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60 Guilders and Stockbridge purchase 211-unit apartment portfolio for $143.35 million

Brooklyn, NY A joint venture between affiliates of 60 Guilders and Stockbridge closed on the purchase of three rental apartment buildings located at 205 North 9th St., 220 North 10th St., and 225 North 9th St. in Williamsburg for $143.35 million.

MRA and Angelo Gordon complete $31.9 million financing for three Long Island industrial properties

Ronkonkoma, NY Metropolitan Realty Associates (MRA) in partnership with Angelo Gordon, has completed a $31.9 million financing with IDB Bank for three Suffolk County industrial properties. The properties are part of a $50 million programmatic venture between MRA

Resolution Real Estate Partners arranges five leases in Midtown West

Manhattan, NY Moving five more businesses into Midtown West, Evan Lieberman, senior director/leasing, Resolution Real Estate Partners LLC, a member of NAI Global, and Michael Dylan of Inceptum, Inc. have completed leases for four fashion industry brands and a talent advisory firm,

Perfetto and Nikolovienis named to 2022 Super Lawyers list

New York, NY Louis Perfetto, managing partner of the real estate law firm of Cohen & Perfetto LLP has been named to the 2022 edition of New York Super Lawyers for the sixteenth

The Doe Fund closes on construction financing for transitional housing

Brooklyn, NY The Doe Fund, a homeless services organization known for its Ready, Willing & Able work program and its portfolio of more than one million s/f of transitional, affordable, and supportive housing, closed on construction financing for its latest transitional residence at 510 Gates Ave.

SRS Real Estate Partners promotes Raymond to managing director and market leader

Manhattan, NY SRS Real Estate Partners promoted Britt Raymond to managing director and market leader for the New York Capital Markets team. In her new role she will provide guidance to the local brokers through day-to-day leadership, management, and business

Fried Frank advises Fox and News Corp in lease at 1211 Avenue of the Americas

Manhattan, NY Fried Frank advised Fox and News Corp on a long-term commitment extending their lease terms at 1211 Avenue of the Americas until 2042 with options to further extend. The combined space is over

ATCO Properties & Management leases 1,787 s/f to Ongi Korean grill at 630 Third Ave.

Manhattan, NY ATCO Properties & Management finalized a 10.5-year, 1,787 s/f lease for Ongi Korean grill, a new concept by Red Poke, at 630 Third Ave., a 252,000 s/f office tower located near Grand Central Terminal. Ongi will be in the retail space previously occupied by P.F. Chang

Patiently waiting - by Shallini Mehra

The combination of the rent laws, inflation and interest rates have put many investors in a stalemate and forced others to make some tough decisions about selling their New York City assets. For some, it’s landlord fatigue with the regulations, rising operating costs and a decreasing bottom line.

JLL arranges 18,000 s/f lease for Incline Equity at 101 Park Ave.

Manhattan, NY JLL has arranged an 18,000 s/f lease for growing private equity firm Incline Equity Partners at 101 Park Ave., the 49-story office tower located at the corner of 40th St. and Park Ave. in Midtown. Incline Equity Partners will nearly double its footprint