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Federal Realty plans redevelopment at Huntington Shopping Center

Federal Realty plans redevelopment at Huntington Shopping Center

February 8, 2022
Huntington Station, NY Federal Realty Investment Trust has unveiled a complete redevelopment of Huntington Shopping Center, including the addition of
Lewis of ERG Commercial RE is sole broker in $725,000 sale

Lewis of ERG Commercial RE is sole broker in $725,000 sale

February 8, 2022
Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for $725,000. The 4,330 s/f building located at
Colliers arranges three leases totaling 13,020 s/f

Colliers arranges three leases totaling 13,020 s/f

February 8, 2022
East Setauket, NY Colliers has secured a 10-year lease for Northwell Health at Stony Brook Technology Center (SBTC). The firm also arranged two additional leases for
Metropolitan Realty Associates closes $9.6 million loan with IDB Bank

Metropolitan Realty Associates closes $9.6 million loan with IDB Bank

February 8, 2022
Bayshore, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC, (MRA) the company has closed a $9.6 million loan with
Mojo Stumer Associates honored for design of 5Pointz LIC

Mojo Stumer Associates honored for design of 5Pointz LIC

February 8, 2022
Greenvale, NY According to Mojo Stumer Associates, its recently completed project at 5Pointz LIC was recognized as Honoree by Interior Design Magazine for
Suffolk IDA preliminarily approves transaction for BG May St., LLC

Suffolk IDA preliminarily approves transaction for BG May St., LLC

February 8, 2022
Huntington Station, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction for BG May St., LLC (Blue & Gold Holdings) to invest
Hunt Corp. Commercial Real Estate Q&A: Evaluating the buyer - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Evaluating the buyer - by David Hunt

February 8, 2022
Q: We are selling an industrial building and have multiple offers that are very close. Besides price, how else would you evaluate the offers in making a final decision?
BEB Capital acquires mixed-use property for $8 million

BEB Capital acquires mixed-use property for $8 million

February 8, 2022
Port Washington, NY BEB Capital completed the acquisition of 4 Tri Harbor Court. The 47,702 s/f industrial property was previously owned by Aceto Realty Holdings,
Meridian facilitates $20.5 million refinance for Courtyard Marriott

Meridian facilitates $20.5 million refinance for Courtyard Marriott

February 8, 2022
Westbury, NY Meridian Capital Group arranged $20.5 million in financing to refinance The Courtyard Marriott, on behalf of Piermont Properties, Chartwell Hospitality, and
Stelma named CFO of Engel Burman’s Development Division

Stelma named CFO of Engel Burman’s Development Division

February 8, 2022
Jericho, NY According to Jan Burman, president of Engel Burman, William Stelma has been appointed as the company’s new chief financial officer for its
JLL Capital Markets arranges $77.36 million acquisition financing of Southpoint at Massapequa for Fairfield Properties

JLL Capital Markets arranges $77.36 million acquisition financing of Southpoint at Massapequa for Fa...

February 8, 2022
Massapequa, NY JLL Capital Markets has arranged $77.36 million in agency financing for the acquisition of Southpoint at Massapequa, a
Bestreich Realty Group closes three sales transactions - $6.61 million

Bestreich Realty Group closes three sales transactions - $6.61 million

February 8, 2022
Brooklyn, NY Bestreich Realty Group (BRG) completed the following transactions: 169 Greenpoint Ave. in Greenpoint, Brooklyn for
KZA Realty secures lease 3,200 s/f medical space

KZA Realty secures lease 3,200 s/f medical space

February 8, 2022
New York, NY KZA Realty Group has secured the five-year lease of medical space in the Throgs Neck portion of the Bronx. The space, which is located inside a
Peak Capital Advisors buys multifamily for $3.875m; Nir Mor serves as broker

Peak Capital Advisors buys multifamily for $3.875m; Nir Mor serves as broker

February 8, 2022
New York, NY Peak Capital Advisors, led by David Gomez and Alex Rabin, have purchased a multifamily building located at 507 8th Ave. for $3.875 million.
MJM+A Architects PLLC honored by Maspeth Federal Savings

MJM+A Architects PLLC honored by Maspeth Federal Savings

February 8, 2022
New York, NY MJM+A Architects PLLC was honored to attend the Queens & Bronx Building Association’s Building Awards Gala where they received an award for the restoration and
Houlihan Commercial hires eight new brokers

Houlihan Commercial hires eight new brokers

February 8, 2022
Rye Brook, NY Houlihan Lawrence Commercial continues to expand with eight new brokers joining its staff. The new brokers are
Polovetsky and Sanchez join Herrick, Feinstein LLP

Polovetsky and Sanchez join Herrick, Feinstein LLP

February 8, 2022
New York, NY According to Herrick, Feinstein LLP, eminent domain attorneys Jennifer Polovetsky, Esq. and Philip Sanchez, Esq. have joined the firm.
Cord Meyer Development welcomes Simone

Cord Meyer Development welcomes Simone

February 8, 2022
Queens, NY John Simone, a senior real estate executive with over 30 years of experience in all asset classes, has joined Cord Meyer Development Co. as COO. The announcement was made by Cord Meyer president and CEO Matthew Whalen.
Global One R.E. Fund acquires 357-unit Evergreen Gardens

Global One R.E. Fund acquires 357-unit Evergreen Gardens

February 8, 2022
New York, NY Global One Real Estate Fund, an affiliate of Nelson Management Group, has added to its portfolio, a 357-unit multifamily complex,
Berry, Weisblum and Gravina of C&W arrange $14.9 million sale of 25 units

Berry, Weisblum and Gravina of C&W arrange $14.9 million sale of 25 units

February 8, 2022
New York, NY Cushman & Wakefield has arranged the sale of 240 East 90th St., a 25-unit multifamily building located in the Upper East Side neighborhood of