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Caspi Development tops out 456 Greenwich St. – 96 guest rooms

Caspi Development tops out 456 Greenwich St. – 96 guest rooms

April 6, 2021
Manhattan, NY Caspi Development celebrated the topping out of 456 Greenwich St. in Tribeca, the future home of the five-star Hotel Barrière Le Fouquet’s New York. Managed under the
Extell Development Co. commences closings at Central Park Tower

Extell Development Co. commences closings at Central Park Tower

April 6, 2021
Manhattan, NY According to Extell Development Co., Central Park Tower – the tallest residential building in the world at 1,550 feet in height – has commenced closings and will be welcoming its first residents to the building.
JLL Capital Markets arranges redevelopment financing: $393 million

JLL Capital Markets arranges redevelopment financing: $393 million

April 6, 2021
Manhattan, NY JLL Capital Markets has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a
Xin Development Group International and Kuafu Properties begin sales at Bloom on Forty Fifth

Xin Development Group International and Kuafu Properties begin sales at Bloom on Forty Fifth

April 6, 2021
Manhattan, NY Xin Development Group International, Inc. in conjunction with Kuafu Properties, as the development manager, have commenced sales for
April 2021 message from the president of NYSCAR - by James Walker

April 2021 message from the president of NYSCAR - by James Walker

April 6, 2021
We want to remind you that the continuing education requirements for real estate licensees will be changing July 1st. The “grandfather” clause will no longer be in effect – ALL licensees will have to
Bricks & mortar retail: Upstate in the COVID-19 aftermath - Part 1 - by Tom Bailey and Sean Phelan

Bricks & mortar retail: Upstate in the COVID-19 aftermath - Part 1 - by Tom Bailey and Sean Phelan

April 6, 2021
Topped by four rust-belt cities with MSA populations of approximately one million each, bisected by a “Main Street” boasting agricultural and Finger Lake tourist hamlets, and supported along the
M&T Realty Capital appoints Casale managing director

M&T Realty Capital appoints Casale managing director

April 6, 2021
Buffalo, NY M&T Realty Capital Corp. (MTRCC) has appoited Zach Casale as a managing director. Casale will be responsible for originating agency, FHA, conduit/CMBS and life company loans
Lornamead expands lease by 22,000 s/f at Uniland Development property

Lornamead expands lease by 22,000 s/f at Uniland Development property

April 6, 2021
Tonawanda, NY According to Uniland Development Company, a leading builder, developer, owner and manager of commercial real estate in Western New York, and Lornamead, a
Pyramid adds first Amazon 4-Star store to its portfolio at Crossgates

Pyramid adds first Amazon 4-Star store to its portfolio at Crossgates

April 6, 2021
Albany, NY Pyramid Management Group, one of the largest, most innovative, privately held shopping center developers in North America, completed the opening of the first Amazon 4-Star store in its portfolio at the company’s Crossgates complex.
Arcuri of Syracuse Realty Group facilitates three transactions

Arcuri of Syracuse Realty Group facilitates three transactions

April 6, 2021
North Syracuse NY Syracuse Realty Group completed the following transactions: Michael Arcuri, CCIM, of Syracuse Realty Group acted on behalf of the  buyer, 6597 Joy Road, LLC, in the $535,000 purchase of
HUNT Mortgage Corp. opens  new headquarters in Buffalo

HUNT Mortgage Corp. opens new headquarters in Buffalo

April 6, 2021
Buffalo, NY HUNT Mortgage Corp. has opened its new corporate headquarters on the second floor in the Brisbane Building at 403 Main St.
Holycross joins Wendel

Holycross joins Wendel

April 6, 2021
Buffalo, NY Wendel, a nationally recognized architecture, engineering, energy efficiency and construction management firm, welcomed Amber Holycross, AIA, as
Saleski and Feinberg of Sutton broker sale of three properties for $1.8 million total; firm closes two additional deals

Saleski and Feinberg of Sutton broker sale of three properties for $1.8 million total; firm closes t...

April 6, 2021
Syracuse, NY Steve Saleski and Bart Feinberg of Sutton Real Estate represented the seller Skaneateles Properties, LLC in the sale of the following three properties:
Project of the Month: TAYLOR nears completion for new 91,717 s/f Courtyard by Marriott East-End Hotel in Rochester

Project of the Month: TAYLOR nears completion for new 91,717 s/f Courtyard by Marriott East-End Hote...

April 6, 2021
Rochester, NY TAYLOR–The Builders, a leading regional commercial general contractor, with offices in Rochester, Buffalo and Ithaca, New York, is nearing completion of construction of the new
Kaufman Org. acquires 82,000 s/f for $34.5 million

Kaufman Org. acquires 82,000 s/f for $34.5 million

April 6, 2021
Manhattan, NY The Kaufman Organization acquired The Haymarket Building under a newly formed 99-year ground lease, located at 135 West 29th St. between Sixth and
Due diligence tech helps private lenders offer new debt to distressed borrowers - by Anthony Romano

Due diligence tech helps private lenders offer new debt to distressed borrowers - by Anthony Romano

April 6, 2021
Private lenders are finding plenty of opportunities to make loans to commercial property owners in 2021. In exchange for new debt to replace struggling owners’ existing mortgages, these
Eastman Cooke to build Brooklyn Jaguar/Land Rover dealership

Eastman Cooke to build Brooklyn Jaguar/Land Rover dealership

April 6, 2021
Brooklyn, NY Eastman Cooke was selected by JLR Brooklyn of Coral Gables Florida, to provide preconstruction and construction services for the building of
Goldfein of Goldcap Real Estate Advisors facilitates $600,000 sale

Goldfein of Goldcap Real Estate Advisors facilitates $600,000 sale

April 6, 2021
Brooklyn NY Goldcap Real Estate Advisors facilitated the sale of 1526 Lincoln Pl. in the Crown Heights neighborhood. The sale price was $600,000 ($101 per buildable s/f).
Klosed Properties acquires 800 s/f retail condominium

Klosed Properties acquires 800 s/f retail condominium

April 6, 2021
Brooklyn, NY Klosed Properties has acquired a ground floor new construction retail condominium located at 186 Putnam Ave. in the Bedford Stuyvesant neighborhood.
Rodriguez of Rodriguez Commercial Realty is sole broker for $1.18 million deal

Rodriguez of Rodriguez Commercial Realty is sole broker for $1.18 million deal

April 6, 2021
Brooklyn NY Erik Rodriguez of Rodriguez Commercial Realty (RCR) completed the sale of 2177 Bedford Ave. (Block: 05090 Lot: 0004) located