Manhattan, NY The seventh annual St. Jude Spirit of Hope networking charity event brought together leaders in the construction and real estate industries for an evening of purpose in New York City. The event highlighted what these industries can achieve in support of the lifesaving mission
Queens, NY Meridian Capital Group has arranged $70 million in financing for a 12-story, 500,000 s/f Class A office property located in Kew Gardens. The five-year, interest-only loan was provided by Citi Bank through a CMBS execution.
Brooklyn, NY AmTrustRE completed three office leases totaling more than 20,000 s/f at 203 Jay St. The company also added new culinary and beverage offerings at the building: Didi’s Pizza and Wine Bar and Bond St. Coffee and Goods. The eight-story office and retail property, located in DUMBO,
Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 333 1
st Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer. The asset sold for $2.8 million. 333 1
st Ave. is a seven unit mixed-use investment
Patchogue, NY The Nord Development Group and ACRE broke ground on their Carriage House Luxury Homes project October 27. The groundbreaking ceremony celebrated the beginning of a project that is set to revitalize a formerly dilapidated
Albany, NY Westgate Plaza at 911 Central Ave. was sold for $6.3 million. The buyer, a locally based investment group led by Faraz Khan, also owns Clifton Park Center and Wilton Malls. The seller, Horizons Management has owned the center for over 30 years. The transaction was
Lockport, NY Cleeman Realty Group negotiated the $5,281,690 off-market sale of a net-leased Tops Market. The property, spanning 55,000 s/f on 5.6 acres, is situated at 3949 Lockport-Olcott Rd. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented
Manhattan, NY GFP Real Estate completed a full-scale renovation of the lobby at 594 Bdwy. The reimagined space, designed by interior design studio GACHOT, reflects an aesthetic crafted to welcome tenants and visitors.
Queens, NY Cord Meyer Development celebrated a major milestone on October 29
th with a ceremonial groundbreaking for its mixed-use project at 90-32 Queens Blvd. in Elmhurst. The seven-story, 102,000 s/f development will combine 93 residential units with more than 32,000 s/f of retail and community-facility
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
