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Bronx, NY According to Simone Development Cos., CKO Kickboxing has signed a new 10-year, 2,494 s/f lease at the Throggs Neck Shopping Center. This shopping center is located at 815 Hutchinson River Pwy. in the Ferry Point section.

Manhattan, NY Jack Resnick & Sons has signed three new leases with Mind Body Project, East One Coffee Roasters and Pet Central at 170 West 23rd St. totaling 7,080 s/f. This brings the nine-unit Chelsea retail condominium to full occupancy.

Manhattan, NY ABS Partners Real Estate has secured a 45,885 s/f, 20-year pre-development lease for Food Bazaar at One East Harlem, a one-acre, mixed-use development located at 201 E. 125th St. The project will include 65,000 s/f of retail space and 404 units of housing...

Manhattan, NY Equinox Fitness has renewed its lease at 14 Wall St. for an additional 20 years. Equinox originally came to the building in February 2000, leasing a slightly-above-grade storefront on the ground floor with a private entrance. Over the years...

Bronx, NY Cushman & Wakefield has arranged the sale of 2962 Jerome Ave., a 2,856 s/f retail property. The final closing price is $1.45 million equating to $84 per buildable s/f. Cushman & Wakefield’s Jonathan Squires, Michael Fioravanti, Josh Neustadter...

According to the Brookings Institute, over the next 10 years the middle-class population around the world is going to increase from 3.8 billion to 5.6 billion. That is roughly 160 million additional people a year entering the middle class around the world. Many of these newly minted members

I’m very familiar with my phone ringing continuously at this time of year because New York City real estate tax bills – due in July – are being received by property owners city-wide. Unlike any other year, however, New York City tax bills are jam-packed with errors. In particular, bills offer a...

Real estate investors have become increasingly optimistic about Sunset Park’s industrial and warehouse assets, motivated by the neighborhood’s proximity to major thoroughfares and relative affordability. With New York’s new rent regulation laws expected to dampen demand for multifamily...

New York, NY According to the Real Estate Board of New York (REBNY), its president, John Banks, will retire after five years of service to REBNY and 33 years in the private and public sectors. The REBNY board of governors confirmed Jim Whelan as new president...

New York, NY According to CBRE, David Hollander, a 25-year veteran of the firm, and Neil King, with 12 years at the company, have been promoted to vice chairmen. Both have been consistently recognized as top producers within CBRE.

New York, NY HKS Real Estate Advisors, a financial advisory and investment sales firm, has arranged the following four transactions in the residential and commercial real estate market totaling $17.95 million: A $8.15 million construction loan for the ground-up development of

Manhattan, NY Newmark Knight Frank has arranged a $52 million floating-rate loan for the refinancing of 263 West 34th St. A Newmark Knight Frank team of vice chairmen and co-heads of debt...

Brooklyn, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a multifamily property ifor $5.1 million. Director, Scott Burk, arranged the transaction and represented the buyer.

Manhattan, NY Holliday Fenoglio Fowler, L.P. (HFF) has expanded its debt and equity placement team with the addition of Jillian Mariutti as a director within its New York office. Mariutti has 12 years of commercial real estate experience and joins HFF from Mission Capital Advisors...

Brooklyn, NY Mission Capital Advisors’ debt and equity finance group has arranged $15.2 million of first-mortgage financing for The Box Factory, redeveloped into creative office and flex space. Located on the Brooklyn/Queens border in Bushwick

New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $26.95 million for the following six properties: • $8.2 million combined financing for a portfolio of seven multifamily apartment....

Bronx, NY S3 Capital Partners has originated a $140 million construction loan for Chess Builders and its new development at 210 East 135th St. The financing will drive the construction of two 25-story towers, consisting of 430 rental units (of which 129 are affordable), 24 hotel rooms, 5,000 commercial s/f and 210 parking spaces.

Manhattan, NY Michael Alvandi’s City Urban Realty and Stellar Management have completed a refinance of 243 Canal St.  Signature Bank provided a $21 million loan which included a $2.5 million gap mortgage. GCP Capital Group’s Alan Perlmutter negotiated the financing.