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Polsinelli, Cardillo of Compass sell 50,000 s/f development site

Polsinelli, Cardillo of Compass sell 50,000 s/f development site

February 18, 2020
Brooklyn, NY Adelaide Polsinelli, vice chair of Compass and the newly launched investment sales division, along with Michael Cardillo also of Compass, arranged the sale of 2673-2675 Atlantic Ave. in Cypress Hills, in the East New York
Brookfield Properties signs National Grid to 2 Hanson Pl.; Cushman & Wakefield acts for tenant

Brookfield Properties signs National Grid to 2 Hanson Pl.; Cushman & Wakefield acts for tenant

February 18, 2020
Brooklyn, NY According to Brookfield Properties, National Grid has signed a 15-year, 87,000 s/f lease at 2 Hanson Pl. National Grid is designing a workspace at the building in response to the changing expectations of
Madison Capital and Salmar Properties finalize two leases at Liberty View Industrial Park: 40,484 s/f total

Madison Capital and Salmar Properties finalize two leases at Liberty View Industrial Park: 40,484 s/...

February 18, 2020
Brooklyn, NY Madison Capital and Salmar Properties have completed tenant signings of Prose, a personalized hair care brand, and IDL Communications & Electric, an electric infrastructure company that works with the
Perlman and Brodsky of NKF arrange 70,728 s/f lease for Marcum LLP

Perlman and Brodsky of NKF arrange 70,728 s/f lease for Marcum LLP

February 18, 2020
Manhattan, NY Newmark Knight Frank (NKF) has arranged a 70,728 s/f office lease for accounting firm Marcum LLP at 730 Third Ave. NKF’s executive managing director Ross Perlman and senior managing director Lee Brodsky
Stenson of Brax Realty exclusively handles $6.48 million Manhattan sale

Stenson of Brax Realty exclusively handles $6.48 million Manhattan sale

February 18, 2020
Manhattan, NY Alan Stenson, senior director of locally-based investment sales brokerage firm Brax Realty has completed the sale of a 6,250 s/f mixed-use building in the Chelsea neighborhood. The property, 220 West 16th St., located
Ariel Property Advisors sells four development sites: $18.7 million

Ariel Property Advisors sells four development sites: $18.7 million

February 18, 2020
Brooklyn, NY Ariel Property Advisors exclusively arranged the sale of 185-199 Conover St. and 135 Dikeman St., a development site comprised of nine parcels in the Red Hook area. The assemblage sold for $8.1 million, or
Marx Realty secures 25,000 s/f with Strike Tech., GTS

Marx Realty secures 25,000 s/f with Strike Tech., GTS

February 18, 2020
Manhattan, NY Marx Realty (MNPP) has signed a lease renewal and expansion with Strike Technologies, and its subsidiary Global Trading Systems (GTS), to a five-year, 25,000 s/f lease at 545 Madison Ave. The firm will occupy
JLL closes $65 million sale for Savanna and Hornig Capital

JLL closes $65 million sale for Savanna and Hornig Capital

February 18, 2020
Bronx, NY JLL Capital Markets completed the $65 million sale of The Bruckner Building, an 188,000 s/f office building at  2417 Third Ave. in the Mott Haven neighborhood.
Beth Zafonte thrives on Akerman’s  forward-thinking and collaborative environment

Beth Zafonte thrives on Akerman’s forward-thinking and collaborative environment

February 18, 2020
New York, NY The New York Real Estate Journal (NYREJ) sat down with Beth Zafonte, this month’s executive of the month, for a question and answer session. Zafonte is the director of economic development services at Akerman LLP.
Pay close attention to your social media presence - by Harry Zlokower

Pay close attention to your social media presence - by Harry Zlokower

February 18, 2020
Have you been on Facebook lately, Twitter? No doubt, you have a profile on Linkedin. Social media is no stranger to real estate public relations. Residential brokers have been using it for years. CBRE, Cushman & Wakefield and
Marcus & Millichap sells industrial complex: $5.3 million

Marcus & Millichap sells industrial complex: $5.3 million

February 18, 2020
Middle Island, NY Marcus & Millichap has sold 1509 Rocky Point Rd., an industrial complex, for $5.3 million, according to John Krueger, vice president and regional manager of the firm’s Manhattan office.
Mission Capital Advisors place $8.2 million bridge loan

Mission Capital Advisors place $8.2 million bridge loan

February 18, 2020
Manhattan, NY Mission Capital Advisors’ debt and equity team arranged an $8.2 million bridge loan for 34 West 28th St., a retail/office property in the Midtown South neighborhood. Mission worked on behalf of the borrower,
Suminski and Pietropaoli of KeyBank RE Capital secure $47.2 million total to refinance nine Upstate properties

Suminski and Pietropaoli of KeyBank RE Capital secure $47.2 million total to refinance nine Upstate ...

February 18, 2020
Rochester, NY KeyBank Real Estate Capital (KBREC) secured $40.8 million of fixed-rate Freddie Mac financing and $6.4 million of fixed-rate financing for a locally-based real estate company to refinance six multifamily properties and
TD Bank provides $35.3 million bank financing for Dayspring Commons, 63-unit project by Westhab

TD Bank provides $35.3 million bank financing for Dayspring Commons, 63-unit project by Westhab

February 18, 2020
Yonkers, NY TD Bank closed on $35.3 million in bank financing used by Westhab to fund the construction of the Dayspring Commons Campus, located at 227 Elm St. The apartment building and community center will address the issue
2020 Ones to Watch: Lisa Fasano, DGNY Commercial

2020 Ones to Watch: Lisa Fasano, DGNY Commercial

February 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career?  Most recently I closed on a $5.225 million prime retail shopping center in Bethpage with 325 ft. road frontage on two major
2020 Ones to Watch: Brian Whelan, B6 Real Estate

2020 Ones to Watch: Brian Whelan, B6 Real Estate

February 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career?  The first commercial property I sold was a hotel in Pennsylvania–navigating the deal to the finish line gave me
2020 Ones to Watch: Adrianna Bosco, AKRF, Inc.

2020 Ones to Watch: Adrianna Bosco, AKRF, Inc.

February 18, 2020
Which project, deal, or transaction was the “game-changer” in the advancement of your career? Managing the environmental remediation for Douglaston Development’s new residential tower on West 29th St. has been the signature project of my career. This is a complex New York State Brownfield Cleanup Program site with a
2020 Ones to Watch: Nathan Abraham, JRT Realty Group

2020 Ones to Watch: Nathan Abraham, JRT Realty Group

February 18, 2020
How do you contribute to your community or your profession? Contributing to this profession is about creating an indispensable need for our services and knowledge base. To this end, I try to bring to
2020 Ones to Watch: Nicholas Battaglia, Stonegate Real Estate

2020 Ones to Watch: Nicholas Battaglia, Stonegate Real Estate

February 18, 2020
What led you to your current profession? I opened my first business, a fitness facility, when I was 18 years old. I ran that open to close for the first two years before having a
2020 Ones to Watch: Kamilla Rodrigues, Herrick, Feinstein LLP

2020 Ones to Watch: Kamilla Rodrigues, Herrick, Feinstein LLP

February 18, 2020
What led you to your current profession? I graduated from the Cornell School of Hotel Administration prepared and eager to work in the luxury hospitality and client services