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Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island
March 24, 2020
Deer Park, NY Hastings Capital, LLC continues to demonstrate an ongoing commitment to excellence and to turning Long Island’s underperforming properties into valuable resources. 327 Skidmore Rd. is Hastings’ latest turn-around.
Phillips of Largo places $49.5 million permanent financing
March 24, 2020
Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 s/f class A office facility.
Hildreth Real Estate Advisors acquires Long Island property for $1 million
March 24, 2020
Huntington, NY Hildreth Real Estate Advisors has purchased a two-story commercial property on Main St. for $1 million. Prior to closing, Hildreth signed ENDO Healing for the 1,408 s/f ground floor retail, which is expected to open by the end of the month.
Meridian Capital Group secures $18.85 million on behalf of Segal of Dynamic Star
March 24, 2020
Bronx, NY Meridian Capital Group arranged $18.85 million in acquisition financing for the CSX site within the Fordham Landing assemblage in the University Heights neighborhood on behalf of Gary Segal of Dynamic Star.
Community Preservation Corp. to go carbon neutral
March 24, 2020
New York, NY The Community Preservation Corp. (CPC) has committed to attaining carbon neutral operations during the 2020 calendar year. CPC retained EcoAct, an international sustainability consultancy, to
Rahmani and Stavsky of VCPRE advise Muss Development for $29.25 million deal
March 24, 2020
Scarsdale, NY Muss Development has purchased a new apartment complex at 250 Central Park Ave. in a 1031 exchange for $29.25 million. The building is comprised of 51 units which encompass 46,342 s/f.
Point2Homes: The Coronavirus Outbreak throws a wrench in the housing market, but how disruptive will...
March 23, 2020
The Coronavirus outbreak, which originated in Wuhan but has extended into 162 countries and territories, is now officially a global pandemic. With over 198,000 confirmed cases, a number that changes by the hour, the virus is slowly but surely bringing everything to a grinding halt.
Black Mountain Capital names Dorcely, EVP, regional manager
March 23, 2020
New York, NY Black Mountain Capital, a private mortgage banking firm, has appointed James Dorcely as executive vice president/regional manager. Dorcely is a banking and finance executive with over 18 years of experience in developing and managing relationships to
Schuster, Birnbaum and Shimkin of NKF are sole brokers in Manolo Blahnik lease
March 24, 2020
Manhattan, NY Manolo Blahnik has signed a lease for its new flagship on 717 Madison Ave. Newmark Knight Frank’s (NKF) vice chairmen Ariel Schuster, Ben Birnbaum and Peter Shimkin were the sole brokers on the transaction.
Henderson of Marx Realty finalizes 3,500 s/f retail at 10 Grand Central; Klinger of The Shopping Cen...
March 24, 2020
Manhattan, NY According to Marx Realty, a locally-based owner, developer and manager of office, retail and multifamily property across the U.S., Sweetgreen, has signed a 3,500 s/f lease for a new location at 10 Grand Central.
Buchbinder & Warren and Lee & Assocs. broker 1,600 s/f
March 24, 2020
Manhattan, NY According to Buchbinder & Warren Realty Group, LLC, owners of craft beer and cocktail bar, The Jeffrey, have signed a new lease for space at 263 West 19th St. this will be the section location in the
Dough Doughnuts to open at 10 Rockefeller Plaza
March 24, 2020
Manhattan, NY According to Dough Doughnuts, they will be opening a new location at 10 Rockefeller Plaza. Dough Doughnuts’ new outpost will open at the end of May and provide New Yorkers all the things they love about Dough.
RD Management and partners sign Old Navy to Waterview Marketplace
March 24, 2020
Parsippany, NJ RD Management LLC, with partners JMF Properties and RIPCO Real Estate completed a lease signing with Old Navy at their Waterview Marketplace. Old Navy will occupy a 12,500 s/f space and is slated to open in late summer.
CBRE brings Café Borsalia and Chaps & Co Barbershop to 1165 Broadway
March 24, 2020
Manhattan, NY CBRE brokered two new retail leases at the renovated 1165 Broadway. Café Borsalia, an Italian coffee and pastry concept, inked a 930 s/f lease, while Chaps & Co Barbershop committed to 821 s/f on the
Strader of Silverstein Properties and Weiner of Manhattes Group broker 4,220 s/f for Hydra Studios
March 24, 2020
Manhattan, NY According to Silverstein Properties, health and wellness concept Hydra Studios has signed a 10-year, retail lease for 4,220 s/f at 120 Wall St.
Posniak of Empire State Realty Trust collaborates with Skulnik of Ripco in 33,000 s/f deal with Targ...
March 24, 2020
Manhattan, NY According to Empire State Realty Trust, Inc., (ESRT) Target has signed a lease at 10 Union Square East for a 33,000 s/f store.
Baker and Galo of Winick Realty Group complete 4,943 s/f retail leasing at GALERIE
March 24, 2020
Queens, NY According to Winick Realty Group, two retail tenants have signed leases for their first Long Island City locations at GALERIE, a 182-unit condominium located at 22-18 Jackson Ave. in Court Sq., completing leasing efforts for 4,943 s/f of
Signature Bank honored by National Law Journal
March 24, 2020
New York, NY According to Signature Bank, it ranked second in the U.S. in three categories of The National Law Journal’s “Best of 2020,” its ninth annual readers’ poll. The categories include
Exantas Capital Corp. expands lending platform
March 24, 2020
New York, NY Exantas Capital Corp. has expanded its commercial real estate debt platform to include fixed-rate commercial real estate loans through the integration of C-III Commercial Mortgage with its affiliate and external manager,
Ranieri of NorthMarq completes $7 million refinance
March 24, 2020
New York, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office arranged the $7 million refinance of a 12,636 s/f mixed-use property, located at 301 East 84th St.