Dear New York City, Firstly, I know we will make it through this. We are resilient and no true New Yorker will ever take failure as an option. Yet, in the midst of the coronavirus pandemic, I am concerned for New York City. I am concerned for ourBrooklyn, NY
Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for Brooklyn Dumpling Shop at 131 First Ave. in the East Village neighborhood.Manhattan, NY
Rosewood Realty Group brokered the $5.37 million sale of a four-story multifamily building on East 82nd
St. near First Ave., on the Upper East Side. Rosewood’s Jack Zalta represented the seller, Mitchel Maidman of Townhouse Management and Ryan Lai, also of Rosewood,New York, NY
Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, has arranged $106.5 million in financing on behalf of multiple borrowers for the refinance of multifamily portfolios.
Marcus & Millichap has completed the following: 1248-1252 Flatbush Ave., an 8,415 s/f mixed-use property, sold for $3.2 million. Shaun Riney, Michael Salvatico, Daniel Greenblatt and Zalman Yarmush,New York, NY
GCP Capital Group LLC has arranged mortgage financing for the following properties: $57.5 million for a 132,000 s/f, six-story luxury condominium building containing 134 units,Brooklyn, NY
Merchants Capital, has provided $375 million in financing on behalf of a joint venture between Omni New York LLC, The Arker Companies, Dabar Development Partners, and Bedford Stuyvesant Restoration Corp.Manhattan, NY
RXR Realty, an owner, operator, and developer, completed a long-term lease with financial services company, INTL FCStone Inc. at 230 Park Ave. Jordan Berger represented RXR in-house in the lease, along with
The Moinian Group has closed on a $105 million loan from Bank of China to refinance Oskar, the developer’s fully leased residential building at 572 11th
Ave. The $105 million loan from Bank of China at a Bronx, NY
In an off-market transaction, Friedman-Roth Realty Services completed the $30 million sale of a package of three, six-story elevator apartment buildings. The seller was represented by Giuseppe Inglese and Nadeem Haque.