On March 31, 2023, in Melendez v. City of New York, the Southern District of New York declared N.Y.C. Admin. Code § 22-1005 unconstitutional. That COVID-era law – enacted in May 2020 – rendered personal guaranties for certain kinds
Bronx, NY Walker & Dunlop has completed $50.8 million in financing and $30.9 million in LP equity for the development of three affordable, multifamily properties at 2710 Creston Ave., 2250 Aqueduct Ave. and 1751 Monroe Ave.
Brooklyn, NY Ariel Property Advisors (Ariel) has sold a five-story, 5,483 s/f multifamily building at 170 Clinton St. in Brooklyn Heights for $4.75 million.
Queens, NY GFI Realty Services, LLC negotiated the $5.095 million sale of 86-21 112
th St., a multifamily building comprised of 36 units, located in the Richmond Hill section of the borough. GFI Realty director Ohad Babo, and
Manhattan, NY Cushman & Wakefield arranged a 9,655 s/f lease for MINISO at 5 Times Sq. The global lifestyle retailer will occupy space on the ground and second floors.
Scarsdale, NY P. Lawrence Enterprises LLC has signed a sublease at 870 Central Park Ave. The agreement will bring X-Golf, a golf simulator experience, to the 8,840 s/f retail space. X-Golf Scarsdale is owned and operated by
Manhattan, NY Handler Real Estate Organization has completed a long-term renewal with anchor retail tenant Wasabi — a London-based sushi and bento chain — at its 561 7
th Ave. property. Wasabi has
Manhattan, NY Attorneys Barbara Shachnow and Mitchell Snow have joined the Adler & Stachenfeld LLP (A&S) as partners in the finance practice group and tax practice group.
Greenwich, CT Lancewood Capital closed over $100 million of new credit facilities for alternative real estate lenders as the family office begins to fill the void created among banks exiting the lender finance space.
Melville, NY Veteran commercial real estate brokers, Dennis McCoy and Marty Miller, have joined DGNY Commercial. “We are immensely pleased to welcome two such highly respected brokers to the DGNY Commercial team,” said Frank Socci,
