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Lancewood Capital provides a $60 million credit facility to a New York-based alternative commercial real estate lender

New York, NY Lancewood Capital, a Greenwich, CT-based family office focused on senior real estate credit opportunities, provided a $60 million senior credit facility to a New York-based commercial real estate lender. Lancewood Capital has emerged as a sizeable provider

H2M Architects + Engineers named 2024 New York Design Firm Of The Year

Melville, NY Long Island consulting and design firm H2M architects + engineers was recently named as the 2024 New York Design Firm of the Year by Engineering News-Record. Engineering News-Record, or ENR, is a publications of the architecture, engineering

Report: Office building visitations in Manhattan jump from 66% in February to 74% in March and 75% in April

Manhattan, NY The Real Estate Board of New York (REBNY) released its latest monthly analysis of Placer.ai location data in 350 Manhattan office buildings for March and April. These reports track mobile data of office tenants and their employees, and, where applicable

Portelli & Gallishaw of Highcap Group sell East Village property

Manhattan, NY Christen Portelli, co-founder & principal and Ty Gallishaw, investment sales associate, of Manhattan based Commercial Real Estate firm Highcap Group, have completed the sales transaction located at 234 East 7th St.

SL Green Realty signs five leases at
485 Lexington Ave. - 64,303 s/f

Manhattan, NY SL Green Realty Corp. has signed four new office leases and one renewal lease at 485 Lexington Ave. totaling 64,303 s/f. “Leasing activity has rapidly improved over the first three months of the year,” said Steven Durels, SL Green’s executive vice president and director

GFP Real Estate closes on $54 million refinance loan from Apple Bank for 594 Broadway

Manhattan, NY GFP Real Estate, LLC has closed on a $54 million loan from Apple Bank to refinance 594 Broadway, a 12-story, 250,000 s/f office tower in SoHo. The new 10-year floating-rate permanent loan matures in 2034 and replaces a 2013

Atlantic Capital Partners sells 243,395 s/f At Colonie Center for $28 million to Heidenberg Properties affiliate

Albany, NY Atlantic Capital Partners has negotiated the sale of At Colonie Center, a super-regional grocery-anchored shopping center. The asset, which traded for $28 million is anchored by a highly productive Whole Foods Market and is one of the most

Aaron of Horvath & Tremblay sells 21-unit
mixed-use for $4.5 million

Manhattan, NY Robert Aaron of Horvath & Tremblay has completed the sale of 177 Chrystie St., a 21-unit mixed-use building. The asset sold for $4.5 million. Situated in a Lower East Side neighborhood, 177 Chrystie St., is a six-story brick building that contains one commercial unit on the ground floor

Lendlease and Extell Development top out
1520 First Ave. - 400,000 s/f medical office

Manhattan, NY Lendlease’s New York construction group has topped out 1520 First Ave., a 30-story medical office building in the Yorkville section of the Upper East Side. Developed by Extell Development Company, the 400,000 s/f facility, slated

Lee & Assocs. NYC arranges
$3.2m sale of 2,800 s/f retail site

Mamaroneck, NY Lee & Associates NYC has represented the seller in the sale of 1444 E. Boston Post Rd. for $3.2 million. The property consists of 2,800 s/f on half an acre and was previously leased to People’s United Bank.