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Cushman & Wakefield|Pyramid facilitates over $5.85 million in 12 sales, leases 36,204 s/f

Cushman & Wakefield|Pyramid facilitates over $5.85 million in 12 sales, leases 36,204 s/f

May 7, 2019
Little Falls, NY Cushman & Wakefield|Pyramid Brokerage Co. (C&W|Pyramid) has completed the following transactions: 25 Riverside Industrial Pkwy.: The 100,000 s/f industrial warehouse sold for $1.3 million. Mohawk Hospital Equipment purchased the…
Milvado signs nine leases totaling 54,082 s/f in the first quarter

Milvado signs nine leases totaling 54,082 s/f in the first quarter

May 7, 2019
Syosset, NY Milvado Property Group ended the first quarter of the year on a high note by signing in the past 60 days nine new and renewal leases totaling 54,082 s/f at properties within
Malagisi and Hardisty of SVN collaborate in sale of 85,375 s/f self-storage facility for $7 million

Malagisi and Hardisty of SVN collaborate in sale of 85,375 s/f self-storage facility for $7 million

May 7, 2019
Ballston Spa, NY Nick Malagisi, SIOR of Buffalo, and Hans Hardisty, CCIM of Poughkeepsie, advisors on the SVN National Self-Storage Realty Team, have sold an 85,375 s/f self-storage facility
Juniper Capital closes $14 million loan from Arbor Realty Trust for Orchard Estates; Vintage Management is borrower

Juniper Capital closes $14 million loan from Arbor Realty Trust for Orchard Estates; Vintage Managem...

May 7, 2019
Syracuse, NY Juniper Capital closed a $14 million loan from Arbor Realty Trust for Orchard Estates, a 300-unit garden style complex. Juniper’s Nate Lowy negotiated the deal.
Freedberg of Suffolk Industrial Properties and Alliance Real Estate complete $2.4 million sale

Freedberg of Suffolk Industrial Properties and Alliance Real Estate complete $2.4 million sale

May 7, 2019
Farmingdale, NY According to Suffolk Industrial Properties (SIP), 40 Allen Blvd. sold for $2.4 million last month.
Lee NYC closes $32.2 million parking garage sale with Mequity Cos.; Zucker Org. is seller

Lee NYC closes $32.2 million parking garage sale with Mequity Cos.; Zucker Org. is seller

May 7, 2019
Manhattan, NY Sidney Rosenthal, executive managing director/principal, Steve Lorenzo, principal, Mitchell Salmon, executive managing director, and Christopher Ventura, associate director, of Lee
Weinberg, Gervis, and Sutton of Meridian Capital Group negotiate $100 million

Weinberg, Gervis, and Sutton of Meridian Capital Group negotiate $100 million

May 7, 2019
Manhattan, NY Meridian Capital Group arranged $100 million in financing to refinance 90 Broad St., an office building, on behalf of Princeton International Properties
Nortco Development tops out Eleven Hancock condominium project; <br>design by Issac & Stern, interiors by Lemay + Escobar

Nortco Development tops out Eleven Hancock condominium project;
design by Issac & Stern, interio...

May 7, 2019
Manhattan, NY Nortco Development has topped out at Eleven Hancock in Harlem. In addition, Nortco has launched a website for the project and revealed new renderings providing potential buyers a first look at the ground up condominium
Compass Commercial hires Sitt

Compass Commercial hires Sitt

May 7, 2019
Manhattan, NY According to Adelaide Polsinelli and Ronda Rogovin, vice chairs of Compass Commercial, a technology-driven real estate platform, have hired Albert Sitt  to complement their expanding investment sales division.
Westchester IDA approves incentives for $95 million apartment project

Westchester IDA approves incentives for $95 million apartment project

May 7, 2019
White Plains, NY The Westchester County Industrial Development Agency (IDA) has approved resolutions of intent to provide financial incentives for a $95 million apartment complex to be built
Orient Development’s Ammann receives TCO

Orient Development’s Ammann receives TCO

May 7, 2019
Manhattan, NY The Ammann, a new condominium development at 40 Pinehurst Ave., on the corner of 179th St. in Hudson Heights, has received its Temporary Certificate of Occupancy (TCO), enabling buyers to close
Hudson Valley Economic Development Corp. appoints Kenyon to its Advisory Board

Hudson Valley Economic Development Corp. appoints Kenyon to its Advisory Board

May 7, 2019
Goshen, NY Hudson Valley Economic Development Corp. (HVEDC) has appointed Doug Kenyon, director of business development at PC Construction Co., to its Advisory Board.
Hudson joins Gilco  Realty as salesperson

Hudson joins Gilco Realty as salesperson

May 7, 2019
New York, NY Gilco Realty LLC, Rolando Hudson has become a salesperson for the growing company specializing in commercial and industrial sales and leasing. Hudson comes to Gilco after
Madison Realty Capital developing 280,000 s/f Union Crossing project

Madison Realty Capital developing 280,000 s/f Union Crossing project

May 7, 2019
Bronx, NY In September, The New York Times reported on the building boom in the South Bronx. Since then, developers have been flooding to the area, bringing about new residential
Hudson Gateway Association of Realtors welcomes Levine

Hudson Gateway Association of Realtors welcomes Levine

May 7, 2019
White Plains, NY Brian Levine, Esq., has been appointed as in-house counsel/director of legal services & professional standards administrator for the Hudson Gateway Association of Realtors
Executive of the Month: Paredes, general manager of Safety Supplies  Unlimited and TSC Training Academy – NJ

Executive of the Month: Paredes, general manager of Safety Supplies Unlimited and TSC Training Acad...

May 7, 2019
Bayonne, NJ When Saeideh Paredes walks through the streets of New York City, she looks up often to see the skyscrapers towering above, sometimes 70 or more stories high. “I look like a tourist – I even take photos!” she said. Now general manager of Total Safety Consulting’s (TSC) ...
Duval & Stachenfeld launches tax group, hires Patka

Duval & Stachenfeld launches tax group, hires Patka

May 7, 2019
Manhattan, NY Duval & Stachenfeld LLP (D&S) has launched their Real Estate Tax and Incentives Practice Group with the addition of partner, YuhTyng Patka.
Nuveen Real Estate hires Phillips and Tilton as portfolio managers

Nuveen Real Estate hires Phillips and Tilton as portfolio managers

May 7, 2019
New York, NY Nuveen Real Estate has hired two portfolio managers for its office and industrial sector strategies.  The new hires – Chad Phillips and Brian Tilton –report to Rahul Idnani, Nuveen Real Estate’s global COO and U.S. head of portfolio management.  
REBNY honors Rothkin and Miovski of CBRE for Pearl St. deal at Sales Brokers Most Ingenious Deal of the Year Awards

REBNY honors Rothkin and Miovski of CBRE for Pearl St. deal at Sales Brokers Most Ingenious Deal of ...

May 7, 2019
Manhattan, NY Celebrating 75 years of ingenious commercial dealmaking, the Real Estate Board of New York (REBNY) honored the recipients of its Sales Brokers Most Ingenious Deal of the Year Awards on April 9th.
SSRGA advises co-op/condo boards on smoke detector NY compliance

SSRGA advises co-op/condo boards on smoke detector NY compliance

May 7, 2019
New York, NY As of April 1st, all smoke detecting alarm devices that are solely operated by battery power shall employ a non-removable, non-replaceable battery that powers the device