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Top 2021 legal developments affecting New York’s commercial real estate industry - by Thomas Kearns

Top 2021 legal developments affecting New York’s commercial real estate industry - by Thomas Kearn...

January 25, 2022
My year end article last year started with: “2020 will be remembered for COVID-19 and more COVID-19.” 2021 has most definitely not been a return to normal and the
Markel of Cresa arranges 5,835 s/f lease for Meltzer, Lippe, Goldstein & Breitstone, LLP

Markel of Cresa arranges 5,835 s/f lease for Meltzer, Lippe, Goldstein & Breitstone, LLP

January 25, 2022
Manhattan, NY Cresa Global Inc. vice president Nicholas Markel has arranged a lease for Meltzer, Lippe, Goldstein & Breitstone, LLP at 70 East 55th St.
DeSousa joins Nelson + Pope as project manager

DeSousa joins Nelson + Pope as project manager

January 25, 2022
New York, NY Nelson + Pope welcomed Isabel DeSousa as a project manager to their Architectural Department. DeSousa brings strengths to the table in coding, permitting, zoning analysis,
Kaye and Listhaus of Rockledge purchase 90,060 s/f for $13.225m with Hungerford of PH Realty Capital

Kaye and Listhaus of Rockledge purchase 90,060 s/f for $13.225m with Hungerford of PH Realty Capital...

January 25, 2022
Manhattan, NY In partnership with Peter Hungerford of PH Realty Capital, David Kaye and Joe Listhaus of Rockledge purchased three contiguous buildings in
ERG Commercial Real Estate promotes Lewis to managing director

ERG Commercial Real Estate promotes Lewis to managing director

January 25, 2022
Carle Place, NY ERG Commercial Real Estate has promoted Ryan Lewis from senior advisor to managing director at the Long Island-based investment sales, finance
SRS’ National Net Lease Group brokers sale of WellNow Urgent Care assets: $11.97 million total

SRS’ National Net Lease Group brokers sale of WellNow Urgent Care assets: $11.97 million total

January 25, 2022
Syracuse, NY SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed four sales of WellNow Urgent Care-occupied assets totaling
Ferrara of Brax Realty is sole broker for $15 million Manhattan sale

Ferrara of Brax Realty is sole broker for $15 million Manhattan sale

January 25, 2022
Manhattan, NY According to Michael Ferrara, managing principal of Brax Realty, they have completed the sale of a 12,648 s/f mixed-use building in Greenwich Village.
SDA New York establishes A/E/C Advisory Board

SDA New York establishes A/E/C Advisory Board

January 25, 2022
New York, NY The SDA New York Chapter has established an Advisory Board of A/E/C industry experts who will contribute their knowledge, wisdom, experience, and
Keystone hires Fiftal as real estate analyst

Keystone hires Fiftal as real estate analyst

January 25, 2022
Jericho, NY Keystone National Properties (KNPRE), a sponsor of impact and tax advantaged investments, has hired James Fiftal as real estate analyst, in support of
Logical Buildings closes $10 million funding round, led by Keyframe Capital

Logical Buildings closes $10 million funding round, led by Keyframe Capital

January 25, 2022
New York, NY Logical Buildings, the industry-leading sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the
Construction Law: Arbitration and alternative dispute resolution - by C. Jaye Berger

Construction Law: Arbitration and alternative dispute resolution - by C. Jaye Berger

January 25, 2022
Arbitration as a dispute resolution vehicle has been around for a long time. However, the wide and popular use of Zoom has made it even more appealing at
Klosed Properties buys 13,245 s/f Bronx building for $1.75 million

Klosed Properties buys 13,245 s/f Bronx building for $1.75 million

January 25, 2022
Bronx, NY Klosed Properties’ Steven Kachananian and Adam Hajibai completed the acquisition of 336 East 166th St. The sale price was
Bestreich Realty Group brokers six transactions totaling $24.9 million

Bestreich Realty Group brokers six transactions totaling $24.9 million

January 25, 2022
New York, NY Bestreich Realty Group (BRG) closed the following transactions: 54 West 10th St. in Greenwich Village sold for $6 million. This property is
Great Point Studios celebrates opening of Lionsgate Studios Yonkers

Great Point Studios celebrates opening of Lionsgate Studios Yonkers

January 25, 2022
Yonkers, NY Great Point Studios officially opened the doors to its Lionsgate Studios Yonkers, which will be one of the largest modern-built film and
Regency Centers acquires 400,000 s/f Long Island portfolio from Serota Properties – $130 million sale

Regency Centers acquires 400,000 s/f Long Island portfolio from Serota Properties – $130 million s...

January 25, 2022
Valley Stream, NY Regency Centers Corp., acquired a four-property portfolio on Long Island from Serota Properties. Combined, these centers represent 400,000 s/f of retail for a total purchase price of
Kassin & Pollan of Kassin Sabbagh Realty complete $34.55 million industrial sale

Kassin & Pollan of Kassin Sabbagh Realty complete $34.55 million industrial sale

January 11, 2022
Philadelphia, PA Joseph Kassin and Steven Pollan of Kassin Sabbagh Realty announced the sale of 11601 Caroline Rd., 11631 Caroline Rd.,
MJM+A Architects PLLC celebrates award for Maspeth Federal Savings at the Queens & Bronx Building Association Building Awards Gala

MJM+A Architects PLLC celebrates award for Maspeth Federal Savings at the Queens & Bronx Building As...

January 11, 2022
MJM+A Architects PLLC (MJM+A) received an award for the restoration and design of the Forest Hills Branch of Maspeth Federal Savings in Queens from Queens & Bronx Building
Lancewood Capital closes over $25 million in recent loans

Lancewood Capital closes over $25 million in recent loans

January 11, 2022
New York, NY Lancewood Capital, a New York-based family office focused on commercial real estate debt investment opportunities in the $1-50 million space, announced the following recent transactions
Kennedy Funding opens new U.S. headquarters

Kennedy Funding opens new U.S. headquarters

January 11, 2022
Englewood Cliffs, NJ Kennedy Funding, one of the largest direct private lenders in the United States is entering a new stage of growth. The Englewood Cliffs
Brix Advisors brokers two Bronx commercial properties totaling $4.17 million

Brix Advisors brokers two Bronx commercial properties totaling $4.17 million

January 11, 2022
New York, NY Brix Advisors announced the sale of 1149 Nelson Ave., 122 West 167th St. and 128 West 167th St., an assemblage of three adjoining mixed-use properties