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Opportunity for commercial real estate is in the eye of the beholder - by Mark Fogel
July 12, 2022
At press time, the Fed was raising rates to help stave off a four-decade-high of inflation. Reports abound of declining U.S. retail sales due to rising gasoline prices and
Stav Equities sells Brooklyn property for $5.4 million
July 12, 2022
Brooklyn, NY Jacob Stavsky, managing partner of Stav Equities LLC completed the off-market sale of 187 20th St. in South Slope for
Coscia of Largo arranges $46.5m to refinance Peekskill retail property
July 12, 2022
Peekskill, NY Kevin Coscia, managing director at the Largo Group of Cos., secured a $46.5 million non-recourse loan to refinance a
RXR announce grand opening of The Willoughby
June 28, 2022
Brooklyn, NY RXR, a leading real estate owner, operator, and developer in the New York Tri-State area, announced the grand opening of The Willoughby, a new ground-up, 34-story mixed-use tower
Raich Ende Malter & Co. joins EisnerAmper
July 12, 2022
New York, NY According to global business advisory firm EisnerAmper, the partners and staff of accounting and advisory firm Raich Ende Malter & Co. LLP (REM) will
French, Traver, and Dalzell of Marcus & Millichap broker $18.25 million sale of Western Lights Shopp...
July 12, 2022
Syracuse, NY Marcus & Millichap completed the sale of Western Lights Shopping Center, a 250,193 s/f retail property, according to
244 Devoe launches sales in Brooklyn’s East Williamsburg
June 28, 2022
Brooklyn, NY Sales have officially launched at The InHouse Group's 244 Devoe St., East Williamsburg’s newest boutique ground-up condominium development. The recently completed, four
The Urban Land Institute New York recognizes finalists for the 2022 Awards for Excellence in Develop...
June 28, 2022
New York, NY The Urban Land Institute New York (ULI New York) is pleased to recognize 18 projects as finalists for the 2022 Awards for Excellence in Development. The winners of the awards
Lewis of ERG is sole broker in $980,000 sale of Queens multifamily
July 12, 2022
Queens, NY ERG Commercial Real Estate handled the sale of a three-story brick multifamily building in the Corona neighborhood for
Rudin Family secures $415 million refinance of 3 Times Sq. tower
July 12, 2022
Manhattan, NY The Rudin Family closed on a $415 million refinancing for the repositioning of 3 Times Sq. The proceeds will be
Owners of properties affected by contamination from neighboring sites need to cooperate with investi...
July 12, 2022
Purchasers of commercial real estate perform environmental site inspections because the owner can be held responsible for cleanup costs. It is also
Centerpark acquires two parking facilities in Manhattan for $8.25 million
July 12, 2022
Manhattan, NY Centerpark, a fully-integrated developer, owner and operator of parking facilities known for converting traditional parking garages into
Breslin Realty secures 20,000 s/f lease with Harbor Freight
July 12, 2022
Bohemia, NY Breslin Realty completed a long-term lease with Harbor Freight Tools at 5185 Sunrise Hwy. Harbor Freight will be occupying
Axiom Capital Corp. structures and arranges $16 million refinance of Albany County multi-building in...
July 12, 2022
Colonie, NY Axiom Capital Corp. has structured and arranged a $16 million permanent loan for the refinance of a 302,914 rentable s/f,
Newmark handles 66,249 s/f at The Factory LIC
July 12, 2022
Queens, NY Newmark completed several leasing transactions totaling 66,249 s/f at The Factory LIC, a 1.1 million s/f
Exact Capital leads public-private partnership developing 52 units of affordable Co-Ops
June 28, 2022
New York, NY Exact Capital, a national commercial real estate development firm, is leading a public-private partnership in the ground up development of 52 affordable co-op apartments in
The Corbin Group at Rosewood Realty to market sale of chapter 11 bankruptcy at 159 Broadway
June 28, 2022
New York, NY The Corbin Group at Rosewood Realty has been exclusively engaged to market for sale 159 Broadway, New York under a chapter 11 bankruptcy plan. 159 Broadway, located in
SL Green using IBM technology to operationalize sustainability initiatives across NYC real estate po...
June 28, 2022
New York, NY SL Green Realty Corp. (NYSE: SLG) will be leveraging IBM (NYSE: IBM) sustainability software to help advance their company’s environmental, social and governance
EP Engineering promotes Burgess to Senior Partner
June 28, 2022
New York, NY EP Engineering, a leading full-service mechanical, electrical and plumbing engineering firm, is promoting Chris Burgess to senior partner. Burgess has gained extensive experience
Consigli appoints Bush head of NYC Metro Region operations
June 28, 2022
New York, NY According to Consigli Construction Co., Inc., Laura Bush, director of Operations, NYC Metro Region, will take over as head of the company’s New York City