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Suffolk County IDA preliminarily approves  575 Broadhollow Energy LLC project

Suffolk County IDA preliminarily approves 575 Broadhollow Energy LLC project

July 20, 2021
Melville, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction for 575 Broadhollow Energy LLC for the acquisition and
Ornstein, Powers and Hines of Transwestern represent Zeta Charter Schools in 124,000 s/f lease

Ornstein, Powers and Hines of Transwestern represent Zeta Charter Schools in 124,000 s/f lease

July 20, 2021
Manhattan, NY Transwestern Real Estate Services (TRS) represented Zeta Charter Schools in a 124,000 s/f transaction that will make it the sole occupant of
Avatar Financial Group funds $4.7 million loan for Niagara Falls hotel development project

Avatar Financial Group funds $4.7 million loan for Niagara Falls hotel development project

July 20, 2021
Niagara Falls, NY Avatar Financial Group provided financing to fund a complete refurbishment and repositioning of a 58-room hotel.
Phipps Houses closes on $217 million construction financing; designed by Dattner Architects and built by Monadnock Construction

Phipps Houses closes on $217 million construction financing; designed by Dattner Architects and buil...

July 20, 2021
Brooklyn, NY Phipps Houses, one of New York City’s oldest and largest not-for-profit provider of affordable housing, has closed on $217 million in construction financing for Atlantic Chestnut 1,
Boulder Group arranges $5.55m sale of Staten Island Harley Davidson

Boulder Group arranges $5.55m sale of Staten Island Harley Davidson

July 20, 2021
Staten Island, NY The Boulder Group completed the sale of a ground leased Harley-Davidson property located at 1973 Forest Ave. for $5.55 million.
Kimco Realty releases report, hires Chernomordik

Kimco Realty releases report, hires Chernomordik

July 20, 2021
New York, NY Kimco Realty Corp., one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and
Katz & Assocs. broker lease for Harlem Shake

Katz & Assocs. broker lease for Harlem Shake

July 20, 2021
Brooklyn, NY Harlem Shake is expanding through a franchise deal for a second location. Katz & Associates’ David Yablon represented Harlem Shake through
Cresa expands New York City office, hires Parsons

Cresa expands New York City office, hires Parsons

July 20, 2021
New York, NY Cresa welcomes Ryan Parsons as an associate at the New York office. Parsons will be working with a team led by
Schuckman Realty facilitates 8,300 s/f lease for Walgreens

Schuckman Realty facilitates 8,300 s/f lease for Walgreens

July 20, 2021
Brooklyn, NY Schuckman Realty Inc. has facilitated the leasing of street level retail space at 604 Pacific St. to Walgreens Pharmacy Health & Wellness.
Industry City welcomes abc carpet & home: 20,732 s/f

Industry City welcomes abc carpet & home: 20,732 s/f

July 20, 2021
Brooklyn, NY According to Industry City, owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co., abc carpet & home, a
Polsinelli of Compass closes $8.25m package of medical office condos

Polsinelli of Compass closes $8.25m package of medical office condos

July 20, 2021
Manhattan, NY Adelaide Polsinelli, vice chairman of Compass, has closed on the sale of a package of medical office condos, at the Corinthian, located at 345 East 37th St., in the
Doe Fund receives $50,000 from Sterling National Bank for computer literacy program

Doe Fund receives $50,000 from Sterling National Bank for computer literacy program

July 20, 2021
Bronx, NY The Doe Fund received a $50,000 donation from Sterling National Bank, which will go to supporting the nonprofit’s computer skills classes.
How material costs are impacting multifamily buyers - by Marc Hershberg

How material costs are impacting multifamily buyers - by Marc Hershberg

July 20, 2021
The multifamily housing sector is a $3 trillion industry—that’s approximately 14% of the U.S. GDP, and there is no doubt that multifamily housing plays a critical role in contributing to the
Meridian Capital Group arranges $11.7 million refi for five properties

Meridian Capital Group arranges $11.7 million refi for five properties

July 20, 2021
Brooklyn, NY Meridian Capital Group arranged $11.7 million in financing to refinance one of Iris Holdings Group’s affordable workforce housing projects.
Rosenberg & Estis, P.C. facilitates $89m NYC Accelerator C-PACE loan

Rosenberg & Estis, P.C. facilitates $89m NYC Accelerator C-PACE loan

July 20, 2021
Manhattan, NY Rosenberg & Estis, P.C. facilitated an $89 million NYC Accelerator Commercial Property Assessed Clean Energy (C-PACE) loan to help
OPEN Impact Real Estate launches woman-owned advisory services firm

OPEN Impact Real Estate launches woman-owned advisory services firm

July 20, 2021
New York, NY OPEN Impact Real Estate LLC announces the launch of its platform, which will deliver strategic commercial real estate advisory services to social-minded, mission-driven clients.
Greystone provides $16.6m Fannie Mae DUS loan for UWS multifamily

Greystone provides $16.6m Fannie Mae DUS loan for UWS multifamily

July 20, 2021
Manhattan, NY Greystone, a leading national commercial real estate finance company, has provided a $16.6 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance
MdeAS completes exterior renovation of RFR’s 477 Madison

MdeAS completes exterior renovation of RFR’s 477 Madison

July 20, 2021
Manhattan, NY RFR is introducing 477 Madison Ave. to the Midtown office market following a comprehensive redesign and renovation program that transforms the property’s
Smith appointed to Industry Advisory Group for U.S. State Dept. Bureau of Overseas Buildings Operations

Smith appointed to Industry Advisory Group for U.S. State Dept. Bureau of Overseas Buildings Operati...

July 20, 2021
New York, NY According to architecture and design firm Spacesmith, its founder and partner, Jane Smith, FAIA, IIDA, has been appointed to the
Body-Lawson honored by New York AIA Chapter

Body-Lawson honored by New York AIA Chapter

July 20, 2021
New York, NY Victor Body-Lawson, the architect, educator and artist known for community-driven designs for affordable housing, religious structures, mixed-use buildings and more was honored with