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Donnelly Mechanical names Mangione new CEO
June 14, 2022
New York, NY Dino Mangione will be serving as the new CEO of Donnelly Mechanical, a NYC commercial HVAC service, maintenance and construction company. Mangione has been a member of the Donnelly Mechanical team since shortly
RIPCO acquires BCD, a restaurant real estate brokerage
June 14, 2022
New York, NY RIPCO Real Estate (RIPCO), an independent full-service brokerage with services including leasing, investment sales, property management and debt and structured finance, has acquired BCD
Rosewood Realty completes $75 million multifamily sale in Lexington, KY
June 14, 2022
Lexington, KY Rosewood Realty Group have completed the $75 million sale of a 384-unit 12-building multifamily apartment complex. Rosewood’s founder & CEO Aaron Jungreis and Rosewood
R.A.I.N. honors Kelleher of Simone Metro Properties
June 14, 2022
Eastchester, NY Joseph Kelleher, president of Simone Metro Properties, was honored for his ongoing support of Regional Aid for Interim Needs Total Care, Inc. (R.A.I.N.) at the Bronx-based service provider’s Sixth Annual Golf Outing at the Leewood Golf Club in Westchester County. For the past 58 years,
Urban Land Institute New York to recognize Hackett with 2022 Visionary Leadership in Land Use award
June 14, 2022
New York, NY Ronne (Veronica) Hackett, Co-Founder, CEO of the Clarett Group and real estate executive, as the recipient of The Urban Land Institute New York's (ULI NY) 2022 Visionary Leadership in Land Use award. The award will be presented at the Seventh Annual Awards for Excellence
New Rochelle Chamber of Commerce, City of New Rochelle, New Rochelle Downtown BID & RXR celebrated h...
June 14, 2022
strong>New Rochelle, NY High-end hair salon Hair House celebrated its Grand Opening and Ribbon Cutting at its new flagship location within RXR’s 360 Huguenot, a 28-floor luxury residential and retail development. The NR Chamber was joined by award-winning journalist Katie Couric
Cassin & Cassin names Schaeffer and McConnell partner; Cosolito promoted to counsel
June 14, 2022
New York, NY Cassia Schaeffer and William McConnell have been named partner, and Christopher Cosolito has been promoted to counsel at Cassin & Cassin LLP, a law firm specializing in real estate, real estate finance and private client matters, effective May 1,
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CBRE arranges two new office leases at The Gateway Building
June 14, 2022
White Plains, NY CBRE has completed two new office leases at The Gateway Building, a Class A office tower located at 1 North Lexington Ave. in the Central Business District and just steps from the White Plains Metro-North Train Station. International law firm Greenberg
Nuveen Real Estate, Taconic Partners & North American Properties acquire Ridge Hill shopping center
June 14, 2022
New York, NY Nuveen Real Estate, Taconic Partners and North American Properties have acquired Ridge Hill for $220 million, a mixed-use lifestyle center, with the intention of rebranding and transforming the 74-acre property into an outdoor lifestyle center serving the northern
JLL represents Feil Organization in lease of multi-housing and retail site
June 14, 2022
Brooklyn, NY JLL Capital Markets has arranged the lease of a shovel-ready 450,000 s/f development site at 356 Fulton St. to Extell Development. JLL marketed the site on behalf of the seller, The Feil Organization. The buyer intends
Meridian’s Doshi and Doshi sell a multifamily asset in an off-market transaction for $18.5 million...
June 14, 2022
Brooklyn, NY Meridian’s Chirag Doshi and Amit Doshi recently closed on the sale of 144-148 North 10th St., a 36,000 s/f multifamily property situated between Bedford Ave. and Berry St. The ecofriendly property, which sold for $18.5 million was built in 2006
Simone Development’s Dr. Mooney honored by St. Thomas Aquinas at 50th annual golf tournament event...
June 14, 2022
Dr. William Mooney, director of Community & Institutional Relationships at Simone Development, was among the honorees at the 50th St. Thomas Aquinas College President’s Council Golf Tournament at the Rockland Country Club. The tournament is one of STAC's premier fundraising events and a "driving" force
The Betesh Group signs lease for 18,000 s/f in Ironside Newark
June 14, 2022
Newark, NJ Edison Properties, a privately-owned real estate holding and development company, has signed a 15-year lease with The Betesh Group, a privately held, multi-million dollar consumer products company, for 18,000 s/f of office space in Ironside
Five Below is opening in Nassimi Realty-owned Botany Plaza
June 14, 2022
Clifton, NJ Five Below, the American chain of specialty discount goods, is opening a location as a new tenant at Botany Plaza. The space is approximately 10,000 s/f and construction will begin this month, with
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LIREG executive board elects new slate of officers
June 14, 2022
Westbury, NY The executive board of the Long Island Real Estate Group (LIREG), a networking and philanthropic organization composed of almost 400 professionals in the real estate industry and allied trades on Long Island, recently elected a new slate
Largo arranges 95% LTC acquisition financing for office building in Winter Park, FL
June 14, 2022
Winter Park, FL Kevin Coscia, managing director at the Largo Group of Companies, secured $2.35 million in acquisition financing for a 5,000 s/f suburban office buildin. The building will be 100% owner occupied by one of the largest privately-owned, registered investment advisory firms in Central Florida
Forward rate lock - A solution for developers in the real estate industry? - by Stuart Gelb
June 14, 2022
A mortgage rate lock is an agreement between borrower and lender that allows borrowers to lock in an interest rate. If you're looking to borrow, here are a few key things you should know
Capstone closes on sale of 17,000 s/f motel for $4 million
June 14, 2022
Denver, CO Capstone has closed the sale of Travelers Uptown Motel, 17,614 s/f hospitality property for the sale price of $4 million. Sean Holamon of Capstone represented the buyer on
Jungreis and The Corbin Group at Rosewood Realty broker 13 building portfolio at bankruptcy auction
June 14, 2022
Brooklyn, NY Rosewood Realty Group's Aaron Jungreis, Greg Corbin and Chaya Milworn brokered the $19.6 million auction sale of a 13-building portfolio. The 13 properties were part of
Romer Debbas, LLP and Katz & Matz P.C. merge to form one of NYC's largest residential practices
June 14, 2022
New York, NY Romer Debbas, LLP has merged with New York City residential real estate firm Katz & Matz P.C. to form one of New York City’s largest dedicated residential real estate practice