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Bestreich Realty Group closes $3.5 million sale

Bestreich Realty Group closes $3.5 million sale

April 26, 2022
Manhattan, NY Bestreich Realty Group (BRG) closed the sale of 666 9th Ave. in Hell’s Kitchen for $3.5 million.
Schorr of Realty Insight Group redevelops gas station, sells for $4.888 million

Schorr of Realty Insight Group redevelops gas station, sells for $4.888 million

April 26, 2022
N Bellmore, NY Neil Schorr of Realty Insight Group handled the sale of 2663 Jerusalem Ave. The sale price was $4.888 million.
Blumenfeld Development Group and Brookfield Properties lease 19,687 s/f to Ashley HomeStore

Blumenfeld Development Group and Brookfield Properties lease 19,687 s/f to Ashley HomeStore

April 26, 2022
Manhattan, NY According to Blumenfeld Development Group (BDG), Ashley HomeStore signed a 10-year lease at East River Plaza.
Axiom Capital Corp. structures $6 million permanent loan to refinance 18,694 s/f medical building in Queens

Axiom Capital Corp. structures $6 million permanent loan to refinance 18,694 s/f medical building in...

April 26, 2022
Queens, NY Axiom Capital Corp. has structured and arranged a $6 million permanent loan (10-year, fixed rate, non-recourse) for the refinance of a
Rochester Management’s Zion Hill Senior Apts. achieves LEED  for Homes Gold; design by SWBR

Rochester Management’s Zion Hill Senior Apts. achieves LEED for Homes Gold; design by SWBR

April 26, 2022
Rochester, NY According to SWBR, Rochester Management’s Zion Hill Senior Apartments has received LEED for Homes Gold Certification from the U.S. Green Building Council.
GFP Real Estate brokers 11 leases at 230 Fifth Ave. totaling 15,525 s/f

GFP Real Estate brokers 11 leases at 230 Fifth Ave. totaling 15,525 s/f

April 26, 2022
New York, NY GFP Real Estate, LLC completed 11 new lease transactions totaling 15,525 s/f at the Flatiron District’s 230 Fifth Ave., also
Hempstead IDA gives final approval to Carman Place Apartments development

Hempstead IDA gives final approval to Carman Place Apartments development

April 26, 2022
Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has given final
Compass retains Matrix Technology Group for design/installation of integrated technology infrastructure at new Brooklyn Heights office

Compass retains Matrix Technology Group for design/installation of integrated technology infrastruct...

April 26, 2022
Brooklyn, NY Matrix Technology Group (MTG), a leading provider of technology infrastructure consulting, design, and integration, has been retained by
CREWNY discusses what’s new and what’s next in CRE at February luncheon

CREWNY discusses what’s new and what’s next in CRE at February luncheon

April 26, 2022
New York, NY Two years after the start of the pandemic, people are still making their way back into their office spaces. The pandemic created an
Why real estate syndication is important for Delaware Statutory Trust 1031 exchange real estate investors - by Alex Madden

Why real estate syndication is important for Delaware Statutory Trust 1031 exchange real estate inve...

April 26, 2022
Delaware Statutory Trust 1031 exchanges have never been more popular, and one of the reasons behind this growth and investor appeal is the power and
Merchants Capital provides $104m financing for NYCHA properties

Merchants Capital provides $104m financing for NYCHA properties

April 26, 2022
Manhattan, NY The New York office of leading financial services provider Merchants Capital has provided $104 million in
Cawley launches new brokerage: National Multifamily

Cawley launches new brokerage: National Multifamily

April 26, 2022
>New York, NY According to Matt Cawley, the former head of United Multi Family’s New York office, he has founded a
Island Associates completes two leases: 1,800 s/f total

Island Associates completes two leases: 1,800 s/f total

April 26, 2022
West Babylon NY Island Associates negotiated two lease agreements for retail space at 369 Little East Neck Rd. in
Zere of Zere Real Estate Services sells 26-acre parcel for $1.8 million

Zere of Zere Real Estate Services sells 26-acre parcel for $1.8 million

April 26, 2022
Riverhead, NY Zere Real Estate Services sold 26 acres of raw land. The sale price was $1.8 million.
Sternhell and Vanderpool of Cignature Realty handle $6.8 million sale of Staten Island multifamily complex

Sternhell and Vanderpool of Cignature Realty handle $6.8 million sale of Staten Island multifamily c...

April 26, 2022
Staten Island, NY Cignature Realty closed the $6.8 million sale of 454-484 Van Duzer St., a multifamily apartment complex.
Featured Columnist: The importance of maintaining property - by C. Jaye Berger

Featured Columnist: The importance of maintaining property - by C. Jaye Berger

April 26, 2022
When buildings are having repair work done, they are very focused on completing the work as specified in the particular specifications and
Phillips of Largo secures $11.25 million

Phillips of Largo secures $11.25 million

April 26, 2022
Buffalo, NY Jack Phillips, principal of the Largo Group of Companies, arranged an $11.25 million permanent first mortgage
Goldflam of Highcap Group arranges $8.7m sale of Middletown Walgreens

Goldflam of Highcap Group arranges $8.7m sale of Middletown Walgreens

April 26, 2022
Middletown, NY Josh Goldflam, co-founder and principal of Manhattan-based commercial real estate firm Highcap Group,
Cook Properties acquires 2,300-pad manufactured housing portfolio; secured by a $69.5 million Fannie Mae Credit Facility loan

Cook Properties acquires 2,300-pad manufactured housing portfolio; secured by a $69.5 million Fannie...

April 26, 2022
Rochester, NY Cook Properties has acquired a 2,300-pad manufactured housing portfolio, making Cook the largest owner/operator of manufactured housing
Stacom of CBRE leads team in $266m deal between A&E Real Estate and Equity Residential

Stacom of CBRE leads team in $266m deal between A&E Real Estate and Equity Residential

April 26, 2022
Manhattan, NY A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $266 million sale of a 354-unit apartment tower at