Front Section

Executive of the Month: Grant Greenspan of Kaufman Org. is leading the charge back to workplaces in a post COVID-19 era

New York, NY The New York Real Estate Journal (NYREJ) recently sat down with Grant Greenspan, this month’s executive of the month. Greenspan is principal of Kaufman Organization.

IDA of the Month: A reminder from The Agency Broome County Industrial Development Agency/LDC: We got you

We Got You. During such an unprecedented time, we can only imagine how frightening it is to be a business owner. As we slowly work to strategically open up New York State,

Hussein joins Thornton Tomasetti

New York, NY According to Thornton Tomasetti, Islam Hussein has joined as a vice president in the firm’s Applied Science practice.

Madison Realty Capital partners with Frontline Food Trucks to support the healthcare workers at Richmond University Medical Center

New York, NY Madison Realty Capital (MRC) is partnering up with Frontline Food Trucks to support the healthcare worker heroes at Richmond University Medical Center

Cushman & Wakefield arranges $4.75 million sale of development site–Shapiro, Squires and Berniker act for seller

Bronx, NY  Cushman & Wakefield arranged the sale of 6375 Broadway, a 55,142 buildable s/f development site in the Riverdale neighborhood. The sale price was $4.75 million.

Merchants Capital secures $35 million loan on behalf of Freddie Mac, Bayrock Capital

Queens, NY Mortgage banking company Merchants Capital has secured $35.4 million in agency funding for a 133-unit multifamily transitional housing facility located on Jamaica Ave. The project – known as Jamaica Apartments

1031 exchange strategies in a COVID impacted RE market: Extended identification period - by Pamela Michaels

Recently, one of my NYC clients was on the fence about whether to initiate a 1031exchange. Her query: Would she have enough time to find replacement property in the 45-day identification period given the lockdowns and restrictions imposed in NYC due to

JLL to arrange JV equity for BRP Cos’ Archer Towers project

Queens, NY JLL Capital Markets was selected by BRP Companies to arrange $286 million in joint venture equity financing for the construction of Archer Towers.

NYC exiles flee to suburbs and surrounding states amid COVID-19 outbreak - by Michael Weiser

The COVID-19 crisis has not only rocked the entire New York City economy and way of life, it has also begun to reshuffle the demographic of the city.

Rynarzewski and Gladstone of Piermont Bank place $8 million for Nassi of Buchanan Development

Bronx, NY Craig Nassi of Buchanan Development LLC has closed on $8 million in financing for 65 Buchanan Pl. The financing was placed by  Robert Rynarzewski and Andrew Gladstone of Piermont Bank.