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DH Property Holdings sells Red Hook logistics center for $45m
December 14, 2021
New York, NY DH Property Holdings, LLC has sold 55 Bay St., an 83,000 s/f distribution facility in Red Hook, Brooklyn, to Brookfield for $45 million.
Warshauer and Davis of Colliers secures 89,488 s/f, 10-year lease
December 14, 2021
Ridgewood, NY Colliers has secured a 10-year, 89,488-s/f lease for ReadySpaces, a provider of small-scale, highly flexible shared warehousing, office space, and
Meridian Capital Group arranges $68.5m in construction financing
December 14, 2021
New York, NY Meridian Capital Group arranged a total of $68.5 million in construction financing for a mixed-use development in Brooklyn.
CBRE arranges 100,000 s/f in office leases at 40 West 57th St.
December 14, 2021
New York, NY CBRE has completed five office leases totaling 100,000 s/f at 40 West 57th St. in the city’s Plaza District.
Digital Marketing: Wake up! It’s 2022! - by Kimberly Zar Bloorian
December 14, 2021
You can’t go through an (almost) two-year global pandemic and not expect some things to change. For the real estate industry, as the market fluctuates, marketing constantly
Babylon IDA finalizes transaction for $15.8 million investment with National Compressor Exchange, I...
December 14, 2021
Babylon, NY The Town of Babylon Industrial Development Agency (IDA) approved a transaction to bring National Compressor Exchange, Inc. from Queens to Farmingdale.
Walker & Dunlop structures $160m on behalf of RXR for Sawyer Place
December 14, 2021
Yonkers, NY Walker & Dunlop, Inc structured $160 million in financing for Sawyer Place, a recently-built, class A multifamily building. Completed in 2020, the
Avison Young arranges $204m for Taconic and National RE Advisors
December 14, 2021
Manhattan, NY According to Avison Young, its Tri-State Debt & Equity Finance Group has arranged a $204 million construction loan on behalf of Taconic Partners and
Manhattan Skyline Management Corp. inks lease at 275 Greenwich St.
December 14, 2021
New York, NY Manhattan Skyline Management Corp. finalized an agreement with Two Kids and A Dog to open its second New York City location at
Daniel Gale Sotheby’s International Realty opens new Astoria office at 2807 Ditmars Blvd.
December 14, 2021
New York, NY Daniel Gale Sotheby’s International Realty has officially opened the doors to its new Astoria office at 2807 Ditmars Blvd. The office, which first opened in
Artusa and McGratty of Silverstein Properties arrange lease to BARK
December 14, 2021
New York, NY According to Silverstein Properties, The Original BARK Company, a leading global omni-channel brand for dogs – and the company behind
Industry City celebrates ribbon cutting of 70,000 s/f Union Sq. Events HQ
December 14, 2021
Brooklyn, NY Industry City, owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co., recently celebrated the ribbon cutting and grand opening of
ERG Commercial Real Estate arranges $3m refinancing
December 14, 2021
New York, NY ERG Commercial Real Estate has arranged a $3 million refinance/cash out loan to the owner of a Gowanus warehouse that is
Bergman named president/CEO of Eastern Union
December 14, 2021
New York, NY Abraham Bergman has assumed the positions of president and CEO of Eastern Union. He had previously served as Eastern Union’s managing partner since co-founding the firm with Ira Zlotowitz in 2001.
Anton and Lee of Marcus & Millichap broker $55.5m sale of 531-room hotel
December 14, 2021
New York, NY Marcus & Millichap completed the sale of Martinique New York on Broadway, a 531-room landmark hotel on the corner of 32nd St. and Broadway.
American Lions receives $95m in financing for 27-01 Jackson Ave. project
December 14, 2021
New York, NY According to American Lions, LLC, a joint venture between Fetner Properties and the Lions Group, its first project, 27-01 Jackson Ave., is fully financed, with
Edward Minskoff and JLL complete 120,720 s/f in leases at 1166 Avenue of the Americas
December 14, 2021
New York, NY Edward Minskoff Equities Inc. and JLL have completed two leasing transactions for a total of 120,720 s/f of space at 1166 Avenue of the Americas. William Blair has
Camber Property Group closes on $105 million Triboro Portfolio
December 14, 2021
New York, NY Camber Property Group completed the $105 million acquisition of the Triboro Portfolio, which features 300 units of affordable housing across
Mancini of Five Point Real Estate brokers $935,000 sale
December 14, 2021
Melville NY Five Point Real Estate handled the sale of a former AT&T location. The subject, which was vacant at the time of the sale, is located at
Commercial Classroom: Post pandemic leases - by Ed Smith
December 14, 2021
The COVID-19 pandemic has had and continues to have a profound effect on both landlords and tenants; it will change lease terms for the future.