New York City

JLL handles $14.1 million sale on behalf of Developer’s Realty Corp., and three additional sales totaling $15.3 million

Brooklyn, NY JLL Capital Markets has completed the sale of 531 86th St. in Bay Ridge on behalf of Developer’s Realty Corp. The two-story, 37,412 s/f retail property was

Moskowitz of HSP Real Estate Group arranges 7,500 s/f

Manhattan, NY Rödl & Partner has leased a 7,500 s/f space at 228 East 45th St., which will serve as the

Hajibay of Heritage Affordable acquires new construction building in the Bronx for $5 million

Bronx, NY Alex Hajibay, principal of Heritage Affordable Communities, has acquired a 47-unit affordable housing property. Hajibay purchased the

Communitas America and HGI America unveil Heyground

Bronx, NY Communitas America, a social impact organization supporting changemakers that address the systemic impediments and lack of access to economic opportunities in under-resourced communities, has unveiled Heyground, a new social innovation accelerator located at The Hub in the South Bronx, set to open in 2021. Developed by HGI America, Inc.,

ABS Partners R.E. arranges 32,078 s/f

Bronx, NY ABS Partners Real Estate has arranged leases with tenants, SOMOS Community Care, C.A.C. Industries and Lifestance Health at 5500 Broadway also known as Broadway Crossing. The building was represented by

Howard Hughes Corp. unveils plan for affordable housing at 250 Water St., revived Seaport Museum

Manhattan, NY The Howard Hughes Corp., (HHC) unveiled a comprehensive proposal for Lower Manhattan’s Seaport area, including the transformation of an underutilized full-block surface parking lot into a mixed-income

Construction begins for Rockaways - Atlantic Shorefront project

Queens, NY On the 8th anniversary of Hurricane Sandy, governor Andrew Cuomo, mayor Bill de Blasio and U.S. Army Corps of Engineers colonel Matthew Luzzatto celebrated the start of construction on the

CubeSmart to acquire $540m self-storage portfolio

New York, NY According to CubeSmart, it has entered into an agreement to acquire a portfolio of eight self-storage properties in the city from Storage Deluxe for $540 million. The portfolio, currently professionally managed

Cronheim arranges $2.75 million permanent financing

Manhattan, NY Cronheim Mortgage arranged $2.75 million in permanent financing for the subject, a four-story, walk-up retail and apartment building located in Midtown East. The interest rate was locked six months prior to

Yuen of Greystone originates $6.5m Fannie Mae DUS loan for Queens refi

Queens, NY Greystone, a leading national commercial real estate finance company, has provided a $6.5 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a multifamily property