Wells Fargo’s Community Lending and Investment (CLI) group has closed on $780.3 million in financing for five New York City-area affordable housing projects. CLI provided a total of $250.6 million in debt and equity financing to Gilbane Development Company, The Hudson Companies and MHANY Management for Peninsula Phase 2, the second phase of the redevelopment of the former Spofford Juvenile Detention Facility
Leading global architecture and interior design firm Spectorgroup is thrilled to announce the addition of three new hires to its New York team. The new team members bring a wealth of knowledge to the firm, further strengthening Spectorgroup's ability to deliver thoughtful, research-based design strategies to its clients
Smithtown, NY On Tuesday, September 26th, CIBS W's 1st Women’s Annual 9 & Dine Golf Outing will take place at Stonebridge Golf & Country Club. A portion of the proceeds will benefit Pink Cans 4 Cancer. For more information
Manhattan, NY Lightstone said that Brad Lyons has joined Lightstone Capital, a real estate debt platform that provides sponsors with flexible, creative and immediate financing solutions. Lyons will serve as head of origination for the Southeast & Central regions.
Manhattan, NY Life Time is entering into a lease agreement with Vornado Realty Trust to occupy more than 53,000 s/f on the first three floors of the redeveloped 57-story PENN 1, located adjacent to Madison Square Garden.
Manhattan, NY Top industry professionals came together to celebrate three real estate colleagues who are changing New York City’s landscape and to support the real estate leaders of tomorrow at an event hosted by Fordham University’s Real Estate Institute (REI).
Brooklyn, NY Meridian’s Amit Doshi and Shallini Mehra closed on their exclusive listing located at 288 and 295 Maple St. The two six-story elevator buildings are located in the Prospect-Lefferts Gardens neighborhood, span 74,622 s/f, and are currently configured with
Queens, NY JLL Capital Markets arranged the $354 million total capitalization for 28-90 Review Ave., a 4.03-acre, industrial development totalling 734,000 s/f in Long Island City.
Brooklyn, NY Michael Sherman, founder of Baseline Real Estate Advisors negotiated the sale of 203-209 N 11
th St. for $13.5 million. The subject property is a 30,000 buildable s/f development site in Williamsburg. The property was a vacant warehouse on
Inwood, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) has approved a package of economic development incentives for a proposed warehouse that will boost revenues for taxing jurisdictions, especially the Lawrence School District.
