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Orange Bank & Trust appoints Rahiman as chief human resources officer

Middletown, NY Orange Bank & Trust Company has appointed Jacob Rahiman as chief human resources officer and senior vice president. The newly created position of chief human resources officer reflects the bank’s continued robust growth, which now extends to more than 220 employees and

NNN Pro Group brokers $1.66 million sale of 9,488 s/f net-leased property

Saratoga Springs, NY NNN Pro Group negotiated the sale of 7 Care Ln., a 9,488 s/f triple-net-leased property for $1,661,669. Glen Kunofsky, Alexander Doolin and Richard Nardi of NNN Pro Group represented the buyer, Vartan Jerian Jr., in the all-cash 1031 Exchange

Benenson Capital Partners appoints Boehm chief financial officer

Manhattan, NY According to Richard Kessler, chief operating officer, Benenson Capital Partners has appointed Suzanne Boehm as chief financial officer of the firm.

McGuire of NAI Long Island arranges 10,000 s/f lease

Riverhead, NY Brian McGuire of NAI Long Island represented Service Experts Heating & Air Conditioning in a five-year lease at 110 Kroemer Ave., an industrial property on behalf of Kroemer Avenue Holdings, LLC.

Weisbard joins Seyfarth Shaw as partner

Manhattan, NY Neil Weisbard has joined Seyfarth Shaw LLP as a partner, enhancing its real estate department in New York. Weisbard brings to Seyfarth extensive experience in land use, zoning, and administrative law matters, and securing construction

Rockensies appointed chairman for Nassau County Industrial Development Agency

Mineola, NY The Nassau County Industrial Development Agency (NCIDA) has appointed William Rockensies as the agency’s new chairman. As chairman, Rockensies will continue to support the expansion of existing businesses and incentivize new businesses to find a home in

Blumenfeld Dev. Group renews 20,000 s/f lease for NY Sports Club

Syosset, NY The Blumenfeld Development Group (BDG) has renewed NY Sports Club’s lease at their 9901 Queens Blvd. location for another 10 years, beginning in 2024.

Rockabill Consulting secures $22 million for St. Francis Frie­­nds of the Poor to finance the rehabilitation of three SRO buildings

Manhattan, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $22 million in financing on behalf of its client St. Francis Friends of the Poor, a nonprofit that pioneered the permanent supportive

How community engagement drives more equitable outcomes in the design process - by Gray Dougherty

New projects and buildings have wide-ranging effects on surrounding communities, ecosystems, and businesses. They impact the physical and mental well-being of individuals, the equitable distribution of economic resources, and future business opportunities. When a developer doesn’t seek out meaningful community input, they risk alienating neighborhoods and locals, while also missing a great opportunity to enrich the design impact

Slate Property Group closes $160 million bridge loan for Namdar Group 618 Pavonia Ave in Jersey City

Jersey City, NJ Slate Property Group announced that its lending arm, SCALE, has provided Namdar Group with a $160 million bridge loan for 618 Pavonia Ave. in the Journal Square neighborhood. The bridge loan will be used to retire $120 million in construction financing and fund the lease-up and stabilization of the 27-story, 432-unit residential building