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Eastern Union closes over $1 billion in Q1 2019
May 7, 2019
Brooklyn, NY According to Eastern Union, it has completed the first quarter of 2019 having closed a deal portfolio exceeding $1 billion in value.
Brick Capital Partners provides $3.3 million in financing
May 7, 2019
Manhattan, NY Brick Capital Partners LLC has completed the following: Provided a $2.5 million first mortgage to a private real estate owner with
Gilco Realty completes four leases totaling over 4,500 s/f
May 7, 2019
Bronx, NY According to Gilco Realty LLC, Michael Gilbert completed a 4,500 s/f lease at 1160 Southern Blvd. The tenant, Children’s Aid Society, was represented by ARC Advisors.
IDA of the Month: Westchester County IDA is a major driver behind residential building boom under wa...
May 7, 2019
White Plains, NY Westchester County is enjoying an unprecedented residential building boom that is changing the skyline of the county’s cities, towns and villages. One of the major drivers behind this economic development expansion is the Westchester Industrial Development Agency
Executive of the Month: Jude Regev of Jointer.io and Element Zero is a self-taught, driven and pass...
May 7, 2019
New York, NY The New York Real Estate Journal recently sat down with Jude Regev, founder and CEO of Jointer.io and founder and chairman of Element Zero, for a question and answer session.
Sell your Hamptons home using a 1031 Exchange - by Pamela Michaels
May 7, 2019
It’s that time of year again. Everyone is thinking about their summer plans and spending time at the beach. Whether your beach is Easthampton or Spring Lake, investors should read this article to ensure that
Trion Real Estate Management adds three complexes
to its portfolio; Located in Astoria and Manha...
May 7, 2019
Yonkers, NY Trion Real Estate Management is now managing three new residential complexes in Astoria and Manhattan, bringing its real estate management portfolio to 2,400 units throughout 40 properties. The Trion team was selected to...
Greenland Forest City Partners and The Brodsky Org. partner to develop 18 Sixth Avenue at Pacific Pa...
May 7, 2019
Brooklyn, NY Greenland Forest City Partners and The Brodsky Org. have partnered to develop 18 Sixth Ave. (parcel B4) at Pacific Park, the new 22-acre mixed-use neighborhood.
F&T Group and SCG America top out Tangram House West project; Designed by Margulies Hoelzli Architec...
May 7, 2019
Queens, NY Tangram House West, the new condominium and final piece of Tangram, the transformative 1.2 million s/f mixed-use development redefining the lifestyle of Flushing, has officially topped out at 13 stories, with sales slated to launch late this spring.
Netflix to expand presence with a production hub in New York City
May 7, 2019
Manhattan, NY According to governor Andrew Cuomo, Netflix will expand its presence in the state with a production hub in New York City, bringing hundreds of jobs and up to $100 million in
Cohen of Ashlind Properties negotiates sales in Hauppauge and Bohemia totaling $10.85 million
May 7, 2019
Hauppauge NY Richard Cohen, president of Ashlind Properties, has completed two sales totaling $10.85 million. The deals include the following:
Coaching: Commodity or resource? - by Rod Santomassimo
May 7, 2019
Earlier this month I had the privilege of presenting a keynote speech at a national commercial real estate conference. I couldn’t help but notice how uniform everyone looked. I am not referring to the dark suits and ties on the men, or the fitted skirts and jackets on the women
Outside the Region: EXETER Retail DataHub to supply retail sales data analytics for Related Cos.
May 7, 2019
New Orleans, LA The Related Cos. is providing its retail tenants in The Shops and Restaurants at its Hudson Yards mixed-use complex with EXETER Retail DataHub, according to
Outside the Region: Nutt and Barton of Calkain broker sale of Largo, FL shopping center: $2.615 mill...
May 7, 2019
Largo, FL Calkain’s Patrick Nutt and Connor Barton closed the $2.615 million sale of a net-leased multi-tenant strip center at 1001 West Bay Dr.
Levine of Greystone originates $58.848 million loan to refinance 280-bed Southampton skilled nursing...
May 7, 2019
Southampton, NY Greystone has provided a $58.848 million HUD-insured loan to refinance a 280-bed, skilled nursing facility (SNF). The loan was originated by Fred Levine, a managing director at Greystone.
Outside the Region: Greystone places Freddie Mac loan for 163-unit property in North Carolina
May 7, 2019
Charlotte, NC Greystone provided a $7.5 million Freddie Mac Small Balance loan refinance for a 163-unit multifamily property. The transaction was originated by Andrew Ellis and Payton Banks
Outside the Region: Thomas and Hilleman join Houlihan Lawrence
May 7, 2019
Darien, CT Houlihan Lawrence has welcomed Cathy Thomas and Heather Hilleman to its local office. The two agents were previously with Halstead Real Estate
Ponte of Stonegate Real Estate completes $6.065 million sale
May 7, 2019
East Meadow, NY Anthony Ponte of Stonegate Real Estate has represented the seller, 2087 LLC, in the $6.065 million sale of 2087 Hempstead Tpke. The buyer, Storage Deluxe, was represented by Jordan Baruch of Colliers International.
Outside the Region: Townhouse Management Co. proposes 500-room convention center hotel
May 7, 2019
Memphis, TN Townhouse Management Co. (THM) has proposed plans to the city to develop a new 500+ room convention center hotel complex at an estimated cost of $230 million. The complex will also
Lyons of Washington Trust arranges $13.5 million;
Placed for Commack CHI for 143-room Hampton In...
May 7, 2020
Commack, NY Washington Trust's Commercial Real Estate Group provided $13.5 million to Commack CHI, LLC, for the refinancing and property improvements of a 143-room Hampton Inn. Bethany Lyons, vice president of Washington Trust’s Commercial Real Estate Group...