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Desai joins AmTrust Title Insurance Co.

Desai joins AmTrust Title Insurance Co.

October 19, 2021
New York, NY According to AmTrust Title Insurance Company’s New York Agency Division, Priti Desai has been named the new head of technology.
Simoncic of FDT appointed as Nassau County Bar Assoc. municipal law and land use committee chair

Simoncic of FDT appointed as Nassau County Bar Assoc. municipal law and land use committee chair

October 19, 2021
Uniondale, NY According to Forchelli Deegan Terrana LLP, Judy Simoncic was appointed chair of the Nassau County Bar Association’s municipal law and land use committee.
Company of the Month: Axylyum Charter introduces AXY Wrap and changes the landscape of lending

Company of the Month: Axylyum Charter introduces AXY Wrap and changes the landscape of lending

October 19, 2021
New York, NY The New York Real Estate Journal had the pleasure of sitting down with Axylyum Charter, this month’s Company of the Month, for an interactive question and answer session.
Elite Builders & Management completes ornamental steel project in Queens

Elite Builders & Management completes ornamental steel project in Queens

October 19, 2021
Queens, NY Elite Builders & Management (EBM), a New York-based M/WBE design-build company specializing in ornamental, structural, and miscellaneous steel, completed the
Oak & Avery Group closes five sales: $6.298 million total

Oak & Avery Group closes five sales: $6.298 million total

October 19, 2021
White Plains, NY The Oak & Avery Group completed the following:
Joyce joins Syska Hennessy as senior associate

Joyce joins Syska Hennessy as senior associate

October 19, 2021
New York, NY Charles Joyce, PE, has joined the NYC headquarters of Syska Hennessy as a senior associate. In this capacity, he oversees evaluations of
Jungreis and Pappas of Rosewood facilitate $7.25 million multifamily sale

Jungreis and Pappas of Rosewood facilitate $7.25 million multifamily sale

October 19, 2021
Brooklyn, NY Rosewood Realty Group completed the sale of a 43-unit multifamily building in Bay Ridge, for $7.25 million. The 30,000 s/f building at
Commercial real estate is due for a correction, and COVID-19 wasn’t it - by Beau Jones

Commercial real estate is due for a correction, and COVID-19 wasn’t it - by Beau Jones

October 19, 2021
The word “recovery” comes up a lot these days, describing everything from recent job gains to resurgent lending and transaction volume in commercial real estate.
Question of the Month: Has wifi left the building? Comm’l. property owners in NY and NJ embrace iDAS technology - by Robert Bianco

Question of the Month: Has wifi left the building? Comm’l. property owners in NY and NJ embrace iD...

October 19, 2021
As more and more enterprises and commercial properties in the tri-state area move to 5G, small cell and Distributed Antenna System (DAS) deployments will be critical. Small cell technology
Greystone arranges $35 million ground/leasehold construction financing for Young Cos. project

Greystone arranges $35 million ground/leasehold construction financing for Young Cos. project

October 19, 2021
New Rochelle, NY Greystone has simultaneously arranged a $14 million ground lease and a $21 million leasehold construction loan for The Young Cos. The ground lease proceeds were provided by
CM Chin and LIHC Investment Group preserve affordability at 21 Spring St.

CM Chin and LIHC Investment Group preserve affordability at 21 Spring St.

October 19, 2021
Manhattan, NY Council member Margaret Chin and LIHC Investment Group completed a deal to preserve the affordability of 152 rental homes at Little Italy Restoration Apartments (LIRA), located at
Denham Wolf markets two properties for AHRC NYC totaling 131,995 s/f

Denham Wolf markets two properties for AHRC NYC totaling 131,995 s/f

October 19, 2021
Queens, NY Denham Wolf Real Estate Services (Denham Wolf) and client AHRC New York City (AHRC NYC) put two properties – 32-03 and 31-17 39th Ave. – on the market, a combination of
JLL Capital Markets handles $88.5 million transaction in LIC

JLL Capital Markets handles $88.5 million transaction in LIC

October 19, 2021
New York, NY JLL Capital Markets completed the $88.5 million sale of a development site and arranged equity capitalization for the site acquisition and project development within an Opportunity Zone in Long Island City.
Carswell of Largo Capital secures $20.85m in financing

Carswell of Largo Capital secures $20.85m in financing

October 19, 2021
Manhattan, NY Dave Carswell, managing director of Largo Capital’s local office, secured $20.85 million in financing for three industrial properties.
Misconception: Title insurance companies make the most money in a transaction - by Jason Hudson and Dorian Lam

Misconception: Title insurance companies make the most money in a transaction - by Jason Hudson and ...

October 19, 2021
There are many common misconceptions about title companies. Today, we’ll cover one of them and outline the real story.
Queens Chamber of Commerce honors Zara Realty

Queens Chamber of Commerce honors Zara Realty

October 19, 2021
Queens, NY The Queens Chamber of Commerce Foundation held its annual charity golf outing at Garden City Country Club, attended by over 250 business leaders representing
Cushman & Wakefield handles 15-building portfolio sale: $114.2 million

Cushman & Wakefield handles 15-building portfolio sale: $114.2 million

October 19, 2021
New York, NY Cushman & Wakefield arranged the sale of the interstate industrial portfolio, which consists of 15 buildings spanning
Westchester County IDA approves two projects—total private investment of $755 million

Westchester County IDA approves two projects—total private investment of $755 million

October 19, 2021
White Plains, NY The Westchester County Industrial Development Agency (IDA) has voted final approval of financial incentives for two major
Tuccillo of Marcus & Millichap brokers $118 million multifamily sale with Bick of S. Charaton Realty

Tuccillo of Marcus & Millichap brokers $118 million multifamily sale with Bick of S. Charaton Realty...

October 19, 2021
Port Jefferson Station, NY Marcus & Millichap brokered the sale of The Vistas of Port Jefferson, a 244-unit, age 55-plus multifamily property. The asset sold for
Domenico of Progress Capital secures $27 million acquisition loan for 171-unit multifamily property

Domenico of Progress Capital secures $27 million acquisition loan for 171-unit multifamily property

October 5, 2021
Kearny, NJ Brad Domenico of Progress Capital secured a $27 million loan for the acquisition of “General Kearny Apartments,” a six-building multifamily property located at