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Ferrara and Stenson of Brax Realty sell 3-building package for $13.5m
June 14, 2022
Manhattan, NY Michael Ferrara and Alan Stenson of investment sales brokerage firm Brax Realty completed the sale of a three-building package
Can legacy firms adapt to a new age - by Kimberly Zar Bloorian
June 14, 2022
This past month, residential real estate mogul and reality TV star, Ryan Serhant debated Douglas Elliman’s CEO Scott Durkin and Brown Harris Stevens’ CEO
Cushman & Wakefield|Pyramid Brokerage handles two sales totaling $9.725 million
June 14, 2022
Buffalo, NY Cushman & Wakefield|Pyramid Brokerage Co. (C&W|Pyramid) brokered two sales totaling $9.725 million.
Suffolk IDA preliminarily approves hotel project
June 14, 2022
Melville, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to invest in 500 Broad Hollow Road, LLC for the construction of
Marcus & Millichap promotes Horowitz to Northeast division manager
June 14, 2022
New York, NY According to Marcus & Millichap, John Horowitz has been promoted to Northeast division manager.
Avanath Capital Management acquires Brooklyn multifamily portfolio for $315m
June 14, 2022
Brooklyn, NY Avanath Capital Management, LLC, a private real estate investment manager and registered investment adviser, has acquired its
Manhattan Schoolhouse signs new location on Upper East Side
May 24, 2022
New York, NY Manhattan Schoolhouse, a children’s learning center offering programs from 3 months to 6 years, has signed a lease for an 11,800 s/f facility at 1538 Second Ave. This
Simone Development Companies signs Cap't Loui Seafood Boil at Throggs Neck Shopping Center
May 24, 2022
Bronx, NY Simone Development Companies has signed Cap't Loui Seafood Boil to a 2,123 s/f, long-term lease at Throggs Neck Shopping Center. This is the seafood restaurant's fifth location
TerraCRG close on $42 million sale of four multifamily buildings
May 24, 2022
Brooklyn, NY TerraCRG has closed on the $42 million sale of a unique four elevator multifamily portfolio located at 550 E 21st St., 850 E 17th St., 855 E 19th St. and 3111 Aurelia Ct.
Simone Development acquires mixed use retail/healthcare property for $32 million
May 24, 2022
Bronx, NY Simone Development Companies, the Bronx-based developer, has purchased Triangle Plaza Hub, a 50,000 s/f grocery anchored retail and medical office condominium in the Bronx’s Mott Haven neighborhood for
TerraCRG sells $4 million 16-unit multifamily building
May 24, 2022
Brooklyn, NY TerraCRG has closed on the $4 million sale of 38 Cooper St., a 16-unit multifamily building to Sky Soar Capital. TerraCRG partner Matt Cosentino and associate
RAL Development signs Sigma Computing at Zero Irving
April 24, 2022
New York, NY Real estate development firm RAL Development Services (RAL) have signed business data analytics software company Sigma Computing Inc (Sigma) to Zero Irving. The
Katz & Associates represents Leap Inc. to bring two new sustainable apparel retailers
May 24, 2022
Brooklyn, NY Katz & Associates, the exclusive real estate broker for Leap Inc. in Brooklyn, half of Manhattan, and Florida, has closed 10-year deals to bring two new sustainable retail fashion and lifestyle
Meridian Capital Group arranges $48 million in financing for 100 Lenox Rd.
May 24, 2022
Brooklyn, NY Meridian Capital Group arranged $48 million in financing for 100 Lenox Rd., a multifamily property. The construction takeout bridge loan was provided by
Meridian’s Schechtman, Mehra, Doshi, and Kassin complete $17.1 million Upper West Side building sa...
May 24, 2022
New York, NY Meridian’s David Schechtman, Shallini Mehra, Amit Doshi, and Abie Kassin recently closed on the sale of 227 Riverside Dr. This 48,178 s/f, corner elevator building has 40 apartments and is located on
JS Squared breaks ground on Watermill Crossing
May 24, 2022
Water Mill, NY JS Squared, the developers of Watermill Crossing, a luxury town home community have broken ground. The development is being built by Racanelli Construction, with an anticipated completion date
Integrating mental health into construction - by Les Hiscoe
May 24, 2022
With both Mental Health Awareness Month and Construction Safety Week in May, it was encouraging to see such an emphasized focus on mental health—this is the level of priority and importance it always needs to have
NuZine designs 23,500 s/f showroom and offices at 1385 Broadway for Fantasia Accessories
May 24, 2022
New York, NY NuZine -- a New York-based WBE-certified company specializing in interior design and project management for commercial projects up to 50,000 s/f – announces the completion of 23,500 s/f of
Axiom Capital funds 129,988 s/f industrial property in Palm Bay, FL
May 24, 2022
Palm Bay, FL Axiom Capital Corp has structured and arranged a $6.1 million permanent loan (10-year, fixed rate, non-recourse) for the acquisition of a 129,988 s/f, multi-building industrial property
Brothers joins Bound Construction Corp. as vice president
May 24, 2022
New York, NY Michael Brothers has joined Bound Construction Corp.—an East Coast Construction Management, EPC consulting firm—as the vice president of operations and regional growth leader. As vice