Front Section

Chartwell acquires 81,000 s/f, Class A industrial building for $13.79 million

Congers, NY Raja Amar, the Stony Point developer and entrepreneur, through his Triangle Squared Realty Hemlock, LLC sold the commercial/industrial building at 25 Hemlock Dr. to Chartwell Hemlock Realty LLC, the real estate arm of Chartwell Pharmaceuticals for $13.79 million

JRM Construction completes Galaxy Digital's office space

Manhattan, NY JRM Construction Management announced the completion of Galaxy Digital's office space. The project, designed by Young Projects, reflects the unique culture of Galaxy Digital, a leader in digital asset and blockchain technologies

Lapidos joins Aria Development as head of asset management

Aria Development Group, a leading real estate investment and development firm, announced that Rick Lapidos has recently joined as managing director, head of Asset Management. Lapidos will be responsible for overseeing Aria’s asset management program to optimize the financial performance of properties across multiple states, working closely with internal and external stakeholders. Before joining Aria, Lapidos held several asset management leadership positions with Taconic Partners

JRM Construction completes Pastrami Queen build out

Manhattan, NY JRM Construction has recently completed the build out of food outpost Pastrami Queen. Often featured in Best Of lists, much success is anticipated for Pastrami Queen’s third location. The new location is located in Moynihan Train Hall, which has recently undergone a number of significant renovations. JRM has also completed a number of other hospitality location build outs for the train hall

Forchelli Deegan Terrana LLP congratulates eight attorneys on their NCBA Committee appointments

Uniondale, NY Forchelli Deegan Terrana LLP (“FDT”) warmly congratulates the following attorneys on their Nassau County Bar Assoc...

Brisa Builders Development LLC and Glenmore Managers LLC get the green light to start construction on Glenmore Manor

Brooklyn, NY Residents and business owners of Brownsville gathered together with Glenmore Manor Managers LLC to celebrate the groundbreaking ceremony for the construction of Glenmore Manor. Brisa Builders Development (BBD) is the leader of the joint venture entity Glenmore Manor Managers LLC. Composed of BBD, African American Planning Commission Inc., and Lemle & Wolff Companies, Glenmore Manor

Cohen of Refined arranges $11.972 million mortgage

Bronx, NY Refined,announced the successful closing of a $11.972 million commercial mortgage for a modern multifamily property located i...

Hach of Refined arranges two commercial mortgages

Brooklyn, NY Joe Hach, partner at Refined, recently arranged two commercial mortgages. The first transaction, a $10.5 million bridge loan, was collateralized by two rent-stabilized multifamily properties

X-Caliber releases whitepaper on office and hotel conversions into multifamily

Irvington, NY X-Caliber, a national, direct commercial real estate lender focused on impact lending, has released a whitepaper on the office and hotel -to-multifamily conversion trend in wake of low occupancies and some struggling properties

Rockabill Consulting secures $89 million for Catholic Homes New York

to build new affordable and supportive housing

Bronx, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $89 million on behalf of Catholic Homes New York, a division within Catholic Charities of the Archdiocese