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Cignature Realty closes $7.3 million sale of 49-unit multifamily
October 5, 2021
New York, NY Cignature Realty facilitated the sale of a 6-story multifamily elevator building for $7.275 million. The property, 655 East 228th St., has a
Argo expands with new property management division
October 5, 2021
Brooklyn Heights, NY Argo Real Estate welcomes its newest affiliate, Advance Management Services (AMS). AMS is a boutique property management firm that represents a wide range of
Goldflam of Highcap Group sells 5,712 s/f walkup for $1.27 million; sold by Trocha Family Estate
October 5, 2021
Queens, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, arranged the sale of 70-16 66th St., which sold for $1.27 million. The seller was the Trocha family that has owned the property over two generations
Delitsky and Cotsalas of NorthMarq arranges $30 million refinance for 96,019 s/f Springnex Plaza Sho...
October 5, 2021
Springfield Gardens, NY Robert Delitsky, senior vice president/managing director of NorthMarq’s New York City office and Charles Cotsalas,
Welch joins Frankfurt Kurnit Klein & Selz as chair of real estate practice
October 5, 2021
New York, NY Frankfurt Kurnit Klein & Selz, PC has added Larry Welch as a partner in the firm’s real estate group. Welch, who will be the chair of the
Walker & Dunlop arranges $57 million sale for 70,500 s/f industrial building in Queens
October 5, 2021
Queens, NY Walker & Dunlop, Inc. served as exclusive advisor in the $57.25 million sale of a 70,500 s/f, specialty industrial building. The facility and 2.9-acre parcel
Perfetto of Cohen & Perfetto named to Best Lawyers list
October 5, 2021
New York, NY For the 11th consecutive year, Louis Perfetto, the managing partner at Cohen & Perfetto LLP, has been selected by his peers for inclusion in
Elite Builders & Mgmt. doubles footprint of Chelsea restaurant; retained by Masterpiece Const.
October 5, 2021
Chelsea, NY Elite Builders & Management (EBM) has been retained by Masterpiece Construction for a 4,000 s/f multi-level expansion of a restaurant at 119 Seventh Ave.,
Construction Law - Arbitration and alternative dispute resolution - by C. Jaye Berger
October 5, 2021
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 this time in history. At one time you
Lightstone Capital refinances Westchester County project - $18 million loan to The Confluent Group
October 5, 2021
Harrison, NY Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a
SCALE Lending closes on $65.9 million construction loan
October 5, 2021
Queens, NY SCALE Lending, a Slate Property Group affiliate, closed on a $65.9 million construction loan for 26-25 4th St. in the Astoria neighborhood to
Silber Investment Properties brokers Long Island sales totaling $7.35 million
October 5, 2021
Plainview, NY Silber Investment Properties brokered the following transactions: Anthony Ciafardoni of Silber Investment Properties represented the seller, Estate of Milton Dodd for the
JLL Capital Markets arranges $176.45 million for One Boerum Place
October 5, 2021
Brooklyn, NY JLL Capital Markets arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum Place, a
Hudson Hill Partners Acquires Somers Strip Shopping Mall & Development Site
September 21, 2021
White Plains, NY - According to Hudson Hill Partners, a real estate investment firm, they have purchased a fully occupied retail shopping mall and adjacent development parcel in Somers, in Westchester County for $2.75 million
2021 Ones to Watch: Mark Montalvo, McAlpine Contracting
September 21, 2021
What recent project, transaction or accomplishment are you most proud of?
Two of my recent and current projects are both challenging and very satisfying. The new Manhattan flagship store of the luxury furniture brand Timothy Oulton was just completed on
2021 Ones to Watch: Derek Malana, Lynx Mortgage Bank LLC
September 21, 2021
What recent project, transaction or accomplishment are you most proud of?
My biggest accomplishment so far was definitely succeeding through the COVID-19 Pandemic. The pandemic obviously presented several obstacles in our business and everyday lives. Throughout the
Five ways to make money leasing your land - by Aaron Graham
September 7, 2021
If you’re a landowner, selling is not the only way to see a worthwhile ROI. In fact, leasing land, while it may take a little more of your involvement over time, can be
8 simple ways investors can evaluate retail properties - by Ben Crosby
September 21, 2021
With the worst of the pandemic—in terms of economic impact—behind us now, and 80% of American consumers reporting that they intend to spend as much or more
Westchester LDC amends preliminary approval of tax-exempt bond financing for phase 1 of senior learn...
September 21, 2021
Purchase, NY The Board of Directors of Westchester County’s Local Development Corp. (LDC) voted to amend its preliminary approval of tax-exempt bond financing for
Posner joins Moritt Hock & Hamroff Real Estate Practice Group
September 21, 2021
Garden City, NY According to the law firm of Moritt Hock & Hamroff LLP, Ilona Posner has joined the firm as counsel in its Real Estate practice group.