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Madison Capital and Salmar Properties close 79,053 s/f lease

Madison Capital and Salmar Properties close 79,053 s/f lease

February 8, 2022
Brooklyn, NY Madison Capital and Salmar Properties have closed a 79,053 s/f lease at Liberty Bklyn, 850 Third Ave., with new tenant, Care/of.
Schertz of Schuckman Realty sells multifamily property for $3.35m

Schertz of Schuckman Realty sells multifamily property for $3.35m

February 8, 2022
Manhattan, NY Schuckman Realty handled the sale of a multifamily building at 670 193rd St. in the Washington Heights neighborhood. The building, which is
REBNY and Coro New York Leadership Center name new REBNY fellows class

REBNY and Coro New York Leadership Center name new REBNY fellows class

February 8, 2022
New York, NY The Real Estate Board of New York (REBNY), and Coro New York Leadership Center are celebrating the newest cohort of REBNY Fellows.
Lancewood Capital provides $6.45m bridge loan

Lancewood Capital provides $6.45m bridge loan

February 8, 2022
New York, NY Lancewood Capital provided a $6.45 million bridge loan to finance the remaining construction of a luxury single-family townhouse in the
Thorofare Capital provides $15.7m financing for KPG, Lasalle Global, and Goldman Sachs partnership's acquisition of 40 Crosby

Thorofare Capital provides $15.7m financing for KPG, Lasalle Global, and Goldman Sachs partnership's...

February 8, 2022
New York, NY Thorofare Capital, Inc., an affiliate of Callodine Group, provided a $15.7 million in first mortgage financing to a partnership of KPG Funds, LaSalle Global Partner Solutions, and
Welco represents Polizzotto Family LP in sale of former Modell’s property to Raymour & Flannigan

Welco represents Polizzotto Family LP in sale of former Modell’s property to Raymour & Flannigan

February 8, 2022
New York, NY Jerry Welkis, president of Welco Realty, represented The Polizzotto Family Limited Partnership on the  sale of the former Modell’s property
TerraCRG brokers $30m sale of 98,000 s/f industrial site at 360 Kingsland Ave.

TerraCRG brokers $30m sale of 98,000 s/f industrial site at 360 Kingsland Ave.

February 8, 2022
Brooklyn, NY TerraCRG closed on the $30 million sale of a 98,000 s/f industrial site located at 360 Kingsland Ave. in Greenpoint. Dan Marks and Daniel Lebor,
SCALE Lending closes $55 million construction loan for 959 Sterling Place

SCALE Lending closes $55 million construction loan for 959 Sterling Place

February 8, 2022
Brooklyn, NY SCALE Lending completed a $55 million construction loan at 959 Sterling Place in Crown Heights. The 150,000 s/f, 7-story development will
Gavin and Singer of Heller Org. arrange long-term lease for T-Bar: 4,500 s/f

Gavin and Singer of Heller Org. arrange long-term lease for T-Bar: 4,500 s/f

February 8, 2022
New York, NY Michael Gavin, managing director, and Joshua Singer, vice president/head of retail for the Heller Organization arranged a
Mount Pleasant IDA awards Trinity Assocs. to develop 408 Elwood Ave. site

Mount Pleasant IDA awards Trinity Assocs. to develop 408 Elwood Ave. site

February 8, 2022
Mount Pleasant, NY The town Industrial Development Agency selected Trinity Associates to build a transit-oriented mixed-use project that will help begin the revitalization for the downtown area of the
Public Relations: Tips for achieving desired results with PR counsel - by Harry Zlokower

Public Relations: Tips for achieving desired results with PR counsel - by Harry Zlokower

February 8, 2022
You have done everything right: Vetting resumes, references, samples, even fees or salaries, yet something is not altogether there yet. Now that you have a
Feil Org. to redevelop 38,555 s/f for Suffolk County Dept. of Social Services

Feil Org. to redevelop 38,555 s/f for Suffolk County Dept. of Social Services

February 8, 2022
Riverhead, NY The Feil Organization will redevelop a portion of a former Kmart into a 38,555 s/f turnkey office for the Suffolk County Department of
JLL Capital Markets arranges $4.8 million loan for industrial acquisition

JLL Capital Markets arranges $4.8 million loan for industrial acquisition

February 8, 2022
Clifton Park, NY JLL Capital Markets has arranged $4.8 million in acquisition financing for a fully leased, 79,625 s/f, single-tenant industrial
GFI Capital Resources secures $195 million refinancing of The Beekman hotel

GFI Capital Resources secures $195 million refinancing of The Beekman hotel

February 8, 2022
Manhattan, NY An affiliate of GFI Capital Resources has completed a $195 million refinancing of The Beekman, a Thompson Hotel managed by Hyatt Hotels Corp. The deal included a
Parkview Financial provides $66 million construction loan

Parkview Financial provides $66 million construction loan

February 8, 2022
Brooklyn, NY Parkview Financial has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment
Parkview Financial opens NYC office as loan origination activity intensifies

Parkview Financial opens NYC office as loan origination activity intensifies

February 4, 2022
New York, NY Parkview Financial, a direct private lender specializing in construction and short-term bridge loans, is pleased to announce it has opened a New York City
JLL Capital Markets arranges loan for purchase of 241 Oraton St. in Port Industrial submarket

JLL Capital Markets arranges loan for purchase of 241 Oraton St. in Port Industrial submarket

January 25, 2022
Newark, NJ JLL Capital Markets announced that it has arranged acquisition financing for a 131,205 s/f, single-tenant industrial warehouse and distribution
Tormenta joins Laland Baptiste and Baptiste Engineering as principal partner

Tormenta joins Laland Baptiste and Baptiste Engineering as principal partner

January 25, 2022
New York, NY Laland Baptiste, a professional construction management services firm, and Baptiste Engineering, a professional civil engineering design firm, announced that
Two downtown Westchester movie theaters reopening

Two downtown Westchester movie theaters reopening

January 25, 2022
Admiral Real Estate Services Corp. announced that two Westchester downtown movie theaters will be reopening this winter and spring:  Mt. Kisco Movie Theatre
Blumenfeld Development Group earns national honor for The SMILE property

Blumenfeld Development Group earns national honor for The SMILE property

February 4, 2022
Syosset, NY The Blumenfeld Development Group (BDG) and Bjarke Ingels Group (BIG) were named one of seven national award winners for the prestigious Jack Kemp Excellence in Affordable