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Cronheim Mortgage secures 75% LTC, 5-year fixed-rate construction financing for Class A self-storage...
December 13, 2022
El Paso, TX Cronheim Mortgage has secured a 75% LTC, five-year fixed-rate construction loan for the development of a 151,000+ net rentable s/f, Class A self storage facility. The $12.95 million financing was closed with a local bank and features
Yonkers Housing Authority and The Community Builders making progress on The Ridgeway
December 13, 2022
Yonkers, NY The Yonkers Housing Authority (YHA) and The Community Builders (TCB) have been working together for more than a decade to redevelop the 1940s-era Cottage Place Gardens public housing complex into The Ridgeway, a modern mixed-income community
Fried Frank holiday party brings together Real Estate Industry’s Who's Who
December 13, 2022
Manhattan, NY This year’s Fried Frank real estate holiday gala, held at Cipriani 42nd St. on December 6th, was a celebration of a resurgent real estate market, attracting the real estate
Pierson Commercial completes $9 million sale of 301 Washington St. in Hoboken
December 13, 2022
Hoboken, NJ Pierson Commercial, a leading retail-focused commercial real estate brokerage and advisory services firm with offices in New Jersey and New York City, has arranged the $9 million sale of a retail property along
SFA Agency LLC signs 8,901 s/f lease at One Battery Park Plaza
December 13, 2022
Manhattan, NY According to Rudin, together with their partner, Allianz Real Estate, SFA Agency LLC has signed a new 8,901 s/f lease at One Battery Park Plaza
Ruane, Cunniff & Goldfarb to relocate to Rockefeller Center
December 13, 2022
Manhattan, NY According to Ruane, Cunniff & Goldfarb and Tishman Speyer, Ruane, Cunniff will relocate their headquarters to 45 Rockefeller Plaza. The investment adviser was founded in 1969, and will be moving its offices from 9 West 57th St. to Rockefeller
Heller Organization arranges lease for AIDS Healthcare Foundation
December 13, 2022
Queens, NY Adam Heller, Stephen Weber, and Joshua Singer of The Heller Organization, a full-service real estate firm, have arranged a lease for a 27,275 s/f ground floor space at 91-30 Van Wyck Expy. for AIDS Healthcare Foundation (“AHF”) and its affiliate
Cushman & Wakefield arranges six leases totaling 269,000 s/f at 277 Park Ave.
December 13, 2022
Manhattan, NY Cushman & Wakefield and The Stahl Organization has arranged six leases totaling 269,000 s/f at 277 Park Ave., a 1,850,000 s/f Class A office building
Cushman & Wakefield arranges $5.3 million sale of industrial land
December 13, 2022
Bronx, NY Cushman & Wakefield has arranged the sale of a 11,838 s/f industrial parcel located at 758-764 East 138th St. The final sale price was $5.3 million, equating to $448 per s/f
IPRG closes 806 President St; for $6.1 million
December 13, 2022
Brooklyn, NY Investment Property Realty Group (IPRG) has completed the closing of 806 President St. for $6.1 million. This property is located between 6th and 7th Ave.
Neighborworks America signs 4,300 s/f lease at 505 Eighth Ave.
December 13, 2022
Manhattan, NY According to GFP Real Estate, LLC, Neighborworks America, a mission-driven nonprofit organization dedicated to “creating opportunities for people to live in affordable homes, improve their lives and strengthen
Peachy signs 10-year lease for 3,000 s/f at 120 Broadway
December 13, 2022
Manhattan, NY According to Silverstein Properties, one of New York City’s leading real estate development and management companies, AI-driven preventive skincare startup Peachy will open with a 10-year, 3,043
Live music venue S.O.B.’s extends lease at 200 Varick St.
December 13, 2022
Manhattan, NY According to GFP Real Estate, LLC, live music venue S.O.B.’s, also known as Sounds of Brazil, has signed a lease extension for its 7,548 s/f space at 200 Varick St
Macro grows leadership team in Northeast
December 13, 2022
Manhattan, NY According to Macro, A Savills Company, Brian Lees has joined as senior director in New York, building upon the firm’s current project management capabilities and strategic advisory services in the Northeast region
Cushman & Wakefield arranges $17.5 million sale of 833 Madison Ave.
December 13, 2022
Manhattan, NY Cushman & Wakefield has arranged the sale of a 9,302 s/f, mixed-use property located at 833 Madison Ave. The final sale price was $17.5 million
JRM developing multifamily building focused on health and wellness
December 13, 2022
Jersey City, NJ JRM Construction Management, LLC, (JRM) has begun work on 49 Fisk St., a multi-family ground up building with approximately 322,750 gross s/f, consisting of 337 units. The project team includes architect
Construction professionals and utility company leaders gather for 2022 New York 811 excavation safet...
December 13, 2022
Bohemia, NY Over 300 construction professionals and leaders from utility companies, including Verizon, PSEG, ConEd and National Grid, attended New York 811’s Excavation Safety Expo at the TWA Hotel at JFK Airport, which focused on safety and awareness
Fordham REI names Freedman of Brown Harris Stevens to executive advisory council
December 13, 2022
New York, NY According to The Fordham Real Estate Institute (REI), Bess Freedman, CEO of Brown Harris Stevens, has been named to its executive advisory council (EAC) of real estate industry and business leaders.
Mallon and Thrappe of Verada complete 4,000 s/f lease
December 13, 2022
Brooklyn, NY According to Verada Retail, Baker Pediatrics has signed a new long-term lease for 4,000 s/f at 510 Driggs Ave. The space was listed at $165 on grade and $65 subgrade. The landlord, Northlink Capital
REBNY names promotions and additions to Government Affairs, Planning and Policy Teams
December 13, 2022
Albany, NY The Real Estate Board of New York (REBNY), a leading real estate trade association, has appointed several new personnel additions and promotions across the organization. “REBNY proactively works with a wide range of stakeholders