Soloviev’s One United Nations Park 75% sold resulting in $260m in sales

Manhattan, NY The Soloviev Group’s development, One United Nations Park, the luxury residential tower in Midtown East located at 695 First Ave., is now officially 75% sold. With over $260 million in closed deals and signed contracts to date, One United Nations Park offers a collection of 148 condominium residences

Fairstead, Project FIND and NYC Department HPD celebrate opening of Park 79 - affordable housing

Manhattan, NY Fairstead, Project FIND and the NYC Department of Housing Preservation & Development (HPD) celebrated the opening of Park 79, an 100% affordable senior housing development on the Upper West Side. In addition to its roles as property owner and property manager,

Vanguard-Fine negotiates 14 sale and lease transactions

Albany, NY Vanguard-Fine, LLC brokered 14 sales and leases. • Kenneth Brownell and Steven Lerner of Vanguard-Fine and Jessica Curtis of CBRE-Stamford brokered the 15-year lease between RCSH Operations, LLC

Silverstein Properties and Metro Loft Mgmt. to convert 410,000 s/f office building to residential property in $172.5m acquisition

Manhattan, NY Silverstein Properties and Metro Loft Management have commenced the acquisition of 55 Broad St., a 30-story office building in New York’s Financial District, for $172.5 million from the Rudin Family, who will retain an equity stake in the project.

Arthur May Redevelopment Holdings development - 63-unit the Flats on Raymond ready for occupancy

Poughkeepsie, NY Arthur May Redevelopment Holdings, LLC (AMRH), an affiliate of Dutchess County-based PAZ Management, has slated its second building at The Arlington of Poughkeepsie, the Flats on Raymond, ready for occupancy. Located in the Arlington Town Center

Braverman Greenspun P.C. hires two attorneys

Manhattan,ny Braverman Greenspun P.C. has added two attorneys who each bring two decades of experience and extend the firm’s capabilities. Jillian Menna, a veteran insurance attorney, will assist clients with complex claims and other insurance issues. Daniella Zelefsky, a seasoned advisor on condo and co-op developments, will work with developer and condo board clients.

First Citizens Bank’s RE Finance business provides $42.2m in financing for 112,400 s/f studio facilities

Yonkers, NY First Citizens Bank’s Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Bdwy., a new entertainment production facility 100% pre-leased to MediaPro Studios.

Maintaining indoor air quality in New York amid wildfire smoke from Canada - by Eric Mitchell and Daniel Galarza

Smoke from Canadian wildfires had an astonishing presence in New York this summer, and, even though wildfire season traditionally ends in August, now is the time for property owners to plan for a possible future recurrence. Canadian wildfires are expected to be even worse in the future

Bayport Funding provides $3.35m construction loan for multifamily property conversion

Brooklyn, NY Bayport Funding has provided a $3.35 million acquisition and construction loan for the single-family conversion of a multifamily brownstone in Boerum Hill. The three-story, 2,576 s/f property was built in 1899 and comprises four bedrooms and three bathrooms.

Rose Associates and The Marmara Group continue leasing at 301 East 94th St.

Manhattan, NY Rose Associates has leasing underway at 301 East 94^th St. The property, a complete re-imagination of an existing hotel that has been fully renovated and transformed into a brand-new rental development by Rose and the Marmara Group, offers 106 apartments in studio-, one-, two- and three-bedroom configurations.