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Largo Capital secures four loans totaling over $25.36 million in financing
April 20, 2021
Canandaigua, NY Largo Capital secured four loans totaling over $25.36 million. Max Dowd of Largo Capital’s Rochester office secured a $1.86 million acquisition loan for a 30-unit multifamily property. Dowd negotiated a low fixed rate with a 10-year term and 25-year amortization
The CRE industry needs community garden spaces - by Farris Wu
April 20, 2021
COVID-19 has brought renewed focus on mental health and wellness. And as a return to activity is re-imagined and reconsidered, sustainable architecture and green building design will be a primary priority for commercial real estate industry experts, to fulfill new needs and attract demand.
Resolution RE Partners arranges three new leases
April 20, 2021
New York, NY Evan Lieberman, senior director/leasing, Resolution Real Estate Partners LLC has arranged new leases for three fashion companies in the Garment District, comprising Sinova Fashions, Starwear Distributors LLC,
Skyline Properties brokers ground lease at Haymarket office building
April 20, 2021
New York, NY With the completion of the 99-year ground lease of the 86,000 s/f at the Haymarket Building, 135 West 29th St., to the Kaufman Organization, this marks Skyline Properties third office building transaction
Grand Lux Realty opens new office at 101 King St. in Chappaqua, NY
April 20, 2021
Chappaqua, NY Grand Lux Realty, a locally owned brokerage firm in Westchester County and the lower Hudson Valley, has officially opened the company’s new office, located at 101 King St.
2021 NYC hotel market dynamics: Opening up - by Anudeep Gosal
April 20, 2021
Arguably the greatest need at present for the hospitality industry in New York City is for patient capital. The traditional capital stack is not geared for a very long horizon. The 3 to 5-year yield driven model is now obsolete.
Island Harvest Food Bank acquires 43,000 s/f
April 20, 2021
Melville, NY Island Harvest Food Bank, Long Island’s leading hunger-relief organization, completed the purchase of a 43,000 s/f building at 126 Spagnoli Rd., according to Randi Shubin Dresner, president & CEO. The facility
TerraCRG sells Bushwick multifamily for $1.895 million
April 20, 2021
Brooklyn, NY TerraCRG has closed on the sale of a three-unit gut renovated property at 1041 Jefferson Ave. in Bushwick. TerraCRG partner Matt Cosentino exclusively represented the seller, Chaim Halberstam, in the off-market transaction.
Yonkers Industrial Development Agency approves three development projects totaling $144.3 million
April 20, 2021
Yonkers, NY The Board of Directors of the Yonkers Industrial Development Agency (IDA) has voted preliminary approval of financial incentives for three new development projects – Horizon at Ridge Hill, Hudson Hill and a CubeSmart storage facility. The three projects, which received preliminary approval at the IDA’s March 25 meeting, represent a total private investment of $144.3 million and are expected to create over 200 construction jobs.
Conway Capital acquires two mixed-use buildings in Park Slope for $7.9 million - plans to renovate a...
April 20, 2021
Brooklyn, NY Abe Cohen’s Conway Capital has closed on a $7.9 million purchase of two mixed-use buildings in Park Slope located across the street from each other. The purchase was an all-cash buy between Conway and his partner, The Mactaggart Family.
The value of engaging an owner rep in “Phase 1” - by Alen Gershkovich
April 8, 2021
Owner reps have seen it all when it comes to construction project disasters and the inevitable recovery. Inspiron gets called to revitalize a project during many different phases. While an owner rep wears a wide range of hats during any
Fordham Real Estate Institute launches new academic offering: Master of Science in Construction Mana...
April 6, 2021
New York, NY The Fordham Real Estate Institute (REI) is launching its newest academic offering to meet the growing demand for one of the
For real estate owners and investors, it’s digitize or fall behind - by Mike Sroka
April 6, 2021
Real estate has often been called an old-fashioned business due to the emphasis on relationships and human intuition, but recent history shows that commercial real estate is an industry increasingly
Maffia of Janover appointed to the State Board of Public Accountancy by The University of New York
April 6, 2021
New York, NY According to Janover LLC, partner Joseph Maffia, CPA, CGMA, on his appointment by The University of the State of New York as
Meridian’s Team Hess sells a mixed-use property in Park Slope, Brooklyn for $3.7 million
April 6, 2021
Brooklyn, NY Meridian’s Adam Hess and Edward Setton recently sold 138 St. Marks Pl., a mixed-use property in the Park Slope neighborhood.
Fordham Real Estate Institute hosts third event in its Visionary Series: The Future Role of CRE
April 6, 2021
New York, NY The Fordham Real Estate Institute (REI) held the third event in its Visionary Series CCL: The Future Role of CRE, a five-year campaign tied to the 250th anniversary of
Skyline Properties brokers off-market ground lease of the Haymarket Office Building
April 6, 2021
New York, NY With the completion of the 99-year ground lease of the 86,000 s/f Haymarket Building (135 West 29th St.) to the Kaufman Organization
IREON to host Spring Webinar, Monday April 19, 4-5PM: “What CRE Owners, Developers & Occupiers Nee...
April 6, 2021
New York, NY IREON, a vendor business development organization, hosts “What CRE Owners, Developers & Occupiers Need from
IREON welcomes Matrix Technology Group onto its membership roster
April 6, 2021
Westbury, NY IREON welcomes Matrix Technology Group (MTG) onto its membership roster to hold the exclusive category of Information Technology, Network Infrastructure, Audiovisual Applications, and Unified Communications.
Rosewood Realty Group’s National Division closes $6.625 million multifamily sale in Florida
April 6, 2021
Tampa, FL Rosewood Realty’s Jonathan Brody, Ariya Momeny and Alan Soclof facilitated the $6.625 million sale of Keystone Palms Apartments,