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Company of the Month: Pyramid Brokerage Company celebrates 50 years of success in commercial real estate

Company of the Month: Pyramid Brokerage Company celebrates 50 years of success in commercial real es...

June 1, 2021
Syracuse, NY Today, Pyramid Brokerage Company is aligned to do business globally and dominates the upstate New York commercial real estate market.
Lantern Real Estate arranges $24.2 million acquisition financing for 100-unit property in Westchester County

Lantern Real Estate arranges $24.2 million acquisition financing for 100-unit property in Westcheste...

June 1, 2021
Port Chester, NY Lantern Real Estate has secured a $24.2 million loan for the acquisition of The Mariner, a best-in-class, LEED-Silver certified, 100-unit residential property located at
O’Brien and Peters of M.C. O’Brien facilitate nine leases totaling 14,715 s/f

O’Brien and Peters of M.C. O’Brien facilitate nine leases totaling 14,715 s/f

June 1, 2021
New York, NY M.C. O’Brien, Inc. closed several lease transactions, during the first quarter of 2021. M.C. O’Brien leased 1,200 s/f to
Stenson of Brax Realty brokers $3.5 million sale

Stenson of Brax Realty brokers $3.5 million sale

June 1, 2021
Manhattan, NY According to Alan Stenson, senior director of locally-based investment sales brokerage firm, Brax Realty brokered the sale of a
Kaufman Dolowich & Voluck opens Westchester office

Kaufman Dolowich & Voluck opens Westchester office

June 1, 2021
White Plains, NY Kaufman Dolowich & Voluck LLP (KDV) is expanding its presence in the New York metropolitan area with the opening of an office in Westchester, its
Urban Standard Capital places $8.7m construction loan for Spencer Developers

Urban Standard Capital places $8.7m construction loan for Spencer Developers

June 1, 2021
Brooklyn, NY Urban Standard Capital, (USC) delivered a $8.7 million construction completion loan to Spencer Developers to finish a gut renovation of a previously blighted, three-story
Completion guarantees in ground leases: What are they good for? - by Dena Cohen

Completion guarantees in ground leases: What are they good for? - by Dena Cohen

June 1, 2021
There is no shortage of discussion among lawyers about the utility of completion guarantees. In a typical development ground lease, the landlord selects a developer to
Savanna secures $264 million construction financing for 141 Willoughby project

Savanna secures $264 million construction financing for 141 Willoughby project

June 1, 2021
Brooklyn, NY Savanna, real estate investment manager and developer, has completed the construction financing of the 141 Willoughby St. development
Emerald Creek Capital provides $55 million loan

Emerald Creek Capital provides $55 million loan

June 1, 2021
Manhattan, NY Real estate lender Emerald Creek Capital (ECC) closed a $55 million bridge loan on the northeastern corner of Union Sq. The loan is secured by a
Digital Marketing: Building a great social media strategy - by Kimberly Zar Bloorian

Digital Marketing: Building a great social media strategy - by Kimberly Zar Bloorian

June 1, 2021
Keeping a low profile and staying under the radar is no longer an option in the New York-area commercial real estate industry. If you’re aiming to be a leader in
Tishman Speyer completes agreement with  St. Francis College for 255,091 s/f at The Wheeler

Tishman Speyer completes agreement with St. Francis College for 255,091 s/f at The Wheeler

June 1, 2021
Brooklyn, NY Tishman Speyer completed a long-term agreement with St. Francis College to create a newly-designed and fully-customized campus at
Cronheim finances 84-unit multifamily: $5.8 million

Cronheim finances 84-unit multifamily: $5.8 million

June 1, 2021
Montgomery, NY Cronheim Mortgage has arranged $5.8 million in financing for Water Wheel Apartments in Orange County. The loan was placed with CMFG
Bortz of Kislak Co. exclusively sells 150-unit multifamily property for $19 million

Bortz of Kislak Co. exclusively sells 150-unit multifamily property for $19 million

June 1, 2021
Middletown, NY The Kislak Co. closed the sale of Crestwood Apartments, a 150-unit multifamily property located at 92 Fitzgerald Dr., for $19 million.
Quinlan Development Group breaks ground on 17-story 230 Classon Ave.

Quinlan Development Group breaks ground on 17-story 230 Classon Ave.

June 1, 2021
Brooklyn, NY Quinlan Development Group, a privately-owned real estate investment and development firm, has broken ground on its newest project at 230 Classon Ave., on the
Simon of Admiral RE and Levine of Charter Realty & Dev. bring Restore Hyper Wellness to Mount Kisco

Simon of Admiral RE and Levine of Charter Realty & Dev. bring Restore Hyper Wellness to Mount Kisco

May 18, 2021
Mount Kisco, NY According to Admiral Real Estate Services Corp., Restore Hyper Wellness will be opening a new location in Mount Kisco Commons Shopping Center at
Windsor Management provides office tenants with exclusive retail incentive program

Windsor Management provides office tenants with exclusive retail incentive program

May 18, 2021
Manhattan, NY As the weather improves and the Open Restaurants program gears up, Windsor Management is expanding the Windsor Club Card incentive program it launched
NY brokers accelerate their use of technology to track the market, get deals done - by Steve Humphreys

NY brokers accelerate their use of technology to track the market, get deals done - by Steve Humphre...

May 18, 2021
The pandemic’s impact on commercial real estate has been inconsistent at best, but behind the scenes the people who make Tri-State area brokerages work have been toiling to make the most of opportunities by making
LERA named finalist in Sunnyside Yards Competition with project partners daab design and Buro Happold

LERA named finalist in Sunnyside Yards Competition with project partners daab design and Buro Happol...

May 18, 2021
New York, NY The winners of the 2021 Metals in Construction Design Challenge competition have been revealed. The competition asked design teams to create a new
NY Building Congress releases decarbonizing report

NY Building Congress releases decarbonizing report

May 18, 2021
New York, NY The New York Building Congress released a report that outlines an approach for decarbonizing the building and construction industry. New York must not only continue to