington Property Group
November 8, 2022
Poughkeepsie, NY Representatives of CBRE, led by Jeff Dunne, Richard Gatto, Fahri Ozturk, Eric Apfel, Stuart MacKenzie, and Zach McHale, negotiated the $31 million sale of Grand Pointe Park, a 156-unit multifamily community.
BOMA New York launches Proptech Committee
November 8, 2022
New York, NY BOMA, the city’s most influential commercial real estate trade organization, has launched a Proptech Committee. Comprising of a notable blend of experienced CRE executives, the new committee boasts a total of twenty members.
IREM NYC holds fourth annual sporting clays fundraiser
November 8, 2022
New Paltz, NY On Friday, October 7th over 120 shooters enjoyed a spectacular fall day at IREM NYC’s fourth annual Sporting Clays fundraiser at Mid-Hudson Sporting Clays.
Professional Women in Construction to host holiday party December 8th
November 8, 2022
New York, NY On Thursday, December 8th, Professional Women in Construction (PWC) will be hosting their Annual Holiday Party at Bryant Park Grill.
Cappelli Organization celebrates grand opening of 3THIRTY3
November 8, 2022
New Rochelle, NY City and county officials joined with Cappelli Organization on October 20 to celebrate the grand opening of 3THIRTY3, a 28-story tower featuring 285 luxury apartments with amenities plus indoor and outdoor recreational spaces. Located at 333 Huguenot St. in the downtown area, 3THIRTY3 is setting a new standard for luxury living.
SL Green and Caesars Entertainment pursue NY Gaming license
November 8, 2022
New York, NY SL Green Realty Corp. and Caesars Entertainment formed a partnership to redevelop 1515 Broadway as an entertainment and gaming destination in Times Sq. Caesars Palace Times Sq. will not only provide billions in tax revenue to New York City and state, it will also accelerate New York’s economic recovery
Regan retires after four decades at Syska Hennessy Group
November 8, 2022
New York, NY James Regan, senior principal and leader of the Eastern region of Syska Hennessy Group, is retiring from the firm after a 40-year tenure. As leader of the Eastern region, Regan managed more than 250 professionals in nine offices along the East Coast. Under his supervision, the firm completed many award-winning projects
Environmental justice, social movement or new buzzword? - Lee Wasserman
November 8, 2022
While the term ‘environmental justice’ (EJ) recently picked up momentum, the origins of the movement date back all the way to pre-1980s America. The organized EJ movement was sparked in 1982 when a small, economically disadvantaged community was chosen to host a landfill that was being created to dump PCB-contaminated soil.
Property of the Month: Montroy DeMarco Architecture designs 18,200 s/f office expansion for a nation...
November 8, 2022
New York, NY Montroy DeMarco Architecture (MDA) has completed an 18,200 s/f expansion to an existing 20,000 s/f office space in the Financial District for a national not-for-profit organization focused on providing legal services.
Simple ways to future-proof your property management business - by Chris Ulep
November 8, 2022
When the word recession gets thrown around, you may worry about your financial security. The economy goes through cycles, and while these cycles are often unpredictable, the threat of recession looms heavily on your ability to plan ahead. Thanks to some much-needed cloud-based services, a few simple moves can go a long way toward future-proofing your property management business.
Lendlease hires Henley to lead NY dev. business
November 8, 2022
New York, ny Lendlease appointed Monique Henley as executive general manager for the Americas development business. Henley is based out of Lendlease’s NYC office and reports directly to Mark Dickinson, managing director of development, Americas.
How technology is transforming the restoration industry - by Ron Fanish
November 8, 2022
The restoration industry is an age-old trade—there’s been a need for it as long as humans have been building structures. That said, the technology that drives the industry is never stagnant.
Arch Cos. takes over portfolios of apartment development sites
November 8, 2022
New York, NY Arch Companies has closed a portfolio of three luxury apartment development projects in the Bushwick, Brooklyn market. The portfolio totals 61 units and is located at 435 Central Ave., 1010 Bushwick Ave. and 1351 Dekalb Ave.
SCS unveils new facility at TF Cornerstone’s 52-41 Center Blvd.
November 8, 2022
New York, NY Sunnyside Community Services (SCS) has unveiled a new facility in Long Island City that will allow the organization to expand its Queens footprint. The 7,713 s/f space will house the organization’s Home Health Aide Training Program, caregiver services, and a portion of its staff offices. The site will also be used to host community events, concerts, support groups, and meetings
New Empire acquires 37,793 s/f mixed-use development sites in Flatbush, Brooklyn for $18 million
November 8, 2022
New York, NY New Empire Corp. (NEC) closed on the acquisition of neighboring sites for development in Flatbush, Brooklyn. Acquired for $18 million, the lots are located at 757-767 Flatbush Ave. and 21 Lenox Rd. and total 37,793 s/f combined. The existing structures at both 757-767 Flatbush