New York City

NKF facilitates $18 million refinance on behalf of Novel Property Ventures

Brooklyn, NY On behalf of Novel Property Ventures, Newmark Knight Frank (NKF) has arranged an $18 million fixed-rate loan for the refinancing of 364 Lincoln Pl.

GCP Capital Group arranges 12 deals totaling $123.857 million

New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $29.15 million for a portfolio of four multifamily apartment buildings

Transwestern represents Goodwill Industries in 30,800 s/f lease renewal

Brooklyn, NY Transwestern Real Estate Services (TRS) represented Goodwill Industries of Greater NY and Northern NJ Inc. (Goodwill NYNJ) in its 30,800 s/f lease renewal of

The Doe Fund secures financing from Key Bank and DHS to acquire 510 Gates Ave. in Brooklyn; Urban Architectural Initiatives to design new construction at the site

Brooklyn, NY According to The Doe Fund, it has acquired 510 Gates Ave. in the Bedford-Stuyvesant neighborhood. The site is adjacent to 520 Gates Ave., TDF’s first homeless transitional residence originally developed

Cosentino, Bijou and Laboz of TerraCRG sell renovated, free-market building in Bushwick, Brooklyn for $1.95 million

Brooklyn, NY TerraCRG has completed the sale of 89 Wyckoff Ave., a free-market, mixed-used building in the Bushwick neighborhood. TerraCRG investment sales team led by Matt Cosentino, Fred Bijou and Eddie Laboz have closed the deal at

JLL closes $102.38m development site sale for Rosenberg; Naftali Group acquires 470 Kent Ave., funding by HSBC

Brooklyn, NY According to JLL Capital Markets, it has closed on the sale of a development site at 470 Kent Ave. on the Williamsburg waterfront for Abraham Rosenberg. Naftali Group LLC acquired the property. The sale price was $102.38 million.

Savitt Partners signs lease with Hickory Lane Capital Management at 530 Seventh Ave.

Manhattan, NY According to Savitt Partners, a full service commercial real estate firm, Hickory Lane Capital Management has signed a lease at 530 Seventh Ave., located between 38th and 39th Sts., in the Garment District.

Polakoff of Avison Young leads team in $4.5 million sale

Manhattan, NY The Tri-State Investment Sales group for Avison Young completed the sale of 198 Prince St., a 5,000 s/f, four-unit boutique residential property in the SoHo neighborhood.

Haynes, Bestreich, Sproviero, Flaherty, and Lecky of Bestreich Realty Group sell development site in Brooklyn for $1.67 million

Brooklyn, NY Bestreich Realty Group (BRG) brokered the sale of 258 Eckford St. in the Greenpoint neighborhood, for $1.67 million, equating to $334 per buildable s/f.

RIPCO Real Estate handles $7.35m sale of Woolsey Station Post Office

Queens, NY RIPCO Real Estate (RIPCO) completed the sale of the 7,668 s/f, Woolsey Station Post Office Building located at 2268 31st St. (between 23rd Ave. and Ditmars Blvd.) in the Astoria neighborhood for