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SCALE Lending closes $87.6 Million loan

SCALE Lending closes $87.6 Million loan

April 12, 2022
Brooklyn, NY SCALE Lending, a lender in the New York Metropolitan market for construction financing, has completed a $87.6 million combined acquisition and construction loan at 575 Grand St. in Brooklyn
Avison Young arranges sale of five-story commercial building in SoHo for $10.5 million

Avison Young arranges sale of five-story commercial building in SoHo for $10.5 million

April 12, 2022
New York, NY Avison Young's Tri-State Investment Sales Group has arranged the sale of 206 Spring St., a five-story commercial building for $10.5 million. 206 Spring St. includes 15,540 rentable s/f across
MRA has acquired $12.6 million industrial site

MRA has acquired $12.6 million industrial site

April 12, 2022
Bayport, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (“MRA”), has executed hard contracts to acquire 33 Rajon Rd. for $12.6 million The site is made up of three tax lots
Commercial Classroom: “Options” in commercial real estate - by Ed Smith

Commercial Classroom: “Options” in commercial real estate - by Ed Smith

April 12, 2022
A lease may be written for a specific term and have an option for the tenant to extend the lease term for an additional period, or periods of time (i.e. the term of the
Silverstein Properties and Reside Health Partner to open a wellness center

Silverstein Properties and Reside Health Partner to open a wellness center

March 22, 2022
New York, NY Reside Health, a tech-enabled service provider delivering health and wellness in the workplace, is starting a partnership with real estate management
Katz & Associates’ Greenberg represents Hoboken Theaters in $13 million sale

Katz & Associates’ Greenberg represents Hoboken Theaters in $13 million sale

March 22, 2022
Hoboken, NJ Katz & Associates’ Jonathan Greenberg represented Hoboken Theaters LLC in the sale of the 20,000 s/f former Bow Tie Cinemas to Hoboken Grace Community Church
BOMA New York: Q1 2022 - by Matt Duthie

BOMA New York: Q1 2022 - by Matt Duthie

April 12, 2022
As we continue to rebound from a two-year pandemic, a large part of the American workforce is still undecided about returning to the office. With that said, Q1 statistics in
IREM NYC holds annual dinner & awards night on March 3rd

IREM NYC holds annual dinner & awards night on March 3rd

April 12, 2022
New York, NY IREM NYC hosted their Annual Dinner & Awards on March 3rd at 230 FIFTH. It’s the first time the organization held this celebration since
PWC holds panel event March 31st: Penn Station Transformation

PWC holds panel event March 31st: Penn Station Transformation

April 12, 2022
New York, NY On March 31st, Professional Women in Construction (PWC) held a successful panel event at Manhattan Manor discussing Penn Station’s plans to
Greener skylines ahead: BERDO 2.0 and Local Law 97 - Part II - by Roselin Osser

Greener skylines ahead: BERDO 2.0 and Local Law 97 - Part II - by Roselin Osser

April 12, 2022
In this article we’ll review fundamental strategies to meet carbon emissions standards compared to the costs of non-compliance with New York’s Local Law 97 (LL97) and
Invictus Property Advisors’ co-founder Andrew Levine is growing the firm into a formidable mid-market brokerage

Invictus Property Advisors’ co-founder Andrew Levine is growing the firm into a formidable mid-mar...

April 12, 2022
New York, NY The New York Real Estate Journal sat down with Andrew Levine, this month’s Executive of the Month, for a question and answer session. Levine is co-founder of Invictus Property Advisors.
Security deposit alternatives: With rents at all-time highs, is now the time to go deposit-free? - by Steve Gabel

Security deposit alternatives: With rents at all-time highs, is now the time to go deposit-free? - b...

April 12, 2022
It seems like every week you read a story about the price of goods and services reaching a new high, so it was only a matter of time before the trend came for the
Lettey: A new app leveraging social networks

Lettey: A new app leveraging social networks

April 12, 2022
New York, NY According to Lettey, its new app is available to download. The new app is a mobile-based residential leasing marketplace for renters, brokers and
Landsea Homes and DNA Development begin closings at FÖRENA condos

Landsea Homes and DNA Development begin closings at FÖRENA condos

April 12, 2022
Manhattan, NY Landsea Homes Corp., along with DNA Development, have commenced closings at FÖRENA, a Scandinavian-inspired condominium located at 540 Sixth Ave. With both interiors and
Crystal Windows expands YouTube Channel content

Crystal Windows expands YouTube Channel content

April 12, 2022
Queens, NY Crystal Window & Door Systems has expanded its trade customer support services with a series of online instructional videos to
Syska Hennessy promotes 21

Syska Hennessy promotes 21

April 12, 2022
New York, NY Syska Hennessy Group has promoted five professionals to associate partner; eight to senior associate; and eight to associate.
The challenges of converting hotels to affordable housing - by Walter Marin

The challenges of converting hotels to affordable housing - by Walter Marin

April 12, 2022
When tourism and travel suffered during the height of the pandemic, dozens of hotels sat unused, presenting developers with a potential solution to tackle
Reddy launches management firm: aNu Facilities Co.

Reddy launches management firm: aNu Facilities Co.

April 12, 2022
New York, NY Laura Reddy NCIDQ, CEO of NuZine, a NY-based WBE-certified firm specializing in commercial interior design and project management for
Canvas Property Group achieves 100% leased at two Brooklyn properties

Canvas Property Group achieves 100% leased at two Brooklyn properties

April 12, 2022
Brooklyn, NY Canvas Property Group, an entrepreneurial, tech-focused property, construction and asset management firm, celebrated that INSTRATA Brooklyn Heights and INSTRATA Park Slope are
McElyea named CFO at the Falcon Group

McElyea named CFO at the Falcon Group

April 12, 2022
New York, NY Clifton McElyea has been named chief financial officer at the Falcon Group. Mc- Elyea brings over 20 years of experience in