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Berkadia secures $84 million financing for Emmut Properties

Berkadia secures $84 million financing for Emmut Properties

January 25, 2022
Manhattan, NY Berkadia has secured stretch senior financing for developer Emmut Properties’ acquisition of Excelsior Hotel, a century-old landmark hotel on
BFC Partners closes $151 million Bay St. project in Staten Island

BFC Partners closes $151 million Bay St. project in Staten Island

January 25, 2022
Staten Island, NY BFC Partners, the Brooklyn-based mixed-use and mixed-income developer with projects in all boroughs and Buffalo, closed their
Lipton and Levine of Invictus Property Advisors handle UWS portfolio sale: $8.05 million

Lipton and Levine of Invictus Property Advisors handle UWS portfolio sale: $8.05 million

January 25, 2022
Manhattan, NY Invictus Property Advisors closed the sale of a portfolio of properties located on the Upper West Side. The sale price was
Marcus & Millichap exclusively sell 5,000 s/f site at 163 Bleecker for $4.5m

Marcus & Millichap exclusively sell 5,000 s/f site at 163 Bleecker for $4.5m

January 25, 2022
Manhattan, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the
Borough of Naugatuck releases RFP

Borough of Naugatuck releases RFP

January 11, 2022
Naugatuck, CT According to the borough of Naugatuck, located on the Waterbury Branch/Metro North train line along the Rte. 8 corridor, 5 miles south of Rte. 84, a RFP has been
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