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Marks and Lebor of TerraCRG
broker sale of 410 Kingsland Ave.
Brooklyn, NY TerraCRG brokered the $120 million sale of the almost ten-acre waterfront property at 410 Kingsland Ave. in the Greenpoint neighborhood. The sellers of the site, ExxonMobil, hired TerraCRG as the exclusive broker to run a formal marketing and salesPhillips of Largo R.E. arranges $1.7m first mortgage for educational property
Orchard Park, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., secured a $1.7 million permanent first mortgage to refinance the existing debt on a 50,000 s/f educational property. Phillips utilized his relationship with a federal credit unionAriel Property Advisors arranges
two loans totaling $11.75 million
Manhattan, NY The Capital Services Group for Ariel Property Advisors arranged two loans totaling $11.75 million for two properties. Ben Schlegel, a director in the capital services group at Ariel, and Paul McCormick, partner, sales management, represented separate borrowers in the two transactionsKleinberg of Tri-State Properties sells 13,000 s/f Syosset office for $2.1 million
Syosset, NY Ron Kleinberg, president of Tri-State Properties, exclusively brokered the $2.1 million sale of the Syosset Professional building located at 40 Underhill Blvd. The 3-story commercial building totaled 13,000 s/f which included the lower level.IREON Insights: Giving back: Finding the best fit for your business to make an impact - part 1 of 2 - by Jeff Rubin
While the past few years have seen difficult tidings for the New York real estate market, 2024 ended on a strong note. In New York, optimism is high that 2025 will be a year of growth as mortgages mature and as we see rate cuts from the Federal Reserve. This optimism has held true forSmilowitz of Thornton Tomasetti receives ASCE Ernest E. Howard award
Manhattan, NY Thornton Tomasetti senior principal Robert Smilowitz is the latest recipient of the American Society of Civil Engineers’ (ASCE) Ernest E. Howard Award. The award recognizes an ASCE member for their contributions in advancing the field of structural engineering.