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Antario of Suffolk Realty Group and Curtis of One Realty Services partner on two deals; Curtis also ...
October 6, 2020
Brightwaters, NY Suffolk Realty Group, Inc. and One Realty Services, Inc. have handled the following transactions: Harry Antario, licensed associate real estate broker of Suffolk Realty Group, Inc. and Patrick Curtis, the corporate broker for locally-based One Realty Services, Inc., have brokered
Metro Realty Services handles $1.45m sale; leases 6,000 s/f total
October 6, 2020
West Babylon, NY Metro Realty Services, LLC completed the following transactions: Jeremy Hackett and Andrew Blumenthal of Metro Realty Services, LLC sold 11,312 s/f at 260 Montauk Hwy. in Bay Shore. Hackett and Blumenthal represented both
Forchelli of FDT appointed trustee of Wagner College
October 6, 2020
Uniondale, NY Forchelli Deegan Terrana LLP’s (FDT) managing partner, Jeffrey Forchelli, was appointed a trustee of Wagner College, a private liberal arts college on Staten Island
Marcus & Millichap completes sale/financing of 60,896 s/f ShopRite
October 6, 2020
Uniondale, NY Marcus & Millichap completed the sale and financing of a 60,896 s/f ShopRite grocery store. The property sold for $19.5 million. Wolfe and Glen Kunofsky in the firm’s Manhattan office represented the seller. Brad Nathanson of Marcus & Millichap’s Institutional Property Advisors (IPA) division in
Hunt Corp. Commercial Real Estate Q&A: Tenant expansion options
October 6, 2020
Q: What is the best way to allow space expansion capability in our lease negotiations? A: Probably the most common lament that I hear one year after a tenant has occupied new space is
Densen and Mayor of Island Associates facilitate $1.435 million sale
October 6, 2020
Smithtown, NY Island Associates Real Estate, Smithtown-based commercial real estate brokers and developers, handled the sale of the Castro Medical Building located at 1056 West Jericho Tpke. and the adjoining lot. The sale price was $1.435 million.
Murphy of Douglas Elliman leads 6 sale closings totaling $10.039 million
October 6, 2020
Bohemia, NY The Commercial Division of Douglas Elliman completed the following transactions: 4875 Sunrise Hwy.: A 26,000 s/f office building sold for $4.15 million. Michael Murphy of DE Commercial represented the seller, Romaz Properties and Greg Mogil of Mogil Realty represented
HUNT Real Estate fundraisers collect $26,000
October 6, 2020
Buffalo, NY In response to the overwhelming needs within our communities due to the COVID-19 pandemic, HUNT Real Estate sales professionals and employees organized and participated in multiple fundraisers and charitable initiatives across New York State this summer. Nearly $20,000 was raised in total
Finiki of Largo Capital secures $5 million in preferred equity financing
October 6, 2020
Buffalo, NY Tim Finiki, vice president of originations at Largo Capital, secured $5 million in preferred equity financing for the construction of a boutique hotel development in Austin, TX
Clignett and Tarazona join HUNT Engineers & Architects Engineering
October 6, 2020
Rochester, NY HUNT Engineers & Architects Engineering welcomed Audrey Clignett, EIT and Julieth Tarazona. The new hires bolster the firm’s engineering capacity with additional site/civil
Uniland opens $14.4 million Hampton Inn Buffalo-Amherst; first hotel in North America certified in U...
October 6, 2020
Amherst, NY Uniland Development Company opened its new $14.4 million, 107-room Hampton by Hilton hotel, the first in North America certified in Universal Design. The Hampton Inn Buffalo-Amherst at The Northtown Center athletic complex is is UD certified in Universal Design, an emerging standard
Cushman & Wakefield | Pyramid Brokerage welcome Skaarup as commercial real estate salesperson
October 6, 2020
Albany, NY Cushman & Wakefield | Pyramid Brokerage Co. hired their newest commercial real estate salesperson, Jared Skaarup
October message from the president of NYSCAR - by James Walker
October 6, 2020
The Fall is a great time of year to take some good education. Below are some courses scheduled in Syracuse and the Hudson Valley
TAYLOR, the Builders takes part in 8th annual “21 Stories for Scouts” fundraising event
October 6, 2020
Rochester, NY As part of the 8th Annual Seneca Waterways Council “21 Stories For Scouts” rappelling event on May 19th, Steven Hickey, David Ricci, Geoff Cook, Ryann Cook, and Jon Fogle accepted the challenge to defy gravity by rappelling 21 stories
The Boulder Group arranges $4.836m sale of net leased Walgreens
October 6, 2020
Williamson, NY The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Walgreens property located at 4061 NY-104 for
The Agency issues RFPs, Statement of Qualification for Union redevelopment
October 6, 2020
Binghamton, NY The Agency, Broome County Industrial Development Agency and Local Development Corp., has issued a request for proposals (RFP) and statement of qualifications for the purchase and redevelopment of the site located at 4301 Watson Blvd., Town of Union, Broome County, formerly
Ranieri of NorthMarq arranges $9.4 million refinance
October 6, 2020
Rochester, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office arranged the $9.4 million refinance of Hidden Creek Townhomes and Apartments. The 227-unit multifamily property is located on Charwood Circle. The transaction was structured with a 10-year
CPC creates $20 million ACCESS initiative
October 6, 2020
New York, NY The Community Preservation Corp. (CPC), a nonprofit affordable housing and community revitalization company, has created the $20 million CPC Acquiring Capital and Capacity for Economic Stability and Sustainability (ACCESS) initiative that will
Adams & Co. executes 26,170 s/f lease for Keeco at 390 Fifth Ave.
October 6, 2020
Manhattan, NY According to Adams & Co. Real Estate, LLC, Keeco, a home textiles supplier, signed a 26,170 s/f lease at 390 Fifth Ave. The company will be relocating from 295 Fifth Ave. to an office and showroom space on the entire 2nd floor and partial 5th floor of 390 Fifth Ave. by Q1 2021.
TRITEC gets approval for $165m apartment project
October 6, 2020
Bay Shore, NY According to TRITEC Real Estate Co., related-entity TREC Bay Shore, LLC received unanimous approval for the rezoning of 1700 Union Blvd. from Business District